Sarah, a leader of our Risk Practice, has deep expertise in bank regulation and compliance, risk management, capital planning and stress testing, resolution planning, corporate governance, and strategic planning.
Sarah’s recent client experience at McKinsey includes:
- supporting several US and foreign institutions in comprehensive capital analysis and review (CCAR) preparations (including participating in review and challenge sessions), reviewing CCAR narratives and supporting documentation, and preparing management teams for on-site examinations
- leading our work for a central bank on the design and implementation of an operating model for executing stress testing at regulated firms
- advising several top US banks about their response to feedback on their 2015 resolution plans, with a focus on legal-entity structure, separability, derivatives, and divestiture strategies
Before joining McKinsey, Sarah had a 25-year career at the Federal Reserve Bank of New York (FRBNY), beginning as an examiner and rising to become executive vice president and head of financial-institution supervision. In that role, she was responsible for overseeing many of the largest banks operating in the United States and developing new supervisory policies and procedures.
At the FRBNY, Sarah managed a staff of more than 700 people and a budget of over $250 million. Following the 2008 financial crisis, she introduced a raft of reforms and innovations in the way the FRBNY supervises the country’s largest financial institutions and contributed to international supervisory-policy objectives.
In addition to her work for the firm, Sarah holds seats on the boards of both the President’s Council of Cornell Women and the Duke University Sanford School of Public Policy.
Sarah Dahlgren et al, Perspectives on CCAR: Looking ahead to the 2017 cycle, McKinsey & Company, July 2016
New York University
MPhil, public administration
MA, public policy