MSB Compliance Inc. is blessed to have exceptional talent dedicated to helping its clients ensure effective risk mitigation.
Jay Postma, President
Jay Postma, President
Certified Anti-Money Laundering Specialist (CAMS)
Mr. Postma has over 25 years experience in the Banking, Financial Services, and Software Development industries. At the Federal Reserve Bank of Atlanta’s New Orleans and Atlanta branches and later at MCI Telecommunications, Mr. Postma became known for his skill in turning around troubled operating departments, bringing these departments into compliance with regulatory requirements, improving productivity and customer service, and in controlling costs.
As a founding principal of Towne Services, publicly traded on NASDAQ prior to its acquisition, a provider of services and products that process sales and payment information and related financing transactions for small businesses and community banks in the United States, Mr. Postma served as Vice President, Operations. Mr. Postma was instrumental in developing the company’s products and pricing strategies, and in creating the product features, requirements, and processing logic.
As a founding principal of El Banco Financial Corporation and its subsidiary El Banco de Nuestra Comunidad, Mr. Postma served as Vice President and Secretary. El Banco was a financial services company focused on providing traditional and non-traditional bank and financial services to the un-served and under-served Latino immigrant market. The core of the company now operates as Ingo Money providing check verification services to banks and MSBs and is a client of MSB Compliance.
Mr. Postma later served as Vice President, Division Operations Manager, and Bank Secrecy Act Officer with Flag Bank until its acquisition by RBC Centura. In this role, Mr. Postma advised executive management and the Board of Directors of increasingly stringent BSA regulatory expectations and revised, developed and implemented formal compliance policies and procedures.
Mr. Postma has significant experience working both as an employee and as an entrepreneur with banks, financial service companies, and business customers. Mr. Postma has built and reinvented Operations and Customer Service departments and managed both growing and diminishing operating departments.
Mr. Postma holds a Bachelor of Science in Management Science from the Georgia Institute of Technology.
Additionally, Mr. Postma has achieved recognition as a Certified Anti-Money Laundering Specialist (CAMS) through the Association of Certified Anti-Money Laundering Specialists (ACAMS). Mr. Postma is also a member of the Association of Certified Financial Crime Specialists (ACFCS). Mr. Postma helped to organize the ACAMS Atlanta Chapter and currently serves as Co-Chair of the group.
Mr. Postma is also a founder and partner in Aceris Financial Group, providing compliance consulting services to banks.
Mr. Postma is also a founder of Digital Currency Solutions which provides ongoing review and analysis of compliance and operating risks of entities engaged in digital currency services while also performing financial reviews in accordance with traditional surety bond underwriting procedures. DCS has secured an exclusive partnership with one of the world’s largest surety carriers to provide a national surety bond solution to the digital currency market. Mr. Postma is also a lifetime member of the Bitcoin Foundation.
Erica Harper, BSA/AML Compliance Specialist
Erica Harper, BSA/AML Compliance Specialist
Certified Anti-Money Laundering Specialist (CAMS)
Prior to joining MSB Compliance as a BSA/AML Specialist, Mrs. Harper worked as a community banker for over eight years. She is bilingual, speaking both English and Spanish fluently.
Beginning her career as a front line teller with a bank seeking to begin serving a growing Hispanic customer base, Mrs. Harper provided excellent customer service and support. Mrs. Harper later served as a bilingual Customer Service Representative before moving into a full time compliance management role for several years.
As Compliance Specialist for a bank operating a Hispanic banking division with seven branches staffed almost entirely by recent Hispanic immigrants, Mrs. Harper was a key player in helping to manage the bank’s BSA/AML risk management program. Significant duties included: performing ongoing compliance reviews and audits of branch operations; implementing and maintaining procedures for the provision of banking services to MSBs; and, development and presentation of tailored training programs to the bank’s Hispanic staff. Oversight of branch compliance and ongoing training of staff was of particular importance as the bank provided non-traditional services more typically provided by MSBs in addition to traditional banking services. Mrs. Harper performed periodic customer site visits of small MSBs independently and with account managers. She also actively reviewed and evaluated compliance materials provided by the bank’s MSB customers as part of mitigating the bank’s BSA/AML compliance risk. Additionally, Mrs. Harper assisted in reviewing, updating, and implementing the BSA/AML, CIP and OFAC compliance programs of the bank.
Mrs. Harper earned a Bachelor of Arts in Spanish with an emphasis in Business from North Georgia College and State University. Additionally, she has achieved recognition as a Certified Anti-Money Laundering Specialist (CAMS) through the Association of Certified Anti-Money Laundering Specialists (ACAMS).
Ms. Harper helped to organize the ACAMS Atlanta Chapter and currently serves as Co-Secretary of the group.
John Schmarkey, BSA/AML Compliance Specialist
BSA/AML Compliance Specialist
Certified Anti-Money Laundering Specialist (CAMS), Certified Fraud Examiner (CFE)
Senior Instructor (Federal Law Enforcement Training Center)
Special Agent, U.S. Treasury, IRS Criminal Investigation (retired)
Mr. Schmarkey has over thirty years of experience in complex financial crime investigations and law enforcement instruction. He served twenty seven years as a Special Agent, for U.S. Treasury, Internal Revenue Service, Criminal Investigation, retiring June 30, 2011. He subsequently served as a Senior Instructor at the Federal Law Enforcement Training Center, where he was responsible for teaching federal agents and state and local detectives.
Mr. Schmarkey’s area of instructional expertise is international money laundering, fraud investigations and asset forfeiture. He was the lead instructor in advanced money laundering training and served as the deputy coordinator for the Money Laundering and Asset Forfeiture Training Program (MLAFTP). He has taught hundreds of law enforcement students, both on campus at the Federal Law Enforcement Training Center, and at numerous task force training locations throughout the continental U.S. and in Puerto Rico. He also developed and taught basic financial investigations for the South West Border Anti-Money Laundering Alliance. He is an occasional guest instructor for professional groups and colleges.
Mr. Schmarkey often worked cases related to financial institutions and investor fraud with his partners at the Federal Bureau of Investigation (FBI), Secret Service and Homeland Security Investigations (HSI). These numerous white collar and organized crime cases, included large scale mortgage fraud, securities fraud, Russian organized crime bank fraud and industrial commodity schemes. He was assigned to work investor fraud cases and savings and loan crisis cases with Secret Service, where he often coordinated investigations at the request of the U.S. Attorney’s Office.
Mr. Schmarkey has extensive experience collaborating in international cases. He was assigned to the FBI organized crime (OC) and Joint Terrorism Task Force (JTTF) squads. While with JTTF he was assigned via the U.S. Treasury, Terrorist Finance office and the Defense Intelligence Agency (DIA) to work in Baghdad, Iraq. He has worked closely with the major American and British intelligence agencies. He also served many years supporting state and local law enforcement at the High Intensity Drug Trafficking Area (HIDTA) task force. He worked narco-terrorism matters for the U.S. Treasury “Green Quest” terrorist finance task force, collaborating with Her Majesty’s Customs and Excise service (HMCE) in the United Kingdom. He is an original member of Atlanta’s “David Wilhelm Strike Force” of the Organized Crime Drug Enforcement Task Force (OCDETF).
Mr. Schmarkey is familiar with the major federal financial industry regulators and the Georgia Department of Banking and Finance. He has worked closely for many years with the Financial Crimes Enforcement Network (FinCEN). He worked closely with examiners at the Internal Revenue Service and Office of Thrift Supervision (OTS). He developed a special interest in money service businesses (MSB) He started a project in Atlanta to examine the illicit use of these facilities. This expanded to liaison with the Mexican financial intelligence unit in Mexico City. Mr. Schmarkey worked cases on site in several countries in Europe, South America, Central America, and Southwest Asia. His interest in international matters began forty years ago, when he was a linguist in Europe for the U.S. Army Security Agency, which was an arm of the National Security Agency. Other, influences included public accounting internships and management experience in manufacturing, during and immediately after college. He attended the Birmingham School of Law briefly. He was a top graduate in his class at the U.S. Defense Language Institute. He has a Bachelor of Science in accounting from the University of Alabama in Birmingham. He is a proud member of the Veterans of Foreign Wars (VFW) and professional organizations, including: ACFE, ACAMS, and ACFCS. He is honored to be a Co-Chairman of the Atlanta Chapter of ACAMS and “Board Member Emeritus” of Georgia Chapter, ACFE.
Mr. Schmarkey and associates do investigations and instruction as Forensic Partners LLC, which is a licensed private investigations and teaching team. Forensic Partners is a component of the ACERIS Financial Group LLC, serving the financial services industry.
Julie Barns, BSA/AML Compliance Specialist
BSA/AML Compliance Specialist
Ms. Barns worked as a regulator for over ten years for FinCEN and the FDIC in the Bank Secrecy Act (BSA) and Anti-money Laundering (AML) fields. At the Financial Crimes Enforcement Network (FinCEN) in Washington, D.C., the agency that issues, interprets, and enforces the Bank Secrecy Act regulations, Julie served as a Compliance Project Officer in the Regulatory Policy and Programs Division’s Office of Compliance. She was the subject matter expert on BSA examination and compliance issues involving the money services business and credit union industries. Ms. Barns worked extensively with the Federal Banking Agencies, the Internal Revenue Service, and State regulators to develop examiner training initiatives, including: the development of the Advanced BSA/AML Specialist Conference for State and Federal bank examiners; drafting updates to both the FFIEC BSA/AML Examinations Manual and the Examination Manual for Money Services Businesses; and the development of examination procedures for regulators of non-bank financial institutions subject to the BSA.
While at FinCEN Ms. Barns also reviewed the BSA compliance matters of those financial institutions which had been found to have significant BSA related violations and deficiencies and made recommendations to FinCEN’s senior management and Enforcement Committee regarding potential enforcement measures to take against those institutions with the most egregious violations.
Ms. Barns has served as a Commissioned Bank Examiner for the Federal Deposit Insurance Corporation (FDIC) in Cedar Rapids, Iowa, prior to joining FinCEN. At the FDIC she conducted BSA and safety and soundness examinations of small and medium-sized State non-member banks.
Ms. Barns has spoken on a wide range of BSA/AML related topics at numerous conferences and training events throughout the country to audiences comprised of financial institutions, regulators, and law enforcement agencies. Prior to joining MSB Compliance, Inc., Ms. Barns was President and Founder of Gold Star Compliance, Inc., a corporation offering BSA/AML consulting services to banks, credit unions, and money services businesses located in Georgia.
Ms. Barns earned a Bachelor of Arts in Economics with an emphasis in Business Analysis from the University of Northern Iowa. Additionally, she is a member of the Association of Certified anti-Money Laundering Specialists (ACAMS).
Doug Dwyer, Director of Bank Consulting
Financial Institution Operational Risk Professional
Results driven professional with a 30 plus year track record of successful financial institution management consulting focused on implementing high impact projects for risk mitigation, bottom line improvements, and regulatory compliance in serving many outstanding organizations including Citigroup, U.S. Bank, Wells Fargo, USAA, SunTrust, Bank of New York/Mellon, BB&T, KeyCorp, M&T, Union Bank of California and 1st Niagara.
Mr. Dwyer applies his breadth of banking experience in assisting his clients to achieve the desired risk / reward balance, while ensuring compliance is never compromised in the pursuit of improved performance. He leads Organizational Effectiveness engagements on process and procedural reengineering, profit improvement, operational / deposit fraud losses, internal controls, test plans/testing execution, M&A business integration, and regulatory remediation efforts addressing consent orders, memorandums of understanding and examination matters requiring attention (MRAs).
His Profit Improvement engagements span from Community to many of the largest U.S. banks and include fee revenue enhancement, non-earning asset reduction, increased productivity, and third party expense reduction. His current profitability focus is assisting bankers optimize their MSB line of business income, expense and related balance sheet accounts.
Mr. Dwyer began his banking career as a commercial bank examiner with the Office of the Comptroller of the Currency. In addition to self-employment, he has held senior management positions with advisory firms KPMG, Bearing Point, CAST Management Consultants and A&M.
Mr. Dwyer earned a Bachelor of Science in Business Administration (accounting major) from Marquette University. He is a charter member of BAI’s Certified Risk Professional (inactive), and is a certified FCRA Data Furnisher professional with the Consumer Data Industry Association.
Susan Nelson, BSA/AML Compliance Administrative Support
Prior to joining MSB Compliance as a BSA/AML Compliance Administrative Assistant, Susan H. Nelson retired from the Georgia Department of Banking and Finance with over twenty years of dedicated service. Ms. Nelson was responsible for all aspects of check casher licensing including the review of new applications, working with applicants to resolve issues that would prevent licensing approval and making final determination regarding licensing. Ms. Nelson was also responsible for running Georgia Criminal Investigation Center criminal background checks and credit reports on all check cashing licensing applicant requests and handled the annual check cashing licensing renewals.
Ms. Nelson frequently provided direct phone support to state check cashing licensees, prospective licensees, servicing bankers, attorneys, CPAs and the general public. Phone support was provided to help prevent or solve problems and typically included explanation and discussion of various state level and Bank Secrecy Act related regulatory requirements and expectations.
Prior to her career at the Department of Banking and Finance, Susan worked for a large Atlanta-based real estate closing firm and for a national title insurance company.
In her role at MSB Compliance, Inc., Ms. Nelson provides significant operational support to the company while also having opportunity to continue working with and assisting long term check cashing customer relationships while also helping to build and support new customer relationships.
Additional Professional Resources
In addition to its full time employees, MSB Compliance maintains strong networking relationships with multiple BSA/AML consultants having significant knowledge and stature within the industry who may be called upon from time to time to work with us in completing projects. All reports of independent review include the names and professional biographies of each employee and additional outside consultant (when applicable).
We look forward to working with you!
Please use the Contact Form, Request for Independent Review form or call us.
MSB Compliance, Inc.
2472 Jett Ferry Road
Atlanta, GA 30338
- MSB Compliance is out! https://t.co/mrAKcSrK5z Stories via @IMTConferences @FuerstIttleman @AMLsanctions 08:18:36 PM December 09, 2016 ReplyRetweetFavorite
- RT @PK_Drew: https://t.co/MRB9iWcwEj This is great news for #fintech and for #payments #PaymentsBank @IngoMoneyNews 08:57:35 AM December 05, 2016 ReplyRetweetFavorite
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- ACFCS honors life of Michael McDonald https://t.co/ybQ1A9AIS7 Our dear friend, mentor and colleague remains in our hearts and is missed 09:12:20 AM October 28, 2016 ReplyRetweetFavorite