Karen Weber

Karen Weber is the Deputy Chief Risk Officer and Director of the Office of Risk Management for the Department of the Treasury. She was one of the lead drafters of Playbook: Enterprise Risk Management for the U.S. Federal Government, was part of the team helping to update OMB Circular A-123, “Management’s Responsibility for Enterprise Risk Management (ERM) and Internal Control,” is on the ERM Executive Steering Committee, and chairs the ERM Community of Practice. She chaired the working group to update the Playbook: Enterprise Risk Management for the U.S. Federal Government which should be published soon.

Prior to joining the Office of Risk Management, Karen was in the Treasury Office of Federal Program Finance from June 2001 to November 2014, last serving as the Acting Director. Her work entailed performing analyses of various Federal credit programs, as well as developing policy for government borrowing, lending, and investment programs and related proposals to recognize or reduce risk to the taxpayer.

Karen holds a Master of Public Administration from the George Washington University and a BA in Economics and Political Science from Dickinson College. She has earned the Risk and Insurance Management Society (RIMS) Certified Risk Management Professional credential and Federal micro-credential. She has also authored a chapter on the development of Treasury’s ERM program in the recently published Public Sector Enterprise Risk Management: Advancing Beyond the Basics. She was named ERM Leader of the Year by the Association for Federal Enterprise Risk Management in October 2019.

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