As the Executive Vice President and Chief Operating Officer of Corporate Risk at Wells Fargo, Kate Toomey plays a pivotal role in reshaping the bank's approach to risk management in an increasingly complex financial landscape. With over two decades of leadership experience across major global...
As the Executive Vice President and Chief Operating Officer of Corporate Risk at Wells Fargo, Kate Toomey plays a pivotal role in reshaping the bank's approach to risk management in an increasingly complex financial landscape. With over two decades of leadership experience across major global financial institutions, Kate brings a wealth of expertise in business strategy and transformation. Her current responsibilities include overseeing the transformation of Wells Fargo's global risk operating model, enhancing the risk management framework, and refining risk governance practices. Reporting directly to the Chief Risk Officer, she is instrumental in steering the Corporate Risk Executive Leadership team, where she collaborates on the development and execution of a comprehensive three-year business strategy and financial plan.
Under her leadership, the Corporate Risk transformation portfolio, valued at over $220 million, is set to drive significant advancements in regulatory risk management and operational efficiency. Kate’s strategic vision emphasizes the integration of innovative technology initiatives that not only streamline processes but also enhance the bank's ability to navigate regulatory landscapes effectively. Her commitment to product innovation and organizational leadership positions Wells Fargo at the forefront of industry standards in risk management. By leveraging her extensive background in capital markets, investment banking, and corporate banking, Kate is dedicated to fostering a culture of proactive risk assessment and mitigation, ensuring that Wells Fargo remains resilient and responsive to the evolving demands of the financial services sector.
