Los Angeles, CA

Bob Flores holds over 25 years of experience in bank operations, Bank Secrecy Act/Anti Money Laundering regulations, and regulatory compliance in general.  He has in-depth understanding of Federal and Multi-State Banking Compliance Regulations, Regulatory expectations, risk monitoring and related training.  He holds specialized skills in internal controls, risk assessments, quality assurance programs, consumer protection regulations, suspicious activity monitoring, and compliance systems relating to the Bank Secrecy Act.  In this discipline he manages fraud investigations relating to CIP/KYC/EDD, OFAC, ACH, digital currencies, electronic payments and debit card fraud.

As commercial banks are faced with Memorandums of Understanding, Consent Orders, and Cease and Desist orders brought about by violations of the Bank Secrecy Act, Robert implements corrective programs and often acts as an intermediary in dealing with bank regulators including the FDIC, OCC, and the California Department of Business Oversight.  He has successfully managed and negotiated the lifting of adverse regulatory orders relating to bank operational weaknesses and BSA/AML violations

He has served as Chief Compliance Officer, BSA Officer, Board Member, and Corporate Secretary of a publicly traded financial institution.  He is fluent in Spanish and has significant experience in providing services to international banks.