Provident Welcomes Tom Mathew, First Vice President, Deputy Compliance Officer
14 2월 2024 - 10:00PM
Provident
Bank, a leading New
Jersey-based financial institution, recently welcomed Tom Mathew as
First Vice President, Deputy Compliance Officer. In addition, Mr.
Mathew serves as Deputy Compliance Officer for Provident’s
insurance subsidiary, Provident Protection Plus, and as Chief
Compliance Officer for Beacon Trust, Provident’s wealth management
subsidiary.
Mr. Mathew is responsible for managing compliance
and regulatory requirements for these respective business lines
within the organization. In addition, he evaluates compliance risk
to develop risk-based compliance testing of existing procedures and
controls to identify, detect, and correct non-compliance. He also
partners with senior management in developing and communicating
training initiatives to inform staff and stakeholders about
compliance requirements.
“I am delighted to welcome Tom to this important
role,” said Mary Brown, Senior Vice President, Chief Compliance
Officer. “As we continue to maintain the highest standards in risk
management, regulatory compliance, and community service, Tom’s
extensive knowledge in fiduciary risk management, regulatory
practices, and due diligence will be instrumental as Provident
grows,” added Ms. Brown.
Mr. Mathew has more than 20 years’ experience in
corporate compliance, fiduciary risk management, and support
function project management. Most recently, he was Vice President,
Director of Compliance with HSBC Bank in New York. Prior to that,
he served as Senior Compliance Officer with Euro Pacific
Capital/Euro Pacific Asset Management in Westport, Connecticut. In
addition, he held the position of Senior Compliance Officer with
Digital Offering in Newport Beach, California.
Mr. Mathew attended the University of Phoenix,
where he earned a Bachelor of Science and a Master of Business
Administration.
About Provident Bank Provident
Bank, a community-oriented financial institution offering
“Commitment you can count on” since 1839, is the wholly owned
subsidiary of Provident Financial Services, Inc. (NYSE:PFS), which
reported assets of $14.2 billion as of December 31, 2023. With
$10.3 billion in deposits, Provident Bank provides a comprehensive
suite of financial products and services through its network of
branches throughout northern and central New Jersey, as well as
Bucks, Lehigh and Northampton counties in Pennsylvania and Nassau
and Queens Counties in New York. The Bank also provides fiduciary
and wealth management services through its wholly owned subsidiary,
Beacon Trust Company, and insurance services through its wholly
owned subsidiary, Provident Protection Plus, Inc. For more
information about Provident Bank, visit www.provident.bank or join
the conversations on Facebook (ProvidentBank) and Twitter
(@ProvidentBank).
MEDIA CONTACT: Keith Buscio
732-504-9407 Keith.buscio@provident.bank
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/40bac28c-cb50-462e-b6e5-2fadcd687444
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