George Hagan
Senior Vice President - Director of Loan Loss Reserves and Credit Stress testing at Citizen Financial | Smithfield, Rhode Island, United States
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George Hagan serves as the Senior Vice President and Director of Loan Loss Reserves and Credit Stress Testing at Citizens Financial Group, bringing over 30 years of extensive experience in the banking sector. His expertise encompasses a wide array of critical areas, including Allowance for Loan and Lease Losses (ALLL), Credit Loss Stress Testing (CCAR & DFAST), and Risk Appetite assessments. In his current role, George is pivotal in developing and implementing the bank's Credit Risk Strategy, ensuring that Citizens Financial not only meets regulatory requirements but also maintains a robust framework for managing financial risk.
One of George's key responsibilities is overseeing the quarterly production of the ALLL process, which is essential for accurately assessing the bank's loan loss reserves. He played a crucial role in the implementation of the Current Expected Credit Loss (CECL) accounting standard, which went live in January 2020, enhancing the bank's ability to forecast credit losses and manage reserves effectively. His strategic foresight and analytical skills have been instrumental in establishing a comprehensive credit loss and reserve forecasting model that aligns with both baseline and stress-testing scenarios.
George’s strong presentation skills and ability to build robust relationships across departments enable him to communicate complex financial concepts clearly and effectively. His commitment to enterprise risk management and strategic financial planning not only strengthens Citizens Financial's risk management framework but also positions the bank for sustainable growth in an increasingly complex regulatory landscape. As he continues to lead initiatives in risk assessment and credit strategy, George remains a vital asset to the organization, driving innovation and resilience in the face of evolving market challenges.
Senior Vice President - Director of Loan Loss Reserves and Credit Stress testing at Citizen Financial in September 2007 to Present
Executive Vice President - Director of CECL, Credit Loss Forecasting / Stress Testing at Citizen Financial in July 2021 to Present
SVP- Director of Risk Appetite & Material Risk Assessment. at RBS-Citizens Financial Group. in September 2011 to December 2013
SVP - Director of ALLL & Porfolio Analytics at RBS-Citizens Financial Group. in April 2007 to December 2011
Senior Project Manager at InSource Consulting in March 2006 to April 2007
Principal at Hagan Associates in July 2004 to March 2006
SVP at Fleet Financial Group in January 1985 to January 2004
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Discover more about Citizen FinancialWhat is George Hagan email address?
Email George Hagan at [email protected]. This email is the most updated George Hagan email found in 2026.
What is George Hagan phone number?
George Hagan phone number is +14017574012.
How to contact George Hagan?
To contact George Hagan send an email to [email protected]. If you want to call George Hagan try calling on +14017574012. (updated on October 31, 2024)
What company does George Hagan work for?
George Hagan works for Citizen Financial
What is George Hagan's role at Citizen Financial?
George Hagan is Senior Vice President - Director of Loan Loss Reserves and Credit Stress testing
What industry does George Hagan work in?
George Hagan works in the Financial Services industry.
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