Gateway Mortgage Group, headquartered in Oklahoma, announced Steven Patrick, as its new Chief Risk Officer. In this role, Patrick will provide executive oversight to the company’s credit and risk management teams. His responsibilities will span all efforts in enterprise risk management, compliance, and quantitative analytics.
“Steve has a tremendous amount of experience in mortgage finance, credit, and risk arena,” said Stephen Curry, CEO of Gateway. “He brings a deep understanding of enterprise-level risk management to this role and understands its importance to a company’s overall health and growth. We are happy to welcome Steve into the Gateway family, and we know he will be a valuable addition to the executive leadership team.”
Most recently, Patrick was Managing Director with Everett Advisory Partners where he counseled clients on implementing risk-reducing strategies, capital raises and solutions to complex funding problems. Prior to Everett Advisory Partners, he held many different roles with Federal Home Loan Bank of Chicago. Patrick was involved in a variety of initiatives, where he developed strategies to mitigate risk while building the mortgage program, which purchased mortgage loans in secondary markets; he also advised banks on liquidity strategies. He has worked extensively in the financial services industry since 1987, starting at Merrill Lynch before moving to Bank of America. He is a graduate of Carleton College and received his MBA from The University of Chicago Booth School of Business.
“I am grateful for the opportunity to work for such a great company,” said Patrick. “The team members have made the transition easy, and I look forward to being a part of the very bright future at Gateway.”