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Financial Services Law Insights and Observations

OCC Names Deputy Comptroller For Large Bank Supervision

OCC Bank Supervision

Consumer Finance

On January 29, the OCC announced that Molly Scherf will serve as Deputy Comptroller for Large Bank Supervision with responsibility for overseeing the Large Bank lead experts, shared national credit, data analytics, and systems teams. Her new role will involve working with policy, midsize, and community bank supervision, and legal departments within the OCC as well as with domestic and international regulatory peers. Ms. Scherf joined the OCC in 1990 and brings 23 years of bank supervision experience across institutions ranging from $50 million to $2 trillion in assets. She most recently served as Large Bank Lead Expert for Governance and Enterprise Risk Management and previously served as a megabank Team Lead at Wells Fargo.