AILEEN M. DOHERTY
Senior Consultant - BCCP
Subject Matter Experts - BCI
US Tristate Division

PRO-BONO EXPERIENCE

Compliance and Legal Consultant,
Members Private Financial Services Project New York,
New York - March 2009 - March 2010

Member of leadership management team for new business initiative. Provide legal and compliance guidance and support for the development of non-stock and client owned bank holding company which provides deposit, lending, asset management and trust services. Originally intended as a mutual bank holding company, model was revised based on meetings and conversations with State and Federal Agencies, inclusive of N.Y.S. Banking Commission, F.D.I.C., Federal Reserve and OTS.

PROFESSIONAL HIGHLIGHTS

BEKKER COMPLIANCE CONSULTING PARTNERS, LLC
Independent Consultant
2009 - Present

Aileen is an independent Senior Consultant with Bekker Compliance Consulting Partners, LLC (BCCP). She provides regulatory compliance consulting and training, in her areas of expertise, to BCCP's financial services clientele.

Compliance Officer & Consultant,
Reich & Tang Asset Management, LLC New York,
August 2007 - January 2009

Led team responsible for all aspects of regulatory compliance for the firm's fixed income and equity capital markets business. Responsibilities and accomplishments include:

  • Oversight of all day to day trading and investment activities for capital market group;
  • Supervised compliance staff and advised management on Compliance and Regulatory issues;
  • Analyzed organization and existing compliance and operational policies and systems to determine enhancement requirements and compliance with regulatory requirements;
  • Monitored new regulatory developments and incorporated new requirements if appropriate.
  • Updated compliance manual;
  • Supervised the automation of pre-trade monitoring of investment guidelines for fixed income group;
  • Standardized due diligence reporting for clients and the development of annual training program;
  • Developed and provided firm-wide compliance and AML training program for employees;
  • Responsible for review of all marketing materials;
  • Hired, trained and supervised compliance analysts; and
  • Reviewed and negotiated third party client, adviser and vendor agreements.

    • Engagement Manager & Consultant,
    Jefferson Wells New York, New York,
    October 2005 - January 2008

    Responsible for the development of financial institution regulatory compliance practice for the Jefferson Wells Tri-State office. Engaged in business development, sales, marketing and delivery of compliance services to financial institutions in the Tri-State area. Responsibilities and accomplishments include:

  • Development of compliance assessment program based upon Managed Fund Association principles;
  • Provided compliance review support to Hedge Funds, Institutional Asset Management and Broker-Dealer product programs;
  • Conducted review of pension funds administration and investment selection activity;
  • Conference speaker on topic of valuation and pension fund compliance issues;
  • Managed personnel, inclusive of recruiting, placement and directed client engagements; and
  • Participated on sales calls and was instrumental in winning two of top three hedge funds as clients

    • Consultant & Vice President and Associate Counsel,
    Fiduciary Trust International New York, New York,
    January 2003 - September 2005

    Senior Attorney responsible for legal requirements for High Net Worth, Real Estate and Strategic Adviser Service business units, inclusive of Private bank, US registered investment adviser and broker dealer subsidiaries. Responsibilities and accomplishments include:

  • Development of policies and procedures manual for registered investment adviser subsidiaries.;
  • Coordinated with business units to insure policies met business capabilities;
  • Coordinated response to SEC audit of investment adviser business; and
  • Drafted, reviewed and negotiated legal agreements, subscription and sales material.

    • Vice President and Associate General Counsel,
    Citicorp Investment Services Long Island City, New York,
    March 2000 - September 2002

    Provided strategic, legal, compliance and risk assessment support to Citigroup Private Bank ("CPB"). Liaison with CPB's Legal Department and assisted business in enacting new product and service initiatives for High Net Worth clients via the Citicorp Investment Services broker-dealer and investment advisory distribution channels. Ensured compliance with SEC and NASD Rules and Regulations, inclusive of the Investment Company Act of 1940, Investment Advisers Act, 1933 and 1934 Acts. Responsibilities and accomplishments include:

  • Legal Representative on Citigold Business and Technology Project Team. Provided legal, risk and compliance support for the business and technical modification of the bank and broker product offering.
  • Legal Liaison for CIS on CPB Gramm-Leach Bliley "push-out" team. Responsible for legal review of new investment business model, inclusive of registration and supervision of representatives and review of inter-company business arrangements as required by the Gramm-Leach Bliley Act;
  • Developed a comparative analysis of account-opening processes of all Citigroup businesses for the purpose of developing an enhanced KYC account opening process.
  • Risk assessment and legal review of alternative investment products inclusive of Hedge Funds, Real Estate Venture Capital and Principal Protected Note Certificates;
  • Responsible for the analysis and review of new NASD and SEC regulations and development and establishment of new firm compliance policies and procedures;
  • Reviewed and negotiated legal documentation, subscription and sales material with third party and affiliated product providers;
  • Analyzed legal opinions on the retail distribution of annuity products in over twenty offshore jurisdictions and created country-by-country database of legal summaries and developed policies and procedures for the distribution of offshore annuity products; and

    • Assistant Vice President and Counsel:,
    Alliance Capital Management, L.P. New York, New York,
    August 1993 - February 2000

    Attorney and compliance professional. Provided legal and compliance support to the development of Alliance's Hedge Fund Investors, Offshore Fund and Institutional Divisions. Responsibilities and accomplishments include:

    Coordination of the legal structuring of U.S., Luxembourg and Cayman Island registered funds, inclusive of the oversight of outside counsel (international and U.S.), vendors (custodians, fund administrators and printers), internal marketing and accounting staff to produce legal corporate and client documentation, third party solicitor and marketing materials and review of third party contracts;

  • Established and monitored the compliance and administrative procedures, tests and reporting mechanisms for the compliance, accounting and legal departments;
  • Reviewed and negotiated marketing and business initiatives & agreements to ensure compliance with international regulatory and internal requirements;
  • Oversight of the formation and licensing of international subsidiaries and trademarks; and
  • Coordination of client servicing issues with sales and marketing groups inclusive of extensive one-on-one institutional and High Net Worth client contact.


    • Responsible for Alliance Capital's compliance with State and Federal Election Laws. Worked on legal matters relating to Alliance Capital's charitable foundation at the New York Community Trust.

    Assistant to the Vice Chairman & Compliance Assistant,
    Equitable Capital Management, L.P. New York, New York
    August 1989 to July 1993

    Responsibilities included assisting senior staff with compliance of security industry rules and regulations. Also managed Equitable Capital's ADV fulfillment requirements of the Investment Advisers Act of 1940.

    Career Note: Equitable Capital merged with Alliance in July 1993.

    EDUCATION/PROFESSIONAL DESIGNATION/PRESENTATIONS

  • CORO Leadership New York Fellowship
    September 2003 - May 2004
    Experiential learning program focusing on public policy issues in New York City.
  • New York Law School/Evening Division
    New York, New York. JD -- June 1993 - Concentration in Constitutional and International law.
    Selected as the New York Law School Representative at the Seventh Annual Americans for Separation of Church and State Conference. Alexandria, VA - September 1992.
    Lawyers Committee for Human Rights, Fall 1990 - independent study on the asylum law and policies of the United States Immigration and Naturalization Service in comparison with international standards.
  • Trinity College, Hartford, Connecticut. BA, History - May 1986

    • ACTIVITIES

  • 100 Women in Hedge Funds - member since 2002
    DC Metro Education Committee: June 2009 - present. Started DC Education Committee, inclusive of recruitment of members and liaison with 100 Women in Hedge Funds Board of Directors. Led organization of first educational event in DC. Membership is now at 125 active senior level professionals.

    Governance Committee. Developed manual for global governance & operational structure.

    Philanthropy Committee. Coordinated volunteer partnership with STRIVE, inclusive of mentoring and financial literacy program. STRIVE is a Harlem based program that provides educational and support services for inner-city residents attempting to leave welfare and become self-sustaining individuals.
  • American Friends of James Joyce - Board of Directors.
    Provide educational after school programs for New York City Public High School Students.
  • Dance New Amsterdam - Board of Directors.
    Provide education, performance and gallery display for international dance students and teachers.