Timothy Carmon

Vice President, Enterprise Risk Assessment and Model Risk

MassMutual

Tim is the head of Enterprise Risk Assessment and Model risk, an area of Enterprise Risk Management (ERM). Tim joined MassMutual in 2006 as part of a team to implement a sustainable program to assess internal controls over financial reporting. Since joining the company, Tim has worked in a variety of risk management capacities including geographic risk concentration, Own Risk and Solvency Assessment (ORSA) and other regulatory risk compliance, liquidity risk management, risk maturity assessment, and SOC 1/SOC 2 reporting. Currently, Tim oversees the Risk Appetite and Top Risk programs that identify, assess and quantify the top risks facing the company in the immediate and long term in both normal and stress conditions. Tim also manages the model risk team that sets governance standards related to model use and development, as well as, independently evaluating the model’s fit for purpose.

Prior to joining MassMutual, Tim worked at Deloitte in the Audit and Assurance Department with a focus on the life insurance industry.

Tim graduated from the University of Richmond in Richmond, VA with a BS in Accounting and a BA in Religion.