Brian Goldman has been named executive vice president and chief risk officer at Dallas-based Comerica, effective Dec. 4.
Mr. Goldman will succeed Jay Oberg, who is scheduled to retire in December 2024 after more than 32 years at Comerica. Oberg will remain Comerica's senior vice president until his retirement, the company said.
As chief risk officer, Goldman will report directly to Comerica's Chairman, President and CEO Kurt Farmer and the Enterprise Risk Committee of Comerica's board of directors.
Goldman will be responsible for overseeing risk across the firm, including the governance of all internal risk management activities. Integrating risk principles into strategic planning. Leads the second line risk management function. Identifying emerging risks related to regulations, products, services, customer types, and channels.
“Brian has demonstrated leadership and experience in leading enterprise risk. We are pleased to welcome him to Comerica to further advance our programs as the banking industry continues to experience change.” Farmer said in a statement. “Jay has played a key role in his many accomplishments that have helped strengthen Comerica's risk infrastructure, and we wish him all the best as he prepares for his retirement.”
Key roles at Goldman Sachs and Citibank
Mr. Comerica said Mr. Goldman has held numerous risk management roles at both Goldman Sachs and Citibank, most recently with the Institutional Client Group and Citibank, Citigroup's major U.S. banking subsidiary. He is NA's head of operational risk.
He spent 23 of his 26 years in leadership roles at Goldman Sachs, where he helped establish a major risk function. Mr. Goldman previously served as chief risk officer for operations and then as head of enterprise risk management, where he established the organization's enterprise risk management framework.
He then became Head of Operational Risk, where he oversaw the identification, monitoring, reporting, and mitigation of all operational risks.
Prior to these roles, Mr. Goldman held multiple positions within Goldman Sachs focused on process execution, transformation, and risk management.
Oberg joined Comerica in 1991 as a financial analyst in the controller division. After moving to Corporate Development in 1995, he became Comerica's Head of Corporate Planning and Development in 2007, broadening the scope of his work.
In 2016, Oberg's role expanded as he began serving as EVP of Corporate Development, Strategy and Capital Planning. He then assumed the role of Chief Risk Officer in 2019.
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