Michael G. Hanson
Head of Compliance - North America @DLL
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WORK HISTORY
Head of Compliance - North America @DLL
Wayne, PA, US
DLL, a wholly owned subsidiary of Rabobank Group, is headquartered in the Netherlands and is a credit institution providing asset-based financial solutions to the agriculture, food, healthcare, clean technology, construction, transportation, industrial equipment, office equipment, and technology industries.As the chief compliance officer for DLL North America, I am committed to fostering a culture of accountability and ethical conduct across our organization. Reporting directly to the global group chief compliance officer and the president of DLL US, I am responsible for building out a comprehensive compliance function, including designing and managing the annual compliance plan. This includes risk assessments; maintaining an inventory of laws, rules, and regulations; and providing day-to-day advice on compliance and ethics matters. My key responsibilities involve collaborating with regional and global compliance officers to update policies and procedures, monitoring new laws and changes to existing legislation, and conducting periodic risk assessments to identify areas of potential vulnerability within our operations. I ensure that our compliance program is effectively communicated and integrated across all levels of the organization, working closely with HR to manage ongoing compliance training and communications programs. Additionally, I act as an advocate, championing the compliance and ethics program amongst senior management. I provide regular reports and analyses to various stakeholders, including the board of directors and regulatory authorities. My goal is to continually evaluate and improve the effectiveness of our compliance program to make certain that we meet or exceed the highest standards of compliance and ethical conduct.
EDUCATION
Seton Hall University
Bachelor of Arts - BA, Psychology
Widener University Schools of Law
Doctor of Law - JD
ABOUT MICHAEL G. HANSON
I am a global risk management and compliance executive empowering business success and growth through an expansive knowledge of state, federal, and international regulatory requirements within highly regulated industries. As a licensed attorney, I also have an audit background and broad cross-functional legal proficiency. AREAS OF EXPERTISE: Regulatory Compliance | Ethics Risk Management Risk Control Framework Regulatory Relations Corporate Governance International Compliance Technology & Cyber Compliance Mergers & Acquisitions (M&A) Cross-Functional Alignment With 17 years of experience serving as a trusted advisor to boards, I am known for streamlining efficiencies and preventing and/or mitigating fines or losses by bringing valuable perspectives gleaned from a background spanning compliance, safety and soundness, credit risk, fraud risk, and other risk and governance areas. NOTABLE ACHIEVEMENTS: Evolved board and risk governance at SLM (Sallie Mae) by educating board members on compliance metrics, findings, and regulatory requirements; streamlining reporting; and presenting recommendations. Built compliance function at USAA and SLM. Grew the compliance team at SLM from 2 to 50. Developed a stable, high-performing team of 50 at USAA. Led compliance and risk due diligence for M&A transactions at SLM and DLL. Conducted due diligence on ~20 buyer-side transactions. Mitigated regulatory issues and consent orders, resulting in increased accuracy of payments, decreased delinquency, and significant reduction of customer confusion and complaints. Empowered innovation and digital transformation by enabling customer-directed payment allocations to address a consent order requirement to demonstrate a transparent, customer-friendly process. Created a fully automated, comprehensive process at SLM to identify and enroll service members eligible for Servicemember Civil Relief Act (SCRA) benefits. Boosted Community Reinvestment Act (CRA) ratings at USAA and SLM. At SLM, led development of four CRA strategic plans, collaborating with regulators and board. COMPETENCIES: Compliance Management Systems • Bank Secrecy Act, AML, OFAC • International Sanctions & CFT • OCC, FDIC, CFPB, Federal Reserve • Data & Privacy • Contracts • Industrial Loan Companies / ILC Bank • Regulatory Reporting • Regulatory Affairs • Strategic Planning • Cross-Functional Teams • Coaching & Mentoring BAR ADMISSIONS: New Jersey & Pennsylvania
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