CAREER EXPERIENCE & ACHIEVEMENTS
THE SCHINLEVER GROUP INC., (previously know as Fowler & Schinlever, Ltd.), Richmond, Virginia August 2002 – August 2008, October 2009 – Present
President & Owner (The Schinlever Group), Chairman & Managing Director (Fowler & Schinlever, Ltd.)
Provide practical solutions for the internal audit and control consulting needs of Community Banks. Services are designed to add value and improve our client’s operations. We assist our clients accomplish their objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.
Services include all types of internal audits, Sarbanes-Oxley Section 404 control documentation and testing, internal control reviews and more specialized audits and reviews including Automated Clearing Hours (ACH), Public Funds, Bank Secrecy Act and Customer Identification Program Compliance (BSA/CIP), Asset Liability Management and Asset and Liability Committee (ALM/ALCO), and Trust. Other consulting services include Risk Assessments, Quality Assessment Reviews (QAR’s) of in-house internal audit functions and Enterprise Risk Management (ERM) services and evaluation and coordination of outsourced internal audit services.
RSM MCGLADREY, Inc, Richmond, Virginia August 2008 – September 2009
Manager, Risk Management Services
Responsibilities included managing the services provided to Financial Institutions in the Mid-Atlantic and Carolina Regions. Representative engagements include:
- Internal Audits
- Sarbanes-Oxley section 404 control documentation and testing
- Internal control reviews
- Compliance reviews including ACH, BSA/ALM and public funds certification
- Risk Assessments
- Quality Assurance Reviews
MCGUIREWOODS, LLP, Richmond, Virginia 1999- 2002
Manager of Internal Audit and Process Improvement
Created an internal audit function providing consulting and project management services to the Board of Partners, the Finance Committee and Firm Management in the area of internal controls, policies and procedures and special projects
- Assisted the Executive Director in managing the human resources function for 6 months, directing a professional staff of 10 for a law firm with more than 500 attorneys and 1,200 support staff operating in 15 locations including 3 foreign countries.
- Key member of committee that successfully reduced expenses by $5 million dollars in a twelve-month period by eliminating less productive positions, streamlining operations, eliminating duplicate functions and centralizing necessary accounting and billing functions.
- Commended by Senior Management for the handling of a sensitive situation regarding expense reimbursements with a former attorney who went to work for a firm client.
- Successfully managed an 18 month long project to migrate more than 500 cell phones from firm to individual liability reducing $500,000 potential exposure to the firm.
- Was selected by senior management to act as the liaison in merger integration involving 17 attorneys and 32 support staff.
- Analyzed the existing policy and process and recommended positive steps to reduce the potential liability created by attorneys serving as fiduciaries of millions in reported client trust assets.
- Working with in-house counsel and outside authorities was successful in retrieving $1,000,000 in funds that were wired to an incorrect beneficiary in a foreign country.
CRESTAR FINANCIAL CORPORATION, Richmond, Virginia 1980-1999
(Predecessor to SunTrust Bank, Inc.)
Senior Vice President, Audit Manager, and Manager of Professional Practice (1992-1999)
Assisted General Auditor in directing comprehensive program of internal auditing for 360 offices in three states with a staff of 47 and a budget of $4 million. Managed timely Audit Plan results in coordination with four Audit Managers and communicated summary information to Senior Management and the Audit Committee. Coordinated budgeting and forecasting of expenses and audit hours. Facilitated due diligence and merger activities. Led strategic initiatives for improvement including risk-based audit approach, customer satisfaction survey process, quality measures and human resource standards. Managed staff’s professional development and reviewed audit division performance against quality standards for professional practice.
- Analyzed three audit offices of two acquired banks, ultimately closing the offices, resulting in annual cost savings of $500,000
- Conducted strategic assessment project of image, quality of services, and role of Audit Division, resulting in multiple change initiatives and improved visibility with key decision-makers
- Key member of committee that successfully developed risk-based audit approach that added value while continuously assessing risk. Audit clients reported greater satisfaction with risk-based audit process
- Commended by senior management, legal counsel and Federal Bureau of Investigation for lead role in high-level fraud investigation involving international money laundering and Ponzi scheme
- Led the six-person Project Design Team that developed a comprehensive Lotus Notes-based time management system, capturing accurate staff hours for billing and significantly enhancing staff efficiency and communications
- Received certificate of appreciation from Institute of Internal Auditors in recognition of valuable contribution to the progress, development and growth of the internal auditing profession
- Developed comprehensive Ethics program. Collaborated with Legal Division to incorporate information into company’s Standard of Conduct and conducted training that was well received by more than 250 bank participants
- Selected to attend Executive FastTrack MBA program at Virginia Commonwealth University, receiving degree in 18 months while continuing full-time management responsibilities
Vice President, Assistant Vice President and Audit Supervisor (Trust Audit) (1986-1992)
Conducted internal audits throughout Virginia and DC. Coordinated numerous employee fraud investigations with local and federal law enforcement officials. Supervised a staff of 10 professional auditors.
- Received commendation from management for outstanding coaching skills and for developing employees
- Awarded recognition by Bank President for leadership role in increasing productivity and guiding activities to increase shareholder value
- Received letter of appreciation from Federal Reserve Bank for contribution to “Cyberbanking – Regulatory & Supervisory Implications” conference
Audit Officer and Auditor (Commercial & Trust Audit) (1980-1986)
Conducted internal audits including evaluation of control systems. Prepared professional documented working papers and reported findings to Management.
- Commended by Federal Bureau of Investigation for dedication and initiative in investigation that aided in the conviction of four suspects and the uncovering of over $200,000 in fraudulent loan proceeds
- Requested by Institute of Internal Auditors to co-instruct “Tools and Techniques for the Beginning Auditor” at regional conference
PROFESSIONAL CERTIFICATIONS & MEMBERSHIPS
Certified Internal Auditor, Institute of Internal Auditors, 1992
Institute of Internal Auditors, Board of Governors, 1985, 1993-1996
CIA Exam Review Committee Chairperson & Instructor, 1993-1994
Virginia Commonwealth University, Member of Strategic Business Council for FastTrack MBA Program, 1996-1999
President of FastTrack MBA Alumni Association, 1996-1999
EDUCATION
Virginia Commonwealth University, Richmond VA
Master of Business Administration, 1996
Bachelor of Science in Accounting, 1980
