Compliance Jobs Report: Dec. 21

The Compliance Jobs Report this week has personnel moves at AIG, Deutsche Bank, Schlumberger, and several other companies. The SEC is losing a great mid-level official, EFG Bank lost its head of investigations, and a fintech firm under scrutiny is (shocker) looking for regulatory counsel. Our Meme of the Week goes out to all you FCPA enthusiasts.

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

tZero, one of those kooky blockchain startups that also is a subsidiary of, has hired Alan Konevsky as chief legal officer. He comes to tZero from Mastercard, where he was one of the senior regulatory compliance lawyers.

Mark Happe has joined AIG in Houston as chief compliance officer for group retirement. Happe previously was an independent compliance consultant in New York. Happe says AIG also has a few job openings there; see the Open Req Orders section below for details.

MTN Group, a telecom company based in South Africa, has named Motselisi Molapo head group internal audit and forensics; she previously was chief audit executive for financial services firm Liberty Holdings.

Compliance jobsNiklaus Hasler is now a partner and chief risk officer for the newly formed MBaer Merchant Bank in Zurich. Hasler previously was CEO of real estate management firm Madala AG, also in Zurich.

Saudi Arabia’s Economic Cities Authority has hired Farhan Al-Jabir Al-Boainain as director of internal audit. He previously was chief auditor and corporate compliance officer for Saudi International Petrochemical Co.

Deutsche Bank has hired Yewande Ososanya as global anti-bribery and corruption adviser. Based in London, Ososanya comes to Deutsche Bank from HSBC, where she was anti-bribery and corruption assurance manager.

After 10 years with oilfield services firm Schlumberger, Tarek Massoud has taken the newly created job of chief compliance officer for oil and gas services firm Petrofac. Massoud will be based in the United Arab Emirates.

News from the regulators…

The Securities and Exchange Commission has promoted Daniel Kahl to deputy director of the Office of Compliance Inspections and Examinations. Kahl has been OCIE’s chief counsel since 2016, and will continue in that role as well. Kahl has been with the SEC 17 years.

And Scott Bauguess is stepping down as deputy director of the SEC’s Division of Economic and Risk Analysis. Bauguess had been with the SEC for 10 years, and was a behind-the-scenes player in all sorts of regulatory issues. Bauguess is also believed to be the wit behind DERA’s Twitter feed, widely considered the funniest thing going on at the SEC. OK, that’s a low bar to pass, but still — we hope DERA’s feed keeps it up without him.

In Winnipeg, which is in Manitoba, which is in Canada, David Cheop has been appointed chair and CEO of the Manitoba Securities Commission. Cheop previously worked for IG Investment Management as vice president and chief compliance officer.


No milestones this week! Let’s hope a bunch of you hit work anniversaries come the new year.

Vendors and Service Providers

Shrey Burman has left his job as manager of IT assurance for mobile handset company Lava International in India, to become a manager with KPMG in London.

Tomislav Joksimovic, previously head of investigations for EFG Bank in Switzerland, has returned to law firm world. He’s now a partner at Quinn Emanuel in the firm’s Washington offices, focusing on (naturally) corporate investigations.

As we noted earlier this week, LRN just received a “significant investment” from private equity firm Leeds Equity Partners. Let’s see what LRN does with that money in 2019.

Open Req Orders

OK, as promised earlier: AIG has openings in its Houston office for a chief compliance officer and senior compliance officers in various units

Gee, what a surprise: Robinhood, a fintech startup that almost immediately ran into regulatory trouble for trying to sell banking services when it’s not actually a bank, is now recruiting someone to be regulatory counsel. Job is based in Silicon Valley. Also hiring an AML associate in Florida.

Cardinal Innovations Healthcare is hiring a chief ethics and compliance officer. Job is based in Charlotte, N.C.

Meme of the Week

That’s all for the week ending Dec. 21. This is the last Jobs Report of 2018, so enjoy the holiday break, have a happy New Year, and look for us again on Jan. 4, 2019.

As always — 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.

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