Daily News: March 28, 2014

Risk Management Veteran Joins Deloitte

Jeff Curry, a banking risk management leader with more than 35 years of experience in the public and private sector, joined Deloitte’s governance, regulatory and risk strategies practice as a director. Curry will assist Deloitte’s banking clients with stress testing, enterprise risk management, and regulatory compliance programs.

During his career, Curry served at a number of bank-focused consulting firms and large financial institutions. He also assisted a number of federal regulatory agencies in establishing risk-based examination programs and was a senior officer at two federal banking regulatory agencies in Washington, D.C. He joined the Office of Thrift Supervision in 1988, advancing to assistant director and managing a team responsible for monitoring the risk exposure and financial condition of the top 25 troubled thrifts. He was later recognized with the Secretary of the Treasury’s Annual Performance Award for his efforts. Curry subsequently helped launch the Office of Federal Housing Enterprise Oversight, now known as the Federal Housing Finance Agency, and was the agency’s first senior capital markets officer.

“As both a former regulator and a bank risk manager, Jeff has focused on risk management from nearly every angle,” said Kevin McGovern, managing partner of governance, regulatory and risk strategies for Deloitte & Touche. “Be it a comprehensive enterprise risk management overhaul or projects focused on an individual risk category or a dimension of the risk management process, his three-plus decades of experience will be invaluable to our clients.”

“Regulators are making it clear that they are zeroing in on financial institutions’ risk management capabilities today,” said Curry. “Whether it is in strengthening risk governance or tackling daunting data and technology challenges, to name two areas now increasingly being looked at, financial institutions have a long way to go to achieve a truly proactive risk management capability. Deloitte is a leader in financial institution risk management services, recognized for its depth and breadth of services, and I am excited to now be part of this team.”

Based in Deloitte’s Washington office and a resident of Leesburg, VA, Curry is a member of the Steering Committee for the Washington, D.C., chapter of the Professional Risk Managers International Association. Curry is also a frequent speaker on financial and risk-related issues at banking trade associations and educational organizations.