Raymond Dorado
Ray’s career has been focused on advising large financial institutions on regulatory compliance and corporate governance, and on managing their transactions and their legal and reputational risk. For the last 2+ years, he has been a senior banking regulator in New York. Outside of work, his other focus has been philanthropy and community service, including investor literacy, pro bono activities and looking out for the welfare of 1,200 high school students in the Bronx.
He currently is the Senior Deputy Superintendent for the Banking Division of the New York State Department of Financial Services (DFS). He heads the banking executive team and leads the business groups for Foreign and Wholesale Banking, Community and Regional Banking, Licensed Financial Services and Real Estate Financing.
Prior to joining DFS, he was Executive Vice President & Deputy General Counsel at Citizens Financial Group (CFG) where he headed the Enterprise Regulatory legal team and set CFG’s regulatory agenda. He also headed the Commercial Banking legal team, and was a member of CFG’s Executive Leadership Group. He joined CFG in 2015 to help it separate from its then parent company, Royal Bank of Scotland.
From 2003-2014, he held executive legal and business leadership positions at BNY Mellon, including Acting General Counsel, and was a member of both the Executive and Operating Committees. He also served as the legal advisor to the Risk Committee of BNY Mellon’s Board of Directors.
From 1987-2003, he was a Managing Director and Deputy General Counsel at Credit Suisse, heading legal teams for the Securities Division, the Investment/Commercial Banking Division and the Litigation Group. Prior to that, he was in private practice.
He holds a JD from George Washington University Law School, and Masters of International Affairs and a BA from Columbia University.
Ray is currently a member of the Regulatory Committee of the Conference of State Bank Supervisors. He has held leadership positions on the Securities Industry & Financial Markets Association’s (SIFMA) General Counsels Committee (Chairman and Vice Chairman – 2003-2014), SIFMA’s Compliance & Legal Society Executive Committee (2000-2019), where he has been a frequent lecturer at industry seminars and financial literacy events sponsored by the SIFMA Foundation and the Compliance Advisory Committee of The New York Stock Exchange, Inc. (1996-2003).
He currently serves as a member of the Board of Trustee of Fordham Preparatory School (he chairs the Nominating & Governance Committees and is a member of the Executive Committee)), and has served on Boards of Directors of Precision Valve Corporation (a privately-held global manufacturing/packaging company – 2006-2015), BNY Investment Center, Inc. (US broker-dealer – 2004-2006), CSFB Canada Ltd., (Canadian broker-dealer and TSX member – 1999-2003), The BNY Mellon Foundation – 2007-2014 (philanthropic) and The George Link, Jr. Foundation – Chairman – 2006-2014 (philanthropic).