Arnold H. Schanfield

Director, Education & Research Center for Managing Risk, School of Graduate and Professional Studies at Manhattanville College

Arnold Schanfield is an experienced internal audit, governance and risk management professional with expertise in industries ranging from consumer products to life sciences. His lengthy career spans from large accounting firms to boutiques, from public companies to privately held, and several Fortune 50 ones as well.  Subsequent to his internal audit engagements, during which he gained extensive skills in the areas of governance, business ethics, forensics and business strategy, he started to focus on Risk Management and Enterprise Risk Management, or as it is now preferably called, Management of Risk.  

Arnold was an initial proponent of the COSO ERM framework when it was issued in 2004. Subsequent to this, he was exposed to AS/NZS 4360:2004 from Australia/New Zealand which then served to crystallize his thinking on risk management. As this latter framework formed the nucleus of thinking for ISO 31000, it was a natural evolution for him to ISO 31000. Simultaneously to issuance of ISO 31000, other countries such as the UK (BSI 31100 and Combined Code) and South Africa (King 3) issued significant governance guidance for managing risk  

Critical aspects of these frameworks drive Arnold's quest to achieve a confluence of the best-in-class materials and thinking from around the globe, in this pervasive and vital discipline.

Mr. Schanfield holds six professional designations. He is a member of the American Institute of Certified Public Accountants (AICPA) and the Institute of Internal Auditors by virtue of his being a CPA and CIA. He also successfully passed examinations with the Association of Certified Fraud Examiners (CFE), Canadian Institute of Chartered Accountants (CA), Certified Management Accountants of Canada (CMA), the National Association of Certified Fraud Examiners (ACFE), and the Certified General Accountants of Canada (CGA). He has a BSC degree from Loyola College and a Masters in Science in Public Accountancy from McGill University both in Montreal.

Arnold sits on the Editorial Advisory Board of the Institute of Internal Auditors, has published or spoken more than 50 times at major conferences and key journals. He has taught at New York University, and conducted seminars on ISO 31000 and other risk management topics to corporations and academic institutions both domestically and globally.