Gateway First Bank has appointed Peter Moenickheim as chief risk officer. In this role, Moenickheim will provide executive oversight to the company’s credit and risk management teams. His responsibilities will span all efforts in enterprise risk management, compliance, and quantitative analytics.
Prior to working at Gateway, Moenickheim served as chief risk officer for Ocwen Financial, a mortgage servicer and originator, where he oversaw the redesign and development of the risk and compliance management framework. In addition, he has also worked with independent clients on first, second, and third line of defense projects.
Moenickheim’s relevant experience includes creating strategies to balance risk and reward, risk management operating model design and implementation, and oversight; as well as governance, risk, and compliance (GRC) tools. He has led the re-engineering of multiple major risk management programs and targeted work addressing design, program implementation, reporting, policy and procedure development, control testing and monitoring, control inventories, and remediation.