Molly Wells Email & Phone Number

St. Louis, Mo, Us

San Francisco, California, Us

Regulatory Compliance SME of US Data Privacy laws and regulations both federal and state level including but not limited to GLBA 501(a) (Reg P and SP), California Consumer Privacy Act, state level data breach laws, and state level privacy laws for both financial and insurance institutions.Provide subject matter expertise across the enterprise, guidance, and credible challenge to the front line for assigned regulations, including the review of major requirement dispositions, training materials, test scripts, and business policies and procedures. Consult on identifying and remediation planning for identified issues with regulatory impacts, new processes, new third-party relationships.Develop and provide oversight and monitoring of issues, complaints, and compliance activities. Contribute to management reporting and escalate potential compliance gaps.

Utrecht, Utrecht, Nl

As the Regulatory Change Management Officer, I developed and implemented a local and regional program to monitor and implement regulatory changes for the North America Region of an international bank based in the Netherlands. The Regulatory Change Program covers Canada, United States, and Mexico, as well as all Federal Regulators and the financial regulators in the 50 states. Various lines of business covered include retail banking, consumer lending, agricultural lending, commercial lending, wholesale banking, investment banking, commercial and consumer leasing, vendor finance, markets and securities. I am responsible for ensuring the bank is aware of pending and changing regulations and that there is a plan in place to implement the changes by the required compliance date. In addition, I provide advice to senior management on the regulatory strategy of the bank. Additional responsibilities include:• Review and summarize new and changing regulations to executive management • Monitor and Review all regulatory changes that impact the Rabobank Group in North America • Negotiate contracts and manage implementation of software solutions • Create reporting for Board of Directors and Executive Management on compliance priorities • Participate in the annual strategic planning for the Compliance Department • Ensure Regional Oversight of all subsidiaries and assist in developing overarching policies for the Regiono Ensure compliance with the Bank Holding Company Act and Regulation YY – Enhanced Prudential Standards• Interact with Regulators during specific exams and Routine Continuous Monitoring meetings• Attend conferences and webinars to ensure I am up-to-date on the most current trends and regulations

St. Louis, Mo, Us

During my employment with Stifel, I have been tasked by the Director of AML with leading several important projects that have helped shape our AML program. In 2015, I did a review of the transaction monitoring reports and determined that the current reports were insufficient. I have since created and implement five new reports and coordinated with the Legal Department to begin conducting AML reviews for those clients which are subpoenaed. In 2016, I coordinated the data collection and analyzation for the firm-wide AML Risk Assessment then wrote up the analysis and recommendations that were submitted to the Board of Directors. Additional responsibilities include:• Train and supervised three new employees and serve as a leader and mentor for the junior members of the team as well as SME for various areas of the firm• Meet with regulators during exams to explain report findings and decisions• Assist the Regulatory Affairs team in responding to and providing documentation to various regulatory authorities • Assist members of law enforcement and the IRS – CID in investigations initiated by SAR filings• Am a member of a team that grew the AML Program and Department from 3 people to 11 in 2 years and obtained approval to implement a new transaction monitoring system• Attend conferences and webinars to ensure I am up-to-date on the most current trends and regulationsSeries 7, 66, & 24

Chicago, Illinois, Us

Continued my finance career as a teller and quickly moved to a Universal Banker position before attaining my goal of an AML position. Explored AML from the front line and second line defense positions. Promoted quickly to AML as a result of analytical thinking and initiative. Consistently attained daily, weekly, and monthly alert review goals. Additional duties included:• Review information escalated from lines of business or generated from internal AML management systems for: - Identification and reporting of suspicious transactions - Sanctions screening for electronic fund transactions - Review customer data against specified watch lists • Draft detailed and concise summaries of the reported activity and the reasoning behind the conclusion drawn• Consumer Lending Compliance