Skip Sorg
About Skip Sorg
Skip Sorg is the Chief Risk Officer at First Financial Bank in Cincinnati, Ohio, with extensive experience in risk management, financial planning, and regulatory compliance.
Title
Skip Sorg serves as the Chief Risk Officer (CRO) at First Financial Bank located in Cincinnati, Ohio, United States.
Current Role at First Financial Bank
Skip Sorg currently holds the position of Chief Risk Officer (CRO) at First Financial Bank in Cincinnati, Ohio. In this role, he is responsible for overseeing and managing enterprise-wide risk management strategies and ensuring regulatory compliance. He has been instrumental in helping the bank adopt new products, processes, and technologies with a comprehensive understanding of their associated risks and possibilities.
Career Background and Progression
Skip Sorg has had a prolific career at First Financial Bank, holding multiple significant positions. Prior to becoming the CRO, he was the Senior Director of Enterprise Risk Management from 2019 to 2022 and SVP of Capital Management Director from 2018 to 2019. He also served as the SVP, Chief Risk Officer from 2014 to 2018, and held earlier roles such as FVP, Financial Planning and Balance Sheet Management, and VP, Asset-Liability Management. Before joining First Financial Bank, he gained extensive experience as VP, Assistant Treasurer and IRR Analyst at Irwin Financial Corp. and as Sr. Financial Analyst at General Mills. His career began as a Captain in the U.S. Army.
Education and Expertise
Skip Sorg holds an MBA specializing in Finance from Indiana University - Kelley School of Business and a B.S. from the United States Military Academy at West Point. His expertise includes managing risk across various financial institutions, capital management, asset-liability management, financial planning, analysis, and developing contingency funding plans. He has a deep understanding of bank regulatory relations and has been instrumental in shaping First Financial Bank's strategies to ensure regulatory compliance and effective risk management.
Achievements and Contributions
Skip Sorg has played a pivotal role in developing and implementing the enterprise risk management program at First Financial Bank. He has contributed significantly to enhancing the organization's risk culture and responsiveness to change. Through his leadership, he has empowered team members and fostered a culture of mutual respect and humility. His deep understanding of risk management helped the bank cohesively respond to new challenges and opportunities. Additionally, he has demonstrated a strong commitment to continuous improvement and adding value within both functional and cross-functional settings.