Brandon Rust
About Brandon Rust
Brandon Rust serves as the Vice President and Divisional Risk Manager for Investment Services at City National Bank, where he has worked since 2023. He has extensive experience in risk management and compliance, previously holding various roles at Fifth Third Bank and Fidelity Investments.
Work at City National Bank
Brandon Rust currently serves as Vice President and Divisional Risk Manager for Investment Services at City National Bank. He has held this position since 2023, contributing to the bank's risk management strategies. His role involves overseeing the implementation of a corporate-wide Risk and Control inventory design and taxonomy alignment within Investment Services. Rust's leadership in this area is aimed at enhancing the bank's operational risk governance.
Previous Experience at Fifth Third Bank
Before joining City National Bank, Brandon Rust worked at Fifth Third Bank in various roles. He served as the Business Controls Manager for Capital Markets from 2022 to 2023 and as the Line of Business Principal Project Manager for Capital Markets Operations from 2020 to 2022. His tenure at Fifth Third Bank also included positions as a Business Controls Analyst III and a Private Client Service Trust Officer, where he developed a comprehensive understanding of risk management and compliance.
Education and Expertise
Brandon Rust studied at Northern Kentucky University, where he earned a degree in Business Administration with a focus on Management, Marketing, and Operations. His educational background provides a solid foundation for his expertise in risk management and operational governance within financial services.
Achievements in Risk Management
Rust successfully spearheaded the first end-to-end internal audit within the Capital Markets division at Fifth Third Bank, achieving a Satisfactory rating, which is attained by only 30% of company-wide audits. He also leads a team of Risk Managers executing the Operational Risk Governance Program across multiple sectors, including Wealth Management and Treasury/Collateral, demonstrating his commitment to enhancing risk management practices.
Role in Regulatory Compliance
In his current role, Brandon Rust acts as a liaison between Line of Business Senior Vice Presidents and Internal and External Regulators. He ensures adherence to OCC Heightened Standards, which is crucial for maintaining compliance in the financial industry. His responsibilities include designing a full scope KRI/KPI Program to provide risk-based metrics and health checks for control testing.