Our Team

Tony Torquato

Senior Engagement Manager

Mr. Torquato has 25 years experience in the financial services industry, having held positions in banking, consulting and regulatory roles. He has served as senior consultant & regional manager for two national financial services consulting companies, as well as lead credit regulatory examiner, while supervising southeastern regional commercial banks. He specializes in compliance audit, loan portfolio monitoring and regulatory assistance to financial institutions in all asset size ranges. His experience includes: 
Firsthand knowledge and experience in the areas of credit analysis, commercial, mortgage & consumer lending operations and policies & procedures.

• Assisted financial institutions with a wide range of initiatives, from bankruptcy and problem loan workouts to loan review and portfolio monitoring.
• Assisted numerous financial institutions with satisfying compliance deficiencies raised by regulators.
• Attended numerous banking schools and completed various certifications programs, both within the regulatory agencies and outside.
• Featured speaker at national and local banking industry conferences and seminars

Donald F. Caniglia, CISA, CISM

Senior Associate

Mr. Caniglia has been providing information systems audit, financial/operational audit, information security consulting services and IS audit and security training primarily to the financial services industry for more than 30 years. He has been a Certified Systems Auditor since 1984 and recently awarded the Certified Information Security Manager designation from the Information Systems Audit and Control Association (ISACA). Some examples of his expertise include:

• Developed IS control structure implementation and governance processes,
• Delivered audit consulting services focusing on technology - based audits for diverse multi-platform environments with emphasis on compliance to regulatory practices, information security control implementation, data center and network operations, change management, technological control integration into business processes,
• Designed and implemented information technology and security policies and procedures,
• Established business continuity plans and business impact analysis processes,
• Established GLBA compliance audit program and risk assessment and vendor management practices,
• Developed nineteen professional audit and technology-based seminars and presented more than 200 instructional sessions to clients for all major industries worldwide since 1985.

Betsy G. Nixon, CPA

Audit Services Manager

Ms. Nixon has been involved with the financial services industry for over 25 years as a banker, auditor, consultant and examiner. Her expertise includes:

• Coordinated all aspects of internal and exteranal audits as well as regulatory examinations for a large community bank;
• Performed compliance and operational audits for a large community bank;
• Established and implemented a compliance program for a regional community bank;
• Performed compliance and safety and soundness examinations.

Francisco Monteagudo, CRCM, CBA, CFSA, CFE

Senior Audit Manager

Mr. Monteagudo has been providing internal audit and compliance management to financial instititutions for 24 years. Previous financial institution audit and compliance experience includes senior management level responsibilities for local and international banks. His expertise includes:

• Directed a leading global payments company’s internal control and compliance activities for private banking, trade finance, and correspondent banking;
• Managed global business, audit, and compliance projects for a leading global payments company, including the implemetation of two anti-money laundering software systems;
• Engaged to establish and successfully managed two corrective action programs in response to regulatory supervisory actions.

Daniel Laughon

Audit Manager

Mr. Laughon has over 30 years of experience in internal auditing in the the financial services industry at both community banking and regional bank holding companies. His background covers all areas of financial accounting/auditing, internal controls, loss prevention and risk management. His expertise includes:

• Managed a multi-state, regional audit department of a $52 billion bank holding company;
• Developed and directed risk-based audit plan covering banking operations and regulatory compliance;
• Participated in Sarbanes-Oxley compliance project and directed the documentation and evaluation of internal controls;
• Conducted due diligence reviews on acquisition candidates;
• Presentations to Audit Committees at bank and holding company level.

Barbara J. Egmore, CPA, CFE, CBA

Audit Manager

Ms. Egmore has been providing internal audit, compliance management and internal fraud investigations to financial instititutions since 1980. Previous financial institution audit experience includes director and senior management level responsibilities for audits of commercial banks, thrifts and federal credit unions. Her expertise includes:

• Developed risk-based internal audit plans for $1.5 billion financial institution. Responsible for all facets of internal audit: Loan Review, Operational Audits, Compliance Audits, Information Technology Audits and Other Special Project Audits.
• Responsible for the development of the internal audit department for two financial institutions with $1 billion and $1.5 billion in assets respectively. This included staffing, program development and training.
• Presentations of audit reviews and audit issues to Board of Directors, Audit Committees, Compliance Committees and Senior Management.

Fred Hudson 

Senior Associate

Mr. Hudson has been providing corporate risk review, operational managment and internal audit review to financial instituions for approximately 30 years. His expertise includes:

• Coordinated and performed corporate risk/loan reviews for numerous lending units and credit products for a multi-bank holding company throughout the continental United States;
• Successful track record in all phases of banks fiscal operating systems management;
• Member of senior internal audit team for a large community banking institution;
• Inititated and performed due diligence examinations on loan portfolios of financial institutions targeted for acquisition to assess asset quality and potential loss.

Elizabeth Frederick

Senior Associate

Ms. Frederick has been providing operational, internal audit and compliance management to financial instititutions since 1984. Her expertise includes:

• Coordinated and performed compliance audits for a large community banking institution;
• Created and implemented a compliance and branch security certification system applied throughout a large community banking institution’s branch network;
• Member of senior internal audit team for a large community banking institution; 
• Establised operational policies and procedures for a de novo banking institution.

Maggie Gaw

Senior Associate

Ms. Gaw has been providing internal audit and compliance management to financial instititutions for over 25 years. Her expertise includes:

• Performed operational and compliance related audits for community banks in Indiana and Kentucky;
• Providing consulting services in the areas of the Bank Secrecy Act and Home Mortgage Disclosure Act to community banking institution;
• Responsible for front-line and back-room operations of two de novo banks.

Shirley Besch 

Senior Associate

Ms. Besch has over 26 years experience in the financial services industry working in various facets of banking, primarily audit, operational support and branch management. She has worked as an internal auditor with national bank holding companies since 1987, including 2 years as state audit supervisor. Her expertise includes:

• Member of senior internal audit team for a large national banking institution;
• Performed operational audits of all functional areas for a large national bank and savings and loan;
• Conducted comprehensive investigations of account holder and employee fraud working with internal bank security and local and national law enforcement agencies;
• Assisted in the performance of due diligence reviews for potential acquisitions involving financial institutions;
• Developed and presented training material regarding audit programs and operational compliance with bank policy to bank senior management and bank associates.

Ray Lawhorn

Senior Associate

Mr. Lawhorn has approximately 15 years of experience in the financial servies industry. He has held positions as a bank regulator and consultant for financial institutions. His expertise includes:

• Performing credit and collateral reviews in order to assess overall underwriting and loan documentation quality. Coordinating and performing corporate risk/loan reviews for numerous bank lending units throughout the southeastern United States.
• Verifying and validating bank compliance with federal laws and regulations.
• Evaluating bank management and lending personnel, as well as risk management functions.
• Managing professionals performing due diligence examinations on loan portfolios of financial institutions, in order to assess asset quality and potential loss.

Sonia E. Segarra

Senior Auditor

Mrs. Segarra has been providing internal audits both operational as well as compliance audits for banks as well as other financial instititutions for almost 20 years. Previous experience includes Senior Internal Auditor for different institutions. Her expertise includes:

• Developed risk-based internal audit plans and audit frequency schedules for different clients
• Performed quarterly SOX audits
• Presentations to Audit Committee findings and recommendations.