Brian Folcarelli

Experience

• 

  LaSalle Bank Midwest N.A.

  Sept 2003 - Oct 2008

  Vice President

  Created and managed a department responsible for addressing operational risks (including fraud investigations and loss prevention) related to LaSalle Bank Midwest N.A.’s commercial banking client base.

• 

  Ally

  Nov 2008 - now

  Responsible for providing an independent (third line) and timely assessment of consumer lending credit risk management practices and the quality of consumer loan portfolios supported by the following:- Timely and quality completion of consumer portfolio reviews- Concluding and reporting on the adequacy of underwriting, risk identification, portfolio management, internal controls and overall credit risk management. - Establishing and maintaining collaborative relationships with business leaders as well as business line risk management (first line) and independent risk management (second line)- Directing consumer lending risk assessment processes and driving related continuous monitoring efforts - Recruiting, developing, motivating and retaining talent within the Consumer Loan Review team- Contributing to Enterprise Risk Management Committee and Risk Committee (Board) reporting - Utilizing an understanding of the industry, the company and its products, services, strategies, goals and risk appetites to oversee reviews, ensuring reviews have the appropriate focus. Show less Senior Internal Audit Director responsible for audit coverage of the Auto Finance, Insurance, Corporate Finance, and Ally Lending lines of business as well as:• Maintaining collaborative and influential relationships with senior management, other internal assurance providers, and regulatory agencies.• Developing and executing an annual audit plan that evaluates critical risks and applies strong, pragmatic professional judgment.• Communicating audit results to senior executives and using the role within Audit to positively influence the control environment of the organization.• Identifying thematic risk trends observed across the audit portfolio for purposes of influencing strategic control direction and process maturity.• Partnering with management to identify and anticipate impact of a changing environment and effectively develop audit strategies to address significant risks.• Recruiting, developing, motivating and retaining audit talent within Internal Audit.• Assisting Audit Leadership with the development and implementation of strategic initiatives designed to improve the audit methodology Show less

  • Senior Director - Consumer Loan Review

    Nov 2023 - now

  • Senior Audit Director

    Nov 2008 - Nov 2023