Andrea Wasson, CRCM, CAMS

Experience

• 

  Drummond Community Bank

  Apr 2000 - Sept 2022

  DUTIESDirectly report to the Board and Committee. Administratively report to the President and CEO. Oversee and manage bank-wide compliance and BSA/AML program with team of 7 direct reports.Serve as examiner coordinator/liaison during all bank examinations, overseeing pre-exam request process, serving as first and primary POC before, during and after exams.Serve as Internal Auditor, scheduling and coordinating 3rd party audits, managing pre-audit document requests, facilitating exit meetings, tracking findings and following up on resolutions.Serve as Audit Coordinator, facilitating Audit Committee meetings, including preparing agenda, minutes and audit finding tracking reports for presentationServe as CRA Officer and OFAC Officer ACHIEVEMENTS• Implemented Virtual Asset Service Provider (VASP) monitoring program that allowed the bank to provide account services to Cryptocurrency kiosk operators.• Effectively maintained favorable audit and exam ratings without increasing compliance staff, through rapid growth of bank assets; achieved by improving and innovating existing processes. Show less DUTIESDirectly reported to the Board. Administratively reported to the Senior Lending Officer. Responsible for the oversight of all core loan operation personnel and functions including loan documentation preparation, payment activities, loan payoff and reconveyance, escrow and tax process, UCC activities, boarding & funding, and applicable invoice processing Ensured compliance with regulatory regulations, including TILA, ECOA, RESPA, Flood Insurance, HMDA, FDCPA, FCRA, UDAAP, TISA, EFTA, EFAA, SCRA, MLA, Privacy, etc., throughout the application and loan process, along with denied loans.Updated Loan Interest Rates on LOS and Core system timely and accuratelyResponsible for monthly loan-related Board reports including New loans, Renewed Loans, Large Borrower Report, CRE, ALLL, Charge-Offs, ACHIEVEMENTS• Participated as a critical role in three successful bank acquisitions and system conversions• Developed rate sheet that considered various criteria to determine increases or decreases to loan rates. This was an effort to have more consistency in rates for compliance purposes.• Developed an Allowance for Loan Loss spreadsheet to measure the ALLL quantitatively and qualitatively• Developed several of the Board Reports that are still in use today Show less

  • SVP, Chief Compliance Officer

    Jan 2018 - Sept 2022

  • Loan Operations Manager/Compliance Officer

    Jan 2010 - Jan 2018

  • Loan Assistant

    Jan 2008 - Jan 2010

  • Loan Processor

    Jan 2001 - Jan 2008

  • Customer Service Representative

    Apr 2000 - Jan 2001
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  DLP Bank

  Sept 2022 - now

  SVP, BSA/ Compliance Officer