DUBLIN, Calif.–Patelco Credit Union has hired Mani Massoomi to serve as its new chief risk officer.

Massoomi most recently served as chief risk and compliance officer at the Federal Home Loan Bank of San Francisco, and prior to that, as the head of operational and enterprise risk at SoFi. At Patelco, he is tasked with building the department and establishing proactive management of risks

“Mani will play a pivotal role in helping us strengthen our risk management framework and safeguard the long-term success of our organization,” CEO & President Erin Mendez said in a statement.  “His expertise will be invaluable in ensuring that we proactively address emerging risks and seize new opportunities with confidence. We are thrilled to have Mani onboard to establish a new Risk function for Patelco.” 

As Patelco’s CRO, Massoomi will serve as liaison to the Cyber Security Committee along with the Audit and Risk Committee. He will head the Credit Risk Committee and serve on the Asset-Liability Committee, the Commercial Lending Committee and the Ethics Committee.

“Patelco’s dedication to its mission and protecting its members is a foundation on which I can build strong risk management practices,” Massoomi said in a statement.  “I am humbled and honored to join such a great organization and help embolden Patelco’s Risk Management framework.”