David Howard has joined Lombard Risk in the newly created role of senior regulatory consultant in the Americas.
In his new position, Howard will be responsible for keeping clients informed about the latest regulatory changes in the market.
He will also keep Lombard Risk’s AgileREPORTER solution up to date, maintaining the latest technical specifications for acquiring, compiling and analysing data.
Previously, Howard has worked at Bank of America and Citigroup, where he was responsible for developing internal audit procedures for regulatory compliance, governance, market risk management and data integrity. He has also spent time at KPMG, where he was a senior manager of valuations.
Alastair Brown, CEO of Lombard Risk, said the new hire comes as a response to growth in the North American business, which is driven by the increasing complexity of regulatory requirements, and the need to “demonstrate clear compliance trails whilst reducing the cost of compliance at the same time”.
He said: “The region remains an important area of investment for us, and we are focused on securing the best talent to drive the business forward. We are delighted that David Howard has joined us at this time of rapid development. He has an excellent track record in regulatory reporting and is well suited to deliver our flagship solution to our clients, which are some of the largest and most prestigious financial institutions in the world.”
Howard said: “Lombard Risk is an exciting, growing business that is at the forefront of regulatory reporting technology. I’m delighted to be joining such an innovative team and look forward to helping Lombard Risk’s clients navigate the complex regulatory environment with agile and robust reporting solutions.”
