David Abshier

Managing Director

Tel 714.394.7644Fax 213.622.0390

David Abshier has over thirty years of financial services and executive management experience in a variety of functions.

These include management, strategy, and regulatory consulting/advisory services, expert testimony, chief credit officer, chief risk officer (risk assessment manager), BSA/AML officer, corporate compliance manager, senior certified federal bank examiner, financial and credit analyst, and branch operations officer.

Mr. Abshier provides expert, consulting, and advisory services to large and small financial institutions throughout the United States and overseas. Projects often include senior advisory and/or expert services focusing on safety and soundness/risk management, regulatory enforcement, consumer compliance, and protections such as RESPA, TILA, UDAAP, BSA/AML compliance, and technology.

Education

University of Southern California
BA, International Finance

Case Work

Conducts regulatory and financial advisory services for financial institutions including “troubled” institutions
Conducts assessments and expert testimony regarding mortgage banking practices including loan origination, underwriting, repurchase claims and loan servicing
Provides expert review and testimony on commercial and residential mortgage loan securitization (CMBS & RMBS)

Regularly provides regulatory advisory, system assessments, validations and testing of Bank Secrecy Act/Anti-Money Laundering (BSA/AML) compliance
Consults on OFAC and economic sanctions compliance for regional banks
Conducts “Look-back” transaction reviews for consumer protection laws such as RESPA, TILA, UADDP, Fair Lending and BSA/AML compliance covering over 20 million transactions
Provides corporate governance and enterprise-wide risk management (ERM) reviews for commercial and community banks
Regularly provides credit risk management and due diligence assessments
Regularly assesses consumer compliance laws and protections including OCC, FDIC and CFPB enforcement actions
Regularly provides advisory services regarding enforcement actions and regulatory issues
Conducts independent director and management reviews for strategic and regulatory purposes
Tests internal control processes and standards of care practices for bank and non-bank financial institutions
Conducts strategic planning, business planning and financial analysis for a variety of commercial and community banks
Provides expert testimony and litigation support on a variety of matters

David Abshier

David Abshier has over thirty years of financial services and executive management experience in a variety of functions.

Education

Case Work

Areas of Expertise

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