Herbert M. Chain, MBA, CPA

Senior Director, Risk Management

Herbert M. Chain
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New York City
685 Third Avenue
New York, NY 10017
Phone: 212.201.2240
Fax: 212.201.2241


Herbert M. Chain, MBA, CPA, is a Senior Director, Risk Management in Marks Paneth’s Professional Standards Group, which is responsible for reviewing the firm’s attest engagements and ensuring adherence to all professional standards. He works closely with Marks Paneth’s Chief Risk Officer in the firm’s Risk Management function.

With more than 40 years of business, audit and accounting experience, Mr. Chain has managed significant audit engagements relating to public and private clients in the financial services and other industries. He has broad knowledge of the financial services sector, including asset management and insurance, as well as extensive expertise in financial reporting and controls consulting, including IPO readiness, enterprise risk management, financial due diligence services and litigation and dispute resolution services. Mr. Chain has developed a deep understanding of governance processes and responsibilities through board and committee interactions and has earned an NACD Directorship CertificationTM as a validation of his governance knowledge.

Prior to joining Marks Paneth, Mr. Chain was the Principal & Managing Member of his own consulting business and a Senior Audit Partner at a Big 4 accounting firm. He also served as an Assistant Professor in the Department of Accountancy at St. John’s University and led the Tobin Center for Executive Education. He is based in Marks Paneth’s New York office.   


International School of Management (Paris, France)
DBA Dissertation in Progress

New York University
Master of Science in International Relations

University of Pennsylvania,
The Wharton Graduate School of Business
Master of Business Administration

Duke University
Bachelor of Science

Professional Memberships

American Institute of Certified Public
Accountants (AICPA)
New York State Society of Certified Public Accountants (NYSSCPA)

Member, Investment Management Committee
Member, Quality Control and Peer Review Committee
Member, SEC Committee
Member, Stock Brokerage Committee
Member, Digital Assets Committee

National Association of Corporate
Directors (NACD)
Institute of Internal Auditors (IIA)
Private Risk Managers Association (PRMA)
Infusive US Trust

Member, Board of Trustees & Audit Committee Chair

The RENN Fund

Member, Board of Directors & Audit Committee Chair


Member, Board of Directors & Audit and Compliance Committee Chair

The Kew-Forest School

              Member, Board of Trustees, Vice-chair, Treasurer & Executive Committee Member

Practice Areas

Quality Management
Firm Risk Management
Audit and Accounting Standards
Financial Service Audits and Advisory Services
Investment Management Audit and Advisory Services
Investment Performance Presentation Standards

Licensed In

New York