Matthews Business Solutions LLC
Text Box: Robert J. Matthews formed MATTHEWS BUSINESS SOLUTIONS LLC in 1998 after a long career at The Chase Manhattan Bank. Successful engagements for major US and foreign financial institutions included: Re-engineering regulatory compliance infrastructure including Identification of regulatory changes, identification of impacted products/processes, communication and implementation of requirements and compliance monitoring. Project included defining roll of compliance department, audit, legal, product owner, support areas, etc. Correction of major deficiencies and streamlining regulatory reporting processes for both US and foreign requirements including drafting procedures to ensure ongoing compliance. Patriot Act redress. Assistance to MSB in meeting Patriots Act and bank requirements. Information Security. SOX compliance including planning, implementation and gap analysis. Forensic accounting activities for financial and non financial entities including detailed reconstruction of transactional records and appropriate reclassification, identification of control weaknesses and recommendation of appropriate corrective actions. Regulatory examination coordination Options backdating investigation Negotiation coaching for regulatory matters At Chase Mr. Matthews started in the audit area and after serving as audit manager in several areas he participated in the formation of the first regulatory compliance audit group in a major financial institution. He subsequently played a major roll in the formation of the first regulatory compliance department in Chase. He held positions including Vice President, Manager Internal Control, Compliance and Corporate Policy and Standards where he directed development, implementation and administration of key corporate internal control policies and practices, including:  He managed the Corporation’s overall regulatory compliance activities including: Consulting to Corporate and Business Units regarding regulatory, internal control and accounting aspects of new product development Coordinating audits and regulatory examinations bank wide Identifying, analyzing, and disseminating regulatory information to appropriate business and functional units Initiating comments on regulatory proposals and ensured responses accurately reflected the Corporation’s position on regulatory developments Developing and implemented corporate regulatory policy Reduced staff by 50% He also controlled authorization for non-credit signature authority and for access to the Corporation’s assets.

Robert J. Matthews