Compliance Officers on the Move: Jan. 27

This week’s compliance jobs report leads with the men tapped to oversee ethics & compliance at the Trump Organization, but we have other news too. We have new CCOs at several financial firms, an update on the former head of enforcement for the SEC, a controller fired for embezzlement (!!!), and a few open compliance jobs that have come to my attention.

I gather these bits of gossip from LinkedIn, news alerts, and friends emailing me something to include. If you have a tip to pass along, email me at [email protected] or find me on LinkedIn. This is especially important since LinkedIn just redesigned its interface and (as usual) made the site less useful—this report depends on people like you helping me!

Compliance Jobs News

Most notably, the Trump Organization has named its two ethics and compliance advisers to help navigate conflicts of interest with president Donald Trump. Bobby Birchfield, a long-time lawyer for Republican causes and a partner at the firm King & Spalding, will come aboard as in-house ethics adviser. George Sorial, already in-house counsel for the Trump Organization, will now be chief compliance counsel.

I will refrain from expressing my skepticism of the Trump Organization arrangements here. The curious can read my original post expressing skepticism earlier this month. Rest assured, my skepticism remains unchanged.

True Health Diagnostic, a healthcare services company in Texas, has named Robert Rossi chief compliance officer. Rossi most recently was head of compliance and legal for Boston Heart Diagnostics, and has a long career in healthcare compliance.

compliance jobsThe Money Source, a mortgage lender loan servicer, has named Shanya Arrington chief compliance officer. She comes to the firm, based in Melville, N.Y., from American Mortgage Law Group in San Francisco. She had been a compliance attorney there.

We also have news about NCI Corp., an IT consulting firm and government contractor—it just fired its controller for embezzling $18 million over the last six years. NCI says the controller embezzled an estimated $5 million in 2016 alone, but the company does believe it can recover most of the money. So obviously NCI will be looking for a new accounting executive soon.

Up in Toronto, mutual fund Sentry Investments has replaced its CEO amid an investigation into sales practices there. Sean Driscoll departed as CEO on Jan. 16, replaced by Phil Yuzpe. The firm, which has $18 billion under management, has also hired an outside consultant to review its compliance practices.

Citi has hired Ruth Joseph as vice president of mortgage product compliance and governance. She comes to Citi from Ocwen Financial Group, where Joseph was a manager of compliance and governance for two years.

Klingenstein Fields Wealth Advisers, a firm with $3 billion under management, has promoted Maria Chambers to chief compliance officer. Chambers has been with KFWA since 2014 as deputy compliance officer.

In Houston, Bob Ward has begun work as trade compliance officer for Aramco Services Co. He will oversee ITAR and export control for the company, and technically is a “trade compliance empowered official”—nice touch. Ward comes to Aramco from Houston International Business Corp., where he was a compliance officer.

Oritani Bank, a community bank based in suburban New Jersey (but then, isn’t all of New Jersey suburban?) has promoted Jason Wallace to chief compliance officer. Wallace had been Oritani’s Bank Secrecy Act compliance officer.

And congratulations to Gabriela Fernandez Caldas, who just landed her first job as a compliance analyst for Santander in its Sao Paolo office. Welcome to the profession, it’s a great one.

Vendors & Service Providers

Why, yes, we do have an update on Andrew Ceresney, former enforcement director at the SEC. He’s headed back to his old law firm, Debevoise & Plimpton. Debevoise is also the old stomping grounds of Mary Jo White, who just stepped down as chairman of the SEC earlier this month. White has not announced any plans to return to Debevoise yet.

In customer wins, Oversight Systems and MasterCard teamed up to win a contract with the Government Services Administration to perform data analytics and fraud detection on employee payment cards.


Mary Owens just hit five years as compliance & ethics services manager at CarMax.

Gospel Okoro is celebrating five years as head of internal control and compliance at Emval Group, and 10 years at the firm overall. Emval provides oil services in Nigeria.

And Kim Brown is celebrating 10 years as senior director of ethics & compliance at Tenet Healthcare down in San Antonio.

Open Req Orders

Radical Compliance has heard through the grapevine that FIFA is hiring more staff. Edward Hanover took over as compliance chief there in October, so it’s no surprise that the organization may now want to build out the team. We will pass along more as we hear it.

We also hear that Davita is looking to hire a director of compliance to help with the company’s corporate integrity agreement. Candidates should have healthcare fraud experience (preventing it, I mean; not committing it) and knowledge of the Anti-Kickback Statute. Email me at [email protected] and I can pass along more information.

Also, a publicly traded manufacturer of fluidics systems in Chicago is looking for a compliance manager. Must have substantial investigation experience and be willing to travel. I don’t know the name of the company; an outside agency is doing the hiring. Again, email me and I can pass along the name of the recruiter.

I gather these bits of gossip from LinkedIn, news alerts, and friends emailing me something to include. If you have a tip or want to brag about your new job, promotion, career milestone, or whatever—just email me at [email protected] or find me on LinkedIn. I’m always happy to give credit to the many hard-working people here in our corner of the business universe.

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