R
Richard Harvey

Executive Vice President, General Counsel and Director of Compliance Risk at Beneficial State Bank

How does this work?
About

Recipient of the ABA Distinguish Service Award and experienced executive level Compliance leader and noted expert in building, developing and implementing successful risk-based Compliance programs; Bank Secrecy Act and Anti-Money Laundering programs; and Fair Lending and Privacy programs for traditional and non-traditional (FinTech) financial institutions offering a variety of financial products and services. Also, expert in federal and state banking and Money Transmission Licensing regulations and regulatory examination management. Served as a member of the Consumer Financial Protection Bureau's Community Bank Advisory Council. Served as an instructor at the prestigious Stonier School of Banking. Former Board member and current instructor at the American Bankers Association Intermediate and Advanced Schools of Compliance Risk Management. Frequently sought after speaker for national and international conferences and seminars on the topics of Compliance Management, Bank Secrecy Act and Anti-Money Laundering, Risk Management, Privacy, Financial Literacy and Lending regulations. Specialties: Development, implementation and managing complex compliance functions within various types of financial organizations. Also, instructor in Compliance Risk Management, Bank Secrecy Act/Anti-Money Laudering/OFAC compliance and Risk management.

Ask me about
Credit Karma
LendingTree
Nerdwallet
Compliance
Compliance Management
Compliance and BSA/AML and Legal for Financial Institutions
Work experience
logo

Feb 2020 - Present

Beneficial State Bank

Executive Vice President, General Counsel and Director of Compliance Risk

Serves as In-House General Counsel and Director of Compliance Risk. *Registered In-House Counsel - State of California - Awaiting final determination. Current member of the Pennsylvania Bar.

Jan 2019 - Present

R. Harvey Associates. LLC

President

Provides Compliance, Regulatory and Legal consulting services to various types of financial services organizations including banks, credit unions, mortgage companies, financial technology companies (Fintech), and other companies offering consumer products and services. Areas of expertise include assisting new and established financial services companies in building, enhancing, maintaining and evaluating Compliance and Bank Secrecy Act/Anti Money Laundering (BSA) programs. Also provides expert advisory consultation and staff training to institutions that are looking to address noted deficiencies in their Compliance and/or BSA programs and those looking to prevent such deficiencies. Services include evaluating existing Compliance and BSA programs and assisting in the development of new programs.

logo

Jul 2018 - Jan 2019

World Open Network

Chief Compliance Officer & General Counsel

Responsible for developing, implementing and managing a comprehensive Compliance and Legal infrastructure to support the company's current and future strategic objectives.

Jul 2014 - Jul 2018

Colonial Savings, F.S.A.

SVP, Chief Compliance Officer

Developed and implemented a comprehensive risk-based Compliance Risk Management program consistent with the company's risk tolerance and regulatory expectations.

May 2013 - Mar 2014

Omney, Inc.

Chief Compliance Officer and General Counsel

Responsible for developing and implementing a Compliance and Legal infrastructure for a start-up Money Transmission Service provider.

Aug 2012 - Mar 2013

Skrill (Moneybookers)

Chief Compliance Officer and General Counsel - BSA/AML Officer

Hired to assist in establishing the company's U.S. presence. Responsible for building a Compliance and Legal infrastructure to support a licensed on-line payments and digital wallet service.

Aug 2009 - Aug 2012

State Farm Bank

Chief Compliance Officer & Bank Secrecy Act Officer

Hired by this fortune 50 company to rebuild the Bank's compliance infrastructure to exceed regulatory expectations.

logo

Sep 2006 - Dec 2007

Rabobank

Chief Compliance Officer

Hired to address previously identified compliance problems and to develop and implement a successful, risk-based, enterprise wide, Compliance Program for a bank that was anticipating rapid growth.

logo

2004 - 2006

Silicon Valley Bank

Chief Compliance Officer & Regulatory Relations Officer

Served as the Chief Compliance Officer and Regulatory Relations Officer responsible for all aspects of compliance risk management and the company's Bank Secrecy Act Program.

logo

2003 - 2004

Washington Mutual

Regulatory Analysis Manager

Hired to assist the newly appointed Chief Compliance Officer in building an enterprise-wide corporate compliance function for the largest thrift institution in the country. Managed the Bank's compliance subject matter experts.

2002 - 2003

ETrade Financial

Director of Compliance

Hired by the largest internet bank to develop and implement a successful bank-wide Compliance and Community Reinvestment Act Program to position the bank for rapid growth. Also managed the bank's Internal Audit Department and Mortgage Quality Control functions.

1995 - 2002

Chevy Chase Bank

Chief Compliance Officer & Chief Privacy Officer

Hired to assist the bank through the lifting of a Department of Justice issued fair lending cease and desist order. Also represented the bank in its dealings with federal and state regulatory agencies and examiners, including the Office of Thrift Supervision, the SEC and the NASD.

Aug 1986 - May 1993

Office of Thrift Supervision

Trial Attorney

Served as an Enforcement and Litigation Attorney for the regulator of thrift institutions.

Talk to Richard

@ Copyright 2020 OfficeHours Technologies Co.