Tim has spent 10 years in the financial services industry, with a focus on cybersecurity, data analysis, and compliance. Tim’s experience includes conducting cybersecurity assessments, branch reviews, GDPR assessments, insurance licensing and insurance carrier appointments, and providing compliance support to broker-dealers and investment advisors. He has worked with firms of varying size, from small RIAs to one of the top clearing firms in the United States. Tim also has assisted in regulatory remediation projects related to 12b-1 Mutual Fund fees, Large Option Position Reporting and NAV fee waivers.  Prior to joining Oyster, Tim was an intern for a strategic global asset management firm.

Expertise

  • Performed cybersecurity assessments to test the policies, procedures and systems used by firms using a NIST framework
  • GDPR data assessments, gap analysis, and vulnerability remediation
  • Performed branch exams, confirming compliance with policies, procedures, and regulations
  • 12b-1 Mutual Fund fee assessment and remediation
  • 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 pre-approvals, 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

Career Highlights

  • Compliance Analyst, First Clearing Corp. sub-firm, a dually-registered broker-dealer/investment advisor
  • Intern, Riverfront Investment Group
  • Intern, Federal Reserve Bank of Richmond, VA
  • Intern, Wachovia Securities (now Wells Fargo Advisors)

Education, Accolades and Industry Commitments

  • Bachelor of Science degree in Economics, Minor in Mathematics from Longwood University
  • Skill with Microsoft Excel, Access, HTML, CSS, and SMARSH

Articles, Blogs and Presentations

GDPR:  Are You Protecting Your Clients’ Data? – Webinar, Oyster Consulting, April 10, 2018

GDPR: Impacts on American Firms without EU Clients – Blog Post, March 15, 2018

GDPR – Do You Know Your EU Clients and Are You Ready to Protect Their Data? – Blog Post, February 27, 2018

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