Arnie Scher

Current

• Director at BDO Consulting a divison of BDO Seidman, LLP

Past

• Director Professional Services at Actimize
• Vice President - Compliance Manager at JPMorganChase
• Vice President SWIFT Technology at Cross Border Exchange

• Consultant at SIAC
• Consultant at DTC
• President at Jade Information Systems Inc
• Consultant at Merrill Lynch
• Consultant at MHT
• Senior Vice President at Management Technologies
• General Manager at BIS
• Marketing Rep / Systems Engineer at IBM
• Engineer at IBM

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Education

• New York Institute of Technology
• Brooklyn Technical HS

Recommended

3 people have recommended Arnie

Connections

500+ connections

Industry

Banking

Arnie Scher’s Summary

Experienced Executive in compliance risk, technology planning and implementation in the Banking, Securities and Software Development Industries. Skilled at leading teams of business and systems professionals in defining, designing and developing compliance, wholesale international banking, trading, and communications systems. Proficient at full life cycle project management; team building; business development; short and long term strategic planning. Additional strengths include full P&L responsibility and extensive marketing and sales experience.

Arnie Scher’s Specialties:

Anti-Money Laundering, SWIFT Systems, OFAC, Patriot Act, Payment & Settlement Systems, High Value Payment Systems, Software Development Processes, Banking Automation

Arnie Scher’s Experience

• Director

  BDO Consulting a divison of BDO Seidman, LLP

  (Public Company; 5001-10,000 employees; Banking industry)

  September 2007 — Present (2 years 4 months)

  Advising and helping Clients with issues of Anti-Money Laundering, Enforcement Actions, AML Technology and External Reviews

• Director Professional Services

  Actimize

  (Privately Held; 51-200 employees; Financial Services industry)

  October 2006 — March 2007 (6 months)

• Vice President - Compliance Manager

  JPMorganChase

  (Public Company; 10,001 or more employees; JPM; Financial Services industry)

  2001 — 2006 (5 years )

  Compliance Manager
  Developed Global Anti-Money Laundering System (AML)
  Wire Expert
  SWIFT Expert

• Vice President SWIFT Technology

  Cross Border Exchange

  (Privately Held; 11-50 employees; Financial Services industry)

  March 2000 — October 2001 (1 year 8 months)

  Specified and Developed Products for:
  Payments
  Global Custody
  Trade Settlement

• Consultant

  SIAC

  (Information Technology and Services industry)

  1990 — 2000 (10 years )

  Integrated SWIFT Technology into NYSE trading system
  NY Window development & implementation

• Consultant

  DTC

  (Information Technology and Services industry)

  1990 — 2000 (10 years )

  Integrated SWIFT technology into the institutional trade settlement system.
  Worked on Trade Matching system for institutional trades.
  Worked with SWIFT on the development of the MT5xx ETC class of messages.

• President

  Jade Information Systems Inc

  (Privately Held; 11-50 employees; Information Technology and Services industry)

  1985 — 2000 (15 years )

  Executive
  Management Consultant
  Software Development
  Software Support

• Consultant

  Merrill Lynch

  (Public Company; 10,001 or more employees; Information Technology and Services industry)

  1985 — 1998 (13 years )

  Developed and implemented FX and Fixed Income trading platform and backend trade processing, accounting and automated trade reconciliation systems.

• Consultant

  MHT

  (Public Company; 10,001 or more employees; Information Technology and Services industry)

  1974 — 1995 (21 years )

  Developed and implemented FX trading platform and backend trade processing, accounting and automated trade reconciliation systems.
  Implemented and integrated SWIFT technology into the banks payments systems. Developed and integrated automated CHIPS technology into the banks payments systems. Designed & developed the banks automated large value payments system.

• Senior Vice President

  Management Technologies

  (Information Technology and Services industry)

  1980 — 1986 (6 years )

• General Manager

  BIS

  (Information Technology and Services industry)

  1978 — 1980 (2 years )

• Marketing Rep / Systems Engineer

  IBM

  (Public Company; Information Technology and Services industry)

  1972 — 1978 (6 years )

• Engineer

  IBM

  (Public Company; Information Technology and Services industry)

  1968 — 1972 (4 years )

Arnie Scher’s Education

• New York Institute of Technology

  BSEE , Electronic Engineering , 1963 — 1968

• Brooklyn Technical HS

  Electronics 1959 — 1963