Stephen McMorries

Background

About Stephen McMorries

Experienced regulator and Accredited Payments Risk Professional (APRP), focusing in third-party risk management (TPRM) and payment systems risk. I serve as FRB St. Louis’s Fintech Risk Chair, Central Point of Contact (CPC) for fintech financial institutions, and as a system instructor for the Federal Reserve System’s Examiner Commissioning Program. CPC responsibilities include leading examinations and inspections, coordinating interagency supervisory events, ongoing monitoring and data analysis, staff development, scheduled touch points with bank management, and collaboration with state and federal agencies. As a field examiner, I lead TPRM program reviews and assess bank governance and controls related to BaaS programs and payment processing risks. Additional responsibilities include participation in team-oriented credit analysis covering various loan portfolios and industry sectors, as well as assessment of asset-liability management programs, Bank Secrecy Act/Anti-Money Laundering frameworks, information technology posture, and overall risk management programs for Community and Regional Banking Organizations across parts of seven mid-western states.