With over 30 years of expertise in financial risk management, compliance, and operational excellence, Linda Prager has built a distinguished career leading risk governance, due diligence, and strategic advisory services across global financial institutions. Her track record demonstrates an unwavering commitment to optimizing risk frameworks, enhancing regulatory compliance, and designing scalable solutions that empower organizations to thrive in an increasingly complex financial landscape.
Linda has held senior leadership roles at top-tier institutions, including Societe Generale, JPMorgan Chase, Credit Suisse, Barclays, Citi, Tata Consultancy Services, ICAP, and PwC. In these capacities, she has been instrumental in developing policies, processes, and internal controls that reinforce risk management and compliance standards across the first, second, and third lines of defense. Her ability to build sustainable platforms and oversee risk and control self-assessments (RCSAs) positions her as a thought leader in governance and operational resilience.
Throughout her career, Linda has played a pivotal role in conducting independent risk reviews, identifying control weaknesses, and implementing strategic remediation plans. She has successfully partnered with senior executives, regulatory bodies, and global financial institutions to strengthen oversight, mitigate risk, and ensure regulatory compliance. Her deep expertise in operational risk frameworks has led to the successful design and execution of risk governance structures at both regional and global levels.
At Credit Suisse, Linda served as the Director and Americas Head of Operational Risk Framework and Governance, where she designed and implemented a comprehensive risk framework for the firm’s Intermediate Holding Company (IHC). She led policy development, risk appetite assessments, and control-based testing while collaborating with global risk teams to enhance the bank’s governance structure.
Her tenure at Barclays as Director of Operational Risk further solidified her reputation as a transformative leader. She spearheaded the second line of defense RCSA process, conducted high-profile incident investigations, and delivered strategic insights to senior risk committees. Her ability to navigate complex regulatory environments while influencing senior stakeholders has been a defining aspect of her success.
Linda’s contributions to Citi’s Prime Brokerage division were equally impactful. As Director and U.S. Head of Optimization, Risk, and Advisory, she built and led the Business Advisory Practice, optimizing risk and control frameworks for hedge fund clients. She played a key role in enterprise risk management (ERM) and operational risk management (ORM) implementations, conducting gap analyses and providing tailored recommendations for risk mitigation and process efficiency.
Her experience extends to consulting and advisory roles at Tata Consultancy Services, where she worked closely with C-suite executives to implement risk management frameworks, draft policies, and enhance internal controls. She has also led major compliance initiatives at JPMorgan Chase, focusing on KYC remediation and regulatory adherence.
A seasoned expert in financial services, Linda’s ability to drive strategic transformation is evident in her work at ICAP, where she developed a secondary market platform during the 2009 financial crisis. Her expertise in capital markets, investment banking, private equity, and hedge funds has provided her with a unique perspective on market dynamics and regulatory evolution.
Beyond her corporate achievements, Linda is passionate about mentoring and knowledge-sharing. She has presented on risk and compliance topics internally and externally, contributing to industry best practices and thought leadership. Her global experience, spanning key financial hubs worldwide, allows her to bring a well-rounded and forward-thinking approach to risk and governance challenges.
Linda holds a Juris Doctor (JD) from South Texas College of Law Houston, an MBA in Finance from the University of North Texas, and a BBA in Finance and Marketing from The University of Texas at Austin. She is now focused on the next chapter of her career—serving on a board where she can leverage her expertise in risk management, compliance, and strategic governance to create lasting impact.
Character:
Linda is a highly principled leader who upholds integrity, accountability, and excellence in all aspects of risk and compliance management. Her ability to foster trust and collaboration makes her an invaluable asset to organizations navigating complex regulatory landscapes.
Knowledge:
With over three decades of experience in financial services, Linda possesses deep expertise in risk governance, operational resilience, and regulatory compliance, making her a sought-after expert in the industry.
Strategic:
Linda excels at designing scalable and sustainable risk frameworks that align with business objectives, ensuring long-term stability and growth for financial institutions. Her strategic foresight enables her to anticipate risks and implement proactive solutions.
Communication:
As a skilled communicator, Linda effectively engages with senior executives, regulators, and stakeholders, translating complex risk concepts into actionable strategies that drive compliance and operational efficiency.