Joshua Domagala

About Joshua Domagala

Summary of Background: Joshua Domagala is an experienced finance and accounting professional with over 15 years of experience working with compliance and regulatory issues within the banking, consulting, and financial services sectors. Joshua has helped lead regulatory, compliance, control monitoring, and operational risk efforts for Citigroup where he has served as a compliance project lead for many Middle Office assessment units and developed a consistent standard model for the company’s Managers Controls Assessment process. During other roles, he created and developed accounting system policies to comply with Sarbanes-Oxley, assessed policies and procedures, evaluated independent reviews’ and model validations’ impacts on audit reports, identified gaps in a CECL implementation plan, development of Model Performance Tracking Governance for critical/high risk models, & executed regulatory reporting (FFIEC 031, FFIEC 041, FR Y-9C, 10-Q). Skills to promote risk-awareness and overall effectiveness of risk and compliance management programs, risk analytics and operations in a business. I am able to partner and collaborate with Compliance, Risk Management, IT, Audit Services, Regulators and Business Operations to support risk and compliance-based initiatives. Manage risk assessment data and identity key data-driven insights tied to the first and second line of defense. Support business lead(s) adherence to establish risk framework and ongoing supervision of business controls; including, risk and control self-assessment, identification and evaluation of control effectiveness, identifying control failures, facilitating risk and compliance remediation, internal and external audits and regulatory exams, and monitoring of the first and second line of dense to minimize risk exposures and strength the overall control environment- Over 10 years of direct team lead or people management experience- Over 10 years directing staff and initiatives supporting risk and control management programs, to include governance support, risk oversight, risk infrastructure development, risk identification, quantification, aggregation, and emerging risks- Over 14 years of experience supporting risk and/or compliance related activities in a financial services operating environment- The ability to partner with key stakeholders in the business and oversee the identification, assessment and documentation of risks and controls, including risks associated with new or modified products, services, distribution channels, regulations and/or third-party operations.

Experience

1. Lead Business Risk & Control

   USAA

   Mar 2021 — Present · Buffalo, NY, US

   MRA Remediation for Retail Bank (Control Validation & Issue Management)- OCC Examination Review- Audit Examination Review- Directs and oversees multiple initiatives in support of risk and/or regulatory compliance related initiatives including but not limited to oversight of procedures/process, accurate regulatory reporting and filing, document governance, risk control self-assessments, procedure governance, control design, new product controls, CoSA Third Party Governance, or quality governance- Identifies and leads existing and emerging risks stemming from business activities and the job role- Ensures risks associated with business activities are effectively identified, measured, supervised, and controlled- Follows written risk and compliance policies, standards, and procedures for business activities- Identifies compliance and/or profit growth opportunities and provides guidance on procedure and process improvements to influence optimization- Provides gap analysis, recommendations, and strategic direction to enhance business programs, projects, agile projects and/or processes in a client consulting capacity- Responsible for supervising risks within the internal control environment and advising on and recommending risk mitigation actions by collaborating with Compliance, Legal, Operational Risk Management, and Business Experience Owners- Leads efforts to conduct root cause diagnostics of key processes, controls, regulatory requirements to identify and detail these issues- Monitors, develops and communicates audit testing, control testing and examination requests- Leads the development, management of consistent execution of operational reporting and provides trend analyses and solutions- Advises senior management on the status of their control environment related to risk identification and control weaknesses- Responsible for first line of defense data analysis, report preparation and trend analysis, utilizing business intelligence tools.

Education

• Erie Community College

  Paralegal

  2013 — 2015

• State University of New York at Buffalo - School of Management

  Accounting

  2016 — 2018

• University at Buffalo School of Management, The State University of New York

  Master's

  2023 — 2024