James Nelson
Saint Petersburg,FL
Summary
Accomplished executive with strong strategic insights in risk governance. Experienced in mitigating regulatory concerns and improving operational efficiency through innovative risk management practices. Committed to fostering a culture of transparency and accountability across the organization.
Overview
21
21
years of professional experience
Work History
Chief Risk Officer and Executive Vice President
First Savings Bank
Jeffersonville, IN
03.2021 - Current
- Addressed inherited regulatory issues by redeploying resources to create sustainable processes to mitigate regulatory concerns.
- Created a dynamic, transparent, and creative approach to risk appetite that used key risk indicators in conjunction wi subject matter experts and board and senior management active engagement.
- Established comprehensive risk assessment frameworks aimed at improving organizational risk management practices.
- Engaged with executive leadership to ensure alignment of risk policies with organizational goals and compliance mandates.
- Oversaw risk identification, analysis, and mitigation efforts across multiple operational domains to enhance organizational resilience.
- Evaluated emerging market trends to identify and mitigate potential risks affecting business performance.
Global Head Operational Risk and Risk Governance
Bank Of Montreal Financial Group
Chicago, IL
06.2016 - 04.2020
- Designed and established risk assessment frameworks to enhance operational efficiency and safety.
- Identified key operational risks and developed strategies to enhance risk management frameworks effectively.
- Engaged with cross-functional teams to guarantee compliance with regulatory mandates and reinforce adherence to internal policies.
- Implemented strategic initiatives aimed at fortifying internal controls to safeguard organizational assets.
- Facilitated cross-departmental decision-making by offering strategic insights and recommendations.
- Facilitated consultation on re-engineering techniques to enhance process performance and product quality.
- Led process improvement projects aimed at reducing exposure to operational risks while increasing overall efficiency levels.
- Facilitated communication between departments regarding key risk indicators, fostering a proactive approach towards risk management across the organization.
- Monitored regulatory changes impacting the industry, ensuring timely adaptation of organizational policies and procedures accordingly.
- Developed customized tools for tracking and reporting on significant operational events that could impact the organization''s performance or reputation.
- Implemented risk avoidance and mitigation strategies to eliminate hazards, activities and exposures that could negatively impact organizational assets.
Senior Vice President Supervision and Regulation
Federal Reserve Bank of Chicago
Chicago, IL
06.2009 - 06.2016
- Led strategic initiatives to enhance monetary policy effectiveness and foster economic stability.
- Oversaw risk management frameworks to ensure compliance with federal regulations and enhance operational integrity.
- Drove data-driven decision-making processes to optimize resource allocation across various financial programs.
- Mentored executive teams in best practices for financial reporting and organizational governance.
Chief Risk Officer
Huntington National Bank
Columbus, OH
10.2004 - 06.2009
- Developed and implemented risk management frameworks to enhance organizational resilience.
- Led cross-functional teams to identify, assess, and mitigate potential risks across business units.
- Established key performance indicators for risk assessment and reporting processes.
- Conducted comprehensive risk assessments to inform strategic decision-making and regulatory compliance.
Education
Master of Science - Finance
University of Chicago
Chicago, ILBachelor of Arts - Finance
University of Florida
Gainesville, FLSkills
- Regulatory issue resolution
- Working seamlessly with Board and Executive Management
- Enterprise risk management best practices
Timeline
Chief Risk Officer and Executive Vice President
First Savings Bank
03.2021 - Current
Global Head Operational Risk and Risk Governance
Bank Of Montreal Financial Group
06.2016 - 04.2020
Senior Vice President Supervision and Regulation
Federal Reserve Bank of Chicago
06.2009 - 06.2016
Chief Risk Officer
Huntington National Bank
10.2004 - 06.2009
Master of Science - Finance
University of Chicago
Bachelor of Arts - Finance
University of Florida