Chief Risk Officer
Stephen Davey is the Chief Risk Officer at Piermont Bank, where he is responsible oversight of the bank’s risk management program and for ensuring the bank meets regulatory compliance. Stephen brings over 30 years of leadership experiences as a commercial bank regulatory compliance and risk professional.
Most recently, Stephen served as Managing Director, Compliance Audit Manager of Webster Bank, N.A., where he led a team of compliance auditors covering consumer protection regulations and served as a regulatory liaison for audit examinations. Webster Bank, a $70+ billion regional bank, was the succeeding institution for Sterling National Bank, where Stephen served as Managing Director, Deputy Chief Auditor. At Sterling National Bank, he led a team of 16 auditors that executed an audit plan that leveraged his expertise in loan and deposit regulation, including Regulation Z, ECOA, Fair Housing Act, Flood, HMDA, Regulation DD, Reg E, UDAAP, HIPAA, and Privacy.
Stephen’s experiences include implementing compliance and risk programs establishing consensus between internal stakeholders and regulators. He collaborates with business leaders and executes on this collaboration with optimal solutions to compliance control issues.
Stephen is a Certified Regulatory Compliance Manager (CRCM), Certified Enterprise Risk Professional (CERP), and graduate of the Stonier Graduate School of Banking by American Bankers Association.
Education
Bachelor of Science (BS), State University of New York at New Paltz.