Home > People
Jim helps clients respond to regulatory mandates arising from changing regulation, examinations and enforcement actions, especially in the areas of board governance, risk governance and compliance. He focuses on assisting financial institutions to identify the root causes of regulatory issues, and develop and implement comprehensive plans to remedy them. Jim also has extensive experience in strategic planning and change management within financial institutions. As a former enforcement attorney with the Federal Reserve Bank of New York, he brings a unique regulatory perspective to his work.
Jim began his career in financial services as an attorney with the Federal Reserve Bank of New York, where he focused on a variety of regulatory issues and enforcement matters. He assisted with regulatory enforcement actions related to the Bank of Credit and Commerce International, as well as with several white-collar criminal prosecutions. Jim left the New York Fed to become general counsel of Chicago Board Brokerage, a joint venture of the Chicago Board of Trade and inter-dealer broker Prebon Yamane, which was created to handle electronic trading and clearing of United States Treasury securities. He later joined Prebon, where he took responsibility for business planning and product management. Following Prebon’s sale to Collin Stewart Tullett in 2004, Jim came to Promontory, initially as a consultant.
- J.D., Boston University, Boston, Massachusetts
- B.A., government, Soviet languages and literature, Harvard University
- Certification of completion, Russian language, Pushkin Institute, Moscow
- Helped a domestic local management team of a large foreign bank to establish, staff and train a compliance unit, including an anti-money laundering team. The project was in response to a regulatory enforcement action.
- Assisted the board of directors of a large financial institution with a plan to enhance its effectiveness in the wake of the financial crisis.
- Helped a global foreign bank develop and implement a plan to enhance its operations throughout the United States, in response to a regulatory enforcement action.