Mr. Robert Mochwart

Council Member Biography

Robert Mochwart is a dynamic and strategy-minded leader. Until March 2008, he was the Chief Risk and Credit Officer for Popular Financial Holdings, a wholly owned subsidiary of the $44 billion financial holding company Popular, Inc. Popular is a diversified financial services provider with operations in Puerto Rico, the United States, the Caribbean, and Latin America. He was responsible for all aspects of credit, operational and strategic risk for the bank including their E-Loan subsidiary. Mr. Mochwart was also responsible for facilitating and monitoring company-wide credit policies and monthly reporting of the performance of the asset portfolio and its segments. He also had oversight of all delivery channels including, consumer (mortgage, HE, and other consumer products) and commercial credit products, liability products as well as other personal financial services from a credit, operational, strategic and compliance perspective. Prior to joining Popular in 2005, Mr. Mochwart founded a consulting company working globally with top tier banks and financial institutions in risk management and business consulting. Earlier, he was the Chief Risk Officer and Credit Officer for GMAC Bank and co-founder of that enterprise and responsible for all aspects of credit, risk and compliance for the $295 billion banking institution. Prior to GMAC, Mr. Mochwart was the VP of Mortgage and Consumer Lending for ING Bank; advised Lehman Brothers Bank as an independent consultant, co-founder of (This is me - Update Profile)

Employment History

2005 - 2008

Chief Risk & Credit Officer, Popular Financial Holdings, Inc

2003 - 2005

Owner, Robert Mochwart

2001 - 2003

SVP, Chief Credit & Chief Risk Officer, GMAC LLC