Compliance Jobs Report: Feb 16

Lots of news in the Compliance Jobs Report this week! Barclays has had yet another compliance leader depart; Albemarle named a new CCO; and we have comings and goings at the SEC, Justice Department, and elsewhere. And some speculation about the Justice Department’s No. 3 defecting to Walmart, plus (as always) our compliance meme of the week!

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

In a startling turn of events, the U.S. Senate actually voted in favor of something this week: the nomination of John Demers, to be assistant attorney general for national security at the Justice Department. Demers had been assistant general counsel at Boeing and acting head of international government affairs. He also previously worked at the Justice Department during the Bush Administration.

And while we’re on the subject of assistant attorneys general — no, still no word on a confirmation vote for Brian Benczkowski to be AAG of the Criminal Division.

Flurry of news from the Securities and Exchange Commission: Alberto Arevalo is retiring as associate director of the Office of International Affairs after 14 years at the agency; and Karen Garnett, associate director of the Division of Corporation Finance, is departing after 23 years there. Garnett had overseen the SEC’s disclosure review program. The SEC also named Kyle Moffat chief accountant of the Division of Corporation Finance; Moffat had been acting chief since January, and prior to that worked with Garnett on the disclosure program.

Compliance jobsAndrew McBride joined chemical company Albemarle Corp. this week as chief compliance officer. McBride spent the previous two years on “green card sabbatical” in California, the lucky bastard; and prior to that was head of compliance for BHP.

In London, Francois Jourdain has stepped down as chief compliance officer for Barclays International, the investment wing of the bank. Barclays says Jourdain, who took the CCO job in 2015, remains on staff. A replacement for him has not been named. Barclays has also recently seen the departure of Jonathan Cox, head of whistleblowing; Mike Roemer, group head of compliance; and Dirk Young, who headed compliance with the U.K. Senior Managers Regime.

Brian Madonia is the new head of internal audit for Green Sky, a financial services firm in Atlanta. Madonia had previously been chief audit executive for YP, a privately held advertising firm also in Atlanta.

Energy company Total just tapped Ashley Coselli to be senior compliance counsel in Houston. Coselli comes to Total from BHP, where she spent the last year as an anti-corruption and trade compliance lawyer.

We’d be remiss as a gossip column if we didn’t include a bit of speculation about Rachel Brand, who is leaving her job as associate attorney general at the Justice Department to take the top legal job at Walmart. First, a new legal boss suggests that Walmart is poised to end its long-running FCPA investigation sometime soon. (Walmart will file its 2017 annual report in about six weeks; look for closure by then. It has already reported $283 million as a contingency for settlement.)

And if that probe finally ends, and a new top lawyer arrives, then I wonder about the future of Jay Jorgensen, Walmart’s chief ethics and compliance officer since 2012. Jorgensen has done a great job building compliance there, and is a great person, so I fully believe he’ll have whatever job he wants.


Matthew Sutkus is celebrating one year as risk and compliance manager at Snap.

Ghazanfer Saleem just hit five years as head of internal audit for electronics manufacturer Robert Bosch in its Middle East operations. Saleem is based in the UAE.

And in Cleveland, Kevin Ryan is celebrating — get this — 35 years at Key Bank, in various audit jobs. He has been chief audit executive and risk review officer since 2007.

Vendors & Service Providers

The Justice Department has named Bart Schwartz compliance monitor for Hoegh Autoliners, a shipping company in Norway, which pleaded to price-fixing charges in U.S. court in December. Schwartz is chairman of Guidepost Solutions, and previously worked as compliance monitor for General Motors.

Gerald Hodgkins, last seen six weeks ago departing the SEC after 20 years working in the Enforcement Division, just turned up at law firm Covington and Burling in its Washington offices. Covington is one of those powerhouse law firms in Washington, whose ranks also include former attorney general Eric Holder.

Open Req Orders

The European Investment Bank is hiring a senior internal controls officer for a four-year contract. Job is in Luxembourg. is looking for a vice president of ethics and compliance. Job is in Connecticut.

Cherokee Nation Businesses is seeking an ethics and compliance program manager. Job is in Oklahoma.

Compliance Meme of the Week


That’s all for the week ending Feb. 16. Have a great weekend, and if you have a tip or want to brag about your new job, promotion, career milestone, or anything else, 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.