Deborah Hrvatin

Chief Risk Officer, CLS Bank International

Deborah joined CLS in 2019 as Chief Risk Officer and oversees both the organization’s risk and compliance functions globally. As a specialist in risk management and strengthening controls, she is responsible for CLS’s enterprise risk management framework, building an enhanced culture of risk identification, challenge and mitigation as well as ensuring CLS meets its regulatory obligations effectively. Deborah is also responsible for enhancing CLS’s risk dialog across our ecosystem, with the objective of further improving systemic risk awareness and mitigation.

In addition to her role as CRO, Deborah leads CLS’s commitment to Environmental, Social and Governance (ESG) best practice, establishing and delivering an organization-wide ESG strategy, framework and implementation plan to build a sustainable business that contributes to the long-term goals of society.

Deborah has over 35 years of experience within the financial services industry. She joined CLS from Citigroup, where she was Global Head of Operational Risk Management for the Institutional Clients Group. Prior to joining Citigroup in 2017, Deborah spent 22 years with Deutsche Bank, where she held several leadership roles including Head of Operational Risk for the Americas region and the Global Corporate Finance division and Chief Operating Officer for the Global Securitization Group. Deborah began her career in financial services as a commissioned bank examiner with the Federal Reserve Bank of New York.

Deborah is on the Board of the Risk Management Association and holds the position of First Vice President.

Deborah received her BBA and MBA in International Finance from Hofstra University.

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