Patrick Costigan

About Patrick Costigan

Dynamic and trusted senior operational risk leader with over two decades of experience…

Experience

1. Operational Risk Senior Officer - Corporate & Investment Banking

   Wells Fargo

   Jun 2021 — Present

   Facilitates execution of the Operational Risk Management policy as it relates to the firms risk framework, ensuring compliance with industry regulations and internal policies. Commands a deep knowledge of operational and enterprise risk management concepts, risk frameworks, business processes, banking products and good governance practices allowing for a pragmatic and effective approach to risk management. Independently challenges existing risk management fundamentals and assumptions to proactively identify, measure, monitor, and control non-financial operational risks. Oversees Risk Control Self Assessments (RCSA) for covered business, helping to define risks, raise Issues, monitor the development of effective Controls and the implementation Corrective Actions. Innovative and able to lead initiatives to simplify and strengthen policies, processes and procedures through effective Change Management. Promotes a risk culture that ensures effective risk governance and proper escalation to stakeholders. Conducts Root Cause Analysis of internal and external operational risk events and near misses to improve procedures and controls to identify Inherent risks and reduce residual risks. Possesses effective collaboration skills used to support and mentor other colleagues. Leads projects to identify nontraditional risks and flawed processes ultimately reducing risks. Delivers operational risk data and analysis for quarterly engagements with regulatory agencies.

Education

• Pace University - Lubin School of Business

  Certified Compliance and Regulatory Professional (CCRP), AML, BSA, OFAC, FCPA, Dodd Frank, Basel III, FATCA/FACTA, Cyber security.

  2014 — 2015

• University of Vermont

  Bachelor's Degree, Economics, Minor: Accounting

Skills

• Derivatives
• Electronic Trading
• Options
• Prime Brokerage
• Trading
• Swaps
• Structured Products
• Fixed Income
• Trading Systems
• Equity Trading
• Equity Derivatives
• Securities Lending
• Middle Office
• Securities
• Hedge Funds
• Equities
• Fx Options
• Capital Markets