Philip Maziarz

Philip has over twenty years of experience in the financial services industry with a focus on national and global financial institutions, national and regional banks, and insurance companies. As part of the Risk & Compliance practice, Philip has led numerous efforts to develop creative end-to-end solutions or assessments, to help meet client needs and overcoming their challenges.  Philip is consistently sought-after to lead complex engagements in the areas of compliance, operational risk, operational process improvements, program management, issue management lookbacks and remediations, large-scale business and technological innovations, Internal Audit, training, and change management.

Major Projects

• Managed an assessment and implementation of risk management strategies for a top 10 U.S. bank’s mortgage division that further supported predictable financial and operational performance, resulting in successful client and shareholder outcomes. Deployed agile methodology for improved system activities, process roadmaps, data analysis, requirements gathering, dependency identification, and release priorities for sprint planning.
• Designed and developed risk management strategies, testing approaches, and future-state methodologies for compliance reviews and regulatory consent order milestone reviews. Engagements included identifying applicability of risk, laws, rules, and regulations, assessment of control activities, analyzing system changes to determine risk impacts, and assigning appropriate risk ratings consistent with established policy standards.
• Managed the execution of an enterprise risk & compliance risk assessments for a top-3 global credit card issuer and top online payments company, which included performing regulatory risk development and mapping of requirements and operational risks to business and governance processes; identifying, updating, and documenting controls; supporting the design and execution of the risk assessment process;  evaluating and reporting on the results of the risk assessment; providing back-office support to the quality risk management exercise; and evaluating and reporting on the results of the risk assessment.
• Managed the design review of all aspects of a top global bank holding company’s compliance management system. The design review included assessments of the company’s issue management, monitoring and testing, compliance risk assessment, and annual compliance planning processes. The project also included regular monthly reporting provided to senior management and the Boards of Directors of the holding companies.

Areas of Expertise

• Regulatory Compliance
• Enterprise Risk Management
• Risk and Control Self Assessments (RCSAs)
• Program & Project Management
• Control Development and Testing
• Operational Efficiency Improvement
• Internal Audit & Sarbanes-Oxley
• Data Governance & Management
• Merger, Acquisition, Integration & Divestiture Support

Industry Expertise

• Banking
• Financial Services

Education

• B.S. – Finance and Management Information Systems, Boston College

Professional Memberships and Certifications

• Six Sigma Green Belt
• Certified Internal Auditor
• Certified Information Systems Auditor
• Accreditation in Quality Assessment Review and Validation