WASHINGTON, D.C. – Aug. 16, 2011 – Steve Fritts has joined the Washington, D. C., office of Protiviti Inc. (www.protiviti.com), a global consulting firm, as a managing director in the firm’s Risk and Compliance group. In this role, Fritts will focus on meeting increased client demand in a financial services industry that is adapting to a rapidly changing environment. Drawing on his unique background and experience as a regulator, Fritts will assist financial organizations in addressing regulatory changes, such as the Dodd-Frank Act, as well as help strengthen their risk management policies and procedures.
Fritts, who joins Protiviti from the Federal Deposit Insurance Corporation (FDIC), has worked as a federal bank regulator for more than 30 years, with expertise in risk management, consumer protection, and bank resolutions and liquidation. In addition, his experience includes more than 20 years in operational, administrative and policy development functions. He most recently served as the FDIC’s associate director of the Division of Supervision for Risk Management Policy. Fritts also has held several other leadership positions with the FDIC, including associate director of the Division of Compliance and Consumer Affairs, assistant director of the Division of Liquidation in Dallas, and deputy regional director of the Resolution Trust Corporation in Dallas.
He received a Bachelor of Arts degree in English and a minor in business from Murray State University in Kentucky. Fritts is also a graduate of the Federal Executive Institute and was a commissioned bank examiner. He resides in Arlington, Va.