James W. Nelson is senior vice president in the supervision and regulation department. Nelson is responsibility for the large institution division, which includes the District’s largest bank holding companies, foreign banking organizations, savings and loan holding companies and financial market utilities. He is involved in multiple Federal Reserve System initiatives. Currently, he is serving on several committees and work groups, including the System’s financial market utilities supervision committee, the large banking organization management group and various capital and stress testing work groups. Recently, he served as national project leader for the System’s review of incentive compensation for the largest banking organizations.
Nelson has extensive public and private sector experience in risk management, corporate governance and capital management. Prior to his re-joining the Federal Reserve System in June 2009, Nelson was the executive vice president and chief risk officer at Huntington Bancshares, Inc. starting in November 2004. In that role, he was responsible for credit, market, operational and compliance risk management on a Huntington company-wide basis. His responsibilities also included economic capital, model validation, business continuity, new product and services review and policy oversight. Nelson has previously served in senior level positions with U.S. Banking Alliance and Merrill Lynch. Nelson is a graduate of the University of Florida and earned a MBA from the University of Chicago.