David Peterson serves as the Director of Global Compliance at Promontory, a Business Unit of IBM Consulting, where he leverages his extensive expertise in risk management and regulatory compliance to oversee a global team dedicated to ensuring adherence to the Bank Secrecy Act (BSA) for...
David Peterson serves as the Director of Global Compliance at Promontory, a Business Unit of IBM Consulting, where he leverages his extensive expertise in risk management and regulatory compliance to oversee a global team dedicated to ensuring adherence to the Bank Secrecy Act (BSA) for financial institutions. With a keen focus on continuous compliance testing, David supervises a diverse team of compliance testers across four global delivery centers, ensuring that the business control framework is rigorously assessed and maintained for 10-15 global accounts. His role involves not only the management of compliance operations but also the development of key metrics that drive performance and accountability within the organization.
David’s passion for compliance is evident in his meticulous approach to guidance clarification with financial regulators and his commitment to closing remediation efforts with internal auditors. His ability to draft comprehensive enterprise policies and procedures, along with training materials, positions him as a vital resource for C-Suite executives who value robust risk assessments and proactive compliance strategies. As he prepares to sit for the CRCM exam in October 2024, David continues to enhance his knowledge and skills in federal and state regulations, project management, and government relations. His expertise in report writing and public speaking further enables him to effectively communicate complex compliance issues to stakeholders, fostering a culture of transparency and accountability within the organization. Through his leadership, David is not only shaping the compliance landscape at Promontory but also contributing to the broader financial services industry by championing best practices in risk management and regulatory adherence.
