Rachael Lambert – SVP, Head of Compliance & Operational Risk

Rachael is a results-driven business and risk management professional with over 20 years’ experience working in banking in Bermuda and the U.K. As Head of Compliance & Operational Risk at Clarien, she is responsible for leading, coordinating and integrating the activities for our Compliance and Operational Risk teams. Rachael’s role includes providing reporting to senior management and the Board on Clarien’s risk profile and performance against relevant risk indicators and metrics. She is also tasked with monitoring the risk horizon, communicating emerging risks/ risk trends and legal and regulatory changes, and assessing how these may impact the Bank.  She reports directly to Clarien’s Chief Risk Officer.

Prior to joining Clarien Bank, Rachael served as Head of Operations and Head of Risk at Ocorian Services Bermuda Limited, where she was responsible for project management, operations and outsourcing, process re-engineering specific to AML/ ATF and regulatory compliance and more. She also worked in various roles at Butterfield Bank’s locations in Bermuda and the U.K. –  working her way up from a Change & Security Analyst in 2001 to Head of Operations at Butterfield Mortgages Limited U.K. (2017- 2019) and Vice President, Client Services at Butterfield Bank Bermuda (2019-2020).

Throughout her successful career, Rachael has built up significant subject matter expertise in the design and implementation of business processes to manage and mitigate regulatory and operational risks across different enterprises. She will use this valued skillset to oversee, monitor and direct Clarien’s risk management and compliance practices.