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News October 2, 2018

Reinvestment Fund Welcomes New Chief Compliance & Risk Officer

Topic General

Philadelphia, October 10, 2018—Reinvestment Fund announced Cheila Fernandez as its new Chief Compliance & Risk Officer. This new position will lead the growing organization’s internal risk management and compliance.

Ms. Fernandez’s responsibilities include leading the development, implementation, and monitoring of enterprise risk and control management processes and systems to address current and emerging risks to the organization. Ms. Fernandez joins Reinvestment Fund after 14 years of experience as a risk management consultant at Deloitte & Touche, where she led complex strategic, regulatory and operational changes at large domestic and foreign banking organizations.

Ms. Fernandez began her career during the 2004 implementation of Sarbanes Oxley, wherein she specialized in financial reporting and operational risks and controls, including audits of supporting information systems. In 2010, she became Chief of Staff within the newly-formed Risk Advisory space where she led the creation and management of the U.S., and later Latin American, growth strategy.  During the same timeframe she transitioned her risk specialty into the enterprise risk and compliance management space, where she led reviews, remediations and implementations of enterprise frameworks based on the Dodd-Frank Act requirements.

Ms. Fernandez is active in diversity and inclusion efforts, including as founding board member and first vice president of the Association of Latin Professionals in Accounting and Finance (ALPFA) in Philadelphia, and member of the Women in America mentoring program.

 

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About Reinvestment Fund
Reinvestment Fund is a catalyst for change in low-income communities. We integrate data, policy and strategic investments to improve the quality of life in low-income neighborhoods. Using analytical and financial tools, we bring high-quality grocery stores, affordable housing, schools and health centers to the communities that need better access—creating anchors that attract investment over the long term and help families lead healthier, more productive lives. Learn more at www.reinvestment.com.

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