Amy Fields is a consultant with the Compliance Program Management business within Wolters Kluwer. She has worked in the financial services industry since 2004 and is now advising clients on their risk management program design. She provides best practices advice on a broad range of compliance and operational risk including, but not limited to, developing operational risk management frameworks, creating risk and control self-assessments, conducting scenario analysis, and generating risk assessments for executive and Board consumption. Fields recognizes the increased burdens financial institutions face in a post-crisis atmosphere, including increased regulations and rising regulator expectations around risk management programs, working with clients to create a multi-faceted risk management program aligned with emerging industry developments, drafting policies and procedures, and conducting audit testing. She also helps identify areas of vulnerability and recommends technology solutions to streamline firms’ risk and compliance management efforts, increase effectiveness of controls, and advise on a consistent approach when creating a risk management program.
Prior to joining Wolters Kluwer, Fields was an operational risk manager with Valley National Bank, where she was charged with implementing ARC Logics for Financial Services, an industry-leading enterprise risk management solution. Executing on this deliverable gave her firsthand insight into the intricacies of implementing an enterprise-wide solution—and a deeper appreciation for the need to balance the occasionally competing priorities and obligations of multiple business lines. To successfully deliver, she closely collaborated with executives across the organization to identify, analyze and rate risks for likelihood and impact, creating controls for effectiveness. Once implemented, she leveraged her solution expertise to help end-users capitalize on the full power of the solution to manage risks related to day-to-day activities. Fields also held position with PNC Bank and Merrill Lynch. She is working towards a master’s degree in business administration from William Patterson University and holds a bachelor’s degree in business administration with a finance concentration from Pace University.