We’ve been discussing on the FCPA Blog how to attract more talented young people to the compliance field. Here’s a formula: Start with a boot camp for undergraduates and then help them get internships in a compliance program.
Professor Anita Cava’s boot camp and internship program at the University of Miami, now in its third year, is bearing fruit. We’ve heard from students during and after the boot camp.
Below is a letter from a UM student who landed a compliance internship at a top-ten bank. The student promises an update on the work itself after the internship.
* * *
Hi Dr. Cava,
I wanted to let you know that I’ve accepted a position with [the bank’s] Office of Regulatory Affairs as a Regulatory Policy Intern this summer. I honestly could not have gotten the position had it not been for your Compliance Bootcamp.
Not only were my interviewers (now bosses) very impressed that such a program exists for undergraduate students and that I had attended it, but it gave me the vocabulary and knowledge of the regulatory world to be able to stand out amongst other candidates and hold high level conversations with them about the challenges faced in today’s regulatory environment.
I want to thank you very much for hosting this program, and I hope you continue to do so at an even larger scale. I can see myself continuing in this career path, and I would not have known about it if I hadn’t started learning about compliance and the complexities of the regulatory environment during your Compliance Bootcamp.
I’ll be sure to keep you updated about my experiences this summer.
* * *
For information on the University of Miami’s boot camp and internship initiative, contact Professor Cava from her page here.
Michael Scher is a senior editor of the FCPA Blog. He has over three decades of experience as a senior compliance officer and attorney for international transactions. He can be contacted here.