Steve Fritts has joined the Washington, D. C., office of global consulting firm, Protiviti, as a managing director in the firm's risk and compliance group.

Drawing on his unique background and experience as a regulator, Fritts will assist financial organizations in addressing regulatory changes, such as the Dodd-Frank Act, as well as help strengthen their risk management policies and procedures.

Fritts, who joins Protiviti from the Federal Deposit Insurance Corporation (FDIC), has worked as a federal bank regulator for more than 30 years, with expertise in risk management, consumer protection, and bank resolutions and liquidation. In addition, his experience includes more than 20 years in operational, administrative and policy development functions.

He most recently served as the FDIC's associate director of the Division of Supervision for Risk Management Policy. Fritts also has held several other leadership positions with the FDIC, including associate director of the Division of Compliance and Consumer Affairs; assistant director of the Division of Liquidation in Dallas; and deputy regional director of the Resolution Trust Corporation in Dallas.