Mike Rudolph

Experience

• 

  Primevest Financial Services (ING U.S.)

  Jan 2001 - Oct 2002

  Interface Trading Coordinator

  Responsible for the trading of precious metals as well as handled all buy-ins. Developed relationships will several financial institutions to deliver prompt trade settlements between our firms. Set up securities and ran fixed income trade tickets for both customers and firms.

• 

  American Express

  Oct 2002 - Nov 2004

  Trade Settlement Specialist

  Partnered with Merrill Lynch in Canada to settle foreign trades. Delivered and received government securities through Chase system. Coordinated with broker dealers to ensure timely delivery of securities settling between firms.

• 

  Ameriprise Financial Services, Inc.

  Nov 2004 - Sept 2015

  Through innovation and process engineering I developed ways to reduce expenses by $1 million annually as well as eliminate company debt by $3 million annually. Managed a team of 18 employees that were responsible for monitoring regulations on 3 million trades a month and 15,000 money movement requests. Administered collection of fee revenue on over 2 million brokerage accounts. Other responsibilities included analyzing risk to the company, working across companies lines and with outside banks, as well as managing high risks loans with over $170 million in collateral. Show less

  • Capital Markets Trading Operations & Regulatory Reporting Manager

    Nov 2013 - Sept 2015

  • Margin & Money Movement Team Leader

    Aug 2009 - Nov 2013

  • Margin Analyst

    Sept 2005 - Aug 2009

  • Margin Associate

    Nov 2004 - Sept 2005
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  U.S. Bancorp Investments, Inc.

  Oct 2015 - Sept 2017

  Settlements/Purchase & Sales Manager

  Manage a team responsible for trade settlement, trade reporting, and account reconciliation.. The team utilizes DTC, Euroclear, BNY, and Loanet to ensure transactions move accordingly with other broker dealers. The team is critical in ensuring underwritten institutional trades get settled timely. Working closely with the Funding and Lending/Borrow team to ensure the firm has enough capital on hand daily, is another critical day to day role. The area is responsible for regulatory reporting of trades as well as trade comparison. Show less

• 

  RBC Wealth Management

  Oct 2017 - now

  Lead a team that provides regulatory strategic and tactical direction to the US Wealth Management Operations leadership team. Provide guidance on regulatory mitigation strategies and risk management within a constantly changing regulatory framework. Interact directly with internal and external audit requests specific to US Welath Management Operations. Oversee and manage regulatory compliance issues within the Correspondent & Advisory Services (CAS) and Trading business lines at RBC Wealth Management. Deliver education, advice, and recommendations related to regulatory matters and responsibilities. Provide coverage for US Operations and Finance, including the development of controls reasonably designed to detect and mitigate compliance issues in the Operations or Finance functions. Liaise with regulators during regulatory examinations and inquiries related to Operations and Finance. Advise on regulatory matters as requested.

  • Operations Director – Regulatory Risk & Control

    Jan 2022 - now

  • Senior Compliance Manager - Head of Trading and CAS Compliance

    Feb 2020 - Jan 2022

  • Compliance Manager, Operations & Finance

    Oct 2017 - Feb 2020