MVB Financial Corp. (Nasdaq: MVBF) (“MVB,” “MVB Financial” or the “Company”), the parent holding company for MVB Bank (the “Bank”), has named Joe Rodriguez as Chief Risk Officer. Rodriguez has a strong reputation in the financial services risk management industry as a leader who operates at the intersection of innovation and prudent risk management.
“We are pleased to welcome Joe Rodriguez to the MVB family as a trusted partner on the financial frontier, committed to the success of our Team, clients, communities and shareholders,” said Larry F. Mazza, CEO, MVB Financial and MVB Bank.
“Known for his deep-seated expertise in banking and financial services regulatory frameworks, Joe has built a reputation for building risk management teams that are not just safeguards, but drivers of business value and sustainable transformation.”
At MVB, Rodriguez leads the Office of Risk Management, including the risk, compliance and legal functions of MVB Bank. Working directly with the MVB Board of Directors Risk and Compliance Committee, he will continue to build MVB’s risk management capabilities.
Rodriguez comes to MVB from Capital One where he most recently served as the Executive Risk Officer for Financial Services, reporting to the Financial Services Business Chief Risk Officer. He managed a team of risk professionals who are responsible for enterprise risk and change management activities, including leading the regulatory change governance process for new/revised laws and regulations; conducting ongoing risk assessments, including RCSA; overseeing development and maintenance of compliance controls; leading regulator exam and internal audit engagements; managing risk and compliance reporting; and overseeing remediation of exam, audit and risk assessment findings. He also served as the Lead Compliance Officer for Financial Services, and Acting Head of Enterprise Privacy Compliance at Capital One.
Prior to his current role at Capital One, Rodriguez served as Lead Counsel – Financial Services Regulatory, AML and Sanctions at Walmart. There, he led enhancements to the company’s AML Compliance Program, advised on regulatory matters involving partner financial institutions and advised on agreements to expand Walmart’s money transmission and payments partnerships. Prior to his in-house experience, he served as outside counsel to leading banks and fintech companies and was a partner at the law firm Davis Wright Tremaine LLP, a firm known for its deep financial services practice.
Much of Rodriguez’s early career was spent in government service, where he was an early employee at the Consumer Financial Protection Bureau (CFPB). He served as Regional Counsel for the Bureau’s Southeast Region, advising on examination reports, MRAs and MOUs and evaluating institutional compliance. He was also a Trial Attorney at the U.S. Department of Justice, representing the United States in federal district court and bankruptcy court regarding complex tax and financial fraud matters. He began his career as an associate at the international law firm Milbank LLP.
Rodriguez received a B.S. in Accounting, magna cum laude, from the College of New Jersey. He received his J.D. from Harvard Law School.
