Marianne Turnbull, CIA, CAMS, is a managing director with CohnReznick Advisory who focuses on providing governance, risk, and compliance services to clients in the financial services and real estate industries and functions as a financial services and REIT expert.  Since joining CohnReznick more than 14 years ago, she has led numerous internal audits, Sarbanes-Oxley compliance engagements, and various risk assessments, including fraud.

Marianne has assisted clients preparing for IPOs and various public readiness requirements.  Her specialty is helping public companies in remediating material weaknesses noted in the companies’ financial statements. These efforts typically involve developing enhanced internal controls monitoring processes, as well as working with the client to establish a cultural shift with respect to risk.  She has a proven track record of developing control processes and implementing process improvements and internal controls.  Some of Marianne’s clients include Tiptree Financial, Lexington Realty Trust, WisdomTree Investments, Douglas Elliman and Lexington Realty Trust.

Prior to joining the Firm, Marianne was an internal auditor at Bankers Trust Company, where she was responsible for all of the audits in the securities operations and corporate trust areas.  As a vice president of the corporate trust and agency group there, Marianne oversaw user acceptance testing and implementation of a new securities transfer application, including system parallel testing and development of all system operating procedures.  Within Global Equity Services, she was involved in product P&L, relationship management, sales and marketing, systems maintenance, operations, and customer service.  As a section head for corporate trust operations, Marianne’s responsibilities included security holder relations, funds disbursement, vault, tax compliance, receipt/delivery windows, and medium-term note transfer/redemption areas.

As an independent consultant to the board of directors of First Virgin Islands Federal Savings Bank, St. Thomas, USVI, Marianne identified, addressed, and implemented corrective actions regarding regulatory audit issues on behalf of the audit committee, resulting in the removal of the bank from a regulatory watch list.  In addition, Marianne reviewed and risk-rated loan portfolio delinquencies; developed and monitored plans to correct issues; and formed an internal audit function inclusive of structure, objectives, audit plans, and audit procedures.  She conducted audits of all functions, which minimized risk and improved management control.

Marianne is a certified internal auditor (CIA) and a certified anti-money laundering specialist (CAMS).