Anthony J. Simeone

EXECUTIVE SUMMARY
I am a Certified Public Accountant and Certified Fraud Examiner with extensive background in managerial control, business planning/development, financial analysis, budgeting and forecasting. 

Anthony J. Simeone, CPA, CFE 
Telephone: (347) 306-5300   
Email: Tony1cpa@msn.com                                                                                                                    

I have been a Subject Matter Expert in the following areas of operations pertaining to financial institutions:

  • Record-Keeping / Forensic Accounting
  • Regulatory Compliance / BSA Instructor 
  • Lending Review / Delinquency Control
  • Financial Management/Analysis
  • Strategic/Business/Budget Development
  • Supervisory Committee Functions
  • Information Science & Tech. Evaluation
  • Operational Auditing 
  • Internal Audit Procedures & Processes
  • Liquidity Analysis 
  • Internal Control Assessment
  • Asset / Liability Management Evaluation    

EXPERIENCE:

WAKEFERN FEDERAL CREDIT UNION

2015 – 2016

Accountant

Responsible for record-keeping, regulatory compliance, and budgetary functions for this $9 mill. financial institution (Sponsor:  Wakefern Food Corp.).  Upgrade in regulator rating obtained.
 

NORTH JERSEY FEDERAL CREDIT UNION

2014 - 2015

Compliance Officer (with varied Internal Audit functions)

  • Responsible for the credit union’s overall compliance program with respect to lending, deposit, and operational rules, NCUA regulations and state/federal laws and statutory requirements, and implementing corrective action plans for resolution of problematic issues.

  • Accurately assessing internal control practices and ensuring the Board of Directors, management and employees are in compliance with credit union policies and procedures.

  • Updating policies and procedures as needed. 

 

NATIONAL CREDIT UNION ADMINISTRATION (*) Return to NCUA

1998-2014

Financial Examiner / Subject Matter Expert

  • Performed financial, operational, internal control, and forensic assessments upon diversified federal/state chartered credit unions.
  • Operational interim management and oversight of credit unions.
  • Successfully salvaged more than 25 credit unions from failure by accurately assessing their financial and operational activities.
  • Occasional Supervisor of employees over Examination Staff; staffed the examination engagement teams and determined workload responsibilities.
  • Analyzed departmental budgets, financial statements and fiscal cash projections.
  • Assessed Asset/Liability risk while evaluating overall safety and soundness.
  • Evaluated quality of internal control structures.
  • Applied forensic audit skills to credit union fraudulent activities.
  • Regulated compliance (including: BSA/OFAC).
  • Formulated and conveyed examination results to management officials; instilled effective resolutions for assurance of continued financial stability.
  • Managed adherence with regards to laws, rules and regulations.
  • Assessed Information Science & Technology systems. 
 

US ALLIANCE FEDERAL CREDIT UNION

1998-1998

Internal Audit Manager

  • Managed Internal Audit Department of a $550 million credit union and wholly-owned ($600 mill.) Credit Union Service Organization (CUSO).
  • Assessed operational functions of varied departments for rendering recommended enhancements to efficiency and effectiveness.
  • Evaluated quality of internal operations (lending, member services, accounting, I.S. & T., etc.).
 

NATIONAL CREDIT UNION ADMINISTRATION

1985-1998

Financial Examiner / Subject Matter Expert (*)

 

INTERNAL REVENUE SERVICE

1981-1985

Internal Revenue Agent

  • Accomplished numerous federal income tax return audits of individuals, partnerships, and corporate business entities.
  • Arbitrated tax cases prior to tax court hearings.
  • Provided guidance and assistance to the audit engagement staff.
 

NEW YORK CITY DEPARTMENT OF FINANCE

1978-1981

Associate Accountant/Tax Auditor

  • Performed income and excise tax report audits for major corporate enterprises.
  • Assumed role of arbitrator; settling tax assessments prior to appellate level.
  • Provided guidance and assistance to the audit engagement staff.
 

NEW YORK OFFICE OF THE COMPTROLLER

1978-1978

Management Auditor

  • Performed operational audits of various NYC municipal agencies.
  • Provided recommendations for enhanced operations, efficiencies and effectiveness.
  • Evaluated monthly forecasts, annual budgets, and key performance indicators for the full service structure.
 

Education 

Brooklyn College 1977
Bachelor of Science (Major: Accountancy; Minors: Economics, Computer Science)  

Credentials

Certified Public Accountant (member AICPA)  Active since 1994
Certified Fraud Examiner Designation  Active since 1995

(Posted: 08/17/16)