Compliance Jobs Report: Mar. 20

We do indeed have a Compliance Jobs Report this week, despite all the world’s turbulence. A few new hires at troubled firms, a bunch of promotions, some vendors acquiring partners or launching new products, and several interesting new job openings. Also, for the first time — we’re skipping the Compliance Meme of the Week today, for a special address to Radical Compliance readers. 

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

We always like to start the Jobs Report with firms in trouble, so this week we begin with Swedbank. The troubled Swedish bank, under investigation by U.S. and European authorities for money-laundering failures, has named Rolf Marquardt chief risk officer. Marquardt comes to Swedbank from Handelsbanken, where he was CFO (and had been chief risk officer before that).

Here in the United States, energy company Exelon, under investigation by federal regulators, has named David Glockner executive vice president of audit and compliance. Glockner comes to Exelon from financial firm Citadel, where he had been chief compliance officer. He also previously headed the SEC’s Chicago office and was a top federal prosecutor in Chicago. So for a Chicago company under investigation by the SEC and the feds, he seems well-suited. 

First Financial Equity Corp., a broker-dealer firm in Bradenton, Fla., has named Kenneth Madsen chief compliance officer. Madsen had been doing some outsourced securities compliance work as a solo practice for a while, and previously worked at Simply Money Advisers in Ohio. 

Heitman, a global real estate investment firm, has promoted Carl Halvorson to be vice president of internal audit. Halvorson has been with the firm moving up the internal audit chain of command since 2016, based in Chicago.

Yelena Kobzar has been promoted at UBS, from working on U.S. anti-money laundering investigations to running financial crimes compliance testing. She’s been at UBS since 2016, and was at J.P. Morgan before that. 

Jamie Ontiveros has been promoted at Comcast, from business assurance manager to senior manager of business assurance. Based in Denver, Ontiveros has been at Comcast since 2016.

We didn’t notice this until just now, but Richard Breunig took a job at the start of this year as head of integrity for ABB Power Grids in New York. Breunig had been doing his own thing as a solo compliance attorney for 18 months, and prior to that spent many years at General Electric holding various compliance roles across the enterprise.

Pinnacle Financial Partners, a regional bank in Tennessee, has promoted Dana Sanders to be chief audit executive. She succeeds Kevin McDermott, who came out of retirement last year to build PFP’s audit team and now sails back into it. Sanders had been PFP’s principal accounting officer and head of financial reporting. 

Everest Re, a reinsurance firm headquartered in Bermuda, has promoted Don Mango to chief risk officer and chief actuary. In a bit of org chart jujitsu, Everest’s previous chief risk officer, Tom Passante, will now report to Mango; but will “remain a key senior leader” in the firm’s risk management function. 

And one announcement from regulator world: FINRA, the overseer of broker-dealer firms, has named Greg Ruppert executive vice president of financial crimes programs. Ruppert fills a new role created after Cameron Funkhouser retired at the end of 2019 as head of FINRA’s Office of Fraud Detection and Market Intelligence. So fraud surveillance, whistleblower tips, cybersecurity, AML — all under his purview. 


Angelika Flamm, group compliance director for the Royal Mail in Britain, has been named a compliance fellow at the International Compliance Association

Vendors & Service Providers

Riskonnect, a vendor of integrated risk management solutions, has acquired Xactium, a British GRC software provider that “revolutionizes the way enterprises evaluate and manage enterprise risk and compliance.” But then again, don’t all vendors say this? Purchase price undisclosed. 

AuditBoard, maker of audit management software, has rolled out a new RiskOversight product as the firm expands into integrated risk management products. 

Marsha Ershaghi Hames has left LRN after nearly 20 years at the firm, joining Tapestry Networks as a partner. Based in Washington, D.C.

Open Req Orders

Cognizant Technologies is looking for an anti-corruption and trade controls counsel. Job is based “remote,” which I suppose is a sign of the times. Unclear whether the job would remain so once the coronavirus crisis is over. 

Howard University is looking for a chief compliance officer. Job is based in Washington, D.C.

Emergent Biosolutions is seeking a senior director for commercial healthcare compliance. Job is based in Gaithersburg, Md.

An Announcement From Radical Compliance

That’s all for this week. 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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