Compliance Jobs Report: Feb. 2

The Compliance Jobs Report starts this week with news from COSO (a new chairman) and Twitter (its chief audit executive just flew the coop). We also have a new compliance officer at HSBC, regional compliance officers announced around the world, two compliance officer jobs opening up, and a rather awkwardly named new GRC product hitting the market. 

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. Read on…

Compliance Jobs News

First, as we noted yesterday, COSO has named Paul Sobel its new chairman. Sobel is the chief audit executive at Georgia-Pacific. He replaces Robert Hirth, senior managing director at Protiviti, who had been chair since 2013.

Other big news in the audit world: Laurie Hanover has left her job as head of internal audit at Twitter to become head of audit at Sunrun (the solar panel installation business). Once upon a time Hanover was also head of audit at Zynga. She’s one of the sharpest audit minds hanging around San Francisco.

At the Securities and Exchange Commission, Michael Maloney is leaving his job as chief accountant in the Division of Enforcement. Maloney has held that job at the SEC since 2014. No word yet on his next move, but before joining the agency Maloney was a managing director at Navigant Consulting.

Speaking of regulators, Robert Brown was sworn in this week as a board member of the Public Company Accounting Oversight Board. He joins chairman William Duhnke and fellow board member Kathleen Hamm, who were already sworn last month; nominees James Kaiser and Duane DesParte will join the board later this month. Brown replaces Jeanette Franzel, whose last day on the job was Feb. 1.

jobsHennessy Advisors, an investment fund based in Novato, Calif., has named Brian Carlson chief compliance officer. Carlson has been with the firm since 2013 as its head of distribution. Hennessy also promoted Kathryn Fahey, controller and director of finance, to CFO.  

HSBC, which always seems to have the word “embattled” near its name, has named Nicholas Sahadi chief compliance officer for the Americas division of its global banking and markets business. Sahadi comes to HSBC from Cantor Fitzgerald, where he had been compliance officer for three years.

In Boston, the real estate investment firm Berkshire Group has named Jeff Morandi deputy chief compliance officer. Morandi comes to Berkshire from Arrowstreet Capital, where he had been an compliance associate for four years. He reports to Mary Beth Bloom, chief compliance officer and general counsel at the firm.

Barclays has promoted Simone Pieri to country compliance manager for Italy. Pieri has been with Barclays since 2013 in a variety of regulatory compliance roles, and is based in Milan.

In the United Arab Emirates, Nazar Taib Ibrahim senior legal and compliance manager for Novo Nordisk in the “AAMEO region” (Africa, Asia, Middle East, Oceania). Ibrahim previously spent two years with Takeda Pharmaceuticals as associate director of ethics & compliance for its NEMEA region (Near East, Middle East, Africa). Radical Compliance will publish a region decoder key later this quarter.

AbbVie has promoted Claudia Hernandez Loustalot to Latin America director of ethics and compliance, based in Mexico City. Loustalot has been with AbbVie since 2015.

Fiserv has promoted Aly Farooqui to senior vice president of corporate audit services. Farooqui has been with the tech services provider since 2005 in numerous IT audit roles. Most recently he was vice president for IT and regulatory issues, where he managed cybersecurity audits.

Sterling Bank in Nigeria has named Dayo Orimoloye chief risk officer. Prior to joining the bank, Orimoloye was the group chief risk officer of Ecobank Transnational, where he rolled out the firm’s enterprise risk management framework.

Donata Raudonyte has been named regulatory compliance manager of WEX, a maker of software for corporate payments. Raudonyte comes to WEX from Lebara Money Ltd., where she was manager of the compliance operations team for not quite two years. She’s based in London.

S&T Bank, a community bank in Indiana, Pennsylvania (no, really, that’s the name of the town) has promoted Jeffrey Sottile to deputy chief audit executive. Sottile had been senior audit manager at the bank.


Agnieszka Galas is celebrating five years with BNY Mellon; she is a senior compliance manager for the bank’s offices in Poland.

Congratulations to the Institute of Management Accountants, which hit the milestone of 100,000 members this week. The IMA will celebrate its 100th anniversary in June.

The Ethics & Compliance Initiative is accepting nomination for its 2018 Carol Marshall Awards, celebrating innovators in corporate ethics. Deadline to submit names is Feb. 16. Winners will be honored at ECI’s 2018 annual conference in May, where I hope to sneak in on a press pass and score free drinks.

And another shameless plug for Radical Compliance’s own Boston Compliance Meetup on Feb. 6, in Waltham, Mass. All are welcome, admission is free, but please register on EventBrite so we can warn the bartender on crowd size.

Vendors & Service Providers

Software vendors Lightbend (developer of financial applications) and Gluetech (seller of data governance applications) have announced a new joint product Dataprobe, which sounds a bit invasive to my tastes but apparently governs streaming media.

PwC just picked up David Vincent as a managing director of governance, risk, and compliance. Vincent comes to PwC from Sicuro Advisers, where he was chief data scientist and GRC practice leader; before that he dabbled in GRC for IBM for eight years.

Open Req Orders

NBCUniversal is looking for a deputy chief compliance officer, to work out of New York.

Not a lot of detail on this yet, but earlier this week Illinois Gov. Bruce Rauner announced that he is creating a chief compliance officer role to oversee and investigate allegations of sexual harassment in state government. Rauner said Wednesday he was signing an executive order to that effect, but no EO had been published as of last night.

Compliance Meme of the Week

Seem familiar?

That’s all for the week ending Feb. 2.

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.

Leave a Comment

You must be logged in to post a comment.