On Thursday, November 21, NYLIB will hold our Annual Regulator Roundtable panel discussion. The panel discussion will be moderated by Steve Bush, Chairman, President, and CEO of Apple Bank. The panel will feature Janis Frenchak, Head of Consumer Compliance, Federal Reserve Bank of New York; Tracy Velez, Associate Deputy Comptroller for the Northeast, the Office of the Comptroller of the Currency; and Raymond Dorado, Acting Executive Deputy Superintendent — Banking, New York State Department of Financial Services. You can read a description of last year’s Annual Regulator Roundtable here. Please register below!
Moderator
Steve Bush, President and CEO of Apple Bank, will serve as moderator of the panel discussion. Steve previously served as Executive Vice President and Chief Operating Officer at Apple Bank, with oversight for the bank's lending units, as well as financial, risk management, planning, and operating functions. Steve joined Apple Bank in 1992 from Chemical Bank, where he was a Vice President in the Asset and Liability Management and Finance Divisions.
Speakers
Janis Frenchak leads Consumer Compliance Supervision for the Federal Reserve Bank of New York. In this role, she oversees consumer compliance holding companies’ supervision for firms over $10B, as well as Community Affairs (CA) and Community Reinvestment (CRA) examinations for all-size state member banks. Prior to joining the Federal Reserve Bank of New York, Janis was an officer and Assistant Vice President of the Federal Reserve Bank of Chicago for the Consumer Compliance Division, specializing in CRA, Fair Lending, and Unfair or Deceptive Acts or Practices (UDAP). Before joining the Federal Reserve System, she was the Vice President of a large, international banking organization, where she led the Fair Lending and UDA(A)P programs for national operations and across multiple consumer business lines, including mortgages, auto, commercial, and consumer loans. She also previously worked for the Economic Development Agency for Cook County, Illinois.
Tracy Velez is the Associate Deputy Comptroller (AsDC) in the OCC’s Northeast Region. In this role, she oversees seven offices and is responsible for supervising a combined 108 national banks and federal savings associations. Tracy has over 32 years of bank regulatory experience within the OCC’s Midsize and Community Bank Supervision (MCBS) division. Prior to accepting the AsDC position in December 2023, Tracy served as the Assistant Deputy Comptroller (ADC) in the Boston Office since 2019. Tracy has broad experience, having served in various leadership roles and offices nationwide, including ADC in Schaumberg, IL, Problem Bank Specialist in OCC Headquarters, and ADC Analyst in Nashville, TN. Tracy is a member of the MCBS Risk Committee and the OCC’s Climate Risk Implementation Committee. Tracy graduated from the University of South Florida with a bachelor’s degree in Accounting and Finance.
Ray Dorado is the Acting Executive Deputy Superintendent for the Banking Division of the New York State Department of Financial Services (DFS). In this role, he oversees the Division’s four supervision business groups — foreign and Wholesale Banking, Community and Regional Banking, Licensed Financial Services, and Real Estate Financing—as well as Banking Operations, which includes applications and subject matter expert groups. His career has focused on advising large financial institutions on regulatory compliance and corporate governance, as well as managing their transactions and their legal and reputational risk. For the last 5 years, he has been a senior banking regulator in New York. Outside of work, his other focus has been philanthropy and community service, including investor literacy, pro bono activities, and looking out for the welfare of 1,200 high school students in the Bronx.
Prior to joining DFS, he was Executive Vice President and Deputy General Counsel at Citizens Financial Group (CFG), where he headed the Enterprise Regulatory legal team and set CFG’s regulatory agenda. He also headed the Commercial Banking legal team and was a member of CFG’s Executive Leadership Group. He joined CFG in 2015 to help it separate from its then-parent company, Royal Bank of Scotland. From 2003-14, he held executive legal and business leadership positions at BNY Mellon, including Acting General Counsel, and was a member of both the Executive and Operating Committees. He also served as the legal advisor to the Risk Committee of BNY Mellon’s Board of Directors. From 1987-2003, he was a Managing Director and Deputy General Counsel at Credit Suisse/CS First Boston, heading legal teams for the Securities Division, the Investment/Commercial Banking Division, and the Litigation Group. Before that, he was in private practice. He holds a JD from George Washington University Law School, a Master of International Affairs, and a BA from Columbia University. Ray is a member of the Federal Financial Institution Examination Council (FFIEC) State Liaison Committee (SLC), which recommends and prescribes uniform principles and standards for the federal examination and supervision of financial institutions, and the Regulatory Committee of the Conference of State Bank Supervisors. He has held leadership positions on the Securities Industry & Financial Markets Association’s (SIFMA) General Counsels Committee (Chairman and Vice Chairman - 2003-14), SIFMA’s Compliance & Legal Society Executive Committee (2000-19), where he has been a frequent lecturer at industry seminars and financial literacy events sponsored by the SIFMA Foundation and the Compliance Advisory Committee of The New York Stock Exchange, Inc. (1996-2003). He has served on the Boards of Directors of Precision Valve Corporation (a privately-held global manufacturing/packaging company - 2006-15), BNY Investment Center, Inc. (U.S. broker-dealer - 2004-06), CSFB Canada Ltd. (Canadian broker-dealer and TSX member - 1999-2003), The BNY Mellon Foundation - 2007-14 (philanthropic), The George Link, Jr. Foundation – Chairman - 2006-14 (philanthropic), and on the Board of Trustees of Fordham Preparatory School (chaired the Risk and the Nominating & Governance Committees and was a member of the Executive Committee – 2017-23).
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If you are registering for multiple attendees, please email names, titles, and email addresses to info@nylib.org. Thank you!