Robert Riggs

Background

About Robert Riggs

Offers over 10 years progressive advancement in finance and accounting, specializing the last 5 years in model risk management. Works closely with senior leadership and partners throughout the organization to implement risk management processes, effectively reducing costs, mitigating losses, and driving increased profits. • Organized and managed 2 executive level model risk committees, including committee selection and content creation, that materially increased the value and scope of model risk management across the entire enterprise • Created an educational conference with over 300 people for Toastmasters International and improved member experience survey scores by over 25% • Empowered over 100 stakeholders to implement risk framework and operational systems, including ongoing model performance plans for more than 60 solutions, which fully resolved supervisory findings and created measurable Key Risk Indicators (KRIs) for all Bank models • Enhanced the model validation, review, and documentation processes at 2 different banks for over 60 engagements per year that led to improved integrations between model use and material business decisions • Developed a 1–, 3–, and 5–year plan for the model risk management department with a corresponding budget, allowing the CRO to maintain reasonable cost estimates for annual budget negotiations with the executive committee • Properly managed and facilitated communication between more than 50 external direct reports in addition to mentoring junior professionals on various tasks and industry–wide practices with measured progress towards them managing their own projects • Successfully recruited potential team members to broaden the scope of the company’s business initiatives and income streams, including recruiting SMEs with specific technical skills that directly increased the knowledge base of the company • Teach across all formats – In-Person, over Zoom, Hybrid / Hi-Flex, and Asynchronously – at the community college level for an average of 70 students per semester to best meet the student demands of the college and increase enrollment • Effectively presented in front of various audiences as an SME in both larger educational formats as well smaller committee formats with formal voting procedures, increasing committee engagement and continued discussion with effective challenge