>> Hi, my name is Stewart J. Anderson
and I am a Business Consultant.
Basically what I do is I go in
and serve companies in a way
that I help them create solutions to
whatever their business problems are
so that could be a multitude
of things and a number
of different I guess business
divisions or whatever.
But right now I'm helping the Bank of
America out with anti-money laundering.
And it's very fascinating field in
financial services and I think if you look
at all the regulations, banking financial
regulations that's coming out of Washington,
D.C., if you look at what happened
with the financial collapse,
you can see how something like
this would be very serious.
As a matter of fact I got called by another
financial institution not too long ago
who got levied with an $850 million fine because
they didn't have certain procedures in place.
And that's where guys like I come in
to kind of like help alleviate some
of those risk management deficiencies.
A typical day, you know, basically I get in,
you know, check my computer, find out exactly,
you know, what is some of the issues for today?
Find out basically what kind of cases that I
need to take a look at to analyze and figure
out if the bank really needs
to close these relationships.
And what we do is we don't really close,
how can I say, a bank account per se.
We close the entire relationship.
So whenever we suspect some kind of foul play,
you know, that could be, you know, a mortgage,
a commercial loan, savings account,
bank account, what have you,
we close the entire relationship
with that entity.