Mark Weintraub Email and Phone Number
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Mark is an innovative financial services executive and advisor with experience across the front line, independent risk and internal audit. He is comfortable and capable with board members and the C-suite on matters relating to strategy, culture, governance, risk management, and regulation. Mark has held senior roles in and worked with large, complex financial institutions and smaller, fast-growing financial firms. Respected for challenging the status quo and for his integrity, authenticity and inclusivity, he has a proven track record building and leading diverse, high-performing teams, driving change, iand resolving risk, control and regulatory issues.He is a founding partner of Dextrus Advisory LLC, a professional services firm that commenced operations in November 2020 and provides bespoke consulting and advisory services to banks, non-bank financial firms, and financial technology companies.Mark spent the previous seven years with Wells Fargo, most recently as Executive Vice President and Chief Operational Risk Officer, where he led design of an operational risk framework, function and team, resolving a variety of risk management weaknesses. As Executive Audit Director for Consumer Lending (2013-2018) and Consumer Banking (2017-2018), Mark helped transform a moribund audit process and function into a highly effective group that identified material operational, compliance and reputational issues. In those roles, his stature and credibility with management helped drive needed improvements in operations, controls and risk management, contributing to the closure of two enforcement actions.Prior to joining Wells Fargo, he served in a number of risk and regulatory roles at Ally Financial from 2006 through 2013, where he helped to guide the firm through its separation from General Motors, its conversion to a bank holding company, and resolution of its mortgage servicing enforcement actions. He was previously a risk and advisory Partner with KPMG LLP from 2003-2006.Mark currently serves as an advisor, mentor and officer-in-residence with Queen City Fintech. He previously served on the steering committee for the Advanced Operational Risk Group of The Risk Management Association and as Vice Chair of the Internal Audit Committee of the Consumer Bankers Association.
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Svp, Head Of Internal AuditSiriuspointCharlotte, Nc, Us -
Senior Vice President, Head Of Assurance & Advisory ServicesKemper Mar 2021 - PresentChicago , Il , Us -
Advisory Board MemberHome Lending Pal Dec 2020 - PresentOrlando, Fl, Us -
Founding PartnerDextrus Advisory Nov 2020 - Mar 2021
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Advisory Board MemberSupercharger Aug 2020 - Feb 2021New York City, New York, Us -
Evp, Chief Operational Risk OfficerWells Fargo Aug 2018 - Oct 2020San Francisco, California, UsTasked with leading a significant transformation of the operational risk program and team. Helped design the firm's risk management framework and its target state for operational risk management to address regulatory expectations in line with industry practices. Combined fragmented and underperforming second line operational risk teams into a high performing and talent-rich centralized operational risk function. Drove the build out of multiple new operational risk disciplines, including: front-line oversight for domestic and international operations, business resiliency oversight, external fraud risk oversight, and third party risk oversight. Responsible for operational risk capital, scenario analysis and stress testing. Interacted regularly with regulators, auditors, the operating committee and the board. Member of the Corporate Risk leadership team and diversity and inclusion council. -
Executive Audit Director, Consumer BankingWells Fargo Jul 2017 - Jul 2018San Francisco, California, UsResponsible for developing and executing leading strategies for evaluating the effectiveness of governance, risk management and internal controls across Wells Fargo's consumer banking businesses, processes and products/services. Coverage included Community Banking, Consumer Lending and Payments, Virtual Solutions and Innovation businesses. Led a team of nearly 200 professionals. -
Executive Audit Director, Consumer LendingWells Fargo Apr 2013 - Jun 2017San Francisco, California, UsResponsible for developing and executing a risk-based audit plan covering Wells Fargo's consumer lending businesses. Provide risk management, governance and internal control advice and credible challenge to senior management. Lead a team of 160 professionals based in 6 locations across the U.S. Co-chair of the department's Diversity & Inclusion Council, and department's representative on the Wells Fargo Enterprise Diversity & Inclusion Council, championing our diversity, inclusion and employee engagement strategies. -
Franchise OwnerTapsnap Charlotte Jul 2013 - Oct 2015Charlotte, Nc, UsFranchise owner for TapSnap, a digital, social media-enabled photo booth and entertainment concept. Started with 3 units, and expanded to 5 and exclusivity for Mecklenburg County. Achieved annual revenues of $250,000 sustained through high touch customer service delivered by top notch team members and cultivation of relationships with private, public, corporate and non-profit event planners and marketing leaders. Sold franchise in 2015. -
Operational Risk ExecutiveAlly Financial Inc. May 2012 - Feb 2013Detroit, Mi, UsAppointed to this newly created position to elevate the enterprise focus on operational risk management and to help enhance enterprise risk governance and management practices. Reporting to the Chief Risk Officer, lead a team of 25, responsible for the firm's Basel II operational risk management framework (risk and control self assessments, scenario analysis, operational loss data, and capital modeling) and its implementation across the firm. Restructured the operational risk team to achieve a better synergies among policy and reporting resources versus resources focused on oversight of business unit adherence to enterprise operational risk standards. Launched and chaired an enterprise wide operational risk management committee and a risk practices council, designed to enable and promote collaboration and commonality among the various risk and control functions, while driving primary accountability for operational risk management to the business unit management. Created the company's office of resolution planning and its initial resolution plan strategy. -
Mortgage Servicing Remediation ExecutiveAlly Financial Inc. Apr 2011 - May 2012Detroit, Mi, UsResponsible for oversight of Ally Financial and affiliate compliance with requirements of April 2011 enforcement actions taken by bank regulators against several large residential mortgage loan servicing firms. Reported to Chief Administrative Officer of Ally Financial. Managed a large project team to: plan and define actions to be taken to address shortcomings in servicing, foreclosure and loss mitigation activities; ensure submission of such plans in a timely manner to regulators; ensure timely and high-quality adoption of such plans; and to provide appropriate reporting to Ally's senior management and board of directors. -
General AuditorAlly Financial Inc. Dec 2006 - Apr 2011Detroit, Mi, UsEstablished a stand-alone audit function for Ally Financial (f.k.a. GMAC) following its separation from General Motors. Consolidated 5 disparate audit teams totaling 50 FTE into a cohesive, high-performing, highly engaged global audit team of 115 professionals, while reducing departmental costs by 25% over 4 years. Key achievements included: raising the stature of the audit function over time to position it as a value-added risk, consulting and assurance activity; significantly and continuously upgrading the talent within the department while serving as a source of talent for the organization as a whole; implementing innovative and rigorous audit practices and methodologies; implementing new tools and technologies for audit department management; designing an emotional intelligence-based competencies model for internal audit professionals; and launching cutting edge learning and development programs.As a member of executive management team: contributed to business and corporate strategy and decisions; designed and implemented enhanced board and management governance routines; co-lead Ally's initial efforts to achieve compliance with regulatory requirements and expectations of bank holding companies; and contributed to the development of Ally's risk, compliance and loan review functions. -
PartnerKpmg Us Oct 2003 - Dec 2006New York, Ny, UsHelped build and lead KPMG's Detroit Risk Advisory Practice, which I helped grow from few than 10 professionals and minimal revenue, to one of the fastest growing practices in the country. During my tenure, revenues from advisory services increased from under $5 million to more than $20 million, and the number of professionals increased to nearly 100.Served as the lead financial services partner for KPMG's advisory services to GMAC (n.k.a, Ally), Comerica, Tower Automotive, American Axle, and several other clients. Provided various risk and advisory services including Sarbanes-Oxley implementation and testing services, internal audit co-sourcing, and risk assessments to a variety of additional clients, including the FHLB Chicago, Farm Credit Bank, Navistar, and Denso. -
Senior ManagerKpmg Jul 1999 - Sep 2003Toronto, On, Ca -
Vp Of Risk ManagementRepublic Bancorp Inc Mar 1998 - Jun 1999 -
Vp Of RiskGuardian National Acceptance Jun 1996 - Mar 1998
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ManagerKpmg Sep 1991 - Jun 1996Toronto, On, Ca
Mark Weintraub Skills
Mark Weintraub Education Details
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University Of Michigan - Stephen M. Ross School Of BusinessAccounting -
Wayne State UniversityManagement -
University Of MichiganAccounting -
Wayne State UniversityAnd Related Support Services
Frequently Asked Questions about Mark Weintraub
What company does Mark Weintraub work for?
Mark Weintraub works for Siriuspoint
What is Mark Weintraub's role at the current company?
Mark Weintraub's current role is SVP, Head of Internal Audit.
What is Mark Weintraub's email address?
Mark Weintraub's email address is ma****@****rgo.com
What is Mark Weintraub's direct phone number?
Mark Weintraub's direct phone number is +121823*****
What schools did Mark Weintraub attend?
Mark Weintraub attended University Of Michigan - Stephen M. Ross School Of Business, Wayne State University, University Of Michigan, Wayne State University.
What are some of Mark Weintraub's interests?
Mark Weintraub has interest in Social Services, Children, Economic Empowerment, Education, Animal Welfare, Arts And Culture, Health.
What skills is Mark Weintraub known for?
Mark Weintraub has skills like Risk Management, Enterprise Risk Management, Management, Sarbanes Oxley Act, Financial Risk, Internal Audit, Leadership, Finance, Internal Controls, Strategy, Auditing, Financial Analysis.
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