1. DAVID SCHNEIDERMAN
3 Old Quarry Road • Englewood, NJ 07631 • 201-417-5885 • dschneiderman@nj.rr.com
CAMS Certified • Compliance • Trade Surveillance • AML • Risk Management
SUMMARY
Compliance professional with extensive experience in surveillance, risk management, AML, KYC, investigations,
and overall process improvements. Adept at detecting reputational and economic risks caused by inconsistent or
substandard practices. Strong track record of bringing organizations into regulatory compliance. ACAMS Member,
Certified Anti-Money Laundering Specialist (CAMS Certification March 2015 through March 2018).
AREAS OF STRENGTH
Investigations Futures Project Management
Policies and Procedures Operational Risk Management Operations
AML and KYC Regulatory Risk Management Technology Integration
Training and Development Trade Surveillance Error Prevention
Securities Risk Avoidance
PROFESSIONAL EXPERIENCE
Consultant, Navigant Consulting, NewYork, N.Y. September – October 2014
 Reviewed and analyzed Actimize alerts to detect Insider Trading and Market Manipulation.
 Investigated alerted securities to detect potential Money Laundering and Trading Ahead.
 Prepared reports to recommend closure or RFI for possible SAR (Suspicious Activity Report).
 Reviewed World Check records.
Proprietary Futures Trader, Englewood, NJ 2008 – 2016
 Established this private trading practice in the midst of the global economic downturn and maintained the
business through the downturn and the recent turnaround.
 Stay current with Dodd-Frank modifications since enactment in 2010 as well as all industry regulatory changes.
Newedge USA, LLC (Formerly Fimat USA, LLC), NewYork, NY 2007 – 2008
Vice President, Derivatives and Futures Products, Reviewand Development
 Provided regulatory, surveillance and supervisory support for seven New York commodities trading desks and
branch offices in Chicago, Houston, and Kansas City.
 Worked directly on the trading floor to provide a proactive “First Line of Defense” against regulatory and
operational risks; provided regulatory support in realtime.
 Reduced by 20% the total time from error detection to correction by developing and implementing a series of
procedures to provide traders and supervisors with immediate access to electronic trade records.
 Developed and initiated a non-intrusive program of trade level surveillance and procedural reviews to detect
inappropriate or suspicious trading activity, allocation schemes,record keeping irregularities, unusual P&L,
money movements or reallocation of trades, and other “rogue trader” activities.
 Reduced by 40% the number of errors committed by the most active trading desks by conducting scheduled and
ad-hoc meetings to review and clarify trading procedures causing errors or raising red flags.
 Streamlined procedures for responding to inquiries and complaints to ensure a consistent process.
 Represented front office Management as a liaison between account executives and the compliance, internal audit,
operational risk, clearing, and operations departments.
 Developed, implemented and monitored policies and procedures regarding error trades, order handling, trade
confirmations and access to electronic records of verbal and written communications.
 Put in place a set of comprehensive surveillance procedures to monitor electronic and voice correspondence.

2. DAVID SCHNEIDERMAN Page 2 of 2
NewYork Mercantile Exchange (NYMEX), NewYork, NY 2006 – 2007 and 1993 – 2004
Senior Director, Compliance (2006 – 2007)
 Held direct supervisory responsibility for staff of 18.
 Maintained daily direct interaction with members on the trading floor; NYMEXstaff.
Director, Trade Practice Surveillance (1993 – 2004)
 Oversaw all trade practice investigations.
 Oversaw approximately 100 open investigations at any given time; 95% of cases presented to Business Conduct
Committee resulted in immediate action.
 Reduced settlement complaints by 75% with an initiative to modify procedures in energy contracts.
 Composed and modified NYMEXrules to address changes in trading environment and regulatory trends.
 Implemented unique staff reorganization and analyst training program.
 Served as liaison with CFTC, NFA and other Exchanges.
 Worked directly with CFTC staff in Washington and New York on investigations, and surveillance matters.
 Represented NYMEXon the Joint Compliance Committee, a regular committee consisting of compliance
representatives from all major US Exchanges and the CFTC Divisions of market oversight and enforcement.
 Represented NYMEXcompliance at all Futures Industry Association (FIA) functions.
 Testified as expert witness at NYMEXand CFTC hearings.
 Created policies and procedures manuals for trade practice programs and ACCESS electronic trading.
 Developed and maintained disaster recovery procedures.
 Responded to regulatory inquiries and coordinated internal and external audits and inspections.
 Supervisory responsibility for four managers and ten analysts.
MBF Clearing Corp., NewYork 2004 – 2006
ChiefOperating Officer
 Supervised staff of 12.
 Supervised all Compliance related activities including Onboarding of accounts,AML (Anti Money Laundering)
procedures, KYC,CDD and FinCen 314(a) checks.
 Responsible for all Clearing and IT procedures.
 Implemented Compliance policies and procedures for BSA/AML including FinCen 314(a) checks, KYC
procedures and Short Sale (Reg SHO) monitoring.
 Responsible for 24-hour trading desk and customer relations.
 Developed and implemented early warning risk management procedures; reduced daily turnaround time on
clearing runs and customer statements enabling management to manage market exposure and risk.
 Reduced required margin deposits with the Exchanges by quickly identifying and rectifying clearing errors.
 Developed and implemented redundant back up procedures for disaster recovery.
 Documentation of Policies and Procedures for key company operations.
 Maintained direct contact with CFTC, NYBOT and NYMEX regarding regulatory and compliance inquires.
PRIOR PROFESSIONAL EXPERIENCE
COMEXMember,Independent Commodities Trader 1984 – 1992
Mel Schnell and Company,Manager of COMEX Floor Brokerage Company 1982 – 1984
CERTIFICATIONS
Certified Anti-Money Laundering Specialist,CAMS March 2015 through March 2018
EDUCATION
Executive MBA, Concentration in Finance, Rutgers University, Newark,NJ 1992
BBA, Finance, The George Washington University 1982