Sherry Peterson
Assistant Director/ACH Analyst at Nacha- Claim this Profile
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Topline Score
Bio
J Riley Simon
Sherry is one of the most experienced banking specialists I've ever had the pleasure of working with. Her banking experience improved overall operations and client experience/expectations the day she joined the team. Sherry is a class act by showing exquisite professionalism internally and externally, and being crucial in fast-paced environments. Sherry is also especially approachable and has been absolutely wonderful to work with. I wish there were stronger words than "recommendation" because of how amazing Sherry is. That said, I highly recommend Sherry for any banking type of position including leadership roles.
Alicia Relyea
Bright and hard-working, Sherry is one of the best banking and compliance professionals I've known. She's an expert who can be counted on to roll up her sleeves and get work done with compelling results. Sherry proved to be a capable and highly respected leader by everyone at Würk because of the knowledge, talents, values, and drive she brings to work every day. I recommend Sherry to any company seeking tangible business results through banking and compliance efforts.
J Riley Simon
Sherry is one of the most experienced banking specialists I've ever had the pleasure of working with. Her banking experience improved overall operations and client experience/expectations the day she joined the team. Sherry is a class act by showing exquisite professionalism internally and externally, and being crucial in fast-paced environments. Sherry is also especially approachable and has been absolutely wonderful to work with. I wish there were stronger words than "recommendation" because of how amazing Sherry is. That said, I highly recommend Sherry for any banking type of position including leadership roles.
Alicia Relyea
Bright and hard-working, Sherry is one of the best banking and compliance professionals I've known. She's an expert who can be counted on to roll up her sleeves and get work done with compelling results. Sherry proved to be a capable and highly respected leader by everyone at Würk because of the knowledge, talents, values, and drive she brings to work every day. I recommend Sherry to any company seeking tangible business results through banking and compliance efforts.
J Riley Simon
Sherry is one of the most experienced banking specialists I've ever had the pleasure of working with. Her banking experience improved overall operations and client experience/expectations the day she joined the team. Sherry is a class act by showing exquisite professionalism internally and externally, and being crucial in fast-paced environments. Sherry is also especially approachable and has been absolutely wonderful to work with. I wish there were stronger words than "recommendation" because of how amazing Sherry is. That said, I highly recommend Sherry for any banking type of position including leadership roles.
Alicia Relyea
Bright and hard-working, Sherry is one of the best banking and compliance professionals I've known. She's an expert who can be counted on to roll up her sleeves and get work done with compelling results. Sherry proved to be a capable and highly respected leader by everyone at Würk because of the knowledge, talents, values, and drive she brings to work every day. I recommend Sherry to any company seeking tangible business results through banking and compliance efforts.
J Riley Simon
Sherry is one of the most experienced banking specialists I've ever had the pleasure of working with. Her banking experience improved overall operations and client experience/expectations the day she joined the team. Sherry is a class act by showing exquisite professionalism internally and externally, and being crucial in fast-paced environments. Sherry is also especially approachable and has been absolutely wonderful to work with. I wish there were stronger words than "recommendation" because of how amazing Sherry is. That said, I highly recommend Sherry for any banking type of position including leadership roles.
Alicia Relyea
Bright and hard-working, Sherry is one of the best banking and compliance professionals I've known. She's an expert who can be counted on to roll up her sleeves and get work done with compelling results. Sherry proved to be a capable and highly respected leader by everyone at Würk because of the knowledge, talents, values, and drive she brings to work every day. I recommend Sherry to any company seeking tangible business results through banking and compliance efforts.
Credentials
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Cloud Security Considerations for the Financial Services Industry
LinkedInOct, 2019- Nov, 2024 -
Excel 2013: Advanced Formulas and Functions
LinkedInOct, 2019- Nov, 2024 -
Financial Accounting Part 2
LinkedInSep, 2019- Nov, 2024 -
Access Essential Training (Office 365)
LinkedInAug, 2019- Nov, 2024 -
Accounting Foundations
LinkedInAug, 2019- Nov, 2024 -
Financial Accounting Part 1
LinkedInAug, 2019- Nov, 2024 -
Learning Bitcoin and Other Cryptocurrencies
LinkedInAug, 2019- Nov, 2024 -
SAP Accounts Payable Boot Camp
LinkedInAug, 2019- Nov, 2024 -
Selling with Authenticity
LinkedInAug, 2019- Nov, 2024 -
Community Banker Compliance Certification
ICBANov, 2018- Nov, 2024 -
Branch Security Officer
Sheshunoff Consulting + SolutionsJan, 2012- Nov, 2024 -
Bank Secrecy Act Officer
Sheshunoff Consulting + SolutionsJan, 2007- Nov, 2024
Experience
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Nacha
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United States
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Banking
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1 - 100 Employee
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Assistant Director/ACH Analyst
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Jul 2023 - Present
Nacha governs the thriving ACH Network, the payment system that drives safe, smart and fast Direct Payments. Nacha governs the thriving ACH Network, the payment system that drives safe, smart and fast Direct Payments.
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Spence Labs
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United States
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Financial Services
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1 - 100 Employee
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BSA/AML and ACH Manager
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Dec 2022 - May 2023
Managed day to day transactions for FinTech company by verifying the authenticity of WEB & CCD transactions. Revised policies and procedures. Created training for new merchants on ACH processing. Correspondence with merchants and financial partner when necessary. Led a successful ACH Audit and Risk Assessment within days of onboarding with company. Counseled and advised Tech Team in development and improvement of API’s. Created, revised, and evaluated onboarding for new merchants. Addressed all chargebacks and NOC’s. Assisted with PCI-DSS Compliance, Mobile Wallets, and other payment rails. Show less
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US Acute Care Solutions
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United States
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Hospitals and Health Care
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700 & Above Employee
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Treasury Specialist
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Aug 2022 - Dec 2022
Reconciliation of hundreds of bank accounts daily, researching and resolving differences utilizing Excel and other company programs. Created monthly and ad hoc reports. Reconciliation of hundreds of bank accounts daily, researching and resolving differences utilizing Excel and other company programs. Created monthly and ad hoc reports.
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Würk
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United States
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IT Services and IT Consulting
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1 - 100 Employee
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Banking Specialist
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Jan 2020 - Jul 2022
Performed daily uploads of CCD & PPD ACH & SDA payroll and tax files (> $3B in ’21) in UKG/Kronos according to NACHA guidelines. Daily bank reconciliations of all files across several bank accounts. Addressed and communicated returns/chargebacks and NOC’s using SalesForce for >36K employees. Proficiently submitted payroll for >400 cannabis businesses weekly. Bank vetting of potential clients for compliance with banking rules and regulations utilizing Lexis Nexis. Assisted with Annual BSA/AML & SOC ACH audits which led to zero findings. Ongoing effective & professional communication with clients and banking partners. Wrote and revised several procedures; implemented successfully throughout FinTech company. Ad Hoc reporting of KPI’s. Received Mountain Mover Award May 2022 and several nominations in previous months. Show less
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Bank of the West
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United States
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Banking
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700 & Above Employee
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Compliance Analyst 3
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Dec 2019 - Dec 2019
Performed customer due diligence and high-risk reviews according to the bank’s BSA/AML policy and procedures. Ad Hoc reporting on Appian (Fiserv API) for existing accounts regarding Know Your Customers (KYC) standards. Politically Exposed Persons (PEP) screening for sanctions and negative news reports utilizing Lexis Nexis and Bridger. Performed customer due diligence and high-risk reviews according to the bank’s BSA/AML policy and procedures. Ad Hoc reporting on Appian (Fiserv API) for existing accounts regarding Know Your Customers (KYC) standards. Politically Exposed Persons (PEP) screening for sanctions and negative news reports utilizing Lexis Nexis and Bridger.
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Citywide Banks, a division of HTLF Bank
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United States
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Banking
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100 - 200 Employee
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Assistant Banking Center Manager
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Nov 2018 - Aug 2019
Proficiently managed Banking Center’s daily activities with >2K customers and 4 direct reports. Served portfolio of >500 customers with deposit and lending products. Troubleshot errors with proof department and applicable customer(s). Cross-sold appropriate products to enhance customer’s portfolios. Coached employees and promoted “Team” engagement. Performed monthly audits for branch. Processed domestic and international (SWIFT) wire transfers purchased and sold foreign currency, as well as other teller functions. Remitted annual unclaimed property from the safe deposit department to the State. • Proposed more cost-effective process new account review, which was implemented, while also demonstrating full compliance and error-free new account maintenance. • Provided consistent training and ongoing communications of procedures/regulations/requirements across teams. Ensured timely, accurate and detailed monitoring resulting in two successful overall branch audits within 6 months. • Coached and ensured utilization of Touchpoint and SalesForce sales and attainment of overall sales rating of “meets expectations.” Personally, I attained the highest sales figures for the branch in July 2019. Show less
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Champion Bank
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Banking
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1 - 100 Employee
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Vice President - CIB Coordinator
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Oct 2016 - Oct 2018
Cash Intensive Business (CIB) Account Coordinator. Managed three direct reports. Performed due diligence, risk assessments and vetted customers prior to opening account. Processed all aspects of documentation via DepositPro and IBT. Cash Transaction Reports (CTR) & Suspicious Activity Reports (SAR) completion and submission to FinCen. Daily account review of each MRB for anomalies and risky transactions outside of the norm for cannabis clients. of high-risk customer account activity. General Ledger reconciliation of customer cash deposits. Processed client foreign and international (SWIFT) wire transfers as well as other customer service functions. • Opened and vetted >50% (60 of 120) of CIB accounts on the bank’s books over 2-year period through initiative-taking and efficient evaluation of extensive documentation (i.e., ID’s, Licenses, SOS Certificate of Good Standing, OFAC scanning, Beneficial Ownership data collection, SS4 or 147c). • Assisted with State and FDIC Bank audits by providing all documentation for review. Received multiple “Satisfactory” ratings during tenure. Show less
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First Bank of Highland Park
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United States
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Banking
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1 - 100 Employee
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Vice President/Teller Manager/Security Officer
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May 1990 - Jan 2016
Teller/Client Service Representative (CSR) Manager. Created monthly & ad-hoc reports. Interviewed candidates for employment. Consulted w/law enforcement agencies regarding reports of suspected fraud; investigated/resolved issues with clients. Oversaw risk parameters in Fiserv EFT system & recommended changes. Sustained record retention room according to bank & State requirements. • Coached new/existing Tellers. Modeled/mentored exemplary customer service. Processed or approved client domestic or international (SWIFT) wire transfers & ACH files. • Project Manager over FBHP conversion of debit cards to EMV debit cards, conversions for Safe Deposit (SD) automation & Teller scanning. Proficient in scanning, foreign currency, EMV chip card issuance, instant-issue debit cards, compromised cards & fraud reports to detect/mitigate fraud. Remitted annual unclaimed property from the safe deposit department to the State. • Coached employees on personal & career growth; delivered annual evaluations; provided on-going training & corrective action, & facilitated action plans when needed. • Set new standards for balancing & maintained minimum levels for >20 years. Achieved aggregate differences for Teller Department in 2006 of $0.00 & $310 in 2015 through skillful investigation of variations. General Ledger (GL) reconciliation for cash, tellers a& ATM. • Represented Tellers in several phases: Compliance, IT, Business Continuity/Disaster Recovery, Audit, Marketing, HR, Vendor Management & Operations. • In 2012, partnered w/EVP in renegotiating bank's Fiserv contract, slashing $270.5K off the bank’s yearly invoice, resulting in a 31% shrinkage for a 7-year contract. • Regularly conducted internal audits & received 93% grade on branch audit in 2015. Consistently received top ratings on BSA, FDIC, Safe Deposit, Security & Safety/Soundness audits. • Adhered to BSA requirements 100% as the Assistant BSA Officer. Analyzed all data to determine if CTR/SAR were required. Show less
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First Federal Savings & Loan Association
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United States
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Banking
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1 - 100 Employee
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Teller Supervisor
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1987 - 1990
I worked as the Teller Supervisor which entailed training, filing BSA reports, audits, assisting customers, resolving errors, and other various supervisory functions. I worked as the Teller Supervisor which entailed training, filing BSA reports, audits, assisting customers, resolving errors, and other various supervisory functions.
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Education
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1981 - 1985
Waukegan East High School
General Degree, General -
1985 - 1986
College of Lake County
Psychology -
1986 - 1987
Western Illinois University
Psychology
Community
