Timothy R. Burniston joined Wolters Kluwer in December 2011 to lead the company’s Risk and Compliance consulting practice. Under his leadership, the practice grew significantly in scope and now enjoys a national reputation for excellence. In July 2017 he was named senior advisor, regulatory strategy. In this role, he advises the Wolters Kluwer Financial & Corporate Compliance executive leadership team and clients on emerging issues, legislative and regulatory developments, and regulatory strategy.
Prior to joining Wolters Kluwer, Burniston spent more than 35 years designing and leading compliance examination and supervision programs at the Federal Reserve Board (Fed), Federal Deposit Insurance Corporation (FDIC), and Office of Thrift Supervision (OTS). Immediately before coming to Wolters Kluwer, Burniston was the senior associate director at the Fed’s Division of Consumer and Community Affairs where he was responsible for its compliance, CRA, fair lending, applications, examiner training, information management, and Reserve Bank oversight programs. While with the Fed, he was tapped by the U.S. Department of the Treasury to lead the implementation team that developed the Consumer Financial Protection Bureau’s large depository institution examination program.
Burniston began his regulatory career as an analyst and consumer compliance examiner with the Federal Reserve Bank of New York in 1977, and he joined the Fed’s Division of Consumer and Community Affairs in Washington, DC, shortly thereafter. Burniston left the Fed in 1988 to establish the compliance examination program at the former Office of Thrift Supervision. 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 previously served as a CRCM Advisory Board member for the American Bankers Association.