Andrew Degman
About Andrew Degman
Andrew Degman is the Managing Director Affiliate Transactions Compliance Director at CIBC, with extensive experience in financial governance and compliance roles at BMO Harris Bank.
Current Role at CIBC
Andrew Degman is currently serving as the Managing Director Affiliate Transactions Compliance Director at CIBC. He has held this role since 2021 and is based in Chicago, Illinois, United States. In this capacity, Degman oversees compliance efforts, ensuring adherence to regulatory requirements within affiliate transactions.
Previous Experience at BMO Harris Bank
Andrew Degman has a robust history with BMO Harris Bank, where he held multiple positions over a span of 11 years. His roles included U.S. Financial Governance Manager (2015-2021), Manager of Complaint Governance and Customer Experience Action Planning (2013-2015), Bank Manager (2010-2013), and Branch Manager (2005-2010). During his tenure, he worked in various locations within Illinois, including the Greater Chicago Area, St. Charles, and Schaumburg.
Early Career
Degman's early career included positions such as Mortgage Specialist at Ameriquest Mortgage in Burr Ridge, Illinois (2004-2005). He also interned at the Chicago Police Department as the Chief of Staff: Office of the Superintendent in 2003, where he gained valuable insights into organizational operations. These roles provided foundational experiences that helped shape his future career path.
Educational Background
Andrew Degman holds an MBA in Accounting and Finance from Dominican University, completed between 2015 and 2019. He also earned a Bachelor of Arts degree from Wabash College, where he majored in Political Science and double minored in History and Rhetoric, graduating in 2004. His academic background has equipped him with a comprehensive understanding of finance and regulatory requirements.
Specific Roles and Responsibilities
In his current role, Degman serves as the US Region Regulation W Officer, overseeing compliance with specific regulatory requirements. He leads project work focused on related party and covered person transactions and supports compliance monitoring efforts related to the Volcker Rule, which restricts certain speculative investments by banks. These responsibilities are critical in maintaining compliance standards and ensuring regulatory adherence.