Executive Vice President
Timothy Burniston joined Wolters Kluwer Financial
Services as executive vice president of the company’s Risk and Compliance
consulting practice in December 2011. He works directly with compliance
and risk management executives to help them more effectively navigate an
increasingly complex regulatory environment under the Dodd-Frank Act.
He does so drawing upon his experience leading compliance examination
programs for more than 35 years at the Federal Reserve Board (Fed),
Federal Deposit Insurance Corporation (FDIC) and Office of Thrift
Prior to joining Wolters Kluwer Financial Services, Burniston
was a senior associate director with the Federal Reserve Board’s
Division of Consumer and Community Affairs. While with the Fed, he was
tapped by the U.S. Department of the Treasury to help develop the new
Consumer Financial Protection Bureau’s large depository institution
examination program. Burniston’s main responsibilities at the Fed
included monitoring and evaluating its consumer compliance examination
and fair lending enforcement programs.
Burniston began his regulatory career as an analyst and consumer
compliance examiner with the Federal Reserve Bank of New York in 1977
and joined the Fed’s Division of Consumer and Community Affairs shortly
thereafter. Burniston left the Fed in 1988 to establish the compliance
examination program at the OTS. In 2000, he joined the FDIC to oversee a
major redesign of that agency’s consumer compliance examination
program. He returned to the Fed in 2005.
Burniston earned his undergraduate degree from Gettysburg
College and an M.B.A from George Washington University. He is a
Certified Regulatory Compliance Manager (CRCM), and served on the CRCM
Advisory Board of the Institute of Certified Bankers.