Steve Picarillo is a Managing Director in the Global Strategy and Solutions Practice at Ankura. With over 25 years of international experience in the banking industry, Steve has expertise in global financial institutions, banking systems, and sustainability. By leveraging his expertise in credit, ...more

Steve Picarillo is a Managing Director in the Global Strategy and Solutions Practice at Ankura. With over 25 years of international experience in the banking industry, Steve has expertise in global financial institutions, banking systems, and sustainability. By leveraging his expertise in credit, model, liquidity and capital risk, risk strategy, corporate and risk governance, credit ratings, banking regulations, CECL, and structured credit/finance, Steve works with his clients to identify, quantify and mitigate climate related risks. Steve holds GARP's SCR (Sustainability and Climate Risk) certificate. Mr. Picarillo has worked extensively with, and advised, executives and leaders in the financial services industry as well as government officials and regulators in the US, UK, and across Western Europe. Since joining Ankura, Steve has successfully built a highly-respected model risk team that provides its financial institutions clients with bespoke solutions to their most pressing model and risk related matters. Indeed, the team and its best-in-class products and services enjoys a 100% referral rate. The growing team focuses on Model Validation, Model Documentation, Model Audit, Credit Reviews, Portfolio Credit Scoring, Stress Testing, Enterprise Risk Management (ERM), Asset Liability Management (ALM), Ratings Advisory, Operational Risk Assessments, Risk Strategy, Capital Planning. and most recently climate risk strategy. As a bank-trained loan underwriter, rating agency trained structured credit, corporate and bank analyst, and global bank analyst during several economic cycles and crisis's, Steve has an unique perspective on Risk. His experience, his understanding of underlying and emerging trends, along with his wide spanning expertise has enabled Steve is also active in providing market leadership in ESG topics, with a focus on climate change risk management. Steve's perspective on risk in the banking sector paired with his Agile approach to managing people and engagements allows for a highly effective client experience.less