Monday, December 6, 2010
FOR IMMEDIATE RELEASE
Rob McDonough to lead the Banking enterprise risk management practice at AMX International, Incorporated
Rob McDonough specializes in financial safety and soundness and risk management. He is a risk management consultant and an instructor for several organizations and industry groups including the Federal Reserve, the FDIC, the BAI, the IIA, the Global Financial Markets Institute, and regional CFA Institute associations. His areas of specialty include: treasury and investment portfolio management; derivatives, structured finance and securitization; risk management and asset/liability management; and financial institution and broker/dealer risk assessments. McDonough was with the Federal Reserve System for twelve years as an economic analyst and a capital markets examiner. His primary focus was risk reporting, regulatory policy development, and assessing the condition of large complex domestic and international financial institutions. He developed significant field work experience in conducting safety and soundness examinations for banks and holding companies domestically and internationally. He also chaired a Federal Reserve System-wide committee to design, develop and deliver training for selected capital markets examiners across the country. McDonough is an alumnus of Accenture where he provided capital markets and risk management expertise for financial services clients domestically and internationally. He is a Bank Administration Institute Certified Risk Professional, has completed the CFA level I exam and will be sitting for the Level II exam in June 2011. McDonough has an MBA in Finance and Economics from Georgia State University and a BBA from Emory University in Business Administration.
The AMXi ERM approach minimizes cost and time to implement by leveraging the corporation's existing investment in employees, methodologies, frameworks, industry standards, policies, procedures, models and infrastructure. Training is incorporated in implementation to enhance the understanding of risks and leads to institutionalization of comprehensive risk management. The AMXi ERM Program facilitates the protection of Directors by providing an understanding of major risk, helping them become "actively engaged" in the independent validation of senior executive claims that is required by business judgment rules. Senior executives, managers and staff benefit from uniform, timely and accurate risk management reports and dashboards, with drill-down information. The enterprise-wide understanding and management of major risks significantly improves resiliency, agility, financial performance, growth, competitive advantage and augmentation of stakeholder value.
About AMX International, Incorporated
AMXi is a management consulting firm dedicated to improving business performance and resiliency through sustainable risk management solutions. Our objective is to help clients improve bottom line performance. AMXi principals and consultants are proven leaders with the skills, knowledge and experience required to work with global cross functional teams and to collaborate with people at all levels of the enterprise. AMXi was founded in 1991; its principals and consultants have successfully served Global 25 to Fortune 1000 corporations across 15 industries. For more information on AMXi please visit:
http://www.amxi.com ###
For more information please call Glen Boyls at 703-864-7046 or Rob McDonough at 404-754-8159.