Karen Craigmile
About Karen Craigmile
Karen Craigmile serves as the Chief Audit Executive at City National Bank since 2021, bringing extensive experience from previous roles at institutions such as Bank of Hope and Citi.
Current Role at City National Bank
Karen Craigmile serves as the Chief Audit Executive at City National Bank, a position she has held since 2021. In this role, she is responsible for overseeing the internal audit function, ensuring compliance with regulatory standards, and enhancing the effectiveness of risk management processes. Her leadership contributes to the bank's commitment to maintaining high standards of governance and operational integrity.
Previous Experience in Internal Audit
Prior to her current role, Karen Craigmile held several significant positions in internal audit. She worked at Citi as SVP Director of Internal Audit from 2020 to 2021. Before that, she served as Chief Audit Executive at Bank of Hope for one year from 2018 to 2019. Additionally, she was Chief Auditor at Western Alliance Bancorporation from 2015 to 2018, where she managed audit activities and risk assessments.
Background in Banking and Regulation
Karen Craigmile has extensive experience in the banking sector, particularly in regulatory roles. She worked at the Federal Reserve Bank of Richmond from 2005 to 2010 as Deputy Central Point of Contact for Large Bank Supervision and Regulation. This role involved overseeing compliance and regulatory matters for large banking institutions, contributing to her expertise in risk management and regulatory frameworks.
Education and Academic Qualifications
Karen Craigmile earned a Bachelor of Science degree in Mathematics and Computer Information Systems from Newman University. Her academic background includes a concentration in Statistics, which provides her with a strong foundation in analytical skills essential for her roles in audit and risk management.
Career Progression in Information Systems
Karen Craigmile began her career in information systems, working at Hilti North America as Manager of Customer Relations in Information Systems Services from 1994 to 2001. She later transitioned to roles in corporate audit and change management, including a position as Senior Change Executive at ATI Specialty Materials from 2001 to 2004, before moving into internal audit positions in the banking sector.