Deborah is a Managing Director in KPMG’s Financial Services Regulatory Practice and serves as the U.S. and Global Leader for Regulatory Solutions Development. Prior to joining KPMG, Deborah was the Managing Director and Vice Chair of Deloitte & Touche and led the U.S. Banking and Securities Regulatory Practice. Deborah is recognized as a banking industry leader with more than 35 years’ experience as a regulator in the supervision of large, complex banking organizations including the U.S. operations of foreign banks. Following her long career with the Federal Reserve she spent five years’ providing professional consulting and advisory services to banking and securities firms in the U.S. and abroad.
Deborah has an extensive background in directing and advising large U.S. and foreign banks on a broad range of risk and regulatory issues including Dodd-Frank requirements and the strategic implications to their business and operating model, regulatory issues relating to governance, risk management, compliance, stress testing, capital adequacy, and living will recovery/resolution planning for large U.S. and foreign banks. In addition to leading a large regulatory practice, Deborah advised clients, served as a subject matter specialist, and led large-scale and long term remediation projects.
Leads KPMG’s solution team for Enhanced Prudential Standards (EPS), and Conduct and Culture including the supervision and coordination of multiple service leaders in the areas of Capital Requirements and Stress Testing, Liquidity Risk Management, Regulatory Reporting, Resolution Planning, EPS Governance & Program Management, and IHC Planning & Implementation.
Led policy development around key areas of regulatory governance and risk management, advising on a broad range of financial, credit, and capital markets supervisory issues pertinent to financial institutions, monetary policy, and financial stability.
Deborah served as the deputy director of supervision and regulation for the Board of Governors of the Federal Reserve System, where she led bank and BHC supervision and played a key role in navigating and directing key supervision and policy development programs, including supervision of credit, market, and liquidity risk at U.S. and foreign banks operating in the U.S. In this role she reported directly to Benjamin Bernanke, when he was chairman of the Federal Reserve, developing strategies and liquidity and capital programs to address the financial crisis. Her highlight achievement there was in successfully leading the Supervisory Capital Assessment Program in 2009, better known as the first “stress testing” exercise of 19 major banks.