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NR 2014-9
Contact: Bryan Hubbard
(202) 649-6870

Kevin P. Walsh Named Deputy Comptroller for Market Risk

WASHINGTON – The Office of the Comptroller of the Currency (OCC) today named Kevin P. Walsh as the Deputy Comptroller for Market Risk.

Mr. Walsh succeeds Martin Pfinsgraff, who was named Senior Deputy Comptroller for Large Bank Supervision last year. In his new role, Mr. Walsh will direct market risk activities including policy formulation and risk monitoring for trading activities, derivatives, structured products, liquidity, interest rate risk, and asset management. He will also serve as co-chair of the OCC’s National Risk Committee and as a principal advisor on systemic risk facing the banking system.

“Kevin brings more than 25 years of capital markets and banking experience to his new responsibilities, and the OCC is fortunate to have him assume this important leadership position,” said John Lyons, Senior Deputy Comptroller for Bank Supervision Policy and Chief National Bank Examiner (CNBE).   

Mr. Walsh joined the OCC in 2012 as a capital markets examiner in Large Bank Supervision and currently serves as Group Leader in CNBE’s Financial Market Risk unit. Prior to joining the OCC, Mr. Walsh was the Managing Director for Merchant Data Repository LLC, a start-up company providing solutions for trade reporting, collateral management, and clearing in the derivatives market. His previous positions include Managing Director for Business Development in the Global Markets Group at BNY Mellon, Senior Vice President and Manager for the Derivative Products Group at Mellon Bank, NA, as well as managerial positions with BZW Securities and Smith Barney.

Mr. Walsh earned a master's in business administration from the Columbia University Graduate School of Business and a bachelor of arts from St. Lawrence University.

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