Tsegaye Assefa

Tsegaye Assefa

VP, Program Manager, Operational Risk Management @ City National Bank

About Tsegaye Assefa

Tsegaye Assefa serves as the Vice President and Program Manager for Operational Risk Management at City National Bank, where he has worked since 2020. He has extensive experience in risk management and project management, having held positions at Wells Fargo, Capital One, and City National Bank.

Current Role at City National Bank

Tsegaye Assefa serves as the Vice President and Program Manager in Operational Risk Management at City National Bank. He has held this position since 2020, contributing to the bank's risk management strategies and operational efficiency. His role involves overseeing various programs aimed at identifying and mitigating operational risks within the organization. Assefa's expertise in risk management plays a crucial role in ensuring the bank's compliance with regulatory requirements and internal policies.

Previous Experience at City National Bank

Before his current role, Tsegaye Assefa worked at City National Bank as an Assistant Vice President and Risk Analyst II in Operational Risk Management from 2019 to 2020. During this year-long tenure in Los Angeles, California, he focused on analyzing operational risks and implementing strategies to enhance the bank's risk management framework.

Experience at Wells Fargo

Tsegaye Assefa has significant experience from his time at Wells Fargo, where he worked for a total of seven years. He served as a Project Manager from 2012 to 2015 and as a Project Analyst from 2007 to 2011, both roles based in the Washington D.C. Metro Area. His responsibilities included managing projects and analyzing data to support operational improvements within the bank.

Background in Enterprise Risk Management

Assefa also worked at Capital One in Enterprise Risk Management from 2016 to 2019. This three-year role in McLean, Virginia, involved assessing and managing risks associated with the bank's operations, further enhancing his expertise in the field of risk management.

Education and Expertise

Tsegaye Assefa holds a Bachelor of Science degree in Marketing from Virginia Commonwealth University. His educational background, combined with his extensive experience in operational and enterprise risk management, equips him with the skills necessary to navigate complex risk landscapes in the banking sector.

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