Timothy R. Burniston joined Wolters Kluwer Financial Services as vice president and senior director of the companys Risk & Compliance consulting practice in December 2011. He works directly with compliance and risk management executives to help them more effectively navigate an increasingly-complex regulatory environment under the Dodd-Frank Act. He does so drawing upon his experience leading compliance examination programs for more than 35 years at the Federal Reserve Board (Fed), Federal Deposit Insurance Corporation (FDIC) and Office of Thrift Supervision (OTS). Prior to joining Wolters Kluwer Financial Services, Burniston was a senior associate director with the Federal Reserve Boards Division of Consumer and Community Affairs. While with the Fed, he was tapped by the U.S. Department of the Treasury to help develop the new Consumer Financial Protection Bureaus large depository institution examination program. Burnistons main responsibilities at the Fed included monitoring and evaluating its consumer compliance examination and fair lending enforcement programs.Burniston began his regulatory career as an analyst and consumer compliance examiner with the Federal Reserve Bank of New York in 1977 and joined the Feds Division of Consumer and Community Affairs shortly thereafter. Burniston left the Fed in 1988 to establish the compliance examination program at the OTS. In 2000, he joined the FDIC to oversee a major redesign of that agencys consumer compliance examination program. He returned to the Fed in 2005. In addition, Burniston earned an undergraduate degree from Gettysburg College and an M.B.A from George Washington University. He is a Certified Regulatory Compliance Manager (CRCM), and served on the CRCM Advisory Board of the Institute of Certified Bankers.
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