Wayne Sturges

Background

About Wayne Sturges

Extensive background in regulatory compliance combined with solid experience in identifying and implementing strategies to capture improvement opportunities within an organization. Exemplifies strong organizational and analytical skills by successfully applying on a consistent basis, compliance risk management principles. A solutions-focused bank Compliance Professional with over 20 years experience focusing on: • Ensuring that the company is compliant with all relevant external regulations and internal codes and policies by ensuring that there is an effective compliance program in place.• Staying abreast of changing laws and regulations that affect all company entities.• Interacting and cooperating with regulators as required.• Ensuring application of compliance and operational risk controls in accordance with regulatory standards and policies and optimizing relations with regulators by addressing any issues.• Ensuring internal control standards, including timely implementation of internal compliance controls.Implemented comprehensive Compliance programs having requisite experience in asset management, fiduciary, and private banking compliance. Expertise in evaluating and implementing a compliance control framework with respect to anti-money laundering (AML), OFAC sanctions, and counter-terrorist financing (CTF) regulations. Developed and performs an impact analysis against business activities to maintain consistency with regulatory mandates. The impact analysis process includes a measurement of the impact of the change on the bank's (business segment) to determine if action is needed and in order to prioritize action items and staff resources. This includes identifying related policies, controls, procedures, and compliance reporting methodology that need to be reviewed and potentially revised in the context of the regulatory requirement.