Risk Management & Compliance Services (RMCS) serves as a resource to the MIT community in the areas of risk management and compliance. The office reports to the Vice President & General Counsel as well as the Risk and Audit Committee of the MIT Corporation. Since risk at the Institute is an important topic to MIT governance, the Risk and Audit Committee oversees the activity and policies of RMCS.
Deborah L. FisherInstitute Risk Officer
As Institute Risk Officer, Debby Fisher leads Risk Management & Compliance Services and is responsible for creating a comprehensive Institute-wide system of risk identification and assessment that supports informed risk-taking. Reporting to her are the Manager of Institutional Compliance and the Manager of Institutional Risk Services, both staff of Risk Management & Compliance Services.
Debby joined MIT in 2000 as Institute Auditor, leading the MIT audit function for 13 years before becoming Institute Risk Officer. She has led Institute-wide initiatives to formulate and adopt MIT’s Statement of Responsible and Ethical Conduct, and an institutional hotline. She participates in a number of ad hoc and standing councils and committees throughout the Institute. Currently, she convenes the Risk and Compliance Steering Group and the Risk and Compliance Advisory Team. Prior to joining MIT she held senior internal audit positions at USTrust Bank, Bank of Boston, and Bank of New England, as well as conducting engagements as a consultant in assessing business risk.
Debby is a graduate of Duke University (BA, Economics) and the University of Michigan (MBA). Debby attained her CPA while employed by Coopers & Lybrand in Boston. She is a frequent contributor to conferences and seminars of organizations serving the audit, risk management and higher education professions.
Kathleen K. MillerManager of Institutional Compliance
Kate Miller joined MIT in 2014 as the Manager of Institutional Compliance. In this role, Kate is creating an Institute-wide compliance network that builds upon the many, varied compliance activities at MIT. In collaboration with colleagues across the Institute, Kate works to identify and assess legal and regulatory risks facing MIT and represents Risk Management & Compliance Services in compliance initiatives. She provides support and education to members of the MIT community on compliance issues and regularly collaborates with the Office of the General Counsel, the Institute Auditor, and other areas that play significant roles in MIT’s compliance efforts.
Before joining MIT, Kate spent five years at Wellesley College as the inaugural program director for the Madeleine K. Albright Institute for Global Affairs, an interdisciplinary initiative founded in 2010 to prepare Wellesley students for global leadership. Prior to that, Kate practiced law for several years at Ropes & Gray LLP in Boston, MA and worked as a public affairs specialist at the Federal Election Commission in Washington, DC. Kate is a graduate of Brown University and the George Washington University Law School, where she was a Notes Editor of The George Washington Law Review. She is a member of the Boston Bar Association and the National Association of College and University Attorneys.
Meghan M. DevaneyManager of Institutional Risk Services
Meghan Devaney joined MIT’s Risk Management & Compliance Services as Manager of Institutional Risk Services in 2015. In this role, Meghan is responsible for the implementation and ongoing operation of the Institute’s comprehensive risk management system, working with the Institute Risk Officer, the Risk & Compliance Steering Group and Advisory Team members, and others throughout the Institute. She represents RMCS in existing and new committees and councils, facilitates discussions to identify and assess risks and develop appropriate risk mitigation strategies, and serves as a resource to the many areas and individuals involved in the day-to-day management of risks.
Meghan has been at MIT since 2011, previously serving as the Senior Financial Officer for the Department of Chemistry. In that role, she was responsible for all financial management, forecasting and reporting for the Department, as well as oversight of research administration compliance. Prior to joining MIT, Meghan was a senior consultant with Booz Allen Hamilton in Washington, DC, and also held positions with Wachovia Securities, Blue Cross Blue Shield of Massachusetts, and Dana-Farber Cancer Institute. She is an alum of MIT’s leadership development program, Leader to Leader, class of 2014. Meghan received her Master of Business Administration from the Georgetown University McDonough School of Business and is a graduate of the Boston College Carroll School of Management.