BNY Mellon Hires New Chief Risk Officer to Replace Retiring Rogan

BNY Mellon has appointed James Wiener as senior executive vice president and chief risk officer for the company, starting November 24, succeeding Brian Rogan who is retiring at the end of 2014.

In this role, Wiener will lead the company’s global risk and compliance group, overseeing the compliance and credit, operational and market risk functions. He will focus on further building the company’s risk management capabilities, including integrating enterprise risk data, reporting, analytics, modeling and strategy efforts.

Wiener will serve on BNY Mellon’s Executive Committee, which oversees day-to-day operations of the firm. He will report to Gerald Hassell, BNY Mellon’s chairman and chief executive officer, and he will also report to the Risk Committee of the Board of Directors.

Prior to accepting the role at BNY Mellon, he served as a senior partner at Oliver Wyman, working as a leader in the North American Public Policy Practice and as a member of the firm’s management committee. At Oliver Wyman, he led the firm’s consulting focus on capital planning requirements under the Federal Reserve’s Comprehensive Capital Analysis Review (CCAR), Dodd-Frank derivatives reform, prudential standards for foreign banking organizations, and resolution and recovery planning. He had been with Oliver Wyman since 1994.

“Jim’s deep and wide-ranging experience provides him with a unique understanding of the risk management requirements and expectations of the public and private sectors,” says Hassell. “He will provide our company with strong leadership, counsel and vision in the ongoing management of our compliance and credit, operational and market risk areas.”