Nicholas Velez Email & Phone Number

Phoenix, Az, Us

Phoenix, Arizona, United States

Phoenix, Arizona, United States

Phoenix, Arizona Area

Drove the Implementation and Governance of the Operational Risk Framework  Implemented the company's operational risk framework, while ensuring compliance with the requirements of the operational risk policy and related guidance o Maintained appropriate governance activities including business unit level oversight committee and operational risk profile and reporting o Created and maintained business level procedural documents to support the implementation of the operational risk framework o Planned and conducted process and enterprise risk self assessments (PRSAs & ERSAs) using the company's standard methodologies; mitigated identified control weaknesses o Captured and analyzed operational risk events; escalated events to business leaders and the company's operational risk management committee, as appropriate o Created and monitored appropriate key risk indicators to proactively identify exposures or control weaknesses Ensured that decisions to implement or launch new business practices, products or services were considered carefully, in light of the risks associated and in accordance with the company's new product approval policy and related guidance Supported the effectiveness of business area risk management programs by ensuring the adequacy of resources, robustness of processes and controls, and appointment of appropriately skilled resources to execute sound risk management programs Coordinated the Unfair, Deceptive or Abusive Acts and Practices (UDAAP) program deployment initiative with business champions and compliance Partnered with subject matter experts (general counsel, compliance, privacy office, computer information security office, etc.) on initiatives to ensure standards/deliverables are achieved

Greater Salt Lake City Area

Assessed and Improved overall Control Environment Managed direct reports responsible for Sarbanes-Oxley (SOX) 404 testing, accounting write-offs and abandoned property & escheatment Developed, refreshed, conducted and coordinated SOX, compliance & operational risk testing and quarterly certification Proactively performed process & control reviews to identify & remediate control gaps & breakdowns Analyzed known control gaps and developed & implemented mitigation plans Coordinated/streamlined internal & external audits/exams to minimize overall impact on business operations - partnered with business to ensure timely closure of audit/exam remediation plans Mentored/developed colleagues and subordinates to improve overall understanding of control environments Rewarded for significant control improvement contributions in key areas of the Global Prepaid division

Phoenix, Arizona Area

Performed all phases of Auditing (Plan/Perform/Report/Wrap-Up) Contributed as a key member in 27 financial, compliance and operational audits Established audit scopes, developed process flow charts, identified key controls, performed control assessments and developed & conducted testing Evaluated Sarbanes-Oxley (SOX) 404 testing for appropriateness and adequacy  Facilitated meetings to communicate audit findings, opportunities and recommendations for improvement to management Contributed to the drafting of audit reports and comments Partnered with management to close audit remediation plans to remediate control gaps and audit findings

Phoenix, Arizona Area

Performed all phases of Accounting (Recording/Classifying/Summarizing/Interpreting)  Implemented and executed Generally Accepted Accounting Principles (GAAP) practices and procedures  Prepared and analyzed monthly financial statements & reports (Balance Sheet, Income Statement, Cash Flow, etc.) and presented findings to senior management  Performed month & year-end reconciliations and closing duties  Proactively managed the aging of accounts receivable through coordination with other departments to reduce overall write offs  Performed cash flow analysis and reconciled inter-company accounts  Coordinated relationships with other affiliate finance departments, which led to the development and implementation of standardized procedures  Responsible for cash receipts (in excess of 30m USD per year)  Trained and assisted less tenured accounting staff

Phoenix, Arizona Area

Performed all phases of Accounting (Recording/Classifying/Summarizing/Interpreting) Implemented and executed Generally Accepted Accounting Principles (GAAP) practices and procedures Proactively managed the aging of accounts receivable through coordination with other departments to reduce overall write offs Performed cash flow analysis and reconciled inter-company accounts Coordinated relationships with other affiliate finance departments, which led to the development and implementation of standardized procedures Responsible for cash receipts (in excess of 30m USD per year) Trained and assisted less tenured accounting staff

Master Of Business Administration (M.B.A.), Business Administration And Management, General

Bachelor Of Science, Accounting

Associate'S Degree, Business Administration And Management, General

Education record