Compliance Jobs Report: Feb. 19

The Compliance Jobs Report this week has new hires at Peloton, Coinbase and a few other cryptocurrency players, Arcutis, and more. We also have promotions at DraftKings, TJX Cos., and RPM International. Job leads this week are in Cleveland, Boston, and Helsinki; and our Meme of the Week goes out to IT risk managers.

As always, thank you to all the compliance people sending me tips and links to keep this report going. We need your help to make the Report work, so send me some news! If you have a tip to pass along, email me at [email protected] or find me on LinkedIn.

Compliance Jobs News

We begin this week with DraftKings, an online sports betting outfit based here in Boston. The firm just promoted Jennifer Aguiar to chief compliance officer, after three years there as vice president of compliance and risk. She succeeds Tim Dent, who had been CCO at DraftKings since 2013. Dent will now be senior vice president for regulatory operations, before shifting into a consultant role later this year. Aguiar, meanwhile, will report directly to CEO Jason Robins.

Morgan Advanced Materials has named Margarita Malhorta global ethics and compliance director. Malhorta comes to the firm from Lupin Pharmaceuticals, where she had been director of compliance since 2018. 

Peloton Interactive, maker of Internet-connected exercise equipment and that wacky Christmas commercial from a while back, has hired Lance Lanciault as senior vice president of risk and compliance. Peloton scooped Lanciault from Walmart’s e-commerce division, where he had been chief ethics and compliance officer for the Walmart e-Commerce Center of Excellence. 

compliance jobsPromoted: Matthew Garvey, at retailer TJX Cos., from assistant vice president of compliance and privacy to vice president for risk and compliance. Garvey has been with TJX since 2010, and says the company has a few compliance jobs currently open. (More on that at the bottom of this week’s report.)

Cotiviti, a healthcare analytics business headquartered in Atlanta, has hired Divya Marda as compliance manager, working in the firm’s India offices. Marda comes to Cotiviti from Cook Medical, where she had been an ethics and compliance specialist since 2018.

Also in Atlanta, Lynn Cherry has joined Greenwood, a mobile banking platform targeting black and Latino customers; she’s chief compliance and risk officer. Cherry previously spent nearly 10 years as chief compliance officer at fintech firm Brightwell.

Robert Diamond has left his job as audit manager at Oil-Dri Corp. to join TTX Co., a provider of railcars and freight management tools. Diamond only describes his role at TTX as “senior manager” but we’ll assume that means manager of audit or compliance work, because who would ever give up this line of work? 

Invoice2Go, a cloud-based provider of accounting software for small businesses, just hired Briana Neal as risk operations manager. Neal was previously a fraud analyst at Robinhood for a few months (yes, that Robinhood), and before that pulled a stint at Wallace Finance as director of internal audit and compliance. 

In Cleveland, industrial coatings maker RPM International has shifted Brian Frasier from director of global compliance to director of compliance audit. Frasier has been with RPM for two years.

Cryptocurrency exchange Coinbase has hired Melissa Strait to be chief compliance officer as the company prepares to go public. Strait had been head of financial crimes compliance at online payments firm Stripe for a few years, and worked at rival online payments firm Square before that. 

Also in the crypto world: Grayscale Investments, which manages some $37 billion cryptocurrency assets, has hired Benjamin Melnicki as chief compliance officer. Melnicki comes to Grayscale from cryptocurrency payments processor Ripple, where he had been head of regulatory affairs for the Americas region. 

BestEx Research Group, a firm that sells algorithms for high-speed trading, has named Richard Chase chief compliance officer of its BestEx Research Securities subsidiary. Chase was previously general counsel at RBC Capital Markets, and prior to that held legal and compliance roles at Wessels Arnold & Henderson, U.S. Bancorp Piper Jaffray, and Lehman Brothers.

Debt collections platform Spring Oaks Capital has named Le’nore Caldwell manager of audit. Caldwell comes to the South Carolina firm after eight years at InvestiNet, where most recently she was senior manager for vendor oversight. 

And Arcutis Biotherapeutics, which develops treatments for immune disorders, has named Courtney Barton chief compliance officer and chief of staff. Barton previously worked at Cipla, another pharmaceutical firm, where she had been chief compliance officer since the end of 2019. She’ll also serve as Arcutis’ chief privacy officer. 

Vendors & Service Providers

Laura Houlihan has left her job as chief compliance and anti-money laundering officer at DC Bank to join AML RightSource, where she’s associate director of the firm’s financial crimes advisory practice. 

Open Req Orders

Remember FirstEnergy Corp., the electric utility in Ohio caught in a domestic bribery case last year that led to charges filed against the House Speaker in that state? Well, FirstEnergy just announced it’s looking to hire a chief ethics and compliance officer. I can’t find an online posting for the job yet, but keep your eyes peeled.

Finnish retailer Lidl Suomi is looking for a head of legal and compliance. Job is based in Helsinki. Which is in Finland. 

And those jobs at TJX Cos. The company is looking for an assistant vice president of product safety compliance, a regulatory compliance manager, and a senior manager of data and systems. All jobs are based in suburban Boston.

Compliance Meme of the Week

That’s all for this week’s report.

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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