Michael Elliott Email & Phone Number

Winston-Salem, North Carolina, United States

• Sr. Business Consultant to Principal Financial Services 2020 - 2023
• Identified and developed operational and regulatory controls for a newly established Custody operation.
• Built and executed reconciliation processes for cash balancing associated and estimated 45,000 daily transactions.
• Trained reconciliation team on research and resolution techniques, SEI Trust 3000, and Custody operational knowledge.
• Collaborated with reconciliation team to identify and resolve daily exceptions.

Wilmington, Delaware

• Directed a specialized team of 7 individuals responsible for the development and monitoring of Operational and Compliance Controls, Risk Governance, Regulatory Reporting, SOC 1, and served as a coordination point for.
• Collaborated with Compliance in the review of all regulatory controls associated with high-risk regulations (Regulation 9, ERISA, Trust Powers, Trust Indenture Act, Regulation R, Securities Act of 1933, Securities.
• Acted as a liaison for Regulatory Affairs and Compliance on 18 regulatory exams. Responded to Risk Governance questions and oversaw the collection of data necessary for the execution of the regulatory exams, ensuring.
• Planned and executed an Affiliate Oversight program for M&T Bank in response to the OCC Third-Party Oversight requirements that the lead examiner asked to use as a model in discussions with other banks he oversaw.
• Operated as a knowledge resource for the practical application of Risk Governance, Regulatory Compliance, and Operational Risk issues, serving on several governance committees within Wilmington Trust

Wilmington, Delaware 19801

Collaborated with Audit, Risk, and Compliance to design and implement a Risk Governance program to analyze and assess risks in the operating environment and effectiveness of controls. The Risk Management program included the creation, monitoring and reporting of key risk metrics (KRI), quarterly risk dashboards, key procedural controls (KPC), AML/BSA risk.

Oaks, PA 19456

Performed activities related to the transition of a Private Bank International Custody Operations to SEI Wealth Advisory Services (WAS) outsourcing solution. Responsibilities included preparation of implementation plans, budget, coordinating teams involving configuration, data migrations, workflow evaluations, development initiatives and priorities.

Oaks. PA. 19456

Performed evaluations of investment processing operations to identify risks and control opprotunities. Coordinated with internal stake holders for the operational participation in SSAE 16 reviews, internal audits, and regulatory reviews.

Oaks, PA

Responsible for the management, review, coordination and execution of corrections within the new investment processing system developed.

Oaks, PA

Worked as an Operational Subject Matter Expert in the development of operational business requiements for the development of a new investment processing system.

Oaks, PA

Managed projects involving the development of operational workflows, techical requirements, cost analysis, staffing models and new products, solutions, and services initated by various internal stake holders.

Oaks, PA

Managed and team of highly skilled implementations specialists and consultants during a period of rapid expansion in SEI outsourcing solution.

San Francisco Bay Area

Managed the Custody Administration office for accounts comprised of Public Funds, Insurance Companies and Corporations consisting of more then 320 relationships, 625 accounts and 112 billion in assests under custody.

Pasadena, California

Managed multiple departments involving Retirement Benefit Payments, Asset Data Services, Common Fund Valuations, Client Implementations, Corporate Actions, Income Collections, Customer Reporting, Reconcilement Services and Investment Settlement Management.

San Francisco Bay Area

Responsibilities included Money Market settlement activity for banks trading department, Reconcilement Supervisor for Safekeeping department, Management of our phyiscal Vault, and Securities Processing Settlement management for safekeeping department.

Ba, Economics

Associate Of Arts - Aa, Business Administration And Management, General

Certificate Program - Financial Technology

Certificate Program, Lean Six Sigma, A