Lynae Thomas, CPA (Inactive), CERP

Experience

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  UMB Financial Corporation

  Jan 1991 - Jan 2002

  Vice President Internal Audit

  • Lead six auditors in the performance of an annual audit plan, including financial, operational and compliance reviews of an $8.7 billion company. • Performed internal control and risk evaluations of company processes. • Analyzed financial statements and reviewed company accounting practices. • Prepared and presented audit reports summarizing areas for improvement. • Instrumental in establishing an internal control performance monitoring database company-wide, intended to provide management with a monitoring tool designed to reduce losses. • Reviewed all work prepared by staff auditors, recruited, facilitated goal setting, presented performance evaluations. Show less

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  Bank of Blue Valley

  Aug 2002 - Oct 2019

  First Vice President Internal Audit

  • Develop and execute in-house Internal Audit Department while also leading a team of six Compliance and Loan Review professionals for a $700 million company. • Create comprehensive risk-based internal audit program and plan to assess the effectiveness of internal controls and compliance with regulations, complete and update SOX 404/FDICIA documentation, prepare and present audit reports to senior management and Audit Committee. • Organize and facilitate Audit Committee meeting presentations. • Oversee management systems to monitor and control compliance risk. • Prepare Enterprise Risk Management assessment annually and present to Board. • Consult and audit bank’s start-up of a registered investment adviser firm (the only bank in Kansas which owned an RIA at that time) and passed the Series 65 exam. • Serve as regulatory and external audit liaison. Show less

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  HTLF

  Oct 2019 - now

  Business Risk Partner, Vice President

  • Assist in the foundational development and execution of ERM second line of defense programs to identify, assess, and manage the risks to HTLF’s strategies and practices.• Provide effective oversight of risks through objective risk identification and assessment, effective challenge, monitoring, and reporting of HTLF’s risk profile through cultivating strong working relationships with line of business leadership. • Develop and execute the completion of Risk and Control Self-Assessments (RCSA), New Business Activity Risk Assessments (NBARA), incentive compensation risk reviews, policy corporate governance reviews, and risk acceptances. • Identify control design gaps and report findings to senior management, business, and risk partners to drive mediation efforts and consult on corrective actions. • Assist in development of company segmentation risk assessment methodology and plan, templates, risk and control inventories, reports, and review of ERM peer best practices for a $20 billion company. • Implement and execute regulatory exam liaison best practices to manage the regulatory request and submission process, engage with business lines to monitor open regulatory issue and remediation activities, and provide control design review and effective challenge in requests to close outstanding regulatory issues with multiple state and federal regulatory banking agencies. Show less