Tim has spent nearly 10 years in the financial services industry, with a focus on compliance, cybersecurity, and data analysis. In addition to his experience conducting cybersecurity assessments, branch reviews, insurance licensing and insurance carrier appointments, and providing compliance support to broker-dealers and investment advisors, Tim also has assisted in regulatory remediation projects related to Large Option Position Reporting and NAV fee waivers.  Tim has worked with firms of varying size, from small RIAs to one of the top clearing firms in the United States.  Prior to joining Oyster, Tim was an intern for a strategic global asset management firm and on three separate occasions while a student, interned for the Federal Reserve Bank of Richmond.

Expertise

  • Performed cybersecurity assessments to test the policies, procedures and systems used by firms using a NIST framework
  • Performed branch exams, confirming compliance with policies, procedures, and regulations
  • Managed documentation and processes for Customer Identity and AML programs including OFAC checks, negative news reviews, foreign transaction surveillance and 314(a) information sharing requests for retail and investment banking activity.
  • Facilitated and tracked insurance licensing and appointment applications for individual representatives
  • Maintained employee code of ethics monitoring of access persons’ accounts including submission of 407 letters, outside activities, trade preapprovals, and advertisement reviews
  • Oversaw reviews and responses to class action notices
  • Worked with a financial services firm in the data testing and modeling of their client retirement projection system
  • Validated performance reporting processes and calculations
  • Assisted in a large option reporting (LOPR) review and remediation at one of the top U.S. clearing firms
  • Worked with a strategic global asset manager to generate trading models based on market information, and used those models to create hypothetical performance and predictive models
  • Assisted Security Master Department of a major wirehouse in setting up and maintaining contracts
  • As a part of the Bank Supervision and Regulation Department of the Federal Reserve Bank of Richmond, cleaned and manipulated data sets using SAS (Statistical Analysis System) and analyzed Commercial Bank financial data on Commercial Real Estate Loans

Education, Accolades and Industry Commitments

  • Bachelor of Science degree in Economics, Minor in Mathematics from Longwood University- Class of 2009 (Cum Laude, 4.0 Major GPA)
  • Earned the Sharon Gingras Academic Excellence Award in Economics in the College of Business and Economics for 2009
  • Presented Senior Honors Research Project to Virginia Association of Economists Annual Meeting at Virginia Commonwealth University on March 13, 2009
  • Intermediate skill with Microsoft SharePoint, HTML, CSS, regression analysis program Stata, data manipulation and regression analysis program JMP
  • Basic skill with graphic manipulation and data manipulation

Articles, Blogs and Presentations

Cybersecurity Deadline Approaches – Preparing your firm for the first phase of New York’s ’ Cybersecurity Rule 23 NYCRR 500 – Blog Post, July 12, 2017