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Carey welcomes risk management expert Cliff Rossi as executive-in-residence

Former chief risk officer and finance professor brings decades of banking, enterprise risk management, and executive leadership experience to Johns Hopkins Carey Business School.

Cliff Rossi has spent more than four decades helping organizations navigate uncertainty.

From overseeing risk during some of the banking industry's most turbulent periods to educating the next generation of finance professionals, Rossi has built a career at the intersection of business strategy, financial services, and leadership. Now, he's bringing that experience to the Johns Hopkins Carey Business School as its newest executive-in-residence.

Rossi will mentor students, collaborate with faculty, and lend his expertise on enterprise risk management, banking, and executive leadership—helping bridge the gap between academic theory and real-world business practice.

"I've watched the growth of the Carey Business School under Dean Triantis' leadership for a number of years, and I can feel the energy in my interactions with faculty and other administrators," Rossi said. "I think that's a major draw for me in looking to help amplify all the great work happening at the school."

A career built on managing risk

Rossi describes joining Carey as "Act 3" of an accomplished career.

His first act spanned nearly 25 years in the banking and financial services industry, where he served in senior risk leadership roles—including chief risk officer positions—during periods that reshaped modern finance. His experience stretches from the savings and loan crisis of the 1980s to the events surrounding the 2008 global financial crisis, giving him a rare perspective on how organizations prepare for and respond to uncertainty.

His second act brought him into higher education. For 17 years, Rossi served as a finance professor and director of the Smith Enterprise Risk Consortium at the University of Maryland's Robert H. Smith School of Business, where he connected academic research with real-world business challenges.

Now, he sees his role at Carey as an opportunity to continue mentoring future business leaders while contributing to conversations around today's evolving risk landscape.

"I hope to weigh in on important risk management issues and speak with and mentor faculty and students on these subjects, as well as what it takes to map out a career that starts as an individual contributor and can eventually lead to the C-suite."

Finding purpose in risk management

Rossi didn't set out to become a risk management expert.

"I was an accidental risk manager," he said. "In my time, going to school to get a degree in risk management was nonexistent."

Once he entered the profession, however, he discovered work that perfectly matched his interests.

"I liked risk management for its wide array of skill sets—statistics, financial analysis, and economic analysis—and using them to solve different kinds of problems."

That combination of analytical thinking and problem solving has fueled a career that has expanded beyond financial risk to include climate and pharmaceutical risk, reflecting the increasingly interdisciplinary nature of today's business challenges.

Helping students stand out

Although Rossi won't be teaching formal courses, mentoring students is one of the aspects of his new role that excites him most.

His advice is straightforward: graduate with strong analytical and problem-solving abilities, contribute meaningfully to team projects, and develop the communication skills employers value.

"Companies want people who can hit the ground running so they can contribute on day one," he said.

Just as important, Rossi encourages students to find what makes them unique.

"My differentiator early on was the ability to explain highly technical modeling results to senior business leaders and identify opportunities where those results could enhance the business."

His advice to Carey students is simple:

"Find your differentiator that sets you apart from your peers."

He also urges students not to take a passive role in collaborative work.

"Don't be a bystander on team projects," he said. "You may get by in the short term, but over the long term you'll wish you'd fully immersed yourself in the work."

Leading through uncertainty

Looking back, Rossi counts earning his PhD among his proudest accomplishments, particularly because an academic career was never part of his original plan.

"I still joke that I'm a recovering chief risk officer masquerading as an academic," he said.

But he is equally proud of navigating executive leadership roles during some of the most challenging years in modern banking.

"It was a roller coaster and highly stressful at the time, but I like to think I emerged from that experience a much better risk manager and leader."

Those experiences now shape the perspective he brings to students and faculty alike: leadership isn't simply about making decisions when conditions are stable—it's about guiding organizations through uncertainty.

Beyond banking

Away from work, Rossi enjoys spending time on Maryland's Eastern Shore, where he and his family have lived for the past 14 years.

Whether sailing on the Chesapeake Bay, kayaking, taking one of his two antique powerboats out on the water, or driving his 1966 Mustang convertible, he appreciates opportunities to slow down and enjoy the outdoors.

He's also an avid student of history and is currently researching a nonfiction book about a little-known chapter of the Revolutionary War. The project explores how the fledgling Continental Navy challenged British shipping around England and how some American naval commanders were viewed as pirates rather than military officers.

Bringing experience to the Carey community

For Rossi, joining Carey is not just the next step in his career, but it's also opportunity to invest in the next generation of business leaders.

By sharing lessons learned from decades in banking, enterprise risk management, executive leadership, and higher education, he hopes to help students build the skills, confidence, and perspective they'll need to thrive in a rapidly changing business environment.

After a career spent navigating uncertainty, mentoring future leaders, and helping organizations manage risk, Rossi is ready for his next chapter, helping the Carey community build for what's next®.