Marc Shapiro Email & Phone Number

Frankfurt Am Main, Hessen, De

Frankfurt Am Main, Hessen, De

• Led Global and Domestic reviews to assess and review compliance with regulatory and internal policy requirements to mitigate and manage Anti-Financial Crime risks. Provided subject matter expertise and drafted test plans for reviews including the following -o The Hiring practices risk management framework to identify and manage the risk of potential bribery and corruption and conflict of interests.o The control framework implemented to provide payment transparency and risk mitigation for Fintech clients who transacted through the bank of behalf of their own clients.o FINTRAC funds transfer regulatory reporting requirements.o Regulatory adherence with BSA regulations including Travel Rule and Funds Transfer Recordkeeping.• Provided tailored training to the Compliance and Anti-Financial Crime testing teams on emerging cryptocurrency risks and regulatory actions.• Provided subject matter expertise for the global end-to-end Sanctions filtering review including alert management, case documentary standards, and OFAC Block and Reject requirements.

Frankfurt Am Main, Hessen, De

Working with the Anti-Financial Crime Controls Testing team performing reviews on the firm’s KYC and AML Monitoring functionality for both design and operating effectiveness

Mclean, Virginia, Us

• Drafted the firm’s Annual AML Training • Led a six-month project to develop a middle office function in the North American Wholesale business of a European bank including assessment of staffing requirements, drafting job requirements for the future roles, and developing operating procedures

Paris, Fr

• Conducted end-to-end Sanctions Compliance testing for International branches and business lines to ensure adherence to OFAC, EU, and UN regulations and Group requirements• Led payment screening audits for APAC hub locations, focusing on proper investigation, documentation, and escalation of payments stopped for potential nexus to sanctioned entities and countries • Managed a New York-based audit team conducting a review of the South Korea branch’s financial security framework ensuring timely deliverables• Provided subject matter expertise and testing methodology for KYC, AML, transactional and client alerts, blocked and rejected payments, circumvention, manual payments, and payment messaging • Managed and analyzed team’s remedial actions inventory, closing over 100 actions and maintaining a rate of less than 2% of total remedial actions past due• Provided tailored coaching and training for team members for Sanctions screening and payment messaging controls• Drafted and maintained inventory of test plans • Formalized and addressed twice weekly management reporting for review progress and remedial action plan completion• Served as On-Site Controls team representative to the Global Sanctions Policy drafting committee

New York, Ny, Us

• Drafted Risk and Control Self Assessments (RCSA) for the U.S. Branch to formalize second-level controls created to mitigate fraud, accuracy, and timeliness risk for the Payments and Banking Operations (KYC) groups• Executed end-to-end control testing including drafting test programs, conducting reviews, working with process owners on remedial actions, and validating issue closures• Reviewed Payment, KYC, and Sanctions standard operating procedures to ensure controls were integrated into processes• Identified controls to prevent circumvention for rejected payments of AML related entities• Revised group’s testing documentation to streamline and simplify the quarterly review process• Created logical access profiles for payment personnel to eliminate toxic combinations and enforce segregation of dutiesGLOBAL ASSIGNMENT - BARCLAYS AFRICA GROUP, August 2013 – November 2013• Recruited for a three-month assignment in Johannesburg, South Africa to work with a turnaround program to align the controls in the recently acquired ABSA business to that of Barclays Global Payments• Identified Internal Fraud risk within manual interventions in payment processing• Assessed and identified immediate tactical and strategic solutions to remediate payment processing issues resulting in high error and fraud rates• Identified risk of customer tipping off in a third-party sanctions screening process • Revised procedures to eliminate paper payment instructions and encouraged use of workflow tools• Designed SharePoint to be used to as a resource to maintain standard operating procedures among Barclays Africa Payments personnel

New York, Ny, Us

• Performed investigation and analysis of transactions involving potential breaches of sanctions set forth by the Office of Foreign Assets Control of the US Department of the Treasury• Acted as a liaison between Compliance and Sanctions to implement policy to reflect ongoing changes in OFAC sanctions• Performed remediation of blocked property ensuring that appropriate interest was accruing in line with regulatory standards• Managed an off-shore coverage sanctions review in Poole, UK as well as in the Chennai and Noida, India office locations • Implemented approval time reduction process for internal policy exceptions involving payments focused on humanitarian efforts in sanctioned countries

Zurich, Ch

• Planned and executed independent risk-based reviews in the UBS Wealth Management Division, focusing on products & services, back-office operations, as well as reviews delegated by senior Legal and Compliance management• Performed annual Office of Supervisory Jurisdiction and international branch office reviews• Tested existing controls to ensure that supervisory procedures (in accordance with FINRA rules 3010, 3012, and 3013), as well as employee handbook policies, were being followed within the various Home Office functions• Performed reviews of foreign accounts with P.O. Box addresses for ultimate beneficial ownership

New York, Ny, Us

• Conducted AML and fraud investigations• Responsible for determining when Suspicious Activity Reports (“SARs”) were required to be filed• Drafted and presented module to Sales and Compliance personnel for annual firm AML training• Coordinated and performed audits of all retail branch offices, Employee Trade Surveillance Unit, and FINRA 3012 testing

New York, Ny, Us

• Performed Compliance audits and drafted reports of national and international branches with emphasis on sales practice, KYC, and AML issues and operations• Assisted in the development of examination procedures and conducted annual Compliance conferences for branch office personnel