Patrick Burns Email & Phone Number

Melbourne, Victoria, Australia

Melbourne, Victoria, Australia

Managing large scale financial crime operations

Singapore

• Contribute to the evolving design of Group, Region, Country Financial Crime Compliance’s (FCC) operating model and ensure there is adequate support (people, process, tools, frameworks & systems) enabling an effective.
• Set and implement the vision, strategy, direction and leadership for the ASA Region to ensure the Regional Controls Team can implement processes, create best practices & drive consistency with the current vision and.
• Understand technical aspects of all relevant systems for CDD, Client Risk Assessments, Name and Transaction Screening, AML Monitoring and Case Management to facilitate smooth implementation and drive better application.
• Maintain management responsibilities for the Regional Integrated Intelligence & Investigations (i3) Team driving analytics for improved proactive and strategic risk mitigation.
• Analyse and interpret data to produce reports, effectively scan the horizon to help the bank identify and manage emerging areas of risk / vulnerability and thus drive remediation action within the FCC function.
• Assess risks arising from products / segments / geographies / customers / transactions specifically ensure detection scenarios deployed are fit-for-purpose, watchlists are working efficiently and that FCC policies and.

Singapore

• Built a new function for the ASA Region from ground up, hiring a team of six AML/CFT specialists, developed a clear strategy to drive proactive risk mitigation, and embed the function to align with SCB's global FCC.
• Manage a team of seasoned investigators who focused on proactive strategic risk mitigation, support group major cases, and address complex regional risks collaborating across FCC and business/segment to deliver.
• Develop best practices and influence strategic initiatives, like the Group Threat Assesment, working closely with key stakeholders, Accountable Executives and Business/Segment Heads to deliver projects that enhance.
• Advise the Regional FCC Head along with other global stakeholders (SG Private Banking Head, Global Head of Compliance and Country FCC Heads) to address complex transactional risk, counsel on regulatory developments.
• Proactively assess risks arising from new products, segments, geographies, clients and transactions and make recommendations regarding containing or mitigating identified risks.
• Support Countries in the ASA Region as the regional representative on the Country Financial Crime Risk Committee to ensure appropriate governance/control models are in place, advice on regulatory changes, and ensure.

Singapore

• Manage compliance operations for JPMorgan APAC region.
• Managed user acceptance testing and integration of Mantas/Actimize/eRCM a new alert generation and case management system while maintaining parallel alerting functions to test for efficacy and analyze efficiencies.
• Worked as integral part of special projects team to update and implement company-wide changes to compliance regulations to ensure compliance with OCC mandates and evolving regulations to create a risk-management mindset.
• Created and implemented department-wide, risk-based policy to capitalize on efficiencies while addressing risk in low SAR yielding AML alerting channels.
• Collaborated with subject matter experts across lines of business, departments, and functions to assess and update existing policies and procedures for the AML Alert Operations Team.

Jersey City, New Jersey

• Analyzed corporate AML policy to ensure compliance with applicable AML laws and regulations.
• Drafted company-wide AML training program to foster internal regulatory awareness and compliance with DTCC’s policies and best practices.
• Researched and disseminated information about state and federal legislative and regulatory requirements to ensure company-wide risk mitigation.
• Collaborated with subject matter specialists in other departments and functions to assess and update existing policies and procedures.
• Maintained regulatory awareness database used company-wide to ensure compliance with evolving regulations and to create a risk management mindset at DTCC.

Greater New York City Area

• Reviewed daily trade exception reports and trading activity to ensure compliance with appropriate rules, regulations, and company policies.
• Performed post-trade deductions, cancelations, and corrections to reconcile trade accounts and identify and escalate trading violations.
• Analyzed and designed surveillance reports and processes for various trading areas, including investigating TAR and TAME alerts to manage broker-dealer surveillance risk.
• Conducted oversight and monitoring of documented policies and procedures relating to Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act by performing test work, documenting results, and.
• Addressed inquiries from various business units throughout the company to assure compliance with applicable laws, regulations, and company policy and procedures.

• Conducted and managed due diligence contractual risk investigation into BBH’s investment management line of business to help identify and address future risk exposure for BBH’s business strategies.
• Evaluated potential risks and outlined plan to address specific issues for investment management clients, for issues such as outsourcing and acquisitions dealing directly with BBH’s Risk Management Group, Compliance.
• Independently created and organized a database to track investment management contracts to minimize contractual risk, identify client issues and maintain client relationships.
• Advised on potential service negotiations across operationas and technology contracts with licensors, service providers and consulting firms for the Office of the General Counsel.

United States

Legal consultant, regulatory compliance financial services

Juris Doctorate, Law

Mba, Finance/Accounting

• Attended #1 business school in Africa as ranked by the Financial Times business school rankings; program ranked 65 overall.

Business, Business, Management, Marketing, And Related Support Services

Activities and Societies: Theta Chi