Linda Wolosz
Senior Compliance Advisor
Last Post: 25 Days Ago
Number of Posts: 10
Number of Comments: 1
Linda Wolosz is a Senior Compliance Advisor in the Financial Services practice at QUMAS with expertise in risk-based monitoring and compliance.
With over 30 years experience in the financial industry, specializing in internal audit within the commercial and investment banking arenas, Linda has knowledge of a broad spectrum of financial products and services and related risk-based control processes.
Prior to joining QUMAS, Linda developed and managed an AML compliance consulting practice at Prime Associates, a provider of AML software, where she worked with clients to develop policies, procedures, AML customer risk models and assisted with compliance related aspects of application implementations
From 1988 to 2005, Linda developed and managed internal audit departments in the international banking environment at Credit Agricole and WestLB. Prior to 1988, Linda worked at Bankers Trust splitting thirteen years between internal audit, trading floor support management, and foreign exchange trading system implementation.
Putting it all together in the form of management information and governance.
Posted: 225 days ago
Over the past few days we have reviewed some legislative history, revisited several industry disasters, introduced a GRC definition and discussed the introduction of a firm wide risk model along with a risk assessment methodology. In this final segment I will talk about putting it all together to capitalize…
Read MoreRisk Assessments the backbone of risk models
Posted: 232 days ago
This series began with a background view of events that have caused legislators to mandate by law actions that management should aspire to in the name of good business practice. Further I have provided one definition of GRC (Governance, Risk and Compliance) and linked this definition to a list…
Read MoreOne definition of GRC
Posted: 239 days ago
The introduction to this series reflected on some historical legislation requiring assurance that management mandated the installation of internal controls in their firms. It highlighted several dramatic industry events that have led to the recent requirements that industries have struggled to adopt. Today I will introduce a definition…
Read MoreGovernance Risk and Compliance (GRC), where do we go from here?
Posted: 246 days ago
There is hardly a day that goes by without a financial services industry focused magazine, journal or newspaper column recognizing a new or improved consulting service or software product to assist firms in conquering GRC. Popularity such as this is driven by both a market with a painful…
Read MoreRules, Policies and Procedures, a Bigger Challenge than Lions and Tigers and Bears? Oh My! Part 5, Ongoing Maintenance
Posted: 272 days ago
You are almost there. Your great feeling of accomplishment has been washed away by the realization that the efforts must never stop or you will be faced with replicating much of what has been accomplished during the discovery, rationalization and implementation phases. Ongoing maintenance is essential. The project has…
Read More