A managing director at an investment firm in St. Louis, Missouri, James Giaicin leads strategic initiatives to raise capital for insurance companies. He manages a team of five to 20 people on various projects, whether implementing insurance strategies, creating new product lines, or executing securitizations. James Giaicin has extensive experience in tax and accounting regulations, especially the National Association of Insurance Commissioners and the Office of the Comptroller of the Currency (OCC).
An independent federal agency founded in 1863, the OCC regulates and supervises the implementation of laws regarding national and world banks operating in the US as well as federally chartered savings associations. The scope of operations lies within monitoring the banks to guarantee safe operation and adherence to stipulated requirements.
The mandate covers capital, management, earnings, asset quality, market risk sensitivity, and community reinvestment. Though the agency is headed by a presidential nominee confirmed by the Senate, Congress does not fund the OCC. It relies on the national banks and the savings associations, who pay for corporate application processing, examinations, and investment income from Treasury securities.
