REGULATORY & Contract Compliance ANALYSIS Consultant

  • IU Health- West Patient and Family Advisory Counsil
  • Real Estate Title Abstracting
  • Networked with other professionals
  • Ball State University 2013 Tidewater Community College 2001
  • Limited-edition achievement recognizing early members of Workfolio
  • Valentina Research & Management
  • Endorsed by co-workers or clients
  • Local school volunteer IPA Annual Christmas Charity Hendricks Co Sheriff's Shop With Cop AM Vets

Need Compliance Help?  Use the form below

Lisa Marie  Waugh
Thank you for visiting my website! Here you will not only learn about me, Lisa Marie Waugh,  but the legal and compliance industries as well.

Highlights of Compliance Analysis Consulting Services

Compliance Policy and Operational Research & Analysis
Is your company compliant ?

Let’s look at your present Compliance Program:
*Are you aligned with the FSGO Compliance Elements?
*Are you aligned with the industry best practices?
*How easily can your systems be hacked?
*Could your company pass one of my impromptu onsite visits?

Risk Management- strategic collaboration and analysis

Let's Assess and search deep for where your company is heading:
*What are the goals?
*Where is the company at right now?
*Where are the strengths?
*Where is the vulnerability?
*
Who are your vendors?
*Who are your employees-High turn over?

Legal Drafting-Contract Administration

The Research, Analysis and Drafting (redlining/negotiating) of:
*Briefs
*Policies
*Contracts
*Executive Summaries
*Abstracts
*Transactional

Paralegal Work: Don't hire that one  just yet!  Don't let  your clients  sign yet! Let's see if I can help on a freelance scale

*Legal Research: Case, Statute, Agency
*Background Research (Industry, Topic, Case)
         *Need help analyzing and compiling data on Legally required registered brokers?
         *Getting ready to get on the hook with the wrong broker? Did you do the research on them? "Babyboomer"  or are your clients getting overwhelmed with all the information the broker is flooding you with?
*Client Management
*Contract Analysis, Negotiating/Redlining
              READ BEFORE YOU SIGN- Yes the fine print. I know you may not enjoy reading or drafting a 250 page contract with size 10 font, but I do! 


                                       Specialty Areas
        * Contracts
        * IT
        * Procurement
        * Lending (Mortgage and Educational Lending)
        * Energy Industry
        * Agricultural Industry (EPA, DOA, CWA)
        * Healthcare Industry

                * SOX
                * Dodd-Frank
                * PII, PCI, PHI, HIPAA
                * Vendor Compliance
                * HUD (42 USC 61)
                    *RESPA
                    *URA
                    *Escrow Management
                    *Mortgage Application verification
                * SSAE 16 
                * AML/BSA 
                * Cutting Costs (that is for real not a slogan)

 
                                        Why Me? 

 I sought out the compliance field. I worked hard gaining the education and experience it takes to ensure employees are abiding by policies and regulations and that companies are on the right path even if there is a self reporting event. It is imperative to not only have a compliance program, but to have a working one- to ensure it is working. I take pride in my  hard work and producing results that helps other people and companies. I also enjoy the analysis and collaboration of identifying, anticipating and resolving problems. I want to know where things are going wrong and resolving to fix them and combining that with  my ability to work autonomously and as a team ember really pushes a project forward and on point. I'm a forward thinking, strategic and analytical professional endeavoring to establish companies on the path to ethical business practices, ingenuity, and progress while aiding in corporate responsibility and thus an overall better place for us to live and work. 
 
Did you know that proving you have a working compliance program and a business culture of transparency and compliance you will lessen the blow if something does go wrong? For example,  a employee accepting kickbacks for contract awards with your company. Is this a "rogue employee" or is the corporate culture being cultivated by managers beefing numbers and personal gain right under your nose? If it is the latter you have a more serious problem than if it were just rogue employee and regulators don't shy away from presuming it is the latter. Yet, having a Compliance Consultant on your side for analysis and consult, as well as strategic risk management will even further lessen the chances of things going wrong.   

Finally, we all know the bottom line guides the path for a lot of companies and I have proven to cut costs right at the source through vendor contracts and through ensuring compliance and risk management strategies. The concept of compliance departments and requirements of  being  expenses is a fallacy. Compliance saves companies big and small money in vast areas- more than any other department.

 My Education and Training

My legal academe began at Tidewater Community College in Virginia Beach, Virginia wherein I earned two Associate degrees in Legal Assisting (aka Paralegal Studies ) in 2001. One of my degrees is tailored to General Practice and the other is concentrated in Litigation.

After the financial crisis of 2007-2008 a few years of working as a Paralegal, I wanted further my knowledge base and open up more opportunities, as being a Paralegal at Eli Lilly really opened up the world to me! I enrolled and graduated from Ball State University with a Bachelors of General Studies degree with minors in Criminal Justice & Criminology and Consumer Finance. At Ball State, I was able to combine the criminal justice, criminology and consumer finance degrees to concentrate on the  study of white collar crime, as well as developing an interest in community policing and anthropology. My research and writing was used as a marker to grade other students papers in my Anthropology course; yes I am that good.  

Towards my  graduation from Ball State in 2013, I wanted to get advanced and specific education in regulatory rules and corporate laws, as I wanted my career to be concentrated in  oversight areas to work with companies to ensure their compliance to help in some way to prevent another financial or branding disaster. Through the SCCE (Society of Corporate Compliance and Ethics) I found  the MJ (Masters of Jurisprudence) Program at Widener University School of Law. I was accepted in to the rigorous program. I completed regulatory compliance concentrated program on 7.22.15  and have now earned my Masters of Jurisprudence in Corporate and Business Law and my certificate in Regulatory Analysis and Compliance.  

My Experience and Expertise

 While all  of my career experience has been in a legal capacity of  Paralegal, Contract Administrator or Analyst, I began my legal career  as legal receptionist/administrative assistant at a bankruptcy law firm (Roussos, Langhorne and Carlson, PLC) in Norfolk, Virginia. My introduction into the legal field there was enlightening and  inspiring, as the partners of the firm were some of the best people I have ever worked with! Of course, it was L. Richard Padgett, Jr. who gave me my first opportunity as a paralegal in the real estate industry. I went from a green horn to managing residential real estate closings from the purchase agreement to disbursement. I can even balance a settlement statement manually- yes as in no software required (ok an adding machine will do). 

As my career experience and education  advanced, I have been fortunate to have worked for some of America's largest and most influential in their industries such as  Eli Lilly & Co. (the global pharmaceutical company that developed Prozac® and CIALIS®) , JPMorgan Chase (from one of the Robber Barron's to our country's largest financial institution- also on a daily competition with Bank of America for this title), Sallie Mae, Inc. (America's favorite student loan lender), as well as Franciscan Alliance, Inc. ( A Catholic not for profit health care organization servicing the Midwest) as contractor in the capacities of Paralegal, Quality Analyst, and Contract Administrator.  Again my research and legal writing were put to the test wherein I had to draft a vendor compliance policy program for SME (subject matter experts) and Business Owners to use for their vendors that were law firms from scratch.  It surpassed expectations and was displayed against fellow colleagues who were lawyers.  

Finally, as a former  PFAC member for IU Health West Hospital on  a two year term, I worked with executives and other members on various program implementation, compliance and quality assurance issues. 

  

Proudest Accomplishment

Becoming a Mother

Experience Highlights

  • Compliance, Regulatory Affairs & Contract Administration Consulting
    See contact information
  • Contract Administrator
    Franciscan Alliance, Inc. via Beacon Hill Legal
  • Patient Family Advisory Committee (PFAC)
    Indiana University Health- West Hospital
  • Contract Administrator
    Navient Solutions/f.k.a  Sallie MAE Bank via SMart-IT
  • Managing Director
    Valentina Research & Management LLC
  • Quality Analyst
    JPMorgan Chase
  • Paralegal
    Eli Lilly and Company
  • Paralegal
    Spotts Fain PC
  • Paralegal
    OPN Law (Osterhoudt, Prillaman, Natt, helscher, Yost, Maxwell & Ferguson)
  • Paralegal
    l. Richard Padgett, Jr., PC

Education Highlights

  • Master of Jurisprudence in Corporate and Business Law w/ Cert. in Regulatory Analysis & Compliance
    Widener University School of Law
  • BGS, Consumer Finance & Criminal Justice Criminology
    Ball State University
  • AAS, Legal Assisting- Litigation
    Tidewater Community College
  • Associate of Arts and Sciences (AAS), Legal Assistant/Paralegal: General Practice
    Tidewater Community College

Causes

  • Advisor
    IU Health West PFAC
  • Hendricks County Faternal Order of Police 132
    Shop With A Cop
  • Environmental Protection
    Return of the Small American Farm

Interests

  • Environmental Law
    Real Estate Law
  • Corporate Law
    Compliance
  • Constitutional Law
    International Law
  • Information Technology
    Innovations, Forward thinking, Training & Educating Others
  • The Healthcare Industry
    Oversight & Compliance
  • Intellectually stimulating people
    Philosophy
  • Creative writing- I am slowly working on my novel
    Travel
  • International Folklore
    generational stories from other countries
  • Hiking
    Gardening (I can grow anything-Honey!)
  • Volunteering with little ones and the older ones
    Doing whatever I can for my American Heroes

Skills

  • Legal Writing
    12
  • Legal Compliance
    12
  • Bookkeeping
    5
  • Excel
    13
  • Word
    13
  • Writing
    20+
  • Business Management
    3
  • Teamwork
    20+
  • Research
    15
  • Real Estate
    10
  • Risk Management
    1
  • Analysis
    15
  • SAP
    2
  • Contract Negotiation
    3
  • Documentation
    15
  • Insurance
    1
  • Data Analysis
    12
  • Accounts Payable
    15
  • Legal Support
    12
  • Legal Documentation
    12
  • Tax Preparation
    1
  • Title Insurance
    3
  • Contract Review
    12
  • Entity Formation
    2
  • Entity Framework
    2
  • Document Management
    10
  • Contract Development
    12
  • Escrow Management
    2
  • Settlement management
    2
  • Real Estate Title Analysis
    3
  • Legal Research
    12
  • Closing
    2
  • Lease Administration
    3
  • Commercial Lease Drafting
    1
  • Skip Tracing
    1
  • Criminal Justice
    3
  • Judgment research
    3
  • Small Business
    3
  • Business Intelligence
    3
  • Consumer Finance
    2
  • Consumer Law research'
    12
  • Real Estate Transactions
    2
  • Real Estate Disbursement Manag
    2
  • Paralegal
    12
  • Payroll Processing
    1
  • Account Management
    3
  • Accounts Receivable
    15
  • Account Reconciliation
    3

Questions & Answers

What is compliance?
Adhering to the laws, rules and policies. This is achieved through maintaining the highest standards in not just your professional life but your personal life, as well. Integrity is everything.

While it sounds like a cliché, it is true that the tone for a company is set at the top and you know that they say about things rolling down hill- they do.


Pressure to Produce will cause Compliance violations

In expanding on micromanagement and the pressure to produce is one of the leading causes of compliance and ethics violations.

What is this SOX all about?
SOX is the acronym for the 2002 Sarbanes Oxley Act. The Act is a direct result of the Enron Scandal (news clip is in the Resources Section). SOX is an act that put Corporate America in the mainstream legal hot seat with all kinds of regulations that when violated will result in expensive fines, criminal and civil penalties. While SOX was geared towards only publically traded companies the financial industry and its regulators see most of the provisions to be applicable to all companies as a form of ethical business  practices (e.g. Best Business Practices).  Some of the main points are that a CEO must certify financial reports as to their accuracy; there must be an audit of the records and systems and this time the auditor is banned from doing other work for the company being audited (the auditor is only there to do the audit), and of course there must be a compliance program.  The best way to think of SOX is this- even if you are not a publically traded company (i.e. a private company) you better have a working compliance program and ethical business practices.

.

Who is Dodd Frank?

Dodd-Frank isn't a person, but yet another financial industry compliance act implemented in 2010. It is a direct result of the 2008 financial crisis.
In looking at Dodd-Frank and comparing it to SOX, Dodd has more of a consumer or tax payer protection focus. For one The CFPB (Consumer Financial Protection Board) was formed with this Act. And lets look at section 165. It requires large financial institutions to file annual reports that provides the plans for their institution to be liquidated in a "rapid and orderly fashion"  to avoid any harm to or bail out from the American taxpayer. In the event they are unable to do so in such plan (as regulated or determined by the Fed and FDIC) then they will need to simplify their plan or liquidate assets to do so.  That is a tall order for large financial institutions but paves the path of transparency and protection for the American market place and tax money.

What is the CFPB?

The Consumer Financial Protection Bureau. A wonderful place to begin before you do anything with your money or credit or if you are having issues with a creditor.

Gramm Leach Bliley Act (aka GLBA aka Financial Services Modernization Act of 1999)
  • Repealed the Glass–Steagall Act which prevented a financial institution from functioning as a bank, insurance company and an investment firm and the conflict of interest provision that kept an officer of one of those such companies from being employed simultaneously in the consolidated or one of  new ones.
  • While GLBA allows for the option to consolidate the placement  and workability of consumers money and other intangible assets, it prohibits the disclosure of their personal financial information via The Financial Privacy Rule
  • GLBA also requires financial institutions and any companies to ensure safeguards to such information via The Safe Guard rule. 
  • ATM Fee Disclosure
  • http://business.ftc.gov/privacy-and-security/gramm-leach-bliley-act 
  • Full law here it is only 145 pages: http://www.gpo.gov/fdsys/pkg/PLAW-106publ102/pdf/PLAW-106publ102.pdf
Did you know?
According to Brian K. Payne's White Collar Crime book that "...the same technology that makes Facebook possible is the same technology that provides the opportunity for computer crimes..." @241


Did you also know that "... Mark Zuckerberg- the founder of Facebook- has been accused of various white collar crimes relating to [the] creation of [Facebook] and the administration of it." ibid

It's true! "As an undergrad at Harvard he worked... on a ...social network called ConnectU." ibid [Facebook was created  after his time there and he was sued for stealing ConnectU's source code] ibid

What on earth is a Source Code you ask?

According to Oxford Dictionary: A Source Code is: A text listing of commands to be compiled or assembled into an executable computer program. www.oxforddictionaries.com  2014

Black Law  defines a Source Code as:

A text listing of commands to be compiled or assembled into an executable computer program.If it is not included with the software sold to the public, source code is protected by trade secret laws as well as copyright and patent laws.SOURCE CODE, Black's Law Dictionary (9th ed. 2009)

the two "Did you knows"are cited by:
White Collar Crime by Brian K. Payne 2014 page 241


Will you accept a position with just any company, if the money is right?
Absolutely not! Unethical and power driven people work everywhere. While income is at the top of a lot of our priority lists, people will leave one way or another when they are unhappy.

.

How do you feel about micromanagement?

I interpret (from experience) micromanagement to account for every moment of your time on the clock for an employer and daily assessments and heightened pressure to produce. In the legal world it is counterproductive.

Images

  • Always Question for it is to your own demise should you not.
    Always Question for it is to your own demise should you not.
  • A true heroic socioeconomic intellect  or hypocrite?
    A true heroic socioeconomic intellect  or hypocrite?
  • K.V.'s trip to England
    K.V.'s trip to England
  • My Name in lights at Victory Field!
    My Name in lights at Victory Field!
  • Society of Corporate Compliance and Ethics
    Society of Corporate Compliance and Ethics
  • Central Indiana  State Parks
    Central Indiana  State Parks
  • Indianapolis Indians -My name in lights!
    Indianapolis Indians -My name in lights!
  • Jamestown Virginia
    Jamestown Virginia
  • I want to save the
    I want to save the "Cotton-Ropkey" House in NW Indianapolis
  • Preservation and Renewal of the Small American Farm
    Preservation and Renewal of the Small American Farm

Videos

Blog

The Worst Healthcare Fraud? "Dr. Evil"- an MI Oncologist

The Worst Healthcare Fraud? "Dr. Evil"- a MI Oncologist

 
 

I could not imagine what the victims of Dr. Farid Fata are or were thinking and feeling other than the obvious- someone get Dr. Evil a bulletproof vest. According to the FBI’s article (Egregious Case of Health Care Fraud  Cancer Doctor Admits Prescribing Unnecessary Chemotherapy 11.6.14), Dr. Fata (not “Fatal” we hope but close) with  mens rea and actus reas falsely diagnosed some of his patients with cancers and other ailments....

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