Thomas Walter Email & Phone Number

Saint Cloud, Minnesota

Developed and coordinated holding company's program for compliance with Bank Secrecy and Anti-Money Laundering/Anti-Terrorist Financing laws for a national and state-chartered bank.Monitored and tested program controls for BSA and OFAC procedures.Served as member of the holding company Compliance Committee coordinating and implementing regulatory changes across the organization.Provided company-wide training for BSA, privacy and related compliance topics.Served as liaison to federal and state regulators. Provided transactional support for stored-value business unit, including contract drafting, review, negotiation, program policing and termination. Counseled bank unit charged with development and maintenance of merchant acquiring and automated clearinghouse (ACH) business.Counseled bank personnel through development of new web-based, deposit products platform. Reported program operation and institutional risk to the bank and holding company boards.

Coordinated, promoted and developed products and services designed to assist financial institutions comply with the requirements of the Bank Secrecy Act, and anti-money laundering, privacy and data security legislation.Member of cross-department team charged with development and maintenance of software products marketed to financial service industry. Served as liaison between department personnel and WKFS business units, including Sales, Marketing, IT and Project Management.

Led the development of the company's lending software application distributed to the retirement plan services industry. Monitored, interpreted and translated laws and regulations affecting retirement plan formation and administration. Developed internal corporate documentation and negotiated vendor and customer transactions.Advised principals about the various issues affecting a small business.Served as Secretary, Treasurer and member of the LLC Board of Governors.

Monitored and interpreted state and federal legislative and regulatory changes for the development and maintenance of lending products for consumer and commercial transactions.Developed and maintained direct and indirect consumer lending documentation in 51 jurisdictions for home equity and open-end credit transactions, as well as security agreements and motor vehicle and goods and services retail sales contracts.Assessed the effect on BSI product of changes to consumer protection laws and regulations. Developed and implemented required changes.Developed and maintained contacts with state and federal regulators, lenders and affiliated providers.Supervised and managed the work of compliance specialists and headed development teams.

Evaluated state member bank practices and procedures to determine compliance with federal consumer protection laws, and the regulations of the Federal Reserve System.

Represented clients in the general practice of law, including client interviews, legal research, advice and implementation of tactical approaches, negotiation with adverse counsel, motion appearances and preparation of documents.

Juris Doctor, Corporate And Commercial Law

Education record

Bachelor Of Arts, Economics; Accounting, German Literature

Economics