Marc Stencel currently serves as the Senior Vice President, Director, and Head of Regulatory Reporting at Customers Bank, where he leverages over 15 years of extensive experience in accounting, financial analysis, and systems management to drive innovation in regulatory compliance. In this pivotal role, Marc...
Marc Stencel currently serves as the Senior Vice President, Director, and Head of Regulatory Reporting at Customers Bank, where he leverages over 15 years of extensive experience in accounting, financial analysis, and systems management to drive innovation in regulatory compliance. In this pivotal role, Marc is responsible for overseeing the teams dedicated to ensuring that regulatory agencies—including the Federal Reserve Bank (FRB), Federal Deposit Insurance Corporation (FDIC), and the U.S. Treasury—receive accurate and timely financial data. His commitment to a well-controlled and governed approach to data reporting not only enhances transparency but also promotes the stability and soundness of the financial system.
Marc's expertise in mitigation strategies and capacity planning is instrumental in navigating the complexities of regulatory filings and compliance requirements. His previous tenure as the Senior Director and Global Head of Regulatory Reporting at First Citizens Bank equipped him with a robust understanding of Generally Accepted Accounting Principles (GAAP) and the intricacies of Comprehensive Capital Analysis and Review (CCAR). At Customers Bank, he is focused on implementing innovative internal controls and user acceptance testing processes that ensure the integrity and reliability of financial reporting.
In addition to his technical skills, Marc is a strategic thinker who aligns IT strategy with regulatory objectives, fostering a culture of accountability and excellence within his teams. His leadership is characterized by a commitment to continuous improvement and a proactive approach to addressing the evolving landscape of financial regulations, making him a key asset in safeguarding the institution's compliance and operational integrity.
