Dan Bagus · Director
In his more than 40-year career, Dan Bagus has served in senior level positions at financial institutions ranging from community banks and middle market commercial banks to highly diversified financial services organizations like BMO Harris N.A, Discover Financial Services and Charles Schwab Corporation. With his notable expertise in risk management design, building cross-functional teams, and mentoring young professionals, Dan counsels Artisan clients on a broad and diverse range of compliance, risk and operations issues.
While establishing the Enterprise Risk Management architecture at large financial institutions, Dan created complex quantitative analysis (and corresponding tools, templates, policies, and procedures) to transform programs and risk measurement, leading to removal of consent and other regulatory orders. He also developed the teams to implement the program and educated business units on its value and impact.
Dan has also served as a key regulatory liaison responsible for collaborating with exam teams, communicating cross-functionally to coordinate effective exam management, building strong relationships and desired results. He has led multiple high-performing risk governance teams tasked with conducting comprehensive analysis of inherent risk and control environments across all business units, mitigating risk with revised controls and enhanced processes, including KYC, CDD, EDD, and transactional monitoring requirements of Anti-Money Laundering (AML) programs.
During his nearly 20 years as a regulator, Dan analyzed some of the largest and most complex M&A proposals during the thrift industry crisis, with a focus on financial projections and investment and capitalization strategies, funding methods for takeover, and evaluation of operating performance. He also spearheaded the Office of Thrift Supervision’s Quality program, transforming its reputation and overall relationship with the industry.
Dan is an accomplished entrepreneur and co-founder of a successful start-up serving financial services, healthcare and small business organizations. He earned a Bachelor of Arts degree in economics from Eastern Illinois University and a Master of Business Administration (Finance) from Loyola University in Chicago.