Diane Novak, EVP, Chief Risk Officer and Chief Ethics Officer
Professional Overview
Diane Novak is a seasoned financial services executive with over 15 years of experience in compliance, risk management, and ethics leadership. As the EVP, Chief Risk Officer and Chief Ethics Officer at HomeStreet Bank, she is responsible for developing and overseeing comprehensive risk management and ethics programs to ensure the organization's operations and decision-making adhere to the highest standards of regulatory compliance and ethical conduct.
Experience Summary
Current Role
In her current role at HomeStreet Bank, Diane is responsible for identifying, assessing, and mitigating enterprise-wide risks, as well as leading the bank's ethics and compliance initiatives. She works closely with the executive team and board of directors to develop and implement robust risk management strategies, ensuring the bank maintains a strong control environment and proactively addresses emerging risks. Diane has also been instrumental in fostering a culture of ethical behavior and integrity throughout the organization.
Career Progression
Prior to her current position, Diane held several senior compliance and risk management roles at leading financial institutions, including Citizens Financial Group, Silicon Valley Bank, and Toyota Financial Services. She has a proven track record of developing and enhancing compliance programs, driving operational efficiencies, and implementing innovative solutions to complex regulatory and ethical challenges. Diane's deep industry expertise and strategic leadership have had a significant impact on the organizations she has served.
Academic Background
Diane holds a Bachelor of Science degree in Business Administration from the University of California, Berkeley, with a focus on Finance and Accounting. She is also a Certified Compliance and Ethics Professional (CCEP) and a Certified Anti-Money Laundering Specialist (CAMS), demonstrating her commitment to continuous professional development and the pursuit of industry-leading expertise.
Areas of Expertise
- Enterprise Risk Management
- Regulatory Compliance
- Ethics and Integrity Programs
- Banking and Lending Compliance
- Broker-Dealer and Investment Advisory Compliance
- Anti-Money Laundering and Fraud Prevention
- Strategic Leadership and Change Management
Professional Impact
Throughout her career, Diane has been recognized for her ability to drive measurable improvements in risk management, compliance, and ethical practices. She has led the implementation of advanced risk assessment and monitoring tools, streamlined compliance reporting processes, and successfully navigated complex regulatory examinations. Diane's contributions have been instrumental in enhancing the overall risk posture and compliance maturity of the organizations she has served.
Conclusion
Diane Novak is a highly accomplished financial services executive with a demonstrated track record of excellence in risk management, compliance, and ethics leadership. In her current role at HomeStreet Bank, she is poised to continue driving transformative change and positioning the organization for long-term success through the implementation of robust risk management strategies and the fostering of a strong culture of ethical behavior.
