Skip to main content
Back to

Hamid Samandari

Senior Partner, New York
As cofounder and senior leader of the Risk Practice globally and chair of the Global Knowledge Council, advises a number of leading financial institutions across the world on core risk and capital management issues

About Hamid

Hamid is a cofounder of our Risk Practice globally and leads the firm's Global Knowledge Council. He joined the firm in 1997 and has served a number of leading financial institutions in the Americas, Europe, and Asia on a broad range of risk management, strategy, operations, and technology issues. Hamid’s areas of expertise include capital management, credit risk management, operational risk management, risk organization and governance, risk culture, and compliance and controls functions.

Hamid’s recent work includes:

  • helping a US bank in its successful resolution plan
  • supporting several US banks on their Comprehensive Capital Analysis and Review (CCAR) programs, both in the context of remediation or continuous improvement
  • helping US and foreign banks with other regulatory remediation efforts
  • conducting comprehensive enterprise risk management reviews at several major North American financial institutions
  • helping implement risk management transformations across a broad spectrum of banking institutions
  • conducting risk culture transformations at banks in the US, Canada, and several Latin American countries

Hamid has also co-led our research on Basel III (in conjunction with the Clearing House), recovery and resolution planning (in conjunction with Davis-Polk & Wardwell), and risk IT (in conjunction with Institute of International Finance), in addition to overseeing the joint McKinsey–Risk Management Association enterprise risk management survey covering risk functions at over 60 banks globally.

Published work

Making a Step Change in Risk Efficiency and Effectiveness,” The European Financial Review, August/September, 2019

Confronting the risks of artificial intelligence,” McKinsey Quarterly, April 2019

Transforming risk efficiency and effectiveness,” McKinsey & Company, April 2019

The business logic in debiasing,” McKinsey on Risk, May 2017

The future of bank risk management” (PDF–7.39 MB), McKinsey & Company, December 2015

Managing third-party risk in a changing regulatory environment” (PDF–628 KB), McKinsey & Company, May 2013

Capital ratios and financial distress: Lessons from the crisis” (PDF– 304 KB), McKinsey & Company, December 2009

Past experience

Infotec (Switzerland)
Software developer for Forex decision trading tools


Stanford University
PhD, scientific computing and computational mathematics

University of Geneva
MSc, mathematics