Richard Gibbons

Currently the lead SME on a Collateral Mgmt ("CM") initiative at a Tier-1 Hedge Fund in Westport CT; working w/ 2 Boston-based strategic/tactical consultancies.• Strong expertise in Collateral Management, front and back-office operations - all asset classes including cash - including, legal documentation management and control, trade management, collateral asset servicing, asset valuation and exposure management, reconciliation and dispute management, margin calls and substitution processes, rehypothecation

• Service-Line Leader for the Regulatory & Capital Mkts Ops & Tech Practice, covering:1) Data & Processes, 2) Risk Metrics, 3) Dashboarding /Reporting, 4) Change Mgmt. •Key member of D&T’s ICRM (“Integrated Compliance Risk Mgmt”) branding initiative. •Citigroup Acct Team-Member + Co-Lead on an ambitious yr-long IT-Enhancement Project. •Developed D&T’s Collateral-Mgmt service-offerings.

Independent consultant-practitioner, using a small experienced team. Practice was focused on strategic/tactical optimization of cross-enterprise GRC/controls-management at global multi-sector tiers-one/two financial institutions and IT-vendors. Clients included a Boston/Dublin-based technology-vendor, a full-service Texas-based financial institution carrying 25MM accounts, and several multi-national organizations with operations in the NY City metro-area.

Qumas is a provider of corporate governance software, emphasizing Sarbanes-Oxley compliance, Basel II Risk-Control Frameworks. Financial clients included Fidelity, Bank of America, and Goldman Sachs. Advised on the building of QUMAS’ highly-rated GRC-solution suite for the financial sector, covering: Combined Expertise & Product Approach; Sustainable GRC Framework; Streamlined Workflows and Audit-Trail; Compliance Platform; Role-Based Configurable Software Suite.

Broadened financial-sector demand for IBM’s AML/Anti-Fraud, Risk & Compliance IT-solution offerings.Trusted Advisor to central banks, regulatory bodies, and financial institutions. Engagement at First Data Corp/Western Union launched a $45MM project to refresh the entire IT infrastructure. Committed to multi-million dollar consulting-engagements in Latin America, Caribbean, Africa, and the Middle East, Egypt, and Pakistan (MEEP). Basel II project for Citizens Bank, subsidiary of the Royal Bank

I built the AML/Anti-Fraud logic/algorithms, and platform dimensions for Actimize’s AML-Anti-Fraud solution-set, including, detection, management, workflow, audit-trail, and reporting on investigation outcomes, consisting of: Client Profiling; Behavior Monitoring; Multi-Jurisdictional AML; Exception Generation + Audit-Trail;100+ Analytic Detection Scenarios; Exceptions Prioritization; and Electronic Filing

Practice was focused on opportunity identification, value-chain analysis, and, deliverables for financial services clients and on client /partnering roles (as interim CEO, COO, CFO) during growth-phase projects. Built offerings around my own intellectual property - Financial Services GENOME (TM/SM) – a UML-XML-based reference model and case-tool of “Best Practices” for financial institutions. KPMG’s Lead-SME on Merrill Lynch’s $11.5 million-funded AML/Patriot Act Project.

Regulatory Ombudsman to the LOBs, consisting of wealth management, corporate banking, pension/ERISA, and the asset-management divisions. Duties also included compliance oversight of commercial and retail Banking regulatory adherence.

Wrote and deployed the Global Compliance Manual. Managed market research for 40,000+ subscribers. Helped author Germany’s “2nd Financial Markets Enhancement Act”(1993), equiv. to US Market Reform Act ’86; Advised German Finance Ministry on creation of BAFIN, Germany’s S.E.C. ; DBAG's delegate to the EU Parliament; Participant in 4th attempt to launch EURO (1994; Launched 2000); Member of Deutsche Treuhand GmbH, evaluating E.German asset-transfers during Re-Unification.

One of the NYSE's 20 designated-regulators empowered to engage in broker-dealer and securities markets regulation, per Sect. 17 of the Securities & Exchange Acts of 1933 and 1934. Primary liaisons were Broker-Dealer executive committees and C-level management. Drafted amendments, interpretations, and rules, for NYSE Rule-Making. Regulated FCMs, under CFTC (Commodities Futures Trading Commission) oversight.

Pre-requisite Qualification for United States'S.E.C.’s delegation of regulatory responsibilities.