Jared Holmes, CAMS

Experience

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  Mortgage Contracting Services

  Feb 2007 - Dec 2010

  Team Leader - Vendor Management

  - Supervised a team of 4 Regional Managers to ensure that they were effectively managing their territories and vendors in order to meet the expectations of MCS and its clients. - Created and analyzed daily and weekly reports to be used by my Regional Vendor Managers and provided them with the tools they needed to manage their territories effectively.- Designed a scorecard system to measure the performance of my employees and quality control metrics.- Prospected and hired new contractors to add to the nationwide Vendor Network of over 450 contractors. - Trained new vendors on the 2010 HUD regulations so they could perform work to client specifications.- Reduced overall vendor error rates from 14.5% to 11% in one year by implementing a minimum compliance score for our network of contractors. - Organized a panel of 13 contractors to be used as consultants on various subjects which would ultimately be used to improve internal processes. - Resolved escalated issues from client teams and contractors regarding problematic properties that needed immediate attention. - Authored a 46 page RVM training manual to be used for new and current employee training within my department and prepared a 26-page Winterization training manual used in the field by our contractors. Show less

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  Citi

  Dec 2010 - Sept 2019

  -Served as the primary contact for the cross-border process and coordinated the effort between the Line of Business stakeholders and the Country Compliance Officers to make sure data clearance is approved. -Created and received Data Clearance for Google Cloud Data Storage project involving 91 overall countries. -Delivered status reports including Key Risk and Performance Indicators and risk analysis of ongoing and completed initiatives to stakeholders and senior level managers. -Managed numerous projects from the Markets and Securities line of business to ensure timely implementation of initiatives which needed cross border data clearance in order to be able to conduct quantitative analysis, market research and trades. -Developed strategies for holistic clearance for service lines which enable faster data. Show less - Experienced with Electronic Check Deposit, Global Remittance Systems, RDC, Wires and Cash products.- Monitored high-profile accounts for Ultra High Net Worth Citi Private Banking customers in order to limit the risk associated with Citibank.- Conducted enhanced due diligence investigations while complying with Citi global standard policies. - Prepared clear, well-written comprehensive reports and evaluated and filed suspicious activity reports (SAR’s).- Knowledgeable in BSA, OFAC, Patriot Act, and other AML programs and regulations.- Conducted initial case reviews for analysts, QA revisions, SAR reviews, and approved SAR filings once it was determined necessary.- Reviewed cases with activity of concern for the GWM department which was being escalated to the Financial Intelligence Unit (FIU) in order to ensure excellent quality and clarity of the investigation.- Worked with Managers, Team Leads, FIU, Compliance Officers, and the Legal Department on a consistent basis to accomplish tasks and high profile projects. - Contributed with the coordination and completion of a large consent order issued by the OCC for Citi on ECD product dating from 2006 to 2009 (including Quality Control). - Worked in Warsaw, Poland for 6 months while training a group of 50 analysts to assist with CPB casework.- Collaborated with Poland analysts who were assigned to assist with a Remediation project and provided productive feedback on ways to improve the quality and efficiency of their work. - Acted as a Mentor for a group of analysts who were new to AML and shared my knowledge of the product.- Contributed to the completion of various IMR projects, conducted to be in compliance with the OCC.- Applied changes obtained from the implication of any imposed laws, regulations, and sanctions.- Operated as a backup Team Lead during the absence of direct supervisor. Show less

  • Cross Border Business Coordinator

    Apr 2019 - Sept 2019

  • Senior AML Compliance Analyst

    Dec 2010 - Sept 2019
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  Franklin Templeton

  Sept 2019 - Aug 2022

  Senior Compliance Analyst

  -Designed a Company-Wide Policy for Prohibited Cannabis Securities, which includes the creation of a 27-page procedure document, a tracking log, and a quarterly screenings guide; conduct quarterly Cannabis screenings of all client holdings and filed SAR’s on any prohibited securities.-Operated as Project Manager for the onboarding of Lexis Nexis Threatmetrix (TMX), which is a third-party vendor application which FTCI purchased to assist with automating Fraud Detection.-Led weekly Meetings with the Heads of Operations, Technology, and Information Security departments in order to keep stakeholders informed of the progress of the TMX implementation.-Facilitated the creation of the Threatmetrix Policy, created a 45-page Procedure and Guidance Document, and trained the Compliance team on the new Threatmetrix Fraud Detection system.-Supported in the acquisition of Athena Capital Advisors and Penn Trust and worked to convert the newly acquired client data and over 10,000 securities to be compatible with FTCI’s systems.-Routinely Conduct OFAC and EU Sanctions Screenings for FTCI, Athena Capital, and Penn Trust clients and securities to confirm FTCI is in compliance with federal regulations.-Conducted annual New York State Part 504 Audit testing and presented the results to Senior Management which would then be presented to the Board of Directors.-Prepared Quarterly Transaction Monitoring and SAR Reports and presented the results to the Audit Committee.-Investigated Daily and Monthly Cases and conducted comprehensive SAR reviews for Money Laundering, Fraud, and Cannabis activity and filed these SAR reports directly with FINCEN. Show less

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  Citi

  Aug 2022 - now

  Compl AML Execution Sr Mgr VP