Russ Sommers

Russell Sommers

CPA, CISA

Director

+1 (646) 776 6214

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Russ leads Baker Tilly’s financial services risk advisory practice in the New York Metro area, as well as Baker Tilly’s digital assets practice. He assists financial services clients identify and navigate their governance, risk and compliance expectations. He also leads a broad array of projects, including internal controls advisory, internal audit, cybersecurity and regulatory compliance consulting, information technology audit and risk assessment, vendor risk management, enterprise risk management, and SOC 1/2 reporting.

  • Oversees planning, execution and client management for a wide variety of complex accounting and IT consulting, audit, risk assessment and compliance projects
  • Collaborates with clients to prepare for IPO readiness, design and implement enterprise risk management (ERM) programs, conduct Sarbanes Oxley (SOX) control gap assessments, execute SOX programs
  • Executes SOX/MAR/FDICIA audits and internal audit plans in a fully outsourced and co-sourced capacity for insurance companies, financial institutions and national securities exchanges
  • Trains financial services regulators and examiners on how to conduct examinations addressing emerging regulations
  • Designs and executes tests of incident response, disaster recovery and business continuity plans
  • Assists clients in mapping business processes to regulatory and industry guidance including SEC, NIST, FINRA, CFTC, IOSCO, NY DFS, NAIC, NIST, ISO, COBIT, GDPR, CA CPA, etc.
  • Leads SOC 1/2 readiness assessments and examinations with financial services clients
  • American Institute of Certified Public Accountants (AICPA)
  • New Jersey Society of Certified Public Accountants (NJCPA)
  • Information Systems Audit and Control Association (ISACA)
  • Insurance Accounting and Systems Association (IASA)
  • Society of Insurance Financial Management (SIFM)
  • Society of Financial Examiners (SOFE)