Compliance Jobs Report: May 10

The Compliance Jobs Report this week has personnel hires at two scandal-ridden banks, plus lots more moves at Trinseo, Walmart, Panasonic, Timken, Jetex, and many more. We have a dream job for an auditor who wants to get away from it all, and our Meme of the Week goes out to all you Drake fans.

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, the Justice Department is one step closer to having a new deputy attorney general. The Senate Judiciary Committee blessed Jeffrey Rosen’s nomination on Thursday, and confirmation by the full Senate seems imminent. Rosen, currently deputy secretary of transportation, would replace Rod Rosenstein, who is stepping down this weekend after two years on the job.


Danske Bank, mired in the biggest money-laundering scandal in history, has named Satnam Lehal to head its financial crimes unit. Lehal, 41, will join the bank in July. He comes to Danske Bank from Morgan Stanley, where he has worked since 2009, most recently as managing director responsible for financial crime across EMEA and Asia. Lehal will report to Philippe Vollot, who joined Danske Bank last July as chief compliance officer.

Louis Sapirman just turned up at Panasonic North America as chief compliance officer; he started there on May 6, and still needs to update his LinkedIn profile. Sapirman was previously at Dun & Bradstreet as chief compliance officer from 2011 to 2018. Fun fact: Sapirman also took a tour on stage last fall with the Somerset Valley Players in New Jersey!

Some of you might remember Kelly Barrett, head of internal audit and compliance for Home Depot from 2005 to 2016, before moving into operations roles and then retiring last year. Barrett just joined the board of directors for Aaron’s, the rent-to-own retail chain. Barrett will serve on the audit committee.

Now some personnel news from around the world…

In the United Arab Emirates, Jetex has re-assigned Sofia El-Mansouri to be director of business conduct compliance. El-Mansouri was group legal and compliance manager for the previous 12 months.

In Brazil, Laiz Gerarduzzi has joined Lecca, a financial services firm, as compliance analyst. She previously worked at Grupo Yamaha Brasil as a risk and compliance analyst.

Also in Brazil, Leonardo Potengy has been named risk and internal control manager at Unimed Rio Preto, a healthcare firm. Potengy comes to Unimed after two years at EcoRodovias, a logistics firm that manages roadside concessions stores, where he was risk and internal control coordinator. And before that he ran his own bakery, which is totally awesome.

Kongsberg, an industrial engineering firm in Norway, has promoted Lene Svenne from corporate compliance officer to vice president for sustainability and governance Svenne has been with Kongsberg since 2010.

In Geneva (that’s in Switzerland), Bruno Falcone has been named head of compliance for Advanced Accelerator Applications, a subsidiary of Novartis. Falcone comes to Novartis after six years at Takeda, where most recently he was the ethics & compliance lead for medical affairs and research & development.

OK, back to the United States…

Walmart has named Sara Mortimore vice president for global food safety and compliance. She comes to Walmart from Land O’Lakes, where she had been head of product safety, quality, and regulatory affairs since 2008. Mortimore succeeds Frank Yiannas, who left Walmart for a job in November for a job the Food & Drug Administration. She will report to Daniel Trujillo, Walmart’s global compliance chief.

Wells Fargo, poster boy for struggles to overcome poor corporate culture, has created a new role to help manage corporate compliance. Derek Flowers, who has had various leadership roles at Wells for years, and is currently chief credit and market risk officer, will become head of strategic execution and operations. Whatever the title, Flowers is really there to help acting chief executive Allan Parker implement the many, many regulatory compliance reforms Wells has promised to make since its fake-account scandal of 2016 left the bank’s reputation in tatters with Congress and the public.

Trinseo, a plastics manufacturer based in Berwyn, Penn., announced a few personnel moves. Ryan Leib has been promoted from corporate controller to treasurer. Bernard Skeete will take Leib’s old job as controller, after nearly three years as Trinseo’s chief audit executive. Lori Wilcox, the company’s assistant global controller since September 2017, will succeed Skeete as chief audit executive.

Timken Co., an industrial manufacturer based in Ohio, has named Angel Olivas manager of global ethics and compliance. Olivas previously worked at Las Vegas Sands Corp., where he was executive director of global compliance investigations.

Dope move: Ryan Kocot, a lawyer in Sacramento who has worked for several years litigating criminal charges related to marijuana, has joined Cannus Partners as chief compliance officer. Cannus operates a weed business known as Ikänik Farms.

Vendors and Service Providers

Customer win: investment banking firm Jefferies Group will use Behavox analytics software to help the bank manage its compliance obligations around insider trading, collusion, and similar misconduct.

Open Req Orders

Looking to get away from it all? The Government of St. Helena — “a sub-tropical island of spectacular and beautiful landscapes in the South Atlantic with a warm and friendly population” — is looking for a head of audit services. Salary is £65,000 to £72,000. Fun fact: this is where the French exiled Napoleon after he lost the battle of Waterloo. Job sounds like the setup for some weird mystery series on Netflix.

Olympus is looking for a compliance business partner manager. Job is in suburban Boston, which is way less tropical than St. Helena but is home to Radical Compliance.

University of Washington is recruiting an executive compliance and risk officer. Job is in Seattle.

Meme of the Week

That’s all for the week ending May 10. Happy Mother’s Day to all the compliance moms out there.

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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