Patrick Simonnet

Information

Patrick Simonnet is a New York-based Managing Director and the Chief Audit Executive (CAE) of Bank of China for the USA. Patrick has enjoyed a long career within banking and financial services. Prior to Bank of China, Patrick was the Global Head of Audit for Market Behavior & Conduct at Credit Suisse between 2014 and mid-2019. In this role, Patrick assumed global responsibility for the audit coverage of market conduct risk, including the related legal, compliance and regulatory programs and activities, including AML. He previously worked at JP. Morgan Chase in 2011-14, where he was an Executive Director within their Internal Audit department for the Investment Bank and their regulatory change program consecutively within the COO department. Originally from Paris, Patrick held a number of control and business roles with the Banque de France and the French Futures and Options Exchange and Clearing House (aka MATIF). Patrick also spent 14 years with Goldman Sachs in Paris, London, New York and Chicago, in various Operations, Finance, Technology, Management Controls and Internal Audit roles, ultimately leading the Americas regional Internal Audit program. Patrick has been very familiar with 1st, 2nd and 3rd lines of defense matters since he has fulfilled responsibilities in a large number of different executive roles and covered related topics throughout his career at Goldman Sachs, JP Morgan Chase, Credit Suisse, globally, and Bank of China in the US.