Michael Hoye

Michael Hoye Email and Phone Number

Vice President, Risk Managment and Internal Audit @ AMG
Boston, MA, US
Michael Hoye's Location
Boston, Massachusetts, United States, United States
About Michael Hoye

As a seasoned Risk, Compliance, and Audit leader with nearly two decades of experience in global financial organizations, I've dedicated my career to transforming how businesses approach risk management and cybersecurity. My passion lies in leveraging cutting-edge technologies and innovative strategies to create robust, scalable solutions that protect assets, ensure compliance, and drive business growth.Throughout my career, I've spearheaded initiatives that have revolutionized risk assessment and audit processes. At Cambridge Associates, I implemented AI-driven processes to enhance risk assessment activities, significantly improving efficiency and scalability. I also led the firm's first SOC 1 implementation, demonstrating my ability to navigate complex regulatory landscapes and implement critical compliance measures.My expertise spans multiple domains, including:• Enterprise Risk Management• Cybersecurity Governance• Financial Reporting and Controls• Operational risk• Regulatory Compliance• Technology Risk Management• AI and Automation in Risk ProcessesAs a Certified Information Systems Auditor (CISA) and holding a Certification in Risk Management Assurance (CRMA), I bring a deep understanding of both the technical and strategic aspects of risk management. I've successfully led cross-functional teams, managed multi-million dollar budgets, and reported directly to C-suite executives and board members.What sets me apart is my forward-thinking approach to risk management. I don't just mitigate risks; I transform them into opportunities for innovation and growth. Whether it's implementing state-of-the-art GRC systems, developing AI-powered risk/audit tools, or creating comprehensive vendor management frameworks, I'm always looking for ways to add value and drive organizational excellence.I'm passionate about mentoring the next generation of risk professionals and regularly volunteer my expertise to non-profit organizations. As we navigate an increasingly complex risk landscape, I'm excited to continue pushing the boundaries of what's possible in risk management and compliance.If you're looking for a strategic partner to elevate your organization's risk management capabilities and drive sustainable growth, let's connect. Together, we can turn risk into your competitive advantage.

Michael Hoye's Current Company Details
AMG

Amg

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Vice President, Risk Managment and Internal Audit
Boston, MA, US
Michael Hoye Work Experience Details
  • Amg
    Vice President, Risk Managment And Internal Audit
    Amg
    Boston, Ma, Us
  • Cambridge Associates
    Director Of Enterprise Risk & Audit
    Cambridge Associates Feb 2016 - May 2024
    Boston, Massachusetts
    - Spearheaded and executed a firm-wide audit risk-assessment strategy, integrating risk management processes and driving audit plan generation-Engineered and implemented a comprehensive methodology for adopting IBM OpenPages, optimizing audit software utilization-Pioneered the introduction of AI concepts to audit/risk groups, significantly enhancing scalability and efficiencies in control assessments, work paper generation, and reporting-Architected and deployed end-to-end tools and processes for the entire audit life cycle, encompassing workpaper management, audit finding remediation, and Audit Committee reporting-Championed, mentored, and coached staff across all facets of risk/audit activities, fostering professional growth and team excellence-Orchestrated all aspects of risk/audit staff augmentation partner relationships, including contract negotiation, budget oversight, and resource management-Orchestrated periodic risk workshops with business units, educating stakeholders, identifying key risks, consolidating risk data, and reporting progress to senior management-Crafted and delivered compelling presentations to the firm's risk committee and executive-level committees, outlining program roadmaps and strategic recommendations-Conceptualized and steered the implementation of the firm's inaugural SOC 1, overseeing external auditor selection, implementation partner engagement, and internal advisory processes-Served as the CISO's principal risk advisor during the cybersecurity program implementation, guiding reorganization efforts, firm communications, prioritization, and executive reporting-Established and launched a firm-wide risk event and error program, encompassing policy creation, cross-functional support acquisition, firm-wide workshop facilitation, and data entry/reporting application implementation-Formulated and instituted a comprehensive framework for vendor due diligence and vendor oversight, enhancing the firm's risk management capabilities
  • Fidelity Investments
    Director, Corporate Risk Management
    Fidelity Investments Jul 2012 - Feb 2016
    -Architected and implemented a comprehensive roadmap for an enterprise-wide GRC system, successfully streamlining Fidelity's application footprint-Spearheaded partnerships with risk/compliance business functions, dramatically increasing GRC tool adoption through tailored educational materials, targeted training programs, and a centralized resource website-Navigated and synthesized complex, competing business requirements across the firm, establishing consistent firm-wide risk assessment and issues management capabilities-Engineered and delivered impactful periodic reports to the Chief Risk Officer and key executive stakeholders, providing crucial transparency on business unit GRC system usage and data quality metrics-Conducted rigorous assessments in areas with intricate accounting issues, catalyzing direct process improvements after presenting compelling findings and recommendations to Senior Management-Scrutinized material financial errors and crafted comprehensive risk incident documentation, facilitating effective tracking, root cause analysis, and resolution of items linked to internal control breakdowns-Engineered innovative business processes and authored detailed procedures for the Global Accounts Payable function, playing a pivotal role in a major Oracle system upgrade initiative
  • Deloitte & Touche
    Manager, Advisory Services
    Deloitte & Touche Aug 2005 - Jul 2012
    Greater Boston Area
    -Orchestrated and executed all facets of SOX, SOC 1, AUP, and regulatory compliance engagements for a diverse portfolio of financial entities, including investment advisors, investment companies, transfer agents, and broker-dealers-Spearheaded multiple high-performance project teams, each comprising 5-10 staff members (including international resources), successfully managing up to four complex engagements concurrently-Cultivated and demonstrated a commanding executive presence, honing advanced communication and presentation skills during high-stakes engagement meetings with Senior Management to deliver impactful findings and strategic recommendations

Michael Hoye Education Details

Frequently Asked Questions about Michael Hoye

What company does Michael Hoye work for?

Michael Hoye works for Amg

What is Michael Hoye's role at the current company?

Michael Hoye's current role is Vice President, Risk Managment and Internal Audit.

What schools did Michael Hoye attend?

Michael Hoye attended Saint Anselm College, Central Catholic.

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