Timothy Parks, Esq. Email & Phone Number

Provide consulting services to small to mid-size fintech institutions to offer project support and leadership for regulatory strategic development, compliance program development and management, training and education, reporting and documentation, financial crimes compliance, and regulatory examination preparedness.

Miami, Florida, US

• Oversaw all aspects of regulatory compliance for Bitstop.co, ensuring adherence to applicable laws, regulations, and industry standards. Developed and upheld policies, procedures, and controls aimed at mitigating.
• Created and executed an optimized protocol for addressing subpoenas to manage over 75 legal inquiries efficiently.
• Obtained over 40 DBAs and Foreign Qualifications for diverse entities within the corporate framework.
• Oversaw the onboarding of 100+ new clients through the OTC desk and decreased the scam percentage.
• Deployed an advanced Suspicious Activity Report (SAR) automation system in partnership with an external vendor
• Partnered with nationwide operators to attach ID stickers to more than 5,000 BTMs (Bitcoin Teller Machines).

La Jolla, CA, US

• Analyzed complex financial transactions and structures to identify potential money laundering, fraud, or other illicit activities. Prepared detailed reports and recommendations for senior management and regulatory.
• Effectively executed and managed multiple facets of the Bank Secrecy Act compliance program.
• Fulfilled specialized projects and assignments within the department.
• Demonstrated adept judgment and decision-making abilities in discerning and choosing intricate courses of action, especially when conventional practices were not applicable.

San Francisco, California, US

• Performed comprehensive investigations on high-risk customers and executed enhanced due diligence (EDD) protocols for partners. Prepared and presented reports and findings to senior management, highlighting areas for.
• Oversaw the onboarding process for 450+ partners to ensure strict adherence to compliance with procedures.
• Overhauled the client onboarding procedure to increase efficiency to increase the completion rate from 40% to 87%.
• Addressed challenges with more than 120 partners within a tight two-month period and instituted internal controls that expedited remediation processes and fortified future compliance endeavors.

Miami, Florida, US

• Provided strategic direction for international transactions. Conducted thorough compliance assessments to identify areas of non-compliance. Offered expert guidance and support to internal stakeholders on compliance.
• Engineered a tracking system for a fleet surpassing 250 aircraft and facilitated instantaneous compliance checks.
• Drafted 500+ ‘Know Your Customer’ memoranda, non-disclosure agreements, and due diligence questionnaires resulting in the onboarding of 400 new customers.
• Led the initiative to identify and escalate potential risk indicators, encompassing individuals and entities referenced on OFAC’s SDN (Specially Designated Nationals) List.
• Orchestrated the integration of more than 100 new clients and trained their counterparty compliance personnel.

London, GB

Analyzed customer profiles, transactional data, and other relevant information to identify suspicious activities or patterns indicative of money laundering or terrorist financing. Drafted and submitted Suspicious Activity Reports (SARs) to regulatory agencies promptly and precisely, while documenting discoveries and providing recommendations for subsequent.

Wilmington, DE, US

Performed comprehensive assessments of governing documents and Know Your Customer (KYC) forms to identify and deter potential money laundering activities, guaranteeing alignment with the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) regulations. Managed the client onboarding process and prepared correspondence to convey essential information to.

Boston, Massachusetts, US

Juris Doctor (J.D.), Law

Bachelor Of Arts (B.A.), Business, Management, Marketing, And Related Support Services

Education record

Education record