Greg Gaskel
About Greg Gaskel
Greg Gaskel is a Senior Vice President and Head of Operational Risk at the Federal Reserve Bank of New York, where he has successfully reduced Risk Control Self-Assessment cycle times and launched innovative risk assessment tools. He has extensive experience in risk management, having held various leadership roles at S&P Global Ratings and Prudential Financial.
Current Role at Federal Reserve Bank of New York
Greg Gaskel serves as Senior Vice President and Head of Operational Risk at the Federal Reserve Bank of New York. He has held this position since 2020, contributing to the bank's risk management strategies. In this role, he acts as the Chief Product Owner for the Governance, Risk, and Compliance (GRC) tool, focusing on bank-wide requirements and prioritization. Gaskel has implemented innovative tools, such as the 'risk hypothesis,' which allows for rapid assessment of process-based risks within business units.
Previous Experience at S&P Global Ratings
Prior to his current role, Gaskel worked at S&P Global Ratings in various capacities. He served as Global Head of Enterprise Risk Management for one year from 2015 to 2016. He also held positions as Managing Director - Global Transformation Leader from 2014 to 2015, and Managing Director - Lead Analytical Manager from 2010 to 2014. Additionally, he was a Senior Director - Analytical Manager and Analyst from 2004 to 2010, and Global Head - In Business Risk & Controls from 2016 to 2019.
Career at Prudential Financial
Gaskel's career includes a significant tenure at Prudential Financial, where he worked as Investment Vice President in Corporate Treasury from 1989 to 2004. His 15 years at Prudential provided him with extensive experience in financial management and risk assessment, contributing to his expertise in operational risk.
Educational Background
Greg Gaskel studied at New York University, where he earned an Executive Masters of Business Administration with a focus on Business Administration and Management. He also holds a Bachelor of Arts in Economics from Rutgers University. This educational foundation supports his extensive experience in risk management and operational strategies.
Achievements in Risk Management
Gaskel has successfully reduced the cycle times for process-based Risk Control Self-Assessment (RCSA) from months to hours by utilizing feedback from business units and continuous improvement techniques. He has established risk, control, and process taxonomies as organizing principles for multi-program design, enhancing the efficiency and effectiveness of risk management processes.