Senior Staff

Board Staff

Patrick J. Schorno

Deputy Chief Economist, Modeling and Risk Analysis

Office of Economic and Risk Analysis

Patrick J. Schorno is the Deputy Chief Economist, Modeling and Risk Analysis in the Office of Economic and Risk Analysis (OERA). In this role, he is responsible for the creation and further development of quantitative and qualitative tools used to recommend targets for PCAOB’s audit inspections and investigations programs, and for the analysis and communication of likely emerging audit risks. 

Prior to joining the PCAOB, Dr. Schorno was an Executive Director at Ally Financial responsible for oversight of the consumer modeling data strategy, as well as researching, developing, and implementing quantitative models. He previously worked as a manager in KPMG’s financial risk management advisory practice and as a financial economist at the Federal Reserve Bank of Richmond. 

Dr. Schorno holds a Ph.D. in finance from the University of North Carolina at Charlotte, as well as an M.S. in analytical finance from Lehigh University. 

Divisions

Enforcement and Investigations

Patrick J. Schorno

Deputy Chief Economist, Modeling and Risk Analysis

Office of Economic and Risk Analysis

Patrick J. Schorno is the Deputy Chief Economist, Modeling and Risk Analysis in the Office of Economic and Risk Analysis (OERA). In this role, he is responsible for the creation and further development of quantitative and qualitative tools used to recommend targets for PCAOB’s audit inspections and investigations programs, and for the analysis and communication of likely emerging audit risks. 

Prior to joining the PCAOB, Dr. Schorno was an Executive Director at Ally Financial responsible for oversight of the consumer modeling data strategy, as well as researching, developing, and implementing quantitative models. He previously worked as a manager in KPMG’s financial risk management advisory practice and as a financial economist at the Federal Reserve Bank of Richmond. 

Dr. Schorno holds a Ph.D. in finance from the University of North Carolina at Charlotte, as well as an M.S. in analytical finance from Lehigh University. 

Registration and Inspections

Patrick J. Schorno

Deputy Chief Economist, Modeling and Risk Analysis

Office of Economic and Risk Analysis

Patrick J. Schorno is the Deputy Chief Economist, Modeling and Risk Analysis in the Office of Economic and Risk Analysis (OERA). In this role, he is responsible for the creation and further development of quantitative and qualitative tools used to recommend targets for PCAOB’s audit inspections and investigations programs, and for the analysis and communication of likely emerging audit risks. 

Prior to joining the PCAOB, Dr. Schorno was an Executive Director at Ally Financial responsible for oversight of the consumer modeling data strategy, as well as researching, developing, and implementing quantitative models. He previously worked as a manager in KPMG’s financial risk management advisory practice and as a financial economist at the Federal Reserve Bank of Richmond. 

Dr. Schorno holds a Ph.D. in finance from the University of North Carolina at Charlotte, as well as an M.S. in analytical finance from Lehigh University. 

Offices

Chief Auditor

Patrick J. Schorno

Deputy Chief Economist, Modeling and Risk Analysis

Office of Economic and Risk Analysis

Patrick J. Schorno is the Deputy Chief Economist, Modeling and Risk Analysis in the Office of Economic and Risk Analysis (OERA). In this role, he is responsible for the creation and further development of quantitative and qualitative tools used to recommend targets for PCAOB’s audit inspections and investigations programs, and for the analysis and communication of likely emerging audit risks. 

Prior to joining the PCAOB, Dr. Schorno was an Executive Director at Ally Financial responsible for oversight of the consumer modeling data strategy, as well as researching, developing, and implementing quantitative models. He previously worked as a manager in KPMG’s financial risk management advisory practice and as a financial economist at the Federal Reserve Bank of Richmond. 

Dr. Schorno holds a Ph.D. in finance from the University of North Carolina at Charlotte, as well as an M.S. in analytical finance from Lehigh University. 

Chief Hearing Officer

Patrick J. Schorno

Deputy Chief Economist, Modeling and Risk Analysis

Office of Economic and Risk Analysis

Patrick J. Schorno is the Deputy Chief Economist, Modeling and Risk Analysis in the Office of Economic and Risk Analysis (OERA). In this role, he is responsible for the creation and further development of quantitative and qualitative tools used to recommend targets for PCAOB’s audit inspections and investigations programs, and for the analysis and communication of likely emerging audit risks. 

Prior to joining the PCAOB, Dr. Schorno was an Executive Director at Ally Financial responsible for oversight of the consumer modeling data strategy, as well as researching, developing, and implementing quantitative models. He previously worked as a manager in KPMG’s financial risk management advisory practice and as a financial economist at the Federal Reserve Bank of Richmond. 

Dr. Schorno holds a Ph.D. in finance from the University of North Carolina at Charlotte, as well as an M.S. in analytical finance from Lehigh University. 

Chief Operating Officer

Patrick J. Schorno

Deputy Chief Economist, Modeling and Risk Analysis

Office of Economic and Risk Analysis

Patrick J. Schorno is the Deputy Chief Economist, Modeling and Risk Analysis in the Office of Economic and Risk Analysis (OERA). In this role, he is responsible for the creation and further development of quantitative and qualitative tools used to recommend targets for PCAOB’s audit inspections and investigations programs, and for the analysis and communication of likely emerging audit risks. 

Prior to joining the PCAOB, Dr. Schorno was an Executive Director at Ally Financial responsible for oversight of the consumer modeling data strategy, as well as researching, developing, and implementing quantitative models. He previously worked as a manager in KPMG’s financial risk management advisory practice and as a financial economist at the Federal Reserve Bank of Richmond. 

Dr. Schorno holds a Ph.D. in finance from the University of North Carolina at Charlotte, as well as an M.S. in analytical finance from Lehigh University. 

Communications and Engagement

Patrick J. Schorno

Deputy Chief Economist, Modeling and Risk Analysis

Office of Economic and Risk Analysis

Patrick J. Schorno is the Deputy Chief Economist, Modeling and Risk Analysis in the Office of Economic and Risk Analysis (OERA). In this role, he is responsible for the creation and further development of quantitative and qualitative tools used to recommend targets for PCAOB’s audit inspections and investigations programs, and for the analysis and communication of likely emerging audit risks. 

Prior to joining the PCAOB, Dr. Schorno was an Executive Director at Ally Financial responsible for oversight of the consumer modeling data strategy, as well as researching, developing, and implementing quantitative models. He previously worked as a manager in KPMG’s financial risk management advisory practice and as a financial economist at the Federal Reserve Bank of Richmond. 

Dr. Schorno holds a Ph.D. in finance from the University of North Carolina at Charlotte, as well as an M.S. in analytical finance from Lehigh University. 

Economic and Risk Analysis

Patrick J. Schorno

Deputy Chief Economist, Modeling and Risk Analysis

Office of Economic and Risk Analysis

Patrick J. Schorno is the Deputy Chief Economist, Modeling and Risk Analysis in the Office of Economic and Risk Analysis (OERA). In this role, he is responsible for the creation and further development of quantitative and qualitative tools used to recommend targets for PCAOB’s audit inspections and investigations programs, and for the analysis and communication of likely emerging audit risks. 

Prior to joining the PCAOB, Dr. Schorno was an Executive Director at Ally Financial responsible for oversight of the consumer modeling data strategy, as well as researching, developing, and implementing quantitative models. He previously worked as a manager in KPMG’s financial risk management advisory practice and as a financial economist at the Federal Reserve Bank of Richmond. 

Dr. Schorno holds a Ph.D. in finance from the University of North Carolina at Charlotte, as well as an M.S. in analytical finance from Lehigh University. 

Enterprise Risk Management

Patrick J. Schorno

Deputy Chief Economist, Modeling and Risk Analysis

Office of Economic and Risk Analysis

Patrick J. Schorno is the Deputy Chief Economist, Modeling and Risk Analysis in the Office of Economic and Risk Analysis (OERA). In this role, he is responsible for the creation and further development of quantitative and qualitative tools used to recommend targets for PCAOB’s audit inspections and investigations programs, and for the analysis and communication of likely emerging audit risks. 

Prior to joining the PCAOB, Dr. Schorno was an Executive Director at Ally Financial responsible for oversight of the consumer modeling data strategy, as well as researching, developing, and implementing quantitative models. He previously worked as a manager in KPMG’s financial risk management advisory practice and as a financial economist at the Federal Reserve Bank of Richmond. 

Dr. Schorno holds a Ph.D. in finance from the University of North Carolina at Charlotte, as well as an M.S. in analytical finance from Lehigh University. 

General Counsel

Patrick J. Schorno

Deputy Chief Economist, Modeling and Risk Analysis

Office of Economic and Risk Analysis

Patrick J. Schorno is the Deputy Chief Economist, Modeling and Risk Analysis in the Office of Economic and Risk Analysis (OERA). In this role, he is responsible for the creation and further development of quantitative and qualitative tools used to recommend targets for PCAOB’s audit inspections and investigations programs, and for the analysis and communication of likely emerging audit risks. 

Prior to joining the PCAOB, Dr. Schorno was an Executive Director at Ally Financial responsible for oversight of the consumer modeling data strategy, as well as researching, developing, and implementing quantitative models. He previously worked as a manager in KPMG’s financial risk management advisory practice and as a financial economist at the Federal Reserve Bank of Richmond. 

Dr. Schorno holds a Ph.D. in finance from the University of North Carolina at Charlotte, as well as an M.S. in analytical finance from Lehigh University. 

Internal Oversight and Performance Assurance

Patrick J. Schorno

Deputy Chief Economist, Modeling and Risk Analysis

Office of Economic and Risk Analysis

Patrick J. Schorno is the Deputy Chief Economist, Modeling and Risk Analysis in the Office of Economic and Risk Analysis (OERA). In this role, he is responsible for the creation and further development of quantitative and qualitative tools used to recommend targets for PCAOB’s audit inspections and investigations programs, and for the analysis and communication of likely emerging audit risks. 

Prior to joining the PCAOB, Dr. Schorno was an Executive Director at Ally Financial responsible for oversight of the consumer modeling data strategy, as well as researching, developing, and implementing quantitative models. He previously worked as a manager in KPMG’s financial risk management advisory practice and as a financial economist at the Federal Reserve Bank of Richmond. 

Dr. Schorno holds a Ph.D. in finance from the University of North Carolina at Charlotte, as well as an M.S. in analytical finance from Lehigh University. 

International Affairs

Patrick J. Schorno

Deputy Chief Economist, Modeling and Risk Analysis

Office of Economic and Risk Analysis

Patrick J. Schorno is the Deputy Chief Economist, Modeling and Risk Analysis in the Office of Economic and Risk Analysis (OERA). In this role, he is responsible for the creation and further development of quantitative and qualitative tools used to recommend targets for PCAOB’s audit inspections and investigations programs, and for the analysis and communication of likely emerging audit risks. 

Prior to joining the PCAOB, Dr. Schorno was an Executive Director at Ally Financial responsible for oversight of the consumer modeling data strategy, as well as researching, developing, and implementing quantitative models. He previously worked as a manager in KPMG’s financial risk management advisory practice and as a financial economist at the Federal Reserve Bank of Richmond. 

Dr. Schorno holds a Ph.D. in finance from the University of North Carolina at Charlotte, as well as an M.S. in analytical finance from Lehigh University. 

Investor Advocate

Patrick J. Schorno

Deputy Chief Economist, Modeling and Risk Analysis

Office of Economic and Risk Analysis

Patrick J. Schorno is the Deputy Chief Economist, Modeling and Risk Analysis in the Office of Economic and Risk Analysis (OERA). In this role, he is responsible for the creation and further development of quantitative and qualitative tools used to recommend targets for PCAOB’s audit inspections and investigations programs, and for the analysis and communication of likely emerging audit risks. 

Prior to joining the PCAOB, Dr. Schorno was an Executive Director at Ally Financial responsible for oversight of the consumer modeling data strategy, as well as researching, developing, and implementing quantitative models. He previously worked as a manager in KPMG’s financial risk management advisory practice and as a financial economist at the Federal Reserve Bank of Richmond. 

Dr. Schorno holds a Ph.D. in finance from the University of North Carolina at Charlotte, as well as an M.S. in analytical finance from Lehigh University. 

Secretary

Patrick J. Schorno

Deputy Chief Economist, Modeling and Risk Analysis

Office of Economic and Risk Analysis

Patrick J. Schorno is the Deputy Chief Economist, Modeling and Risk Analysis in the Office of Economic and Risk Analysis (OERA). In this role, he is responsible for the creation and further development of quantitative and qualitative tools used to recommend targets for PCAOB’s audit inspections and investigations programs, and for the analysis and communication of likely emerging audit risks. 

Prior to joining the PCAOB, Dr. Schorno was an Executive Director at Ally Financial responsible for oversight of the consumer modeling data strategy, as well as researching, developing, and implementing quantitative models. He previously worked as a manager in KPMG’s financial risk management advisory practice and as a financial economist at the Federal Reserve Bank of Richmond. 

Dr. Schorno holds a Ph.D. in finance from the University of North Carolina at Charlotte, as well as an M.S. in analytical finance from Lehigh University.