Spyro Karetsos, Head of Enterprise Risk Services, SunTrust
Spyro Karetsos joined SunTrust in 2016 and serves as the Head of Non-Financial Risk and Head of Enterprise Risk Services. He oversees the development and maturity of the enterprise risk framework, policy, reporting, research, governance, testing, and appetite. Specifically, Spyro has responsibility/oversight for the following risk domains: Strategic Risk, Operational Risk, Technology Risk, Model Risk, and Third Party Risk. Spyro also serves as the head of risk delivery for the Corporate Functions including Human Resources, Finance, and Enterprise Risk.
Prior to joining SunTrust, Spyro was a principal and director of Enterprise Risk Management at The Vanguard Group. At Vanguard, Spyro lead a team of professionals responsible for implementing the Enterprise Risk Management framework. In that capacity, Spyro had the responsibility for the following departments: Strategic Risk Management, Operational Risk Management, Business Continuity, Enterprise Data, Privacy, and Access Management.
Before joining Vanguard, Spyro was global co-head of the Goldman Sachs operational risk management department responsible for the global operational risk management and measurement programs. Before Goldman Sachs, Spyro spent ten years in the Federal Reserve System where he worked at the Federal Reserve Bank of New York and became an assistant vice president of the Federal Reserve Bank of Philadelphia. He served as staff director of the credit risk management department and led the development of the Federal Reserve System’s ERM program.