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Risk and Regulatory Compliance

 

In 2003, Network ESC introduced it's Risk and Regulatory Compliance Practice.  It has emerged as one of our flagship practices as our reputation in this area has gained notoriety on a national scale across industries, particularly in the banking and financial communities.   Network ESC has serviced clients throughout the US including New York, Boston, Syracuse, Nashville, Los Angeles, Dallas, Philadelphia, Miami, Pittsburgh and a host of other major cities.   Our reputation for managing complex compliance engagements ranging from major Know Your Customer lookback initiatives to Foreign Account Tax Compliance Act to Actimize technology platform implementations has grown among some of the world's most prestigious firms.  Our risk management consultants perform a top-down approach to assessing an organization. The areas that are specifically reviewed include Information Security, Business Continuity and Disaster Recovery, Application Life Cycles, Business Process and Procedures, and Personnel Management.  This holistic approach allows our Risk Management Consultants to provide strategic and tactical recommendations that will greatly reduce the Operational, Financial, or Reputation Impact from any unforeseen incidents. 

 

Our areas of expertise include:

 

•US Patriot Act

•AML, BSA, KYC, OFAC Subject Matter, Investigations, Look-back, and Program Management

•Investor Advisor Act of 1934 and 1940

•FATCA 

•Compliance and Financial Fraud Systems Technology

•Basal I, II, III

•Regulatory Financial Reporting

•Risk Methodology and Governance Standards

•Market and Capital Markets Trading Risk

•Technology Risk 

 

Engagement highlights include:

 

•Placement of Chief Compliance for a top international corporate and investment bank in NYC.

•Sourced and placed Compliance Monitoring, Testing and Surveillance Officers for top European Bank in NYC.

•Retained placement Chief Compliance Officer for a top Investment Management Firm in CT.

•Provided management consulting on Actimize technology systems including business analysts, data analysts and developers to address necessary changes to accommodate emerging FATCA legislation.

•Led Director of AML search for top 5 U.S. Broker Dealer in NYC

•Provided consulting team of 3 Market Risk Quantitative Analysts for Capital Markets trading desk at top firm.

•Led Transactional Risk Assessment Project for top community and retail bank.