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Triumph Financial Appoints Mitchell Lee as Chief Risk & Compliance Officer

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Triumph Financial (Nasdaq: TFIN) has appointed Mitchell Lee as its new chief risk and compliance officer. Lee will oversee the company's enterprise risk and compliance efforts, reporting to Ed Schreyer, EVP and COO. His responsibilities include developing a comprehensive risk management framework across all divisions, ensuring regulatory compliance, and integrating risk management into strategic planning.

Lee brings extensive experience from his previous roles as chief risk and compliance officer at Synctera and director of fintech at the Federal Reserve Bank of San Francisco. His background in managing risk at the intersection of financial services and technology aligns with Triumph Financial's vision of driving innovation while maintaining regulatory excellence.

Triumph Financial (Nasdaq: TFIN) ha nominato Mitchell Lee come nuovo responsabile del rischio e della conformità. Lee sovrintenderà agli sforzi dell'azienda in materia di rischio aziendale e conformità, riferendo a Ed Schreyer, EVP e COO. Le sue responsabilità includono lo sviluppo di un quadro completo di gestione del rischio in tutte le divisioni, garantendo la conformità normativa e integrando la gestione del rischio nella pianificazione strategica.

Lee porta un'ampia esperienza dai suoi precedenti ruoli come responsabile del rischio e della conformità presso Synctera e direttore del fintech presso la Federal Reserve Bank di San Francisco. Il suo background nella gestione del rischio all'incrocio tra servizi finanziari e tecnologia si allinea con la visione di Triumph Financial di guidare l'innovazione mantenendo l'eccellenza normativa.

Triumph Financial (Nasdaq: TFIN) ha nombrado a Mitchell Lee como su nuevo oficial jefe de riesgo y cumplimiento. Lee supervisará los esfuerzos de riesgo empresarial y cumplimiento de la compañía, reportando a Ed Schreyer, EVP y COO. Sus responsabilidades incluyen desarrollar un marco integral de gestión de riesgos en todas las divisiones, asegurar el cumplimiento normativo e integrar la gestión de riesgos en la planificación estratégica.

Lee aporta una amplia experiencia de sus roles anteriores como oficial jefe de riesgo y cumplimiento en Synctera y director de fintech en el Banco de la Reserva Federal de San Francisco. Su experiencia en la gestión de riesgos en la intersección de servicios financieros y tecnología se alinea con la visión de Triumph Financial de impulsar la innovación mientras se mantiene la excelencia regulatoria.

트라이엄프 파이낸셜 (Nasdaq: TFIN)은 미첼 리를 새로운 최고 위험 및 컴플라이언스 책임자로 임명했습니다. 리는 회사의 기업 위험 및 컴플라이언스 노력을 감독하며, 에드 슈라이어(EVP 및 COO)에게 보고합니다. 그의 책임에는 모든 부문에서 포괄적인 위험 관리 프레임워크를 개발하고, 규제 준수를 보장하며, 전략적 계획에 위험 관리를 통합하는 것이 포함됩니다.

리지는 싱크테라(Synctera)에서 최고 위험 및 컴플라이언스 책임자로 재직한 경험과 샌프란시스코 연방준비은행의 핀테크 디렉터로서의 경력을 가지고 있습니다. 금융 서비스와 기술의 교차점에서 위험을 관리하는 그의 배경은 규제 우수성을 유지하면서 혁신을 주도하려는 트라이엄프 파이낸셜의 비전과 일치합니다.

Triumph Financial (Nasdaq: TFIN) a nommé Mitchell Lee en tant que nouveau responsable des risques et de la conformité. Lee supervisera les efforts de l'entreprise en matière de risque d'entreprise et de conformité, en reporting à Ed Schreyer, EVP et COO. Ses responsabilités incluent le développement d'un cadre de gestion des risques complet dans toutes les divisions, en garantissant la conformité réglementaire et en intégrant la gestion des risques dans la planification stratégique.

Lee apporte une vaste expérience de ses précédents postes en tant que responsable des risques et de la conformité chez Synctera et directeur des fintechs à la Réserve fédérale de San Francisco. Son expérience dans la gestion des risques au carrefour des services financiers et de la technologie s'aligne avec la vision de Triumph Financial d'encourager l'innovation tout en maintenant l'excellence réglementaire.

Triumph Financial (Nasdaq: TFIN) hat Mitchell Lee als neuen Chief Risk and Compliance Officer ernannt. Lee wird die Risikomanagement- und Compliance-Bemühungen des Unternehmens überwachen und an Ed Schreyer, EVP und COO, berichten. Zu seinen Aufgaben gehört die Entwicklung eines umfassenden Risikomanagementrahmens in allen Abteilungen, die Gewährleistung der Einhaltung von Vorschriften und die Integration des Risikomanagements in die strategische Planung.

Lee bringt umfangreiche Erfahrung aus seinen vorherigen Positionen als Chief Risk and Compliance Officer bei Synctera und als Direktor für Fintech bei der Federal Reserve Bank of San Francisco mit. Sein Hintergrund im Risikomanagement an der Schnittstelle von Finanzdienstleistungen und Technologie passt zu der Vision von Triumph Financial, Innovationen voranzutreiben und gleichzeitig regulatorische Exzellenz aufrechtzuerhalten.

Positive
  • Appointment of experienced chief risk and compliance officer
  • Strategic oversight of enterprise risk and compliance efforts
  • Integration of risk management into strategic planning
  • Alignment with company's vision of innovation and regulatory excellence
Negative
  • None.

DALLAS, July 30, 2024 (GLOBE NEWSWIRE) -- Triumph Financial, Inc. (Nasdaq: TFIN) is pleased to announce today the appointment of Mitchell Lee as chief risk and compliance officer. In his new role, Lee will be responsible for providing strategic oversight of the company’s enterprise risk and compliance efforts. This includes driving the ongoing development of a comprehensive enterprise risk management framework across all divisions of Triumph Financial including TriumphPay, Triumph and TBK Bank.  

Reporting directly to Ed Schreyer, Triumph Financial's executive vice president and chief operating officer, Lee will oversee the enterprise risk and compliance teams. His responsibilities will include ensuring adherence to legal and regulatory requirements and integrating risk management concepts into the company's strategic planning. 

Schreyer stated, "With extensive experience in managing risk, compliance, and regulatory affairs at the intersection of financial services and technology, Mitchell brings a wealth of knowledge that aligns with our strategic goals. His leadership at Synctera and the Federal Reserve Bank of San Francisco has equipped him with a unique perspective on the evolving fintech landscape, making him an ideal fit for Triumph Financial's vision of driving innovation for the future and ensuring regulatory excellence." 

Prior to joining Triumph Financial, Mitchell served as the chief risk and compliance officer at Synctera, a Banking-as-a-Service company that connects banks with embedded finance companies and fintech startups. He oversaw the company's risk management and compliance programs in this role. Before his time at Synctera, Mitchell was the director of fintech at the Federal Reserve Bank of San Francisco. In this position, he worked closely with regulators and policymakers on emerging financial technologies including cryptocurrency, marketplace lending, and Banking-as-a-Service. Mitchell currently serves as a board member at the 1990 Institute, a nonprofit organization that focuses on educational programming and championing the fair and equitable treatment of Asian Americans.  

Lee commented, "I was attracted to Triumph Financial because it is not just another bank or payments company. It offers a forward-thinking approach, strong leadership, and dedication to the trucking and financial services industry. I'm thrilled to be part of the team and to use my fintech and regulatory expertise to further develop innovative financial solutions that will improve our customers' connections, reduce risk, and support the trucking community."  

About Triumph Financial  
Triumph Financial, Inc. (Nasdaq: TFIN) is a financial holding company focused on payments, factoring and banking. Headquartered in Dallas, Texas, its diversified portfolio of brands includes TriumphPay, Triumph and TBK Bank.  

Source: Triumph Financial, Inc.  

Investor Relations Contact:  
Luke Wyse  
Triumph Financial, Inc.  
Senior Vice President, Head of Investor Relations  
lwyse@tfin.com  

Media Contact:  
Amanda Tavackoli  
Triumph Financial, Inc.  
Senior Vice President, Director of Corporate Communication  
atavackoli@tfin.com  


FAQ

Who is the new chief risk and compliance officer of Triumph Financial (TFIN)?

Mitchell Lee has been appointed as the new chief risk and compliance officer of Triumph Financial (TFIN).

What are Mitchell Lee's main responsibilities at Triumph Financial (TFIN)?

Mitchell Lee will be responsible for providing strategic oversight of the company's enterprise risk and compliance efforts, developing a comprehensive risk management framework, ensuring regulatory compliance, and integrating risk management into strategic planning.

What is Mitchell Lee's professional background before joining Triumph Financial (TFIN)?

Before joining Triumph Financial, Mitchell Lee served as the chief risk and compliance officer at Synctera and as the director of fintech at the Federal Reserve Bank of San Francisco.

How does Mitchell Lee's appointment align with Triumph Financial's (TFIN) strategy?

Lee's extensive experience in managing risk at the intersection of financial services and technology aligns with Triumph Financial's vision of driving innovation while maintaining regulatory excellence in the evolving fintech landscape.

Triumph Financial, Inc.

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