Simon Chang

To add value by providing professional legal/compliance solutions leveraging my knowledge, skills, and experiences in BSA/AML/OFAC, bank regulations, corporate compliance/governance, contracts, investigation, litigation, and/or securities.

Deputy Head of Compliance | BSA & OFAC Compliance Officer | Deputy Data Privacy Officer | VP - SHANGHAI COMMERCIAL BANK, LIMITED, NEW YORK BRANCH - New York, NY

(2025-06)

• Streamline processes on risk-basis to leverage resources more efficiently. Complete annual BSA/AML/OFAC risk assessments; review new/existing customers' new account opening applications and assess their risks before account opening; conduct regulatory change assessments to evaluate impact and readiness; evaluate P&Ps to identify and address gaps or inconsistencies; perform second-level review of escalated TM and filtering alerts dispositions/reporting; draft/enhance uniform inter-branches KYC Ch
• SARs, FinCEN 314a true matches, Branch Compliance Committee Minutes, reports to Head Office, and reports of ad-hoc management-level projects.
• Respond to Internal Auditor; engage/collaborate with and respond to External Auditors: complete remediation efforts per their recommendations.
• Provide advisories/training; lead ad-hoc projects to address KYC-CDD-CIP related issues by collaborating cross-departments and branches, etc.
• Serve as the trusted point-of-contact for BSA/AML/OFAC matters during regulatory examination; hold meetings with the regulator, complete remediation efforts per regulator's recommendations.
• Mitigate legal risks. Interpret and explain laws/regulations in layman's terms; draft/revise NDAs, ELs, and SoWs; respond to subpoenas and other legal matters; collaborate/engage with/manage external counsel.
• Safeguard bank/customers data and enhance required data transparency. Collaborate with IT/IS on projects related to data (i.e., adopting to SWIFT-MX via MT platform, model enhancement/replacement of core banking system) and data privacy, etc.

Contract Attorney - CONSILIO SERVICES, LLC - New York, NY

(2024-10 - 2025-03)

• Selected based on stellar work performance and performed legal review in English and Chinese in connection with a cybersecurity/risk management investigation for/on a major U.S. media platform corporation.
• Performed legal review in English and Chinese by making calls on responsiveness, factual issues, privileges, confidentialities, redactions, key document, etc. for a major U.S. media platform corporation in connection with a compilation of product liabilities/personal injuries cases against the corporation.
• Trained on and performed redactions based on Stored Communication Act, personally identifiable information, and investors' information.

Compliance Officer | VP - CTBC BANK CO., LTD., NEW YORK BRANCH - New York, NY

(2023-10 - 2024-07)

• Performed QC on quarterly AML TM tuning exercises to ensure the relevant parameters of the selected rules are tuned at the appropriate thresholds.
• Performed review, searches, and drafting of narratives in connection with monthly alerted AML TM activity cases (i.e., wires, ACH, checks, syndicated loans, bi-lateral loans, transfers, and trade finance) via POS, Dow Jones and internet with CDD forms and other onboarding documents and data.
• Mitigated sanctions risk of technology-export controls by considering internally created lists--Russia-Friendly Countries List, Controlled Goods List, and Suspicious Intermediaries List—when dispositioning AML TM cases.
• Performed second-level review and disposition of trade finance activities alerted and escalated to compliance; and of negative news alerts triggered by nightly Customer Database Check screening (CDC).
• Performed 314a searches, review of related alerts, and their dispositions.

Regulatory Compliance Department Co-Manager| Sr. Compliance Officer | VP - SUMITOMO MITSUI TRUST BANK (U.S.A.) LIMITED - Hoboken, NJ

(2022-08 - 2023-07)

Co-managed, implemented, and enhanced the Bank's regulatory compliance programs (BSA/AML/OFAC and Regulatory/Corporate Compliance).

• Conducted Annual Regulatory/Corporate Compliance Risk Assessment, removed customer(s), product(s)/service(s), and/or jurisdiction(s) no longer deemed applicable, and strengthened the corresponding control(s); managed the implementation of the Bank's annual compliance plan involving various internal controls (i.e., KYC/CDD/CIP/BO, AML TM monitoring, watchlist/adverse media/OFAC screening, tuning, vendor due diligence, gifts & entertainment (to customer) check, insider trading review, etc.); manag
• Served as Secretary of the Regulatory Compliance Committee, hosted/presented quarterly meetings, drafted and submitted quarterly regulatory compliance committee reports and semi-annual compliance reports (to Parent Bank).
• Collaborated with internal stakeholders (i.e., senior management, QA members, internal auditor); engaged with external consultants to perform model validation.
• Coordinated and assigned training sessions of topics including BSA/AML/OFAC, Regulatory/Corporate Compliance, Legal, etc.; provided real-time advisories to compliance-related inquiries.

Chief Compliance Officer | BSA Officer | OFAC Officer | Compliance Counsel - TAIWAN COOPERATIVE BANK, NEW YORK BRANCH - New York, NY

(2016-10 - 2022-08)

Successfully managed and progressively enhanced the Branch's compliance programs (BSA/AML/OFAC and Regulatory/Corporate Compliance) as reflected in the three reports of regulatory examination (ROEs).

• Conducted annual risk assessments, identified areas where the residual risks are high or medium, and addressed the risks by recommending either phasing out certain customer(s), product(s)/service(s), or jurisdiction(s)), or strengthening the corresponding control(s); drafted Branch's annual compliance plan; maintain and periodically update the inventory of regulatory requirements for controls; managed regulatory change assessments to evaluate impact and readiness; submitted reports periodically
• Co-managed VMP; engaged with third-party service providers (TPSPs), including selection, DD (including price check, watchlist /adverse media /OFAC screening, conflicts check, receipt of gifts & entertainment check, etc.), contract review/negotiation/restructuring, for independent testing; performed remediations per TPSPs' findings/observations/recommendations.
• Provided live compliance/legal training/advisories on BSA/AML/OFAC, banking laws and regulations (i.e., GLBA, ECOA, Reg B, TILA, Reg O, FCRA, SCRA, FDPA, etc.), and corporate compliance topics; and
• Served as the primary point of contact with the Regulators at all time including during regulatory examinations; reported any significant changes with the Bank/Branch; performed remediations per Regulators' findings/observations/recommendations.
• Handled subpoenas; provided contract review and legal advisory support to engagement with TPSPs on issues concerning NYDFS 504, NYDFS Part 500, cybersecurity regulations, vendors' lease agreement, SaaS agreements, etc.

Principal Attorney - LAW OFFICE OF SIMON CHANG - Flushing, NY

(2012-11 - 2016-09)

Founded and managed an independent law firm in New York handling all aspects of business operations, client relations, and legal services.

• Investigation and litigation in connection with NY BCL §624(b) demand, derivative action, misrepresentation, fraud, breach of contract, breach of fiduciary duties, etc.
• Chapter 7 Bankruptcy cases
• Landlord-tenant cases
• Purchase/sale of small business transactions
• Commercial real estate lease negotiations
• Corporate/business transactions

Contract Attorney | Legal Consultant - PERKINS COIE - New York

(1999-11 - 2012-10)

Performed legal review of corporate documents by seeking evidence of breach of contract, support of client's claims, defenses, and counterclaims, and nonlegal, business considerations in connection with a commercial litigation lawsuit involving incidents and events related to a telecommunication project conducted jointly among a foreign government, foreign telecommunication corporations, and a major U.S. high-tech corporation.

Contract Attorney | Legal Consultant (2yrs+10mos as Project Team Lead) - HURON CONSULTING GROUP - New York

(1999-11 - 2012-10)

Supervised 11 contract attorneys by performing QC and QA of their legal reviewed work products in connection with a FCPA internal investigation on a major US cosmetic corporation led by Simpson Thacher & Barlett LLP. Separately, reviewed corporate documents seeking evidence of fraud, misrepresentation, and/or omission in connection with the underwriting standards of a mortgage-backed securities litigation case.

Contract Attorney | Legal Consultant - TRANSCEND INFORMATION INC. - New York

(1999-11 - 2012-10)

Successfully defended a major foreign technology company from product liability claims by a major U.S. retail supply chain, which resulted in a dismissal with prejudice.

Contract Attorney | Legal Consultant - PRYOR & CASHMAN LLP - New York

(1999-11 - 2012-10)

Performed legal review of and searches on corporate documents of a NYSE-listed foreign pharmaceutical company charged with accounting irregularities and Rule 10b-5 violation.

Contract Attorney | Legal Consultant - BDO SEIDMAN LLP - New York

(1999-11 - 2012-10)

Performed EDD on cases involving wires via correspondent bank accounts opened at a major U.S. bank by performing searches on parties via Google, Dogpile, and World Check to determine whether SAR filing was warranted per BSA/AML/OFAC laws and regulations.

Contract Attorney | Legal Consultant - KIRKLAND & ELLIS - New York

(1999-11 - 2012-10)

Performed antitrust anti-competitive and privilege reviews and maintained privilege logs per DOJ's Merger First & Second Requests.

Contract Attorney | Legal Consultant - GIBSON DUNN /CADWALLADER - New York

(1999-11 - 2012-10)

Performed legal review of FCPA Internal Investigation of a major US technology corporation.

Contract Attorney | Legal Consultant - WEIL GOTSHAL & MANGES LLP - New York

(1999-11 - 2012-10)

Performed legal review in connection with a patent infringement litigation case.

Contract Attorney | Legal Consultant - WILLKIE FARR & GALLAGHER - New York

(1999-11 - 2012-10)

Performed legal review in connection with an internal accounting irregularities investigation.

Contract Attorney | Legal Consultant - PFIZER - New York

(1999-11 - 2012-10)

Performed legal review for its internal product liability investigation.

Contract Attorney | Legal Consultant - SILLS CUMMIS & GROSS P.C. - New York

(1999-11 - 2012-10)

Abstracted key information from commercial real estate leases in connection with a commercial real estate transaction.

Contract Attorney | Legal Consultant - BERNSTEIN LITOWITZ BERGER & GROSSMANN LLP - New York

(1999-11 - 2012-10)

Performed legal review by making calls on responsiveness, issues, and privilege(s) in connection with the prosecution of a class action securities litigation/accounting fraud case.

Contract Attorney | Legal Consultant - MCMAHON, MARTINE & GALLAGHER LLP - New York

(1999-11 - 2012-10)

Handled insurance defense cases by attending status conferences, conducting legal research, analyzing case files, and communicating with insurance adjusters and counsels.

Contract Attorney | Legal Consultant - MORGAN LEWIS & BOCKIUS LLP - New York

(1999-11 - 2012-10)

Performed legal review by making calls for responsiveness, issues, and privilege(s), and drafted responsive letters to plaintiffs in connection with a commercial class-action lawsuit.

General Counsel - PRESIDENT TRADING USA, INC. - Ontario, CA

(2002-01 - 2005-04)

Managed all legal and compliance matters related to the import and distributing business, ensuring compliance with laws and regulations, and mitigating legal risks, including advising senior management on sales of goods transactions, bad debts/non-payments; negotiating/restructuring real estate leases and third-party contracts; and managing outside counsels on matters including employment litigation involving FLSA and California employment laws and regulations.

Certificate - Securities Law Certificate - CORNELL UNIVERSITY LAW SCHOOL (2025-04)

Doctor of Jurisprudence - Corporate/securities/commercial/antitrust law - UNIVERSITY OF CONNECTICUT SCHOOL OF LAW (1999-05)

Bachelor of Science - Business Administration - UNIVERSITY OF CALIFORNIA (1995-06)