Jacob Franklin Cia, Cfsa

Jacob Franklin, CIA, CFSA has a strong background in risk management and compliance. Jacob has worked as a VP Enterprise Risk Officer at Merchants Bank of Indiana since September 2021. Prior to this, they were employed by USAA from August 2019 to September 2021, focusing on enterprise and compliance risk.

Before joining USAA, Jacob worked at State Farm as a Compliance Consultant, responsible for implementing the Bank's 2nd line compliance function and installing the Compliance Management System. Jacob also served as a Bank Manager at State Farm, where they developed and implemented a process and control framework and collaborated with various levels of management to support risk management roles.

In their role as a Bank Manager - Enterprise Risk Manager at State Farm Bank, Jacob played a key role in developing and maturing the Bank's ERM program. Jacob integrated risk information from the Bank's three lines of defense and developed an ERM framework, methodology, and supporting tools.

Prior to State Farm, Jacob worked at The National Bank of Indianapolis as a Sox and Fraud Officer, overseeing internal control documentation, coordinating with audit firms, and conducting fraud risk assessments and audit plans. Jacob also worked as an Internal Audit Manager at Lincoln Bank, where they oversaw internal audits and Sarbanes-Oxley control testing.

Earlier in their career, Jacob served as a Manager in Internal Audit at Crowe Chizek. Jacob has a proven track record of successfully completing audit fieldwork, creating audit reports, and assisting management with responses to external audit issues.

Overall, Jacob Franklin brings extensive experience in risk management, compliance, internal audit, and fraud prevention to their current role as the VP Enterprise Risk Officer at Merchants Bank of Indiana.

Jacob Franklin attended Hanover College in 1997 for an unspecified duration, without completing a degree or field of study. Following this, they enrolled at Indiana University - Kelley School of Business in 1998 and graduated in 2001 with a Bachelor's degree in Accounting/Finance.