Kate Scanga, CPA

Experience

• 

  United States Steel Corporation

  Feb 1992 - Jan 2023

  Spearheaded the Enterprise Risk Management (ERM) function while overseeing the Cash Management department. Responsible for identifying, assessing, reporting, and monitoring risks at the enterprise level and at our foreign subsidiary.• Conducted quarterly governance meetings with the Executive ERM Governance Committee to guide c suite executives in aligning strategy and risk to improve organizational performance and preserve value. • Prepared ERM materials for the Audit Committee to inform corporate board members on risk matters.• Presented quarterly sessions to further engagement of senior leadership and help them incorporate best risk practices at an operational level. • Conducted annual risk prioritizations which included surveying around 75 leaders from across the corporation to gain a global perspective of risk perceptions.• Assisted risk owners in the preparation of quarterly Action Plans designed to mitigate top tier risks, including financial, operational, and regulatory risks.• Conducted ERM activities, including quarterly governance meetings and annual risk prioritization for our foreign subsidiary.• Participated in the North Carolina State ERM Initiative to share best practices with ERM professionals.• Participated in the Sustainability Steering committee and authored the Risk Management section of the annual Sustainability Report. Ensured ESG risks, including climate risks were integrated into our ERM activities. Partnered with EY to conduct TCFD (Task Force for Climate-related Financial Disclosure) workshops. • Oversaw the Cash Management function ($3.4 billion). Show less • Responsible for Sarbanes-Oxley (SOX) Management testing of approximately 800 financial and IT key controls for domestic and international operations. • Ensured the internal control framework was appropriately revised in response to the evolving control environment. Notable changes include multi-year ERP implementations and significant changes to operations resulting from cost-savings initiatives.• Communicated testing results to senior and executive management, external auditors, and the Audit Committee. • Participated in monthly ethics case closure meetings. Meetings were led by the Deputy Chief Compliance Officer and included representatives from Legal, Corporate Security and Internal Audit. Scope included all domestic and international ethics line cases.• Periodically contributed to the publication of monthly corporate-wide compliance tips and reviewed revisions to the Code of Ethical Business Conduct. Show less