Bob Bobst

Experience

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  Meridian Bancorp, Inc.

  Jan 1989 - Jan 1996

  VP Internal Audit Group Manager

  A $15 billion regional commercial bank that operated in eastern Pennsylvania, Delaware and New Jersey.Managed a major segment of the Internal Audit function, including financial, retail, lending, trust and fraud audit, with assigned staff up to 20. Audit Committee Secretary of Meridian Bancorp and Delaware Trust Company bank.

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  PricewaterhouseCoopers

  Jan 1996 - Jan 1998

  Director of Internal Audit Services

  - Developed and directed PricewaterhouseCoopers’ (PWC) Internal Audit Services practice for Central PA. Services offered included internal audit outsourcing, co-sourcing and consulting.- Appointed to PWC’s Internal Audit Services (IAS) US project to develop and implement national IAS practice.- Developed and conducted marketing initiatives recognized by national practice.

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  Banco Santander / Sovereign Bank

  Jan 1998 - Jan 2013

  SVP/Director Positions: Internal Audit, Operational Risk Management, and Fraud Prevention

  Santander is a $1.3 trillion financial services institution operating in 40 countries worldwide. SVP Director of Fraud Prevention & Security - (04/12 - 01/13)- Reports to Santander/Sovereign’s Audit Committee and Operations Management. Member of Sovereign/Santander’s SOX 404 Committee; Ethics Committee and New Products Committee. Appointed Bank's Security Officer.- Responsibilities include managing 60 Team Members and the following functions: Loss Prevention (Payments) Systems; Internal/External Investigations; Cyber Fraud; Loan Fraud; and Debit & Credit Card Fraud.SVP Director of Operational Risk Management – (01/09 - 04/12)- Reports to Santander/Sovereign’s Audit Committee; Board Enterprise Risk Committee; and Operational Risk Committee. Also, dual reporting to EVP of Santander’s Operations and IT (US); and Grupo Santander’s Global Corporate Director of Operational Risk (Madrid). Member of Sovereign’s SOX 404 Committee and New Products Committee.- Responsibilities include managing 79 Team Members and the following functions: Operational Risk Management - Bank & Treasury; Fraud Prevention; Corporate Privacy; and TB 82a Vendor Management.- Developed Santander/Sovereign’s Operational Risk Management function, implementing Banco Santander’s global risk management model and Basel II compliance rules, transitioning from the Standard Model to the Advanced Model.SVP Internal Audit Director – (01/07 - 01-09)- Responsibilities included: 404 Project Coordinator; Commercial Real Estate credit review; Santander/Sovereign OTS/FRB Response Steering Committee Support Team; development of NASBA certified IA internal training programs; recruiting and internship program responsibilities; and project management risk/control initiatives.VP Enterprise Risk Manager – (09/05 -12/06)- Responsibilities included ERM program development with Operational Risk focus.VP Risk Manager - Loss Prevention & Security (11/98 - 09/05) Show less

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  Fulton Financial Corporation

  Jan 2013 - Jan 2015

  SVP/Risk Management Director - Fraud Risk Management and Vendor Risk Management

  Fulton Financial Corp (FFC) is a $17 billion regional financial services company.SVP/Risk Management (dual) Director of Vendor Risk Management & Fraud Risk Management- Reports directly to the Chief Risk Officer and various Management and Board Committees. Member of Enterprise Risk Management Committee.- Responsibilities include managing an 11 person staff to develop FFC's Vendor Risk and Fraud Risk Management functions.  - Built Vendor Risk Management function in 2014 to comply with OCC Bulletin 2013-29.- Enhanced fraud prevention methodology in 2014 by building a “Single-Point-of-Contact” Fraud Risk Management function. YOY 2014/2013 results reflected significant increase in fraud cases identified and fraud loss avoidance. Show less

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  PHEAA (Pennsylvania Higher Education Assistance Agency)

  Jan 2015 - Jan 2017

  VP Enterprise Compliance - Testing and Program Review

  PHEAA services student loans nationally under the entities American Education Services (AES) and FedLoan Servicing, PHEAA manages $370 billion in assets on servicing systems.Primarily responsible for developing and directing a compliance staff of 50+ professionals to fully integrate PHEAA’s Compliance Management System (CMS). Reported directly to Chief Counsel/Chief Compliance Officer and various committees.• Directed development of new Enterprise Compliance function to address Federal regulatory compliance issues. • Developed testing staff of 21 to perform transactional and control compliance testing. Created and implemented a compliance testing methodology modeled after internal audit best practices, extensive training and intense mentoring of staff.• Developed and implemented a Risk Control Self Assessment (RCSA) methodology to risk rate and identify controls for hundreds of regulatory compliance related risks and controls. Results were used to develop a 24,000 hour compliance testing plan FY 2016/2017.• Scope of primary CMS responsibilities included: compliance testing, technical compliance support for evolving laws, regulations and servicing issues, program reviews for participating colleges and universities, and support of private lenders that retain PHEAA as a third party solution to service their Student Loan portfolio. Show less

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  CE-SOLUTIONS

  Jan 2017 - Jan 2019

  Director Governance Risk and Compliance

  CE-Solutions is a service provider for businesses looking to build or enhance their GRC functions and/or staffing needs. CES employs approximately 200 professionals serving numerous clients in the Delaware Valley tri-state area.Practice lead responsible for directing CE Solution's GRC consulting practice.

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  Utilities Employees Credit Union

  Jan 2019 - Jan 2025

  Manager Risk Management

  Developed, implemented and managed UECU's Enterprise Risk Management and Vendor Risk Management Programs.