RICHARD QUAMINA, CPA

302 Tetra Court Glen Burnie, MD 21061 Email:rq10ac0c2@westpost.net (

Tel: 443) 618-9428
ACCOUNTANT - AUDITING SPECIALIST
SUMMARY OF QUALIFICATIONS:
More than 17 years of experience performing audits in the financial services in
dustry. Experienced in providing audit and compliance services to investment co
mpanies, banking, technology, energy services and non-for profit companies as a
consultant.
Experienced in preparation of Sarbanes-Oxley (SOX) Section 404 and developing p
rocedures for 10Q, 10K and other regulatory filings. Developed methods to recogn
ize gains and losses on derivative product activities.
Demonstrated ability to interpret FASB pronouncements (i.e., FASB 114, FASB 133
, FASB 91, etc.), reviewing accounting transactions and verifying the accuracy o
f financial statements.
Demonstrated ability to handle multiple tasks as a team leader, providing motiv
ation and training and leading by example. Utilize sound judgment when making d
ecisions. Enthusiastic, clear and concise. Good listener.
Skilled in using MS Word, Excel, and Visio flowcharting program, as well as Tea
mMate, Oracle, PeopleSoft, Metavante Loan and Trust Systems.
Able to develop a companys audit plan in terms of risk assessments, developing
audit programs for new audit and knowing how to evaluate lending, deposit, trust
and investments activities to ensure compliance with all applicable regulations
.
PROFESSIONAL EXPERIENCE:
VP & AUDIT MANAGER September 2 2008 November 2010
K BANK Owings Mills, MD
K Bank is a full service community bank providing deposit, consumer, real estate
construction and commercial loans. The Bank has over $600 million in assets.
Responsible for the overall management of the audit function, and reporting to
the Audit Committee on the results of audit findings.
Responsible for performing the annual risk analysis for the audit plan, assisti
ng the external auditors, and participating in various projects as the need aris
es.
Developed procedures for the audit function and established a risk based audit
approach that streamlined the audit process, and provided a more valuable added
service to the business units.
Reduced the number of audit findings that went unresolved by interacting more w
ith business unit managers to resolve issues.
INTERNAL AUDIT PROFESSIONAL August 2004 November 2007
JEFFERSON WELLS Vienna, VA
Consulting company operating nationwide and overseas with more than 2,000 employ
ees providing professional services in the areas of internal audit, technology r
isk management, tax, and finance and accounting.
Performed operational, compliance and financial audits and accounting services
in areas such as banking, investment, energy, and non-for profit organizations;
verified SOX Section 404 compliance.
Saved client from regulatory criticism by identifying violations of specific SE
C and NASD rules and regulations.
Initiated procedures for a company to properly calculate and recognize the gain
s and losses on derivative product activities resulting in recalculation and adj
ustments totaling $298,000.
 Performed deposit audits at two clients and identified non-compliance with vari
ous deposit regulations (i.e., Regulation CC, Regulation DD, Regulation Q, Unifo
rm Commercial Code, Article 3&4, and Regulation E etc.,).
AVP & AUDIT SUPERVISOR January 1998 July 2004
RIGGS BANK Washington, DC
National bank with more than $6 billion in assets. Later merged with PNC Bank.
Managed operational, compliance and financial audits including treasury (asset/
liability management), investment advisory, brokerage, trust services (personal,
institutional and trust real estate), employee benefit plans such as pensions,
401K and ESOP plans, and other banking operations.
Assisted Project Manager in Sarbanes-Oxley implementation. Reviewed, evaluated,
and documented various key business processes and controls using the Visio flow
charting program, and reporting exceptions to area management.
Worked with the Oracle Profitability Project team to adopt methodologies to all
ocate service costs to the various business line departments.
SENIOR AUDIT OFFICER March 1989 January 1998
NATIONSBANK Baltimore, MD
Regional bank with more than $140 billion in assets. Later merged with Bank of
America.
Conducted financial and operational audits relating to consumer, commercial loa
ns including commercial real estate, trust services, payroll, wire transfers, AC
H and deposit services, as an In-Charge Auditor.
Saved employer both financial loss and regulatory criticism through early dete
ction of major discrepancies in interest rates, fees listed on the loan system a
nd inappropriate use of general ledger accounts.
Discovered non-compliance practices with deposit account regulations (i.e., Tru
th in Lending, Truth in Savings), Flood Protection Disaster Act, the Real Estate
Settlement Procedures Act (RESPA), and the Home Mortgage Disclosure Act.
Accountable for reviewing system integration and user acceptance testing over t
he conversion of new systems. Provided recommendations to project management to
improve processes and address control weaknesses.
EDUCATION AND TRAINING
BACHELOR OF BUSINESS ADMINISTRATION: ACCOUNTING
BERNARD BARUCH COLLEGE New York, NY
Professional Development
Audit Planning
Implementing GAAP
Update on FASB Interpretations
CPA Ethics & Leadership
PROFESSIONAL AFFILIATIONS
American Institute of Certified Public Accountants
Institute of Internal Auditors
National Association of Black Accountants