Jay Baker

Background

About Jay Baker

Results - driven Compliance Professional with 20 years experience in anti-money laundering plan design and organizational implementation for broker-dealer, life insurance - company and banking industries. Prior banking Anti-Money Laundering Lead responsible for hiring, supervising and training a staff of 10 analysts. Broker-dealer Anti-Money Laundering Compliance Officer with FINRA Series 7, 24 and 63 security licenses (currently inactive as of 11/2016) and insurance company Anti-Money Laundering Compliance Manager. Experienced in Suspicious Activity Report (SAR) filings. Led integration of USA PATRIOT Act initiatives phased in post 9/11 for a broker-dealer and US based life insurance - company. Experience in drafting and implementing ant-money laundering policies & procedures into related organizational compliance processes specific to affected business units. Experience in life insurance compliance issues; STOLI, state mandated suitability requirements for annuity and life products, technology implementation; OFAC scanning, account monitoring, replacement activity exception report development. Project management experience in compliance technology evaluation, design and implementation. Experience in broker-dealer compliance issues; outside business activity risk evaluation, design and presentation of Annual Compliance meetings, complaint resolution, and other compliance related broker-dealer functions.