Robert E. Phelan, CFA has held a number of top risk management roles at leading financial institutions, including Nomura Securities International and American Express (AXP). During his 16 years at American Express, he held four SVP positions: Global Risk Oversight Officer, Chief Risk Officer for 21 Countries, Chief Credit Officer for US Small Business, and Chief Operational Risk Officer. His expertise includes enterprise risk, credit risk, market risk, fraud, and risk systems development, and ten years of AXP Bank Board service.
Bob has delivered high-impact strategies with Big Data analytics and automated decision models running with proper risk oversight. As Global Risk Oversight Officer, he developed AXP’s risk appetite framework that was approved by the Board and prudential regulators (FRB, OCC, FDIC). He also addressed operational risk and compliance issues across all business units with close cooperation with the CEO, CRO, CFO, and Business Unit Presidents. As Chief Operational Risk Officer, he built the Operational Risk teams to support fraud, information security, privacy, and model risks. Bob is highly analytical and knows when, why, and how a company should machine learning models. His team developed the Baseland CCAR models and oversaw all company models and policies.