Agnes Bundy Scanlan, Esq., is the President of The Cambridge Group LLC, a strategy and risk management advisory firm. The Cambridge Group provides regulatory risk consulting, operational expertise on consumer banking regulations, interim staff augmentation, training guidance, and more. Based on her unique experiences, Agnes is recognized as a strategic partner and trusted advisor who provides hands-on advice to execute and implement solutions successfully.
Recently, Agnes was senior advisor for Treliant, where she counseled financial services firms on various challenges, including strategy, governance, regulatory, compliance, and risk management matters.
Previously, Agnes served as the Northeast Regional Director of Supervision Examinations for the Consumer Financial Protection Bureau (“CFPB”). As Regional Director, Agnes oversaw the regional staff, and represented the CFPB Supervision mission on all matters relating to conducting consumer financial protection supervision and examinations at a variety of complex depository financial institutions and non-depository consumer financial services companies. The 32 financial institutions and 25 companies under her regulatory authority had assets totaling over $6 trillion.
Earlier, Agnes was the chief regulatory and compliance officer, and global chief privacy officer at TD Bank. She worked in similar roles at Bank of America and its predecessors. Agnes also served as counsel at Goodwin Procter and for the United States Senate Committee on the Budget.
Agnes is an independent director for Truist Financial Corporation’s Board of Directors and NewTower Trust Company. She is a fellow of the American College of Consumer Financial Services Lawyers, a commissioner for the American Bar Association’s (“ABA”) Commission on Racial and Ethnic Diversity in the Profession, and, is the chair of the ABA’s Business Law Section’s Privacy Subcommittee. Agnes was selected for inclusion in Boston Business Journal’s Most Powerful Women, and in Chambers USA: America’s Leading Lawyers for Business. She is the former vice chair of the Smith College Board of Trustees, former chair of the Federal Reserve Board of Governors’ Consumer Advisory Council, former (and founding) chairman of International Association of Privacy Professionals, and former chair of FannieMae’s Housing Impact Advisory Council.
Agnes holds a J.D. from Georgetown University Law Center and a A.B. from Smith College. She is a member of the Bar of the Supreme Court of the United States, the Bar of the Commonwealth of Massachusetts, the Bar of the Commonwealth of Pennsylvania, and the Bar of the Superior Court of the District of Columbia. Last year, Agnes completed Harvard University’s certification course on Cybersecurity: Managing Risk in the Information Age and MIT’s certification course on Artificial Intelligence.
