Norma Sabo, J.D., Ll.M. Email & Phone Number

Florida, United States

Miami, Florida, Us

Boadilla Del Monte, Madrid, Es

Evaluated business opportunities, strategies, models, regulatory requirements and risks to provide comprehensive input during the decision-making cycle. • Catalyzed revenue growth by developing and implementing a networking arrangement promoting increased cooperation between international private bank and wealth management, affiliated broker-dealer, retail, and corporate investment banking business lines.• Architected a major prospective organizational restructuring initiative to enhance centralization and synergy of the business line, functional roles, and regulatory compliance.• Developed a prospective platform providing banking, custody and investment services for international private banking and wealth management clients advised by independent financial advisors, allowing for the capture of new business and retention of clients moving to competing third-party advisors and multi-family offices.

Boadilla Del Monte, Madrid, Es

Advisor to board of directors and senior management on regulatory compliance, risk management, business strategy, strategic planning, corporate governance, operations, new products and business activities, litigation and investigations. Member of executive level committees, including Chief Executive, Executive Risk, and Enterprise Risk Management. • Contribution to satisfactory results, and timely and complete response to corrective actions and remediation, in audit, compliance and regulatory reviews and examinations. • Strong aptitude for fostering working relationships with management, directors, and supervisory regulatory agencies to ensure ongoing compliance across all operations, transactions, products, and services. • Developed and implemented an alternative investment product platform, launching the first alternative investment program since the financial crisis, which expanded product offerings and increased assets under management. • Facilitated mergers and acquisitions of multinational banking and wealth management portfolios, including those with cross border and U.S. regulatory complexities, resulting in incremental growth or the divestiture of assets under management.• Provided strategic guidance and oversaw complex litigation, internal investigations, and multifaceted regulatory and law enforcement inquiries while mitigating risks, in conjunction with outside counsel.• Built, led and trained a team of six legal professionals to address the Bank's comprehensive operations and growing business initiatives. • Developed and administered a cost-effective budget and managed resources.

Boadilla Del Monte, Madrid, Es

Advisor to board of directors and senior management. Member of executive level committees, including Chief Executive, Executive Risk, and Enterprise Risk Management.Supervised the legal services provided by in-house attorneys and external counsel on diverse and wide range legal issues responsive to regulatory requirements, compliance, operations, risk management and business initiatives related to international private banking and wealth management. • Advised Finance, Treasury and Credit Risk on the application of the U.S. Basel III capital framework for regulatory capital and liquidity, including Market Risk Capital Rule and Collateral Haircut Approach methodology.• Advised, developed and implemented policies, procedures, guidelines and training for compliance with regulatory standards, enterprise risk management and corporate governance.

Boadilla Del Monte, Madrid, Es

Provided legal solutions and guidance in connection with fiduciary standards; capital markets; operations; cross-border transactions; audit reviews, regulatory examinations and inquiries; new products and business activities; finance; secured lending; employment; leases; and vendors. • Developed a deep understanding of tax/reporting requirements such as FATCA, 1042-S NRA Withholding and Reporting, and NRA U.S. Estate Taxation and established related processes to ensure a comprehensive regulatory tax compliance program.• Provided training on regulatory matters and best practices. • Mentored and supervised three attorney direct reports.

Boadilla Del Monte, Madrid, Es

Managed and advised on legal aspects of investment offerings of offshore and U.S. affiliate issued medium term note programs, structured notes, equities, and fiduciary deposits. Drafted and negotiated securities transactional agreements, prospectuses, investment subscriptions, complex disclosures and marketing materials, and client account and service agreements in connection with private placements, private equity, hedge funds, financial intermediary and distribution, and custody. Advised on regulatory requirements, legal risks, and recommended course of action on AML, OFAC, SAR filings, sales practices, customer complaints and HR matters.• Established SICAV sub-funds/collective investment funds, and related investment management and investment advisory documents for a wealth management client family group with $2B in assets.• Concurrent responsibility as Legal Counsel for broker-dealer subsidiary in acquisition regulatory approval process, audits, clearing arrangements, FINRA and SEC regulatory examinations and actions, compliance, asset and client transfers, product offerings, corporate governance, and FINRA withdrawal and dissolution.• Advised on permissibility under the Federal Reserve Act and Bank Holding Company Act of potential structures, and extensive due diligence, in connection with a significant proposed acquisition by a sovereign wealth fund.• Litigated class actions, claims, arbitration, and responded to/defended law enforcement/administrative/civil subpoenas/letters rogatory/other legal process while accomplishing favorable resolutions (including extensive Madoff related matters, and a DOJ Petition for Remission granting $2M blocked by OFAC) and settlement agreements.• Negotiated multimillion-dollar special term credit facilities and collateral pledges secured by securities exchanged for shares of Madoff related investments. • Successful workout and orderly liquidation of ADRs pledged for significant loans of a family owned conglomerate.

New York, Ny, Us

Represented firm in connection with disputes and regulatory inquiries related to securities law, sales practices and fraud. • Investigated and evaluated allegations; interfaced with regulators; advised on risk; prepared regulatory filings and responses; determined resolution strategy; negotiated settlements.

Master Of Laws - Ll.M., Taxation

Doctor Of Law - J.D.

Bachelor Of Arts - B.A., Politics And Public Affairs