JAMES J. VERDERBER

Led the implementation, execution, and governance of the operational risk framework within the Business Chief Finance Group, Controllership, Investor Relations, Corporate Planning Analysis, and Corporate Development within the American Express Finance department.

• Led and developed a team of direct reports with consistent focus on diagnosing strengths and development opportunities.

• Increased the execution of the Operational Risk framework within Finance by 300%.

• Built relationships with senior business and finance associates to help identify and close control gaps.

• Partnered with Subject Matter Experts (SME) across various disciplines to conduct risk-based, value added control reviews of end-to-end processes.

• Oversaw the SOX and Process Risk Self Assessment Certification requirement.

• Knowledge of CCAR, BASEL, and Resolution Planning (a.k.a. Living Wills).

• Improved method of documenting risk events and supervise events from identification to closure.

• Managed the New Products Approval Risk Assessment process within Finance.

• Created and manage Key Risk Indicators to identify risks.

• Member of the Finance Operational Risk Committee.

Led the implementation of the Risk and Control function within Barclays Wealth Americas (BWA) Operations based on the Operational Risk framework and global core competencies to identify, assess, and mitigate risk.

• Recruited from a contractor position at BWA to a full time role to implement the Risk and Control framework.

• Managed the risk governance structure that addresses risk in both a formal and informal forum.

• Designed a process for quick response and documentation of risk events and incidents.

• Worked with the business heads to provide consistent and meaningful metrics to identify control gaps and capacity issues.

• Coordination of Audit and Compliance reviews effecting BWA Operations business lines.

• Integrated clear role and accountabilities between Risk and Control and the business lines to ensure assurance testing was performed for control assessments and process attestations.

Implemented Information Risk function within Barclays Wealth Americas (BWA).

• Implemented the Barclays Data Privacy and Records Management framework within BWA meeting both Federal, State, and International regulations.

• Chaired the BWA Data Privacy Steering Committee consisting of senior managers from selected areas within BWA.

• Managed the control assessment of 70 critical systems for identifying application risks.

• New Products review and sign-off representative.

Led the Risk Management work stream for the Wealth Management managed account products. Project manager for IT system improvements. Oversaw the daily trade violation review. Managed business continuity planning and testing.

• Developed an incident and issue tracking and reporting process.

• Created, implemented, and tested control plans for the managed account products.

• Responsible for implementing and testing trade surveillance for new products.

• Established the Risk Management process that closed 90 of 120 open risk issues within 12 months.

• Coordinated the Sarbanes-Oxley and operational risk certification process.

• Member of the Discretionary Managed Account product committee.

Global leader of the Awareness and Communication program. Regional lead for all application security

matters, user entitlement reviews and authorization workflows. Project manager for global initiatives involving

process improvements and controls.

• Managed the development of system specifications, testing, and implementation.

• Designed, implemented, and managed classroom and on-line user training.

• Global representative for the roll-out of new products.

• Project manager for application security reviews.

• Implemented a customer satisfaction feedback process.

• Founding member of US employee Disability Champions Network.

Department manager responsible for all aspects of the CIBC-WM US general ledger. Managed all system feeds interfacing with the general ledger. Data Integrity Officer overseeing the region's data management functions.

• Reengineered the general ledger control process from a monthly to a daily environment.

• Created an aging process for better reporting.

• Coordinated the year-end close for all system related issues.