Daily News: July 31, 2014

PwC Risk Assurance Practice Names Rosensweig as Principal

PwC US announced Seth Rosensweig joined the firm as a principal in the Risk Assurance practice to support its growing Advanced Risk & Compliance Analytics (ARCA) service line.

Rosensweig will work closely with John Sabatini, a principal in PwC’s Risk Assurance practice who leads ARCA, to provide data analytics services that help clients strengthen their risk and regulatory compliance functions.

“Regardless of the industry, companies can make smarter business decisions and comply with constantly evolving regulations by having a greater understanding of their data and the systems that manage this information,” said Dean Simone, leader of PwC’s U.S. Risk Assurance practice. “To stay ahead and manage risk, they must draw upon the most innovative and advanced enterprise-wide business approaches to data analytics. At PwC, we’ve assembled a deep bench of experienced industry professionals like Seth, who have strong track records developing tailored, high-quality risk and compliance solutions that enable senior management to focus on the high-risk areas of their business.”

Throughout his career, Rosensweig has been a leader in innovating and launching advanced data and technology solutions focused on risk, regulatory and compliance, and operational risks, among others. Prior to joining PwC, Rosensweig led the financial services risk and compliance technology service offerings of a leading management consulting advisory firm and was responsible for the build-out of their financial services office. Before that, he co-led the financial services risk and compliance technology group at a global accounting and consulting firm, which included development of programs to support compliance with Dodd-Frank and consumer compliance regulations.

“Seth brings additional talent and technical industry experience to our growing ARCA practice,” said Sabatini. “We’re combining seasoned professionals and innovative solutions to help our clients monitor their businesses in real time and harness their data in powerful new ways.”

“This is a great opportunity to work with an extremely talented group of professionals who are solely focused on risk and finding solutions for their clients,” said Rosensweig. “This new role will allow me to draw on my background in highly-regulated industries like financial services and energy to turn our clients’ data into actionable intelligence and insights that address business and compliance issues.”