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Chief Compliance Officer in San Francisco Bay CA Resume Steven Aaron

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Chief Compliance Officer in San Francisco Bay CA Resume Steven Aaron Powered By Docstoc
					STEVEN R. AARON
Belvedere, CA 94920                                                           e-mail address: stevenraaron@yahoo.com
(H) (415) 889-5112                                                            website: www.linkedin.com/in/stevenraaron
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                                               SENIOR COMPLIANCE POSITION

Senior Compliance Officer with a deep and rich understanding of complex compliance issues and their need to be
addressed in a thoughtful manner in order to avoid negative regulatory repercussions that could impact a
company’s reputation and bottom-line financial results.

Handling Inside Information                      Capital Markets                                             Regulatory Inquiries
AML Program/KYC                                  Rule 3012 Testing                                           Private Client Issues
Surveillance                                     Operations                                                 Institutional Issues
Written Supervisory Procedures                   Business Continuity Planning                                Investment Advisory
____________________________________________________________________________________________________________________________________
PROFESSSIONAL EXPERIENCE:

Charles Schwab & Company                                                                                        San Francisco, CA
Vice President, Compliance                                                                                           2009 to 2010

    Supervising the investigation of more complex regulatory inquiries and examinations, complaints received from
    regulators and employee investigations. Assess the relevant facts and recommending control and supervisory
    system changes to the firm’s operational, compliance and supervisory manuals.

Wells Fargo Securities, LLC                                                                                     San Francisco, CA
Managing Director, Chief Compliance Officer                                                                          2003 to 2008

    Provided exceptional compliance support to institutional business units including: investment banking,
    research, sales, market making, private placements, and operations located in eight locations to ensure
    compliance with corporate policies, FINRA, SEC, and state rules and regulations.

    Acted as compliance transition team leader responsible for integrating two broker/dealer mergers and set up
    and implemented a new compliance program which was providing advice for a new securities sales program
    involving the licensing of corporate bankers to sell securities products which were rolled out throughout the
    commercial bank. Drafted compliance manual and operational procedures to ensure compliance with bank
    policies, FINRA, SEC and state rules and regulations.

    Presented the firm’s diverse compliance activities Compliance Program to its Board of Directors. A member of
    the bank’s senior strategic committee responsible for implementing changes to the bank's wholesale compliance
    and risk management structure.

    Developed compliance procedures for the bank in order for it to offer its proprietary derivative products to a
    third party broker/dealer.

    Wrote, implemented and enforced the firm’s “Know Your Customer” rule along with all aspects of the Patriot Act
    which impacted the firm’s businesses. This included acting as the firm’s Anti-Money Laundering Compliance
    Officer.

J.P. Morgan Securities, Inc.                                                                                    San Francisco, CA
Managing Director, Compliance                                                                                        2001 to 2003
   Hambrecht & Quist merged with Chase who merged with J.P. Morgan

    Successfully acted in the role of the compliance department's managing director for the firm's west coast based
    businesses including investment banking, equity and debt capital markets, private client sales and investment
    advisory activities.
    Drafted and implement syndicate policies for the sale and settlement Equities Capital Markets Group after
    investigations by regulators into problematic sales practices activities.


Chase H&Q, a division of Chase Securities, Inc.                                                   San Francisco, CA
Managing Director, Director of Compliance                                                              2000 to 2001

    Worked closely with the senior bank members to ensure its newly acquired investment bank's compliance
    program was in-line with the bank and included its business focused on investment banking, capital markets,
    research, institutional sales, private client sales, and investment advisory businesses located in six US offices
    and four foreign affiliates including England, Canada, Japan and France.

    Managed compliance professionals responsible for compliance of the control and surveillance room, NASDAQ
    and listed trading, option’s trading, institutional equity sales, private client sales, compliance examinations,
    surveillance programs, continuing education, and registration.

    Modified the firm’s NYSE and NASD formulated written supervisory procedures and compliance manual to also
    address relevant bank policies.

    Wrote, implemented and enforced the firm’s “Know Your Customer” along with all aspects of the Patriot Act
    which impacted the firm’s businesses. This included acting as the firm’s Anti-Money Laundering Compliance
    Officer.

Hambrecht & Quist, LLC                                                                            San Francisco, CA
Managing Director, Director of Compliance                                                              1993 to 2000

    Successfully managed the compliance program for a leading full service underwriter of emerging growth
    companies that became a public company in 1999.

    Lead professionals to cover businesses including: investment banking, capital markets, research, market
    making, institutional sales, private client sales, electronic brokerage, custody and clearing, and investment
    advisory activities for its US locations and newly established offices in London, Tokyo and Paris.

    Handled the compliance issues for the firm buying and selling business units including a small cap focused
    broker/dealer, a business focused on marketing to employee stock option exercise programs, and a full service
    European affiliate.

    Drafted supervisory and compliance procedures for all business units.          Acted as the firm’s Anti-Money
    Laundering Compliance Officer.

NASD, Inc.                                                                                        San Francisco, CA
Supervisor of Examiners                                                                                1987 to 1993

        Managed, hired, trained and evaluated examiners for the NASD District No. 1 Office. Coordinated and
        executed the regulatory examination program for over 220 NASD member firms.

EDUCATION:

1st Year, J.D. program, Concord Law School                                                          Los Angeles, CA
MBA, University of San Francisco                                                                  San Francisco, CA
B.S., Economics, University of Oregon                                                                  Eugene, OR

AFFILIATIONS:             Consultative Committee Member, NASD District No. 1, 2, and 3 - 2004 - 2005
                          Vice Chairman, NASD District No. 1 Business Conduct Committee - 2000, 2003
                          Nominating Committee Member, NASD District No. 1 - 2002

LICENSES:       Series 7, 10, 14, 24, and 55.

				
DOCUMENT INFO
Description: Steven Aaron is a Senior Compliance Officer with a deep and rich understanding of complex compliance issues and their need to be addressed in a thoughtful manner in order to avoid negative regulatory repercussions that could impact a company’s reputation and bottom-line financial results.