Steven Josephthal is a Director in the Financial Services Group and leads Navigant Consulting's Credit Risk Management Practice. Mr. Josephthal has approximately 27 years of combined consulting and industry risk management experience, spanning across traditional financial services organizations, as well as energy companies, commercial leasing companies, commercial factors and asset-based lenders. His expertise is concentrated in the areas of credit risk, operational risk and portfolio management. Mr. Josephthal's consulting engagements have focused on the development of enhanced lending (commercial and consumer) and leasing processes, including governance and policy design, Basel II compliance, e-strategy, process redesign, product delivery, credit scoring, risk rating systems, migration models, loss analyses, portfolio acquisition due diligence and portfolio management strategies.