Ernest Piccioli

Senior Executive Vice President, Chief Risk Officer @ TowneBank arrow icon

Ernest Piccioli's Title

Ernest Piccioli holds the prestigious position of Senior Executive Vice President and Chief Risk Officer. In this dual capacity, he plays a critical role in steering the company’s strategic direction, particularly in the realms of risk management and vendor management. His title reflects a high level of trust and responsibility within the organization, underscoring his expertise and leadership in mitigating risks and ensuring robust governance frameworks are in place.

Ernest Piccioli's Role in Risk Management

As the Chief Risk Officer, Ernest Piccioli is responsible for overseeing the risk management team, ensuring that all potential risks to the company are identified, assessed, and mitigated. His role involves the development and implementation of risk management strategies that align with the company's goals. This includes monitoring market trends, regulatory changes, and internal vulnerabilities to safeguard the company's assets and reputation. His expertise in this area is critical for maintaining the company's stability and fostering a culture of proactive risk management.

Ernest Piccioli's Vendor Management Oversight

In addition to his responsibilities in risk management, Ernest Piccioli also oversees the vendor management teams. This involves ensuring that all third-party relationships are managed effectively to minimize risk and maximize value. His oversight includes the evaluation of vendor performance, adherence to contractual obligations, and the assessment of any potential risks associated with these partnerships. By maintaining a stringent vendor management protocol, Ernest ensures that the company’s operations are not only efficient but also secure and compliant with industry standards.

Ernest Piccioli's Governance of Risk Programs

Ernest Piccioli is accountable for the effective governance of the company's risk programs. This responsibility involves establishing and maintaining comprehensive risk management policies, procedures, and controls. He ensures that these programs are well-integrated across all departments and that they meet the regulatory requirements and industry best practices. His governance ensures that the company is prepared to face any unforeseen challenges and can maintain its operations without significant disruptions.

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