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.
Nicholas B. HambridgeInstitute Risk Officer
Nick Hambridge joined MIT in April 2021. As Institute Risk Officer, Nick is responsible for leading MIT’s comprehensive system of risk management to support strategic decision-making and informed risk-taking across the Institute. He chairs the Risk Advisory Team, partners with risk owners to address the Institute’s top risks, and reports to the Risk and Audit Committee on significant risk topics.
Nick previously served as Director of Enterprise Risk Management at the Federal Reserve Bank of Boston and as Associate Director of Risk & Compliance Services at Harvard University. He received his BA in international affairs from the University of Georgia, his MBA in public & nonprofit management from Boston University, and his MPA with a certificate in management, leadership, and decision sciences from the Harvard Kennedy School.
Kathleen K. MillerInstitute Compliance Officer
Kate Miller serves as MIT’s Institute Compliance Officer. She originally joined MIT in 2014, and provides leadership and guidance in support of the Institute’s compliance activities. In collaboration with colleagues across MIT, Kate works to identify and assess legal and regulatory risks facing the Institute 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 Audit Division, 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.
Saumya KhandujaManager of Institutional Risk Services
Saumya Khanduja joined MIT in March 2018 as the Manager of Institutional Risk Services. In her role, Saumya is responsible for working with leadership and all levels of management to balance MIT’s entrepreneurial culture with risk-informed decision making. This includes directing a risk assessment and analysis program, facilitating risk identification and mitigation strategy discussions, assisting in efforts to enhance existing risk management practices, creating awareness around emerging risks, presenting on top identified risks to various community stakeholders, and serving as a resource across the wider community to effectively leverage mutual knowledge and understanding of risk and risk management.
Prior to MIT, Saumya led the internal audit and enterprise risk management functions for the Society for Human Resource Management (SHRM), a large professional society servicing the needs of human resources professionals worldwide, located in Alexandria, VA. Before SHRM, Saumya was a senior consultant and manager with Ernst & Young in both India and the US, advising clients on risk practices. She received degrees in engineering and business (MBA) from the University of Mumbai. She is a certified internal auditor.