Adam Newman, Chief Risk Officer
Professional Overview
Adam Newman is a seasoned risk management executive with extensive experience in the financial services industry. As the Chief Risk Officer at TD, he is responsible for overseeing the bank's comprehensive risk management framework, ensuring the identification, assessment, and mitigation of various risks across the organization.
Current Role
As the Chief Risk Officer at TD since 2018, Adam leads a team of risk management professionals and collaborates closely with senior leadership to develop and implement risk strategies that align with the bank's strategic objectives. He is instrumental in fostering a strong risk-aware culture, promoting informed decision-making, and ensuring compliance with regulatory requirements.
Career Progression
Prior to his current role, Adam served as the Deputy Chief Risk Officer at TD, where he played a crucial role in enhancing the bank's risk management practices and driving continuous improvements. Earlier in his career, he held various risk management positions at leading financial institutions, gaining valuable experience in areas such as credit risk, market risk, and operational risk.
Academic Background
Adam holds a Master's degree in Finance from the University of Pennsylvania, where he graduated with distinction. He also earned a Bachelor's degree in Economics from the University of Chicago, showcasing his strong academic credentials and commitment to professional development.
Areas of Expertise
Adam's areas of expertise encompass a wide range of risk management disciplines, including credit risk analysis, market risk modeling, operational risk management, and enterprise-wide risk governance. He is adept at leveraging data-driven insights to inform strategic decision-making and navigate complex regulatory environments.
Professional Impact
Throughout his career, Adam has been recognized for his ability to spearhead innovative risk management initiatives. He has played a pivotal role in enhancing the bank's risk management capabilities, leading to improved risk-adjusted returns and enhanced risk resilience. Adam's thought leadership and industry contributions have earned him a reputation as a trusted advisor and subject matter expert in the field of risk management.
Conclusion
With his extensive experience, strong technical expertise, and strategic vision, Adam is well-positioned to continue driving the evolution of TD's risk management practices. As the Chief Risk Officer, he remains committed to fostering a culture of proactive risk management and contributing to the long-term success and sustainability of the bank.