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Tom Clark

Tom Clark is a senior and innovative Risk and Compliance Management Expert. He was previously the Head of Operational Risk at OpenWealth – Citi, now  Genpact where he was in charge of risk strategy and development and proactively monitoring the legal and regulatory environment. At Citi Tom worked with a team of legal, Compliance and Governance professionals to put in place operational & regulatory improvements in order to increase the effectiveness of the control environment within the business. He also played a key role in effectively managing and resolving complex compliance issues including CASS6 and CASS7 events. Tom was also the founder and owner of Tom J. Clark Consultancy Limited, an expert risk consultancy firm. Some of the firm’s key achievements include acquiring sign-off for a ‘non-standards’ approach to client money reconciliations, pioneering a new governance structure to negotiate and manage escalated issues from commercial clients, and establishing a new and innovative Operational Events (Breaches and Incidents) process. His previous roles include more than eighteen years of experience at the Royal Bank of Scotland during which he acquired an expert knowledge of the financial and banking systems. This included roles such as Financial Planning Consultant (1993-1998); Training and Development Manager (1998-2002); Private Banking Manager (2002-2005); Regulatory Risk Manager (2005-2007); Regulatory Monitoring Manager (2007-2011). As Compliance Manager at Aegon (2011- 2012) he played an active role in key compliance projects covering the Retail Distribution Review (RDR), Regulatory Reporting, Pension Reform, and was also responsible for establishing a Compliance Risk Universe and helping set-up the Compliance Assurance team.

Tom Clark developed strong skills in Risk Management, Operational & Regulatory Risk, AML and Client Money & Asset (CASS) regime, he also has a deep knowledge in Compliance, Banking, Investment, Assurance. He knows how to manage Enterprise Risk, Portfolios. His skills include also Retail Banking, Corporate Governance, Private Banking and Financial Planning.

He has an Advanced Financial Planning Certificate from the Chartered Institute of Insurance (1998), an IPD Certificate in Training Practice from the Glasgow College of Commerce (2002), a Certificate of Mortgage Advice & Practice from the Institute of Financial Services (2004) and an Advanced Certificate in Regulatory Risk and Compliance from the Manchester Business School (2011).