Mike Dai Email & Phone Number

San Francisco Bay Area

New York, Ny, Us

During the Walmart partnership phase, I am leading strategic financial crime and sanctions risk management initiatives across policy, systems, and operations.- Leading a team of model and analytics staff, we are implementing a scalable monitoring, investigation and reporting controls across all AML and Sanctions operations.- I collaborate and support fraud strategy & operations by providing intelligence and recommendations of interdiction and monitoring of high risk and coordinated fraud and ML attack vectors

New York, Ny, Us

During this initial period of ONE Finance, Inc.'s 6-month old core banking product, I developed and administered the BSA/AML/OFAC and consumer compliance programs

San Francisco, California, Us

• Develop and administer the regulatory compliance program• Conduct risk-based monitoring and testing of lending, deposit and banking operations for commercial lending and consumer deposits applicable to Reg B, C, V, X, O, W, P, UDAAP, SCRA, FDPA, Fair Lending, E, D, DD, CC• Contributing member of the SAR committee; AML reviews related to small businesses and cash-intensive customers• Provide input into new business & operational initiatives assessing regulatory compliance impacts and propose solutions that enhance risk management while reliving compliance burden• Draft, maintain and provide review and approval of the bank policies• Lead for monthly Compliance Committee reporting and presentation• Identify and escalate emerging risks through reporting compliance KPIs and KRIs to executive management and Board• Develop and implement risk assessments and controls• Compose and deliver targeted compliance training to staff• Liaison for regulatory exams (OCC); composed contextual and summary narratives to examiners• Audit Program Lead (3rd LOD) - Assist the audit program life cycle through performing audit scoping, providing QC to auditor reports and risk managers' corrective actions, providing for Audit Program management reporting, and developing and administering Program policy.

Greater Denver, Co, Us

Compliance Manager• Developed risk-based audit and monitoring compliance programs covering consumer finance laws for deposit, mortgage and commercial lending products with focuses on Reg E, D, DD, P, CC, B, Z, C, V, X, O, W, TRID, UDAAP, SCRA, FDPA, FDCPA, TCP, Fair Lending, IT security/program management and vendor management.• Developed and implemented new consumer loan product lines (Construction-Perm) compliant with consumer origination and servicing rules • Developed the bank's fair lending program involving quantitative analysis of third-party broker activity, denials, fallout and processing rates related to disparate impact and treatment including coverage for consumer and commercial lending• Liaison for regulatory exams; compose contextual and summary narratives for exam submissions Risk Manager, Vendor Manager• Developed and implemented bank-wide enterprise risk policy and providing management reporting. Consultant to other risk management functions to improve risk management processes.• Composed the bank's Compliance Committee and Board of Directors meeting presentations• Implemented the bank's risk-based vendor management policy

Santa Rosa, California, Us

• Implemented risk-based vendor management policy for mortgage origination and servicing

Washington, Dc, Us

• Hired and managed 11 firms as financial agents to the US Treasury, which includes equity and debt capital markets advisors, asset managers, transaction structuring advisors, and broker-dealer firms• Negotiated contracts on behalf of US Treasury with these firms. Served as a central point of contact between external advisors and the Treasury TARP investment, compliance, and counsel offices that rely on the agents' services• Provided resolutions to business, technical, contractual, and relationship issues to support disposition of TARP investments in AIG, commercial banks, GM, and Ally• Developed metrics to measure, verify, and report service level targets and performance-based incentives • Monitored compliance with contract requirements including conflicts-of-interest and small business engagements.• Participated in audits of contract compliance• Analyzed service level impacts and recommended advisor consolidation strategies during portfolio wind-down

Washington, Dc, Us

Debt Manager for short-term financing:• Managed the $1.6 trillion Treasury Bill portfolio, utilizing pro-forma and debt financing models, and provided issuance recommendations. Provided bond portfolio forecasting.• Developed and presented debt portfolio and auction participant metrics dashboards, utilizing Excel VBA and Business Objects queries, for senior management• Conducted debt portfolio and treasuries market analytics: including muni bonds, interest rate trading strategies, investor classifications, and auction bidding behavior• Directed policy oversight of Treasury Bill auctions• Provided daily briefings of debt issuance strategy and sustainability scenarios to senior Treasury officials during the debt limit impasse of 2009-10• Authored presentations and data charts for senior officials’ press and speaking engagements• Represented Treasury in Chinese Sub-national Debt Forum by presenting overviews of US muni bond market Interest Rate Certification Manager:• Management of staff members who support the daily interest calculations• Computed and constructed of the daily Treasury par yield curve (CMT) analyzing curve fitting and composite points• Priced zero-coupon bonds for federal agencies’ borrowing with Treasury, using real-time quotes. Provided, mark-to-market valuations of $25B bond portfolios for financial reporting utilizing DCF and NPV models.• Awarded Treasury Secretary’s Honor Award as a lead for software development project for interest rate calculation programs. Designed processes for and participated in, UAT and QA testing

Washington, Dc, Us

Treasury Marketable Securities Auction• Supported bid submissions and processing of competitive bids during Treasury debt auctions• Compiled and analyzed auction statistics and metrics for auction coverage, bidding behavior and compliance violations

Bachelor Of Science In Business & Administrations, Finance

Certificates Of Completion

Education record