Compliance Jobs Report: July 21

Topping this week’s Compliance Jobs Report: the University of California has a new chief compliance officer, plucked from the LAPD; the head of financial crimes compliance at Deutsche Bank is leaving; and a new SEC commissioner may be nominated soon. We also have plenty of news in the GRC vendor world, and a few work anniversaries to celebrate.

I gather these bits of information 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 report depends on people like you helping me, so send some news!

Compliance Jobs News

The University of California has named Alexander Bustamante chief compliance and audit officer. Bustamante comes to the UC system from the Los Angeles Police Department, where he was inspector general. Bustamante replaces Sheryl Vacca, who left the university last year (and who needs to update her LinkedIn page).

The Securities & Exchange Commission says Christopher Hetner will stick around as new chairman Jay Clayton’s senior adviser on cybersecurity. Hetner has been at the SEC since 2015 as lead in the technology control program at the Office of Compliance Inspections and Examinations, and served as former chairman Mary Jo White’s senior adviser on cybersecurity as well.

Speaking of the SEC, the President Trump has nominated Hester Peirce to fill one of two vacant commissioner slots. Peirce, a Republican who was an SEC staffer in the 2000s and then went to the Senate Banking Committee for a few years, was also nominated by the Obama Administration in 2015 but the Senate failed to act on the nomination.

Compliance JobsTypically when the SEC has two vacancies, the president sends a pair of nominations, one from each party. Trump has not nominated anyone for the last Democratic seat, so Peirce’s nomination may stay on ice until that happens. (Prediction: Trump will try an end-run around appointing a Democrat, by nominating an independent instead.)

Wendy Riggs, head of e-discovery and litigation operations at Twitter, has left the company after four years to join the law firm Keesal, Young & Logan. She heads up the compliance practice there.

Opus Bank, a bank in Irvine, Calif. with $8 billion in assets, has named Joseph Simpson as chief audit executive. Simpson comes to Opus from HealthNow New York, where he was director of enterprise risk management. Earlier in his career he was CAE at First Niagara Bank. Amen to better winters in southern California.

Edward Maguire, head of know-your-customer and anti-financial crime compliance at Deutsche Bank, is leaving that job at the end of this month. Maguire has been global head of the KYC program for 18 months; prior to that he was head of AML and KYC programs for Deutsche Bank in Europe since 2012.

And the IFRS Foundation, the body that sets International Financial Reporting Standards, has hired Nili Shah as executive technical director. Shah was last seen at the Securities & Exchange Commission here in the United States, where she has been deputy chief accountant in the SEC’s Division of Corporation Finance. Shah will start work with the IFRS Foundation in October.

Vendors & Service Providers

PwC has named Dyan Decker its new U.S. forensics practice leader. Decker has been with PwC since 2002.

James Loonam, a Justice Department prosecutor who worked on the FCPA cases against Och-Ziff and JP Morgan, has left the department and joined law firm Jones Day in the firm’s New York office. Jones Day, incidentally, is one of Donald Trump’s go-to law firms.

Customer win! The German chemical company BASF has selected Icertis, a maker of enterprise risk management software, to help BASF overhaul its contract management processes.

Accounting firm Marks Paneth has named Salvatore Collemi partner in charge of its professional standards group. Collemi works out of MP’s New York office.

Assent Compliance, a software firm based in Ottawa that helps companies with conflict minerals compliance and other supply-chain management issues, just raised $31.4 million in venture capital. This is the company’s second round of funding. Assent says it will use the money to expand its headcount from 225 people today by another 100 in the next 12 to 18 months.


Noreen Fierro is celebrating one year as corporate chief compliance officer at Guardian Life in New York.

Down in Sao Paolo, Roberto Barbosa just hit one year as head of compliance at Banco Caixa Geral Brasil.

Al Silipigni is celebrating five years at HSBC. He is currently U.S. head of conduct risk, and previously was the bank’s chief privacy officer.

At the Department of Homeland Security, Jonathan Cantor is celebrating five years as deputy chief privacy officer. Cantor is currently pulling double duty as acting chief privacy officer.

Open Req Orders

Rutgers University is hiring associate vice president and deputy chief enterprise risk management, ethics, and compliance officer. The downside: you gotta work in New Jersey.

SNC-Lavalin is hiring a sector compliance officer for its Power division. That person would report to the chief compliance officer. Looks like the job is in Montreal.

If you have a tip or want to brag about your new job, promotion, career milestone, or anything else, 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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