Steve Stromp

About Steve Stromp

Experienced in managing growth and change in Financial Services, digital assets, BaaS Partnerships and Fintech alignment across operations, Governance, Risk and Compliance (Regulatory and Financial Crime). • Knowledge of federal (FDIC and FINRA) and state legislation to apprise enterprise leaders and manage change. • Design and deliver fintech partnerships across compliance risk and strategic operations. • Identified process gaps, propose recommendations and streamline controls and governance reporting.• Distilled complex compliance programs across an enterprise. • Coached leaders over implementing a solid risk-based approach, Regulatory, Financial Crime and Fraud prevention pillars. o Design, monitor and test risk controls, Findings management and escalations steps. • Responsible for transaction monitoring tool (Verafin©, Lexis Nexis, RiskScout, Compliance Management Systems). • Designed a repository framework (governance library) for procedures, validate alignment to enterprise policies and regulatory requirements.o SME for CANSPAM, Mortgage, Reg B, Reg W, Reg E, ADA, BSA, Info Security, Patch Management. Regulations: GLBA, TCPA, UDAAP, FCRA, CRA, Complaints Management, and CCPA.• Managed third party vendor risk, compliance in contract management, leveraging the Venminder© tool.• BSA Officer, authored BSA / AML regulatory program procedure, implemented risk controls, testing and reporting as part of a Findings’ remediation. Implemented strategic initiatives. • Responsible for documentation governance, controls’ review, alignment, engaged process owners over 315 compliance and operational policies, standards and procedures in IT. The impact provided the business unit active and updated governance repository for internal and external stakeholders. • Experienced partner with remediating audits and examiner Findings. A life-long learner and promotes the same. Business acumen through cross functional roles in training, revenue generation, product support, compliance, risk and operations to generate more revenue and reduce expenses through improved processes. Industry experience includes: digital assets, financial services, banking, consulting, education, not for profits, payments, and IT. Opened / Stood up, expanded new market operations in three new cross-border markets, served as a leader of strategic partnership, on-site leadership to train future managers.

Experience

1. Chief Compliance Officer and Bsa Officer

   Battle Creek State Bank

   May 2024 — Present · Norfolk, NE, US

   Manage regulatory compliance, upgraded operations to successfully integrate a fintech partnership, transaction monitoring, reporting, and advance the BSA Program Office.

Education

• Alliance Manchester Business School

  Diploma, Financial Crime Completion

• WU (Vienna University of Economics and Business)

  Master's degree, International Business

• WU (Vienna University of Economics and Business)

  Executive MBA, International Marketing and Economics

• UMN Carlson School of Management

  Master of Business Administration - MBA, Business/Managerial Economics

• Credit Union Compliance Expert

  Compliance

• Credit Union Compliance Expert

  Professional Certificate, Compliance

• WU (Vienna University of Economics and Business)

  Master's degree, International Economics

• University of Nebraska at Kearney

  Bachelor of Science - BS, Political Science and Business Management

• Alliance Manchester Business School

  Diploma, Financial Crime Prevention

Skills

• Curriculum Design
• Process Improvement
• Executive Coaching
• Management
• Team Building
• Management Consulting
• Organizational Effectiveness
• Sales
• Organizational Development
• Talent Management
• Conflict Resolution
• Enterprise Software
• Sales Management
• Mergers & Acquisitions
• E-Learning
• Training
• New Business Development
• Training Delivery
• Customer Service
• Public Speaking
• Team Leadership
• Coaching
• Start-Ups
• Business Process
• Onboarding
• Leadership
• Change Management
• Employee Relations
• Strategic Planning
• Recruiting
• Business Strategy
• Personnel Management
• Outsourcing
• Interviews
• Leadership Development
• Career Development
• Human Resources
• Strategy
• Succession Planning
• Program Management