BETHESDA, Md., March 23, 2022 /PRNewswire/ — Common Securitization Solutions (CSS) today announced that Lysette Bailey has joined the firm as Senior Vice President and Chief Risk Officer (CRO). As CRO, Bailey will lead CSS’s comprehensive ERM program, managing the company’s overall integrated risk appetite framework, including its enterprise-wide processes and systems for identifying and reporting current and emerging risks.
“CSS is excited to welcome Lysette to our executive management team as CRO,” said Tony Renzi, CSS’s Chief Executive Officer. “As a cloud-technology enabled business, I really wanted our CRO to have deep risk experience with cloud-based technology and cyber risk coupled with operational and capital markets risk experience. We are very pleased to have someone with Lysette’s expertise, who brings insight and extensive experience from both the business and regulatory sides of the industry.”
CSS supports U.S. housing markets as the largest and most technologically advanced mortgage securitization administrator in the financial services industry. Through its state-of-the-art cloud-based platform, CSS manages the issuance and servicing of Fannie Mae’s and…
