Brett Power

About Brett Power

As a dynamic and growth-focused Risk & Controls Executive, I bring over 20 years of leadership experience in the private and public sector. Key focus in Financial Crime Risk, Anti-Money Laundering, Data Analytics, and cybersecurity within the banking and financial services sector. My leadership spans strategic initiatives across multinational landscapes, where I\'ve championed innovative approaches to combat financial crimes while ensuring regulatory adherence.I am adept at deploying cutting-edge technologies, lean methodologies, and robust risk management frameworks to fortify defenses against evolving threats. My expertise extends to developing and implementing fraud loss mitigation strategies and fraud capture models, leveraging advanced analytics to identify and mitigate risks proactively.My career trajectory reflects a commitment to excellence, characterized by directing large, globally matrixed teams and spearheading transformative programs. Combining a background in law enforcement and military operations with deep business acumen, I bring a unique perspective to leadership, fostering a people-centric approach to driving organizational success.Among my notable achievements:• Pioneered a companywide Product Channel Risk Assessment (PCRA) program within a prominent institutional bank, providing invaluable subject matter expertise to the Global AML Lead. My contributions facilitated seamless implementation and adherence to best practices, enhancing the institution\'s risk posture.• Led the design, development, and implementation of a Financial Intelligence Unit (FIU)/Center of Excellence (CoE), revolutionizing process excellence and control efficiencies. By adopting a threat-based management approach, we mitigated firm-wide risks and elevated control standards.• Spearheaded an impressive 18% reduction in control gaps across Financial Crime Risk (FCR) in just two years, strengthening the Enterprise-Wide Risk Assessment (EWRA) and Control Framework. My track record of success, coupled with a dedication to innovation and collaboration, positions me as a valuable asset poised to drive excellence and deliver results in any organizational setting.\"No man who is corrupt, no man who condones corruption in others, can possibly do his duty by the community.\" – President Theodore RooseveltKey Skills: Anti-Money Laundering (AML) Strategies | Financial Crime Risk Management | Operational Risk Frameworks | Global Regulatory Compliance | Cybersecurity | Data Analytics & Fraud Loss Mitigation Strategies

Experience

1. Global Head of Financial Crimes and Fraud Prevention Data & Analytics (C16), Fraud Risk Executive

   Citi

   Jun 2024 — Present · Jacksonville, FL, US

   As the Global Head of Financial Crime and Fraud Prevention (FCFP) Data & Analytics (C16), I lead a globally matrixed team of 500+ staff dedicated to the planning, prioritization, delivery, and ongoing direction of data, fraud & financial crime strategy development, rule implementation, information management, AI and technology solutions. My role involves spearheading the analytics, data, and modeling team within FCFP, and collaborating closely with Business and Enterprise Technology, Financial Crimes and Fraud Prevention Operations, Policy, Risk, Audit, and multiple management stakeholders. I am committed to fostering a culture of control, customer centricity, and accountability by anticipating business, client, operational, and regulatory needs, and delivering solutions that mitigate risk, maximize effectiveness, and enhance the client experience.• Lead the FCFP Analytics & Modeling organization globally within Citi\'s Operations & Technology business (1st Line), managing a team of 500+ professionals.• Oversee the development of fraud loss mitigation strategies and capture models, implementation of tools and technologies, and execution of AML/KYC Data Journey Validation programs.• Deliver the planning, prioritization, implementation, and direction of FCFP infrastructure, strategies, models, data, information management, and technology solutions.• Collaborate with FCFP and business functional partners, to ensure operational platform management and data analytics execution.• Develop and manage fraud risk prevention frameworks to ensure effective fraud loss mitigation and customer protection.• Ensure compliance with all model risk requirements, working with Model Governance, Legal/Compliance/Fair Lending.• Drive data governance, data quality/measurement, and resolve system issues across platforms related to releases, testing, issue management, and simplification.• Design, implement, and execute change management processes for product change and execution.

Education

• CLET Training

  Certificate IV in Business, Business Administration and Management, General

• Charles Sturt University

  Bachelor of Policing, Investigation

• Intellitrain

  Diploma of Financial Services (Finance/Mortgage Broking)

• Charles Sturt University

  Graduate Certificate in Commerce

• The Australian National University

  Certificate in Negotiation and Conflict Resolution, Diplomacy

• Charles Sturt University

  Master of Business Administration - MBA

• Charles Sturt University

  Diploma of Policing Practice

• CLET Training

  Certificate IV in Security and Risk Management, Risk Management

• University of North Florida

  At-Scene Traffic Crash/Traffic Homicide Investigation, Forensic Science and Technology

• Texas A&M University

  Graduate Certificate in Advanced International Affairs, Counterterrorism

• Charles Sturt University

  Graduate Certificate in Business Leadership

• Harvard Business School Online

  Business Analytics

Skills

• Analysis
• Leadership
• Financial Planning
• Mortgage Lending
• Operational Risk Management
• Financial Risk
• Change Management
• Relationship Management
• Integration
• Financial Analysis
• Business Planning
• Management
• Retail Banking
• Fraud
• Training
• Finance
• Insurance
• Financial Services
• Strategy
• Enterprise Risk Management
• Risk Assessment
• Government
• Governance
• Business Process Improvement
• Operational Risk
• Strategic Financial Planning
• Business Analysis
• Credit
• Policy
• Process Improvement
• Banking
• Stakeholder Management
• Team Leadership
• Project Management
• Credit Risk
• Risk Management
• Portfolio Management
• Loans
• Business Strategy