I spoke last Thursday with Adam S. Lee, the Special Agent in charge of the U.S. Federal Bureau of Investigation’s Richmond Division.
I’ve been looking at the role women now play in compliance in the United States and overseas. The good news is that more women have come into the ranks in top level compliance positions. But not all women have found success in those roles.
In the prior post, I looked at the presence of women in compliance roles in the United States and abroad. In this post, I’m looking at how women in compliance can be a catalyst for more diversity in organizations.
Women may or may not be better-suited to risk management roles as compared to men as being fully equipped for the role might have more to do with skills sets, ethical judgment and plain-vanilla experience than with anything related to gender.
Just as the 2016 FCPA enforcement year left us plenty of topics to discuss, the new year brings many uncertainties, and the direction of the law’s enforcement is a matter of some debate.
I live in a NYC co-op, and our co-op board does business with a community bank. I’m the treasurer, so I go there a lot, and I find their lack of bells and whistles a bit refreshing when I visit in person and they remember my name and that I’m the treasurer who hates math.
I became a runner for the first time in my life in late 2003. I had run the Corporate Challenge while working at Fidelity Investments in Boston, and I became hooked. I called the contact person for a large running club in my area of Boston, and told him I was interested in joining them for a run.
Compliance officers are experiencing regulatory fatigue and overload in the face of ever-changing and growing regulations. How they deal with the onslaught depends upon their resources and risk profile, among other considerations.
The compliance profession has seen a significant transformation in responsibility, accountability and technology since the financial crisis erupted in 2008.