JAY ROTHSTEIN

660 Union Road New Hempstead, NY 10977 Jrr770@gmail.com Tel: (845) 558-8780 Fax: (845) 406-3670
Regulatory Compliance Audit & Controls -- Strategic Sourcing Information Technology

Trusted advisor to business executives and technology leaders for compliance and audit. Use creative research and analysis to remediate client portfolios for Anti-Money Laundering (AML), Know Your Customer (KYC), and Bank Secrecy Act (BSA). Negotiate Statements of Work for compliance-related management consulting by the Big-4. As Certified Information Systems Auditor (CISA), conduct technology, financial, and operational audits for Global 2000/ Fortune 1000 clients. Solid record of achievement in leading cross-functional teams in compliance with regulations, improvement of process, mitigation of risks, negotiation of contracts, and delivery of savings in Financial Services, Manufacturing, and Telecommunications. Empower clients in achieving business technology goals through: Compliance Reviews Entity Analysis Ownership Analysis OnLine Research Multi-level Screening Consensus Building Financial Audits Technology Audits Operational Audits Risk Matrices Controls Design Fraud Detection Market Analysis Sourcing Strategies Team Leadership Demand Management. Financial Modeling Creative Deal-Making Governance Structure Contract Negotiations SOWs/ SLAs Performance Metrics Quality Escalations Project Management

H IGHLIGHTED C AREER A CHIEVEMENTS

For Big-4 compliance team at leading bank, identified potential AML and OFAC violations on complex deals in the Energy and Financial Sectors For Mitsubishi International Corp., launched a landmark toll-fraud lawsuit against AT&T resulting in significant cost savings and a redefinition of supplier liability For Verizon Communications, discovered long-term supplier fraud resulting in a new five-year contract with savings of $12.3M For Year 2000 compliance at Verizon Communications, led a team of thirty negotiators to remediate a late-starting $1B network-element portfolio with 1200 products and 150 companies; issued and awarded an RFP to remediate 37M lines of code in Verizons application software portfolio For Mitsubishi International, served as trusted advisor on technology and business to CIO in Tokyo headquarters, chairman in New York, executives at North American subsidiaries, US Lines of Business, and Information and Telecommunications Division

E MPLOYMENT S UMMARY
TechPar Group (HSBC, Barclays, Other) The Bank of New York Mellon (through TTI of New York) Fannie Mae and Others (through TechPar Group) Verizon Communications Mitsubishi International 2009 - Present 2006 2009 2003 2006 1996 2003 1985 1995

P ROFESSIONAL E XPERIENCE
TechPar Group (HSBC, Barclays, Other) 2009 - Present

Associate Advisor Developing new business in strategic sourcing, compliance/audit, and management consulting; servicing clients in infrastructure software and digital publishing As Strategic Sourcing Analyst for Professional Services at HSBC through Mitchell Martin Inc., negotiated deals and improved processes for compliance-related management consulting with the Big-4 on an estimated annual portfolio of $250M+. o Completed 26 compliance-related initiatives for Segregation of Duties, Foreign Account Tax Compliance Act (FATCA), US Business Transformation, Risk Strategy, State Amended Returns, Dodd Frank, and Compliance Detailed Self Assessment (CDSA), Change Delivery, Trust Tax Analysis, HR Cost Analysis, Compliance Obligation Risk Assessment, Consent Order Reporting, Reg W Target Operating Model, Comprehensive Capital Analysis and Review (CCAR) Assessment o For a $100M regulatory filing, discovered and addressed multiple discrepancies of several million dollars each o Completed RFP in less than one month for compliance strategy overhaul. On $850K, achieved cost savings of $200K through uncharged supplier time from Big-4 o In one week, created and negotiated Statement of Work and Master Service Agreement for South American compliance initiative for KYC, AML, and Financial Crime o Negotiated SoW with for Compliance Obligation Inventory and Risk Assessment to clearly define migration from interim solution to steady-state solution o Negotiated SoW with a Big-4 firm for AML Monitoring Assessment to leverage pilot for full rollout of complex system; processes include segmentation, consolidation, counterparty sampling, data quality, and scenario testing, all with performance guarantees Remediation Analyst on Big-4 team at HSBC meeting requirements for Know Your Customer, Anti-Money Laundering, and Bank Secrecy Act. Under Cease and Desist orders from the Fed, delivered remediated files aimed at forestalling $800M+ in regulatory fines o For Energy companies, took the initiative in identifying potential violations of sanctions not readily apparent to other players. Developed Compliance Referrals and Risk Assessments based on a careful and insightful re-evaluation of existing files and on original and creative research. Used World-Check, Lexis Nexis, OneSource, Bankers Almanac, and Bloomberg to screen entities, owners, and controllers As Sourcing Partner at Barclays Capital through Genesis 10, mastered intricate system of internal controls for Strategic Sourcing deals and supported peer group. Negotiated contracts with standards for Business Continuity Management, IT Security, Data Privacy, Logical Access Control, and Physical Access Control

The Bank of New York Mellon (through TTI of New York)

2006 2009

Technology Procurement Officer Leader of IT strategic sourcing initiatives in software, hardware, and services, as well as in Print Services and HR Services: Negotiated the outsourcing of 1099 Processing, achieving savings of $1.9M (23%) on $7.9M and enabling 15 business groups to automate and integrate operations for the tax year Delivered savings of $1.56M (66.8%) for the $3.2M printing of Pershing Account Kits with full SLAs; created revenue opportunity of $1.25M through service option to broker dealers Empowered HR executives to meet integration deadline for Health & Welfare Benefits through BPO contract negotiations, Statement of Work, Service Level Agreements, funding proposal Successfully negotiated deals with Bloomberg, Broadridge, EMC, HP, IBM, Infor, Thomson Reuters, and Verisign and other key suppliers (see Supplements)

Fannie Mae and Others (through TechPar Group)

2003 2006

Associate Meet client requirements for IT Audit and Controls; conduct new business development. At Fannie Mae with IBM, facilitated the restatement of financials for 2002 through 2004 to address accounting discrepancies of $11B and to meet Sarbanes-0xley requirements Designed and implemented controls for data warehouse for the Whole Loans and Securities Workstreams, $1.3T and $721B respectively Delivered use cases, procedures, calculations, reporting specs, and tests for reasonableness and allowable values

Verizon Communications

1996 2003

Sourcing Process Leader; Senior Consultant Procurement strategist at Corporate Sourcing supporting Internet systems and services and midrange hardware and maintenance; led teams for costing, configuration, and reporting of major UNIX infrastructure projects Successfully delivered Year 2000 compliance as sourcing program manager. Led a team of thirty negotiators to remediate a late-starting $1B network-element portfolio with 1200 products and 150 companies; issued and awarded an RFP at $37M to remediate 37M lines of code in Verizons application software portfolio; led a cross -functional team resolving complex issues Responding to massive technical failures on $11M in new servers for the rollout of a missioncritical Operational Support System, led quality escalation with Sun; moved Sun from no response to root-cause analysis to replacement of defective boards Discovered long-term supplier fraud on software for Storage Area Networks resulting in a new five-year contract with savings of $12.3M

Mitsubishi International

1985 1995

Consulting Manager Vendor Relations; Manager, Enterprise Business Systems Single point of contact for technology consulting and vendor relations, supporting the CIO at Tokyo headquarters, the Chairman in New York, executives at North American subsidiaries, US Lines of Business, and the Information & Telecommunications Division: Launched a landmark toll-fraud lawsuit against AT&T (Network World, October 19, 1992) resulting in an undisclosed negotiated settlement and supplier accountability Supported senior executives of North American subsidiaries in managing Big-4 systems engagements through various audits, proposal revision, and personal consultation on Investment Support Team, delivering technical strategies and cost reductions, including $500K on a single proposal o performed operational audits of an Arthur Andersen distribution accounting system for mobile phones and an MRP-II system for a $25M industrial graphics manufacturer o reviewed development costs for two projects spanning five years and valued at $350K$500K o performed a system acceptance test for a semiconductor inventory control system o Audited workgroups and re-engineered business process for payment systems, eliminating inconsistencies and implementing standards

Education
Harvard University, Columbia University, New York University

Industry Knowledge

Financial Services Manufacturing Distribution Telecommunications Healthcare Consulting Software Hardware

Audit Compliance Strategic Sourcing Technology Investment 1099 Processing Account Open Kits Health & Welfare Benefits HR Onboarding

Technical Skills
MS Word MS Excel MS PowerPoint MS Project Windows XP World Check Lexis Nexis One Source Bankers Almanac Bloomberg

Publications
Author of Managing IT Procurement Risks, EDP Audit, Control, and Security Newsletter, 36 (3-4), pp: 13-25 (2007), also featured at http://www.techpargroup.com/Thought_Leadership/Managing_IT.html, Protiviti KnowledgeLeader (January, 2008), Barclays Capital Intranet site (May, 2010); 10.1080/07366980701815421 Author of Global Database SourcingTM, Proceedings of the National On-Line Meeting 95 (New York, NY: Meckler Publishing), delivered at the meeting

Author of A SNOBOL Program to Solve Trigonometric Identities, presented to NASA, American Institute

Professional Affiliations
ISM Institute for Supply Management ISACA Information Systems Audit and Control Assoc. CISA, Certified Information Systems Auditor