Michelle Craft Michelle Craft Senior Consultant 804.588-5081 vCard

Michelle is a seasoned Compliance professional with over 19 years of compliance experience at both regional and national broker-dealers and Registered Investment Advisors. Michelle’s experience as an Assistant Chief Compliance Officer, retail surveillance and compliance examiner, Financial Advisor and Branch Manager trainer and policy writer provided her with exceptional insight to securities compliance, operations, FINRA rules, policies and suitability standards. Her skills and knowledge cover a variety of areas including anti-money laundering, supervisory controls, compliance systems and technology, marketing and advertising, continuing education and regulatory reporting.

Expertise

  • Conducts independent testing of AML programs to ensure overall effectiveness of policies and procedures which were designed to comply with Bank Secrecy Act and USA Patriot Act obligations;
  • Implementation, enforcement and maintenance of compliance programs for both broker-dealer and registered investment advisors (both regional and national firms);
  • Conducts AML surveillance;
  • Outsourcing of AML Officer providing implementation, enforcement and maintenance of the Anti-Money Laundering Program for broker-dealers;
  • Provides CCO support in the establishment, implementation and ongoing maintenance of compliance programs  for broker dealers and registered investment advisors (both regional and national firms);
  • Conducts advertising and other communications with the public reviews ensuring compliance with SEC and FINRA rules;
  • Monitors and conducts impact analysis of regulatory updates;
  • Develops and maintains firms’ Written Supervisory Procedures;
  • Conducts supervisory controls testing under FINRA Rule 3120;
  • Provides support for regulatory inquiries and examinations;
  • Conducts gap analysis of policies and procedures to identify and implement required operational changes, systems changes, and policy manual updates;
  • Strategy, design and execution of blended learning programs including Branch Manager Compliance
  • Training, Annual Compliance Meetings, Firm Element Courses, Home Office New Associate Compliance Orientation and Compliance Guidance Calls to support policy, product and systems knowledge;
  • Performs trade suitability reviews and electronic communications surveillance;
  • Conducts annual branch exams and surveillance;
  • Provides subject matter expertise to internal audit teams

Career Highlights

  • Vice President, Assistant Chief Compliance Officer, Anderson & Strudwick, Inc.
  • Vice President, AML Compliance Officer, Anderson & Strudwick, Inc.
  • AVP, Sr. Implementation Consultant, Wachovia Securities
  • AVP, Compliance Officer, Wachovia Securities

Education, Accolades and Industry Commitments

  • FINRA Series 7, 9, 10, 24, 63, 79 and 99 (Registrations are typically inactive, but may be used when appropriate to perform interim functions for our clients)
  • Professional Development & Training in Presentation Skills, Leading Effective Business Meetings, Privacy, Ethics, General Compliance and AML

Articles, Blogs and Presentations

Proposed New AML Regulations for Investment Advisors – Blog Post, August 28, 2015