Dominic Napolitano, Chief Model Risk Officer
Professional Overview
Dominic Napolitano is a seasoned finance executive with over 20 years of experience in risk management, enterprise strategy, and business development. As the Chief Model Risk Officer at BNY, he is responsible for leading the firm's model risk management program, ensuring regulatory compliance, and driving continuous improvements to the organization's risk modeling capabilities.
Experience Summary
Current Role
As Chief Model Risk Officer at BNY (since 2014), Dominic is responsible for overseeing the development, implementation, and ongoing monitoring of the firm's model risk management framework. He leads a team of risk modeling experts and works closely with business units to identify, assess, and mitigate model-related risks. Under his leadership, BNY has enhanced its model governance practices, improved model validation processes, and strengthened model risk reporting to the Board of Directors.
Career Progression
Prior to joining BNY, Dominic held various leadership roles at John Deere Financial, including Head of Enterprise Risk Management and Acting Director of Corporate Business Development & Strategy. In these positions, he played a key role in implementing enterprise-wide risk management strategies, driving international credit risk initiatives, and supporting the organization's strategic planning efforts.
Earlier in his career, Dominic worked as a Management Consultant in the Utilities Practice at PwC, where he provided advisory services to energy companies on risk management, compliance, and operational optimization. He also served as a Senior Specialist at the Defense Nuclear Facilities Safety Board, contributing to the oversight and analysis of nuclear facility operations.
Academic Background
Dominic holds a Master of Business Administration (MBA) from the University of Chicago Booth School of Business and a Bachelor of Science in Mechanical Engineering from the University of Illinois at Urbana-Champaign.
Areas of Expertise
- Model risk management
- Enterprise risk management
- Financial services regulatory compliance
- Business strategy and development
- Credit risk analysis and mitigation
- Quantitative analysis and statistical modeling
Professional Impact
Throughout his career, Dominic has demonstrated a track record of driving meaningful improvements to risk management practices and enhancing organizational resilience. At BNY, he has played a pivotal role in strengthening the firm's model risk governance, establishing robust validation procedures, and improving the transparency and reporting of model-related risks to key stakeholders.
Dominic's expertise in quantitative risk modeling, combined with his strategic business acumen, has enabled him to provide valuable insights and guidance to senior leaders, contributing to the overall enhancement of BNY's risk management capabilities.
Conclusion
With his extensive experience in risk management, financial services, and strategic business advisory, Dominic Napolitano is a respected leader in the industry. As the Chief Model Risk Officer at BNY, he continues to drive innovation and excellence in the firm's risk management practices, positioning the organization for long-term resilience and success.
