Suman Pallan

• Directed independent oversight across eight risk categories, aligning operations with established enterprise risk frameworks and board-approved risk appetite. Championed enterprise-wide governance initiatives and led multi-year strategic planning for the risk management organization.
• Facilitated transparent escalation of identified risks to senior leadership and board risk committee to enhance decision-making processes.
• Oversaw measurement reporting and enterprise-wide escalation processes to enhance strategic and reputational risk management.
• Orchestrated alignment of corporate strategy with risk appetite and capital plans. Challenged and refined strategic and operational plans through independent analysis.
• Led RMO business administration initiatives focusing on financial management and staffing alignment. Oversaw special projects and conducted enterprise efficiency evaluations to optimize operations.
• Drove ongoing enhancements to risk appetite framework to strengthen metrics governance and align with organizational strategy.
• Developed and implemented offshoring strategy and vendor governance to enhance program management and optimize end-to-end execution.
• Championed the creation of 3-year strategic plans and annual operating plans. Oversaw monthly business reviews and comprehensive enterprise reporting.
• Spearheaded enterprise risk culture strategy training and learning initiatives to enhance organizational risk maturity.

Career Progression:

• SVP Head of Risk Strategy & Strategic Risk → SVP Head of Risk Strategy & Operations → SVP Chief Administrative Officer → SVP Chief Strategic & Reputational Risk Officer → EVP BU Chief Risk Officer

• Directed enterprise risk strategy formulation and policy development for risk appetite and analytics at a leading U.S. financial institution. Oversaw enterprise risk initiatives, including strategic investments and the introduction of new products.
• Oversaw the assessment of the enterprise risk profile to identify potential threats. Elevated instances of risk appetite breaches to executive leadership and board for strategic resolution.
• Managed transformation of digital lending processes, focusing on application decisioning and funding efficiency.
• Directed strategic allocation and oversight of $50M investment portfolio to enhance business technology operations and manage associated risks.
• Developed and implemented a $5M CFPB-related program, ensuring timely delivery and budget adherence while creating valuable reusable tools.
• Managed acquisition due diligence and integration strategies to ensure effective market entry of Lightstream within consumer direct lending sector.

Career Progression:

• FVP Consumer Banking PMO → SVP Consumer Lending & Deposit Solutions CAO → SVP Head of Risk Strategy

• Oversaw pricing strategies and profitability programs aimed at detecting revenue leakage and optimizing margins.
• Oversaw governance, risk, and regulatory initiatives to enhance organizational readiness for Basel II and Dodd-Frank regulations.
• Managed comprehensive vendor-solution integrations to ensure seamless functionality and operational efficiency post-launch.
• Performed in-depth analysis of lending profitability to enhance financial decision-making for top 10 national consumer bank.
• Provided strategic insights to senior executives regarding product strategy and operational enhancements aimed at increasing revenue.

• Executed financial strategies that led to 20% rise in non-interest income for a top 25 national bank and contributed to $75 million revenue increase for a top 5 regional bank.