DAVID GRODSKY

COMPLIANCE MANAGER
Areas of Expertise:
Regulations B, E, P, Z, AA, and DD among others
MasterCard & Visa Regulations
Operational Efficiency and Management
Auditing and Training
"David continues to prove year over year why he is an asset He impresses me with
his thirst to learn, create, and develop while maintaining focus on the overall
satisfaction of the organization."
Dory Holton, Director, Certegy Card Services
CAREER HIGHLIGHTS
**Successfully facilitated integration of compliance issues between Washington M
utual Retail Bank and the newly acquired $14 billion Washington Mutual Card Serv
ices division.
**Played key role leveraging company's market position though the implementation
of a document imaging solution serving 6000 credit unions and banking instituti
ons.
**Mitigated risk by establishing a Bank Secrecy Act and Anti-Money Laundering Po
licy and Program.
PROFESSIONAL EXPERIENCE
SALLIE MAE BANK, MURRAY, UT 2008 - 2010
Compliance Monitoring Manager
Conduct annual compliance monitoring reviews that cover more than 20 regulati
ons for all operational areas and third-party vendors for student loans, debit c
ards, savings accounts, and CDs
Identify actual and potential regulatory violations in operations, procedures
and policies that pose compliance risk to the bank with 100% resolution rate in
2008 and 2009
Partner with business unit leaders to produce remediations that alleviate ris
k that result from any regulatory findings including performing any necessary fo
llow-up
Create reports evidencing each review that are presented to the Bank's Board
of Directors with a description of any findings and recommendations, risk rating
s, and action plans.
Serve as bank representative on a variety of projects including 2010 Regulati
on P and Z changes
PROPAY INC., OREM, UT 2006 - 2008
Compliance Officer II
Created and implemented a BSA/AML Policy and Program.
Appraised the soundness, adequacy, effectiveness and proper application of CI
P with enhanced due diligence, transaction velocity monitoring, and OFAC SDN lis
t screening.
Prepared reports and position memos detailing conclusions and providing recom
mendations on a wide variety of regulatory topics and issues including BSA/AML,
HIPPA, and Regulation E.
Assessed regulatory compliance impacts for international expansion (Canada, U
K, Australia)
Supervised operational requirements for completing annual PCI DSS certificati
on
Performed HIPAA assessment and audit.
WASHINGTON MUTUAL, SEATTLE, WA 2005 - 2006
Corporate Compliance Officer
Provided risk analysis including audit and control evaluation of Card Service
s operations.
Advised on potential impact of new or amended regulations to policies and pro
cedures.
Signed-off on credit card policies, programs, or changes with compliance impa
ct, including phone scripts, letters, marketing materials, procedures, and train
ing documents.
Reviewed compliance policies with Card Services staff to ensure a clear under
standing.
Provided input to develop operational tools and aids to help avoid compliance
errors.
CERTEGY CARD SERVICES, ST. PETERSBURG, FL 1999 - 2005
Compliance Manager, 2002 - 2005
Ensured customer service operations met regulatory requirements and provided
strategic insight to support Customer and Client Services, Risk, and Strategic S
upport areas.
Communicated major regulatory updates for department of 500 employees, provid
ing impact analysis and proposing solutions.
Updated procedures and documentation and ensured quality audits reflected reg
ulation changes.
Responsible for department Intranet website communicating updates and changes
.
Migrated United Kingdom card services operations to St. Petersburg location
Confirmed and audited annually-revised Continuity of Business plan.
Supervisor III, 1999 - 2002
Supervised and directed back-office Chargeback resolution 12-member team keep
ing above industry standards for Arbitration and Compliance win rate.
Assisted with implementation conversion strategy for proprietary imagining sy
stem, core process revisions and placement of technology requirements.
Trained personnel on department systems and identified key improvements for e
nd-user layouts, regulatory requirements, and defect management.
AT&T UNIVERSAL CARD SERVICES, JACKSONVILLE, FL 1995 - 1999
Compliance Analyst
Determined and implemented negotiation strategies to reduce financial loss to
company and cardholders caused by merchant violations of credit card rules and
federal regulations.
Filed compliance violations with Visa and MasterCard Association regulations
and analyzed cardholder documentation for use in the Chargeback system.
Created and distributed quarterly notifications to 200 associates and manager
s on changes to business operations due to Visa and MasterCard Operating Rule re
visions.
Created training manual for department use and implemented it through company
Intranet.
Facilitated two 8-week training classes for 16 new associates hired into the
department.
EDUCATION
University of North Florida, Jacksonville, FL 1998
BA â Public Relations/Economics
Florida Community College at Jacksonville, Jacksonville, FL 1994
AA Honors - Communications