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Laura Labno

Laura Labno

Laura Labno is a Senior Vice President at MB Financial within the Risk Management area.� Laura joined MB Financial in 2010 to establish an Enterprise Risk Management (ERM) program. �Responsible for designing, implementing and managing an ERM framework that identifies, monitors, and reports on the various risks across the bank, enabling an integrated view of collective risk. This entailed coordinating established risk programs and management teams to create an integrated process and methodology across all areas of the organization.During her tenure, Laura was called upon to develop the risk management program for the Prepaid Card business, including leading the development of policies, procedures, monitoring and tracking of performance for Board and management level of reporting.�� Under Laura�s leadership MB Financial has established a successful risk management structure for the Prepaid Card business, interacting with both internal and external stakeholders.� Laura�s focus is always on ensuring business strategy and plans are met, and that the risk/reward trade-off produces a win-win for all parties.Laura started her career in retail credit risk management for private label retail and general purpose credit cards, including JC Penney and Discover.� She expanded her risk management expertise within the Corporate Risk Management area at HSBC.Laura earned a Master�s in Business Administration at the Fisher College of Business at The Ohio State University, as well as a Master�s and Bachelor�s from the University of Illinois at Urbana-Champaign with an emphasis in statistics and social research.