RAYMOND J. LUSTIG
SENIOR CONSULTANT
BCCP US TRISTATE DIVISION
PROFESSIONAL HIGHLIGHTS
Bekker Compliance Consulting Partners, LLC
Independent Consultant
2008 – Present
Raymond is an independent Senior Consultant under contract with Bekker Compliance Consulting Partners, LLC (BCCP). He provides regulatory compliance consulting and training to BCCP’s financial services clientele.
AGFA HEALTHCARE CORPORATION, Ridgefield Park, NJ
2006 – Present
Staff Attorney
Corporate general counseling, focusing on procurement agreements, intellectual property contracts, real estate and other transactional matters, and compliance.
DAVIDOFF MALITO & HUTCHER LLP, New York, NY
2003-2006
Senior Counsel
Anti-Money Laundering (AML) compliance counseling; secured bank lending (real estate, commodities, other collateral) (representing New York City banks); secured financings (real estate, aircraft, other business assets) (representing borrowers); transactional real estate (commercial office leasing; high-end residential acquisitions in New York City and resort communities, real estate development); mergers and acquisitions; business formations and general corporate and commercial practice.
LEHMAN BROTHERS INC., New York, NY
2000-2002
Vice President & Counsel (Anti-Money Laundering Compliance Special Project)
Legal counsel/manager for Operations Customer Accounts Services Group, for liaison with counterparts in Lehman Europe and Lehman Asia and for 50+ member project team performing global account review to assure compliance with the USA PATRIOT Act, including Office of Foreign Asset Controls (OFAC) regulations and all Bank Secrecy Act (BSA) Know Your Customer (KYC) requirements.
Drafted, and oversaw customer accounts services compliance with, new global AML policy and procedures, including updated KYC questionnaires, OFAC screening, Foreign Shell Banks (FSBs) and Politically Exposed Persons (PEPs) policies, procedures and questionnaires;
Managed junior lawyer, 3 paralegals and 25 analysts in global compliance review of accounts for all foreign banks, including establishing procedures for obtaining, reviewing and tracking updated FSB certifications.
Responsible for educating customer accounts services personnel, and consulting for Compliance Department, regarding all AML laws and regulations and rules of self-regulatory organizations (SROs), as they are updated.
AML consulting for business units and consulting for compliance liaison with US agencies and SROs and primary liaison with internal auditors and technologists.
(Pre-USA PATRIOT Act) Served as the firm’s corporate real estate legal manager, responsible for corporate real estate, insurance and facilities project transactions, outside counsel supervision and litigation management for over 50 Western Hemisphere locations:
Directed in-house legal 9/11/01 recovery/relocation operations: negotiated and documented temporary space licenses and related agreements for Lehman’s relocation to over forty locations in the New York Metropolitan area
Legal manager for post-9/11 insurance claim effort and working group for disposition of damaged World Financial Center buildings.
METROPOLITAN TRANSPORTATION AUTHORITY (MTA), New York, NY
1998-2000
Senior Associate Counsel
Provided statutory and contract interpretation and regulatory analysis and advice to MTA senior management.
Legal management of relationships with the boards of directors of the MTA and its operating components and with agencies of New York State and City and other municipalities and other governmental agencies.
Settled five protracted disputes (one over 40 years old) with developers seeking rights to MTA real property
NOMURA SECURITIES INTERNATIONAL, INC., New York, NY
1991-1998
Vice President, Counsel & Insurance Director
Served as the firm’s legal counsel and insurance risk manager for the Western Hemisphere real estate and facilities group (including security, technology, and purchasing functions), responsible for all legal and compliance matters affecting the firm’s real estate and related contracts and for structuring, negotiating, documenting and administering domestic and international real estate and facilities projects:
Management (with a staff of 3 professionals and working in collaboration with the firm’s Operational Risk Management Group) of the Western Hemisphere risk management, insurance and bonding program of the firm and Tokyo-headquartered affiliates.
Legal manager and local counsel supervisor for feasibility and compliance studies, liaison with local government officials and local vendors, and negotiation of documentation for establishment, relocation and disposition of firm branch offices and data centers in over 25 locations in the Western Hemisphere.
Legal manager for all relationships with landlords, overlandlords, vendors, subtenants and local government agencies for the firm’s World Financial Center Headquarters and all Nomura Western Hemisphere offices.
ELECTRONIC DATA SYSTEMS CORPORATION (EDS), Dallas, TX
1989-91
Associate General Counsel
Legal counsel for EDS Treasurer’s Group, EDS Financial Corporation and the EDS Large Financial Institutions Business Unit, including financing transactions; leasing equity investments; leasing receivables financing; litigation management and insurance matters.
ITOCHU INTERNATIONAL, INC., New York, NY
1985-89
Corporate Counsel
Legal counsel for the Treasury Group: directed US Treasury Regulations, OFAC and other key compliance programs; securities (fixed income and commercial paper issuance, equity investments, real estate investments, swaps and derivatives); joint ventures; borrower bankruptcy and other litigation management.
DONOVAN LEISURE NEWTON & IRVINE, New York, NY
1981-85
Associate Attorney
General corporate, securities and commercial practice, responsible for Japanese client development.
OTHER EXPERIENCE:
UNITED STATES AIR FORCE RESERVE
1970-98
Air Attaché (Colonel) 1989-98: Reserve Air Attaché, US Embassy, Tokyo and Beijing; concurrently, chief executive officer of 50+ member organization in U.S.; 1978-89: Intelligence Staff Officer in U.S., Japan and Korea; 1970-70: Intelligence Officer (extended active duty, Japan and Wash, DC).
EDUCATION:
J.D., NEW YORK UNIVERSITY SCHOOL OF LAW, New York, NY
Journal of International Law & Politics
M.A., COLUMBIA UNIVERSITY, Japanese Language and East Asian Cultures, New York, NY
Lehman Fellow
Certificate, COLUMBIA UNIVERSITY EAST ASIAN INSTITUTE, Contemporary East Asia, New York, NY
Lehman Fellow
B.A., FORDHAM COLLEGE, History and Asian Studies
FOREIGN LANGUAGES
Japanese and German; experienced with legal documents in Portuguese and Spanish
SELECTED MEMBERSHIPS
New York State Bar
New York State Bar Association, Real Property Law Section, Committee on Commercial Leasing (Contributor to “Landlord’s Silent Lease Issues” and “Tenant’s Silent Lease Issues” publications) and Committee on Title and Transfer
CoreNet Global (corporate real estate executives association), New York City Chapter
Soldiers’, Sailors’, Marines’ & Airmen’s Club (501(c)(3) charitable organization), New York, NY- Vice President, Board Member and Real Estate Committee Member
World Policy Institute, (501(c)(3) charitable organization), New York, NY – Secretary and Board Member
Amateur Comedy Club (Theater Club), New York, NY - active member, hospitality committee chairman and member of the executive committee
