MERS Taps Former Fannie Exec as Chief Risk Officer

""MERSCORP, Inc."":http://www.mersinc.org/, which operates the Mortgage Electronic Registration Systems (MERS) database, announced Tuesday that Bryan Kanefield has joined the company's executive leadership team in the newly created role of SVP and chief risk officer.

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Kanefield will be responsible for implementing and administering a new corporate risk management framework, reporting on key risk indicators, and overseeing the company's risk management committee.

Kanefield joins MERSCORP from Fannie Mae, where he was most recently a member of the senior leadership team responsible for building and managing key operational units of the Making Home Affordable program.

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""Bryan is an industry veteran, with nearly twenty years of experience at one of the government sponsored enterprises,"" said Bill Beckman, MERSCORP president and CEO. ""We're pleased to be adding a solid risk and operations professional with experience constructing sophisticated risk management frameworks to the MERSCORP executive team.""

While at Fannie Mae, Kanefield also served as a director in the GSE's Divisional Risk Office, where he developed and implemented corporate-wide risk control assessment standards and implemented the company's initial Sarbanes-Oxley compliance program.

In this role, he also served on the leadership team responsible for developing the corporate compliance and governance program covering records management, delegations of authority, and policy and procedures, and he directed divisional business recovery planning efforts.

Kanefield first joined Fannie Mae in 1992. His earlier roles with the GSE were in eBusiness marketing and development, the Office of the Vice Chair, and corporate strategy and development.

Kanefield has a Master of Business Administration in finance from the University of Maryland College Park, and a Bachelor of Business Administration from Emory University.