Rob Sykes

Compliance Executive Chief Compliance Officer - Ally Invest Head of Deposits Compliance @Ally

Charlotte, NC, US

Recruited to deliver strategic compliance risk solutions• Report to executive management on compliance risk program strategy, operational execution and potential impacts related to emerging risks, rules, and regulations• Effective change agent and collaborator, balancing combination of strategic thinking and tactical execution• Ability to analyze risk trends at a macro level, identifying signs of changing risk levels and/or symptoms of process control breakdowns• Provide holistic oversight and guidance on deposits-related business activity, including electronic funds transfer (Reg E), expedited funds availability (Reg CC) and truth-in-savings (Reg DD)• Oversee the review and strengthening of the end-to-end complaint lifecycle process, including more robust linked analysis identification• Collaborate across functions and provide regulatory and compliance considerations and recommendations on strategic initiatives and exploration of business expansion opportunities• Establish and enhance governance protocols, control environment and supervision• Foster positive and productive relationships with regulatory agencies and coordinate responses to regulatory exam requests and other inquiries• Research and recommend compliance risk mitigation strategies and activities through disciplined assessments measuring inherent risks and associated controls• Spearhead and direct the development, implementation, and monitoring of the on-boarding and regulatory filing processes, achieving 45% reduction in process time coupled with improved accuracy• Reduce regulatory risk exposure by providing compliance oversight and ongoing independent review, assessment and effective challenge of compliance risk identification and mitigation strategies• Design and operationalize enterprise insider trading compliance program and Reg O Compliance Program• Oversee the next generation Compliance talent program with current success rate of over 75%• FINRA Series 7, 4, 99 and 24 Licenses