TINA M. FOOTE
Devonshire
Summary
Professional with demonstrated expertise in regulatory compliance, risk management, and policy enforcement. Skilled in identifying and mitigating potential risks, ensuring adherence to legal and regulatory standards. Strong focus on collaborative team efforts and achieving measurable results. Known for reliability, adaptability, and strategic problem-solving. Proficient in compliance audits, regulatory reporting, and developing effective compliance programs.
Overview
23
23
years of professional experience
Work History
Compliance Officer
Bermuda Government
12.2020 - Current
- Record and maintain all required documentation for Economic Substance Declaration (ESD), Corporate Governance information
- Participate in weekly compliance unit meetings and provide updates and stats of weekly work completed
- Performing comprehensive, ongoing analysis of medium to high risk entities who have submitted their economic substance declaration
- Work alongside the Compliance Lawyer, Head of Compliance and colleagues to determine the need to issue sanctions and the next steps
- Recommendation of sanctions for non-compliance of ESD, Corporate Governance to Head of Compliance
- Preparing periodic and annual reports documenting results of compliance reviews/results for Head of Compliance, which will assist with reporting to the Registrar
- Assisting in drafting and updating Compliance Unit policies and procedures
- Engage with industry through Industry Notice with the aim to inform the industry of improvements to the ESD Portal
- Liaise with account department, registration team and licensing team for further information required for compliance reviews
- Review the legislation, law and guidance notes to answer any questions by industry on ESD
- Serve as first point of contact for questions about the submission of ESD through telephone inquiries or by emails
- Provide mentoring and on-the-job training for new Compliance Officers and Consultants
- Communicating with other colleagues in the registration, insolvency teams for further information on registered entities on the ROC’s register
- Conduct onsite investigation and interviewing all relevant individuals/Corporate Service Providers to obtain further information on Economic Substance, Corporate Governance and Policing the Perimeter questions for further clarification of the entities business
Compliance Analyst/ Financial Crime Investigation Consultant
Bermuda Commercial Bank
10.2017 - 05.2020
- Reviewed Bermuda Monetary Authority (BMA) regulations and standards in relation AML/ATF Policy
- Worked on 3 banking systems daily to complete investigations on outgoing and incoming wires
- Excellent investigation/research skills on incoming/outgoing customer transactions for high risk or sanction individual or countries before the financial transaction was released
- Prepared a Sanction investigation form with all research documented
- Performed reviews for compliance on wires related to Office of Foreign Asset Control (OFAC) sanctions and Suspicious Activity Report (SAR)
- Ensured all Sanction Investigations were filed accurately in a timely manner
- Trained new team member’s with the daily work of the FCC
- Assisted in the development and amendments of Banking Policy and procedures
- Reviewed all customer files, to meet KYC, Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) requirements
- Informed Management or Risk Department of any High Risk/Sanctioned breaches
- Requested information from Relationship Manager’s that will helped me review and analyze data gathered to assess reasonable cause to investigate a little further or to clear the alert
- Conducted periodic reviews to identify any gaps within the department (Trust, Corporate, Personal, Commercial)
- Performed profiling on customers under the Financial Crime Compliance and request further information from RM’s which allowed me to clear the transaction or investigate further and submit an Internal SAR’s if required
- Notarized and certified documents for various BCB entities
- Released from contract once Covid19 rules and regulation were made in Bermuda
Compliance Analyst/Quality Assurance
Butterfield Bank
07.2016 - 10.2017
- Reviewed all customer files, to meet KYC, Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) requirements
- Requested customer files and received all customer documents requested by the bank to ensure bank had all required documentation for AML requirements for Personal, Commercial, Private Banking and Trusts
- Trained new team member on banking systems and documents required to make the file complete
- Uploaded new information received from customer into new banking system which in turn rated the customer Low, Medium or High Risk
- Met with customers to answer any question and to collect documents they may have relating to their account
- Engaged in review of co-worker’s daily work assigned as a quality assurance worker to review work completed in the banking system and provide constructive feedback on information missing and changes that were required to allow the system to provide the most accurate information on the customer
Trainee Attorney
Chancery Legal Ltd.
05.2015 - 03.2016
- Conducted legal and regulatory due diligence on clients an directors
- Established close relationships with other Attorneys and Senior Management
- Assisted attorneys in preparation of contracts and correspondence
- Conducted legal research for Senior Attorney both online and paper-based (law-library,)
- Assisted Senior Attorney’s with Negotiations with other Attorneys on court cases
- Assisted Senior Attorney’s in interviewing client’s which helped to assess their needs and prepare case efficiently
- Attended Family & Matrimonial Court with Training Attorney to observe the procedures
Trainee Attorney/Compliance Analyst
Butterfield Bank
03.2014 - 12.2014
- Conducted reviews on Trust files and banking files to upload to bank project system for FATCA/CSR related information on the High-Risk customers
- Had leadership experience with the duties of a team leader on the banks Project ensuring all work was completed efficiently and correctly on a daily basis
- Excellent time management and multi-tasking skills by consistently meeting and exceeding productivity expectations
- Reviewed all customer files, to meet KYC, Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) requirements
Administrative Officer to Registrar
Supreme Court of Bermuda
09.2007 - 07.2008
- Conducted searches for Attorneys
- Assisted Registrar with day to day work
- Accepted documents for court and wrote in register with case number
- Prepared files for Registrar with regards to individual’s hearings in Registrar’s Chamber
- Interacted with Attorneys and Attorney assistants on a daily basis
Underwriting Assistant
AXA XL
07.2002 - 12.2006
- Company Overview: previously XL Insurance
- Drafted Policy wording and endorsement for Professional Lines contracts
- Liaison between senior underwriters and brokers to negotiate amended terms of the Policy
- Reviewed and assessed renewal Policies with expired Policy wording and made changes as required and kept a record of changes in the computer system and excel spreadsheet
- Established a relationship with Finance, Claims and Senior Underwriters
- Trained and developed co-workers in Policy procedures and processing and how to use the computer application used to process policies
- Liaison with claims and accounting department investigate cash received before issuance of policy
- Discussed with senior underwriter when an issue arose with the Policy wording by the broker, and then made the necessary changes as required
- Previously XL Insurance
Education
LPC -
BPP University
01.2013
LLM - International Corporate Law
University of Leeds
01.2010
Graduate Diploma in Law (GDL) -
BPP University
01.2009
BA - Social Work
Talladega College
Talladega, Alabama01.1994
Skills
- Self-starter with the ability to take full responsibility for the assigned stream of work
- Strong problem-solving skills
- Excellent verbal and written communications skills
- Proficiency in Microsoft Suite
- Excellent investigation and research skills
Industry Associations
Commissioner for Oaths & Notary Public
Bar Admissions
Member of Bermuda Bar
Timeline
Compliance Officer
Bermuda Government
12.2020 - Current
Compliance Analyst/ Financial Crime Investigation Consultant
Bermuda Commercial Bank
10.2017 - 05.2020
Compliance Analyst/Quality Assurance
Butterfield Bank
07.2016 - 10.2017
Trainee Attorney
Chancery Legal Ltd.
05.2015 - 03.2016
Trainee Attorney/Compliance Analyst
Butterfield Bank
03.2014 - 12.2014
Administrative Officer to Registrar
Supreme Court of Bermuda
09.2007 - 07.2008
Underwriting Assistant
AXA XL
07.2002 - 12.2006
LLM - International Corporate Law
University of Leeds
Graduate Diploma in Law (GDL) -
BPP University
BA - Social Work
Talladega College
LPC -
BPP University
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