Michael Barry Crisc Email & Phone Number

New York, New York, United States

Lead the risk and resilience assessments across the banks' diverse operational processes, developing innovative risk management strategies and actionable insights that ensure alignment with organizational capabilities, regulatory requirements and the desired target state. Implement comprehensive improvement solutions that support risk management practices and resilience objectives in the banks' daily operations. Continually engage stakeholders across all organizational levels to foster collaboration and consensus and drive positive organizational change.

New York, New York, United States

Managed and directed the 2LoD Technology Risk function covering all aspects of IT Risk, Cybersecurity and Third-Party Risk in the Americas region.Led the Technology risk function, delivering identification and analysis on the root-causes of inadequate controls for technology, cyber and third-party based risks. Wrote new policies, established new KRI and developed new resilience solutions and guided the integration of Technology Risk into the firms enterprise risk strategy.Lead the regional Technology Risk Committee and oversaw the firms response to regulatory inquiries, providing sign-off on annual attestations and face-off to regulators during their periodic reviews and inspections.Highlights• Led the build-out and evolution of the regional Cyber Security Program, initiating peer bench-marking studies and external testing – including, 3rd party maturity assessments, penetration and security tests as well as internal continuity and resilience tests, e.g. table-top exercises, critical provider failure and simulated DDOS attacks and red-team exercises. • Implemented the new Third-Party risk program including standing up of a new risk committee to oversee the program, developed new controls, covering both 1LoD and external vendors and key third-parties, establishment of new KRI and and KPI and build out of new indicator framework to detect and monitor inadequate controls and performance.Skills: IT Security · Cyber Security · Third-Party Risk · Risk Mitigation and Resilience Strategies · Non-Financial Risk Frameworks

New York, New York, United States

Led the Operational Risk Department delivering the firms operational risk program in the Americas Region.Analyzed operational risk exposure across all lines of business and conducted risk identification processes and root-cause analysis. Managed the firms RCSA program and led targeted reviews and risk assessments of inadequate business process. Performed data collection and oversaw reporting on risk indicators and performance to senior and executive management.Promoted a strong risk culture through collaboration with business leaders across all lines of defense, challenging their progress on remediation activities and corrective action programs as well as the implementation of new business activities.Lead the interaction with the Banks regulators during their audits and reviews of the firms operational risk program.Highlights• Expanded the operational risk framework, to cover non-financial risk integrating IT risk, cyber security and third-party risk management.• Developed risk and control assessment framework for the Combined US Operations (CUSO).• Led and actively contributed to crafting and strengthening the Banks' operational resilience strategies.

Hong Kong, Hong Kong Sar

Managed the operational risk function in all Asia Pacific locations, encompassing Hong Kong, Singapore, Japan, and Australia. Applied an adaptable approach to interpret and analyze operational risks across all business units and locations. Implemented improved RCSA framework and developed new key risk indicators (KRI) and key control indicators (KCI) for senior management reporting. Managed the delivery of the operational risk framework across multiple regulatory jurisdictions in the region whilst ensuring alignment with Head Office objectives.Highlights• Development of risk assessment solutions to identify localized and sometimes culturally specific risk situations.• Enhanced the operational risk framework to meet the requirements and expectations of 13 different regulators across the region.

Hong Kong, Hong Kong Sar

Demonstrated strong business acumen to control $100M “below-the-line” operating costs for global markets (equities, and fixed income) business lines. Conducted continuous analysis of trading expenses and designed and implemented new cost-saving strategies. Formalized data review processes and developed new analytical tools and data computation models, reporting dashboards, and transaction simulators.Performed analysis of brokerage rates and transactional volumes to optimize operational spending through the trade life cycle. Highlights• Designed and implemented simulators to model 'cost-per-trade' providing transparency to each transaction from execution through to post-settlement• Launched cost saving strategies that yielded a 15% decrease in monthly brokerage expenses and $14M in annualized cost savings.

Hong Kong, Hong Kong Sar

Recruited to build-out and lead the new middle-office business unit providing support and control for the newly expanded fixed income trading business in Asia Pacific. Launched new support processes and improved existing pre and post-trade control framework. Leveraged experience of fixed income trading to strengthen control activities and avoid material losses and delays from execution and operational malfunctions.Highlights• Conducted hiring and training of new middle office team on Fixed Income products and trading desk control processes• Orchestrated and spearheaded new operational controls spanning across different trading locations in Asia Pacific

Hong Kong, Hong Kong Sar

Facing Dealer and Buyside firms in Asia Pacific region to advise on strategic and operational efficiencies in their use of the DTCC Trade Information Warehouse.Managed onboarding and relationship management activities to deliver industry guidance and best practices.Organized and led DTCC representation at International Swaps and Derivatives Association (ISDA) conferences and large regional industry gatherings; served as member of ISDA Asia Pacific committees.HighlightsNavigated differing cultures and language barriers to engage with major financial industry decision-makers and stakeholders across the Asia Pacific region.

Mba, Finance And Business Management

Bs, Economics; Minors In Political History & International Politics