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Gateway First Bank has announced the appointment of Peter Moenickheim as chief risk officer, where he will provide executive oversight to the company’s credit and risk management teams. His responsibilities will span all efforts in enterprise risk management, compliance and quantitative analytics.

Prior to working at Gateway, Moenickheim served as chief risk officer for Ocwen Financial, a large mortgage servicer and originator, where he oversaw the redesign and development of the risk and compliance management framework. In addition, he has also worked with independent clients on first, second and third line of defense projects. Moenickheim remains active in the risk management industry serving as a member of the RMA’s Operational Risk Council and sitting on several advisory boards.
Moenickheim’s relevant experience includes creating strategies to balance risk and reward, risk management operating model design and implementation, and oversight; as well as governance, risk and compliance (GRC) tools. He has led the re-engineering of multiple major risk management programs and targeted work addressing design, program implementation, reporting, policy and procedure development, control testing and monitoring, control inventories and remediation.
“I look forward to overseeing the bank’s risk management initiatives as Gateway continues a long tradition of success,” said Moenickheim. “The company is experiencing strong growth and momentum, and I’m excited to be a part of the very bright future of Gateway.”