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Frank Fiorille

Vice President, Risk and Compliance

Frank Fiorille

Frank Fiorille is the vice president of risk and compliance at Paychex. In this role, he is a chief steward of risk for the company, and he leads the implementation of all aspects of the risk function, including processes, tools, and systems to identify, assess, measure, manage, monitor, and report risks. In addition to his overall risk management responsibilities and heading the company's compliance function, he oversees the government relations and operating risk functions for Paychex.

Fiorille also oversees the data science team responsible for developing the company’s monthly Paychex Small Business Employment Watch, which is considered a leading economic indicator for overall small business health in the U.S.

Fiorille joined Paychex in 2002, bringing with him several years of experience from previous risk management leadership roles at Citigroup and PNC Bank. He was named one of the 100 Most Influential People in Finance by Treasury & Risk magazine in 2008 and 2009, and he’s credited with leading successful projects to build the first risk and retention models in both the educational lending and payroll outsourcing industries.

Fiorille holds an MBA from the University of North Carolina at Chapel Hill Kenan-Flagler Business School, a certificate in advanced risk management from The Wharton School at the University of Pennsylvania, and a DCRO Institute Certificate in Risk Governance. He is a past chair of the Enterprise Risk Management Committee for the Risk Management Society (RIMS), one of the world’s largest risk management organizations, and a former board member for the National Association of Professional Employer Organizations (NAPEO). Fiorille is a frequent speaker both domestically and internationally, including on APM’s Marketplace, on the topic of risk management and was an adjunct professor at the Rochester Institute of Technology.