Mihal Nahari Email and Phone Number
Mihal Nahari is an engaging financial services industry executive with more than twenty-five years of business, operational, legal, and regulatory expertise. She has overseen product and sales compliance for a 10,000+ financial advisor sales force and has led operational and control assessments for risk management and technology platform transformations in excess of $750MM. She brings business savvy, judgment and collaboration to the table when working with diverse parties to successfully implement strategic initiatives. Mihal is a trusted advisor to Boards, acting as a change agent for proactive risk identification and mitigation. She has extensive experience working with global regulators (US FED, SEC, ESMA) on market infrastructure and oversight functions.In her most recent role as General Auditor of Depository Trust & Clearing Corporation (DTCC), Mihal reported to the DTCC Board, including the Audit, Risk, Business Technology & Operations and Compensation Committees. She was responsible for providing independent and objective assurance on the design and effectiveness of DTCC’s risk management and internal controls supporting $2.3 quadrillion annually in securities clearance and settlement activities. Prior to her current role, Mihal was DTCC’s Deputy General Counsel and Chief Compliance Officer, leading global teams responsible for assessing DTCC’s regulatory compliance, operational resiliency, data protection and cybersecurity controls. Before joining DTCC, Mihal held senior roles in Legal and Compliance at Morgan Stanley, as Global Head of AML & OFAC and Chief Compliance Officer for Retail and Private Wealth Management. Mihal began her career in private practice where she represented financial services and commercial real estate clients in civil and regulatory litigation and arbitrations.
Paradigm For Parity
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- paradigm4parity.com
- Employees:
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Board Member And TreasurerParadigm For Parity Jan 2023 - PresentThe Paradigm for Parity® coalition represents current and former business leaders including CEOs, CHROs and DEI experts who are dedicated to addressing the systemic gender and racial gaps in the corporate sector. We partner with our companies to develop and promote strategies that transform corporate leadership to assure that women of all races, cultures and backgrounds have equal power and opportunity to advance. -
General Auditor At DtccThe Depository Trust & Clearing Corporation (Dtcc) 2014 - Jan 2023Responsible for oversight and supervision of all independent assurance activities assessing legal,enabling DTCC (a federally designated Systemically Important Financial Market Utility (SIFMU)) to successfully process more than $2.4 quadrillion in securities transactions annually. Act as change agent to enhance proactive risk identification and promote adoption of effective challenge culture. Provide advisory guidance and control insight for DTCC strategic initiatives to foster and support maintenance of effective governance, risk, and control frameworks. Key regulatory interface with US (FED, SEC, CFTC, NYSDFS) and global regulators (ESMA. FCA. MAS. JFSA, HKMA) and external auditors. Direct report to Chair of DTCC's Board Audit Committee and standing member of DTCC Board Audit and Risk Committees.About DTCC: With over 45 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry. From 21 locations around the world, DTCC, through its subsidiaries, automates, centralizes and standardizes the processing of financial transactions, mitigating risk, increasing transparency and driving efficiency for thousands of broker/dealers, custodian banks and asset managers. Industry owned and governed, the firm simplifies the complexities of clearing, settlement, asset servicing, data management, data reporting and information services across asset classes, bringing increased security and soundness to financial markets. In 2021, DTCC’s subsidiaries processed securities transactions valued at nearly U.S. $2.4 quadrillion. Its depository provides custody and asset servicing for securities issues from 177 countries and territories valued at U.S. $87.1 trillion. DTCC’s Global Trade Repository service, through locally registered, licensed, or approved trade repositories, processes 16 billion messages annually. -
Chief Compliance Officer And Deputy General CounselThe Depository Trust & Clearing Corporation (Dtcc) Nov 2007 - Aug 2014Led DTCC’s global compliance and regulatory risk management, data protection and records management program. Provided guidance to executive management on all aspects of corporate and regulatory compliance. Compliance representative on DTCC Operating Committee, DTCC Management Risk Committee and Chaired DTCCs Anti-money Laundering and Sanctions Oversight Committee. Managed DTCC’s compliance and regulatory risk assessment program. Established global policies and procedures and lead DTCC’s corporate compliance training initiatives. Oversaw DTCC’s Ethics & Reporting program. Coordinated with other control functions (Legal, Internal Audit, HR, and Operational Risk) to set control standards and establish integrated risk and control framework. Oversaw and directed activities of outside counsel and external consultants. Served as primary compliance contact for Board and Audit Committee. Acted as key global regulatory interface with US (FED, SEC, CFTC, NYSDFS), European and Asian regulators. -
Member Board Of DirectorsDepósito Central De Valores, Chile Dec 2012 - Jun 2014About DCV: DCV is the Chilean central securities depository, providing services for custody, clearing and settlement of securities, as well as asset servicing in an ASP model for most of the listed companies in Chile.Websitehttp://www.dcv.cl/ -
Senior Vice President, Global Corporate And Investment BankBank Of America 2006 - 2007 -
Chief Compliance OfficerMorgan Stanley 2004 - 2006New York, New York, United States -
Managing Director, Global Money Laundering Prevention OfficerMorgan Stanley 2001 - 2004 -
Executive Director, Senior Litigation CounselMorgan Stanley 1998 - 2001
Mihal Nahari Education Details
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Cum Laude -
Suma Cum Laude
Frequently Asked Questions about Mihal Nahari
What company does Mihal Nahari work for?
Mihal Nahari works for Paradigm For Parity
What is Mihal Nahari's role at the current company?
Mihal Nahari's current role is Global Risk Management Executive, Board Member and Advisor.
What schools did Mihal Nahari attend?
Mihal Nahari attended Fordham University School Of Law, Rutgers University.
Who are Mihal Nahari's colleagues?
Mihal Nahari's colleagues are Jewelle Bickford, Nadine Bullock-Pottinga, Kathleen Luparello.
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