Compliance Jobs Report: July 30

No summer doldrums for the Compliance Jobs Report this week. We have new hires at Credit Suisse, FirstEnergy, Schneider Electric, among others; promotions at Freddie Mac and Allianz; and a telling personnel move at a key banking regulator. Job leads this week in healthcare, pharma, and banking; and our Meme of the Week goes out to Covid-19.

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

Another week, another morsel of news about Credit Suisse trying to rebuild its battered risk and compliance functions. Apparently the bank has tapped David Wildermuth as its new chief risk officer, although he won’t start in that role until next February. Wildermuth joins Credit Suisse after 24 years at Goldman Sachs, where he has been deputy chief risk officer since 2015. Wildermuth will step into half of the role previously occupied by Lara Warner, Credit Suisse’s chief risk and compliance officer until she was ousted earlier this spring. The bank subsequently split the risk and compliance roles, and is still looking for a permanent new CCO. 

Vincent Serpico, one of the key compliance people at Bank of America in recent years even though he was a member of the legal department, has joined Wells Fargo as assistant general counsel in charge of enterprise privacy and information security issues. At BofA, Serpico first developed the bank’s enterprise financial crimes legal team in the first half of the 2010s, and then spent the last five years there as chief privacy counsel.

FirstEnergy Corp. has hired Soubhagya Parij as chief risk officer, the utility’s latest personnel move to bolster its risk and compliance capabilities after a $230 million bribery settlement announced last week. Parij previously worked as senior vice president and chief risk officer at the New York Power Authority, from 2015 until earlier this year. 

Krystyn Mansfield has accepted a job as North America compliance officer for Schneider Electric; she starts Aug. 16. Mansfield comes to Schneider after 11 years at Bose Corp., where she most recently was senior manager for corporate compliance, business ethics, and sustainability. One assumes she has awesome stereo speakers in her house.

Mortgage finance giant Freddie Mac says Jerry Mauricio will now be its permanent chief compliance officer, after holding that role on an interim basis since January. Mauricio has held a few roles at Freddie Mac since he joined the company at the start of 2019; prior to that he was a senior compliance executive at Capital One

Promoted: Melissa Saffelo-Boily, at Allianz Life, from audit principal to audit program manager. Saffelo-Boily has been with Allianz for four months, based in Minneapolis.

Snap Finance, a fintech firm in Utah not related to Snap the social media network that lets you send nude selfies on the sly, has hired Doris Hektor as chief compliance officer. Hektor comes to the firm after seven years as chief compliance officer at Encore Capital Group. (Which, incidentally, just hired Steve Carmichael as her successor.)

Christyl Murray has joined Morgan Stanley as executive director and diversity inclusion officer for corporate and institutional solutions. (This means a big part of her job is recruiting diversity candidates for Morgan Stanley roles, by the way.) Murray previously worked at JP Morgan for five years as vice president for diversity strategy.

Clincierge, a Philadelphia firm that manages patient support services and logistics for clinical trials, has named Joy Arnold chief compliance officer. Arnold joins Clincierge from management consulting firm T. Global Partners, where she was responsible for global compliance, contracting, and sourcing.

Michelle Lejcher has joined MidCountry Bank, a community bank based in Bloomington, Minn., as chief risk officer. Lejcher comes to MidCountry after three years at Old National Bank in Minnesota, where she ran enterprise risk management. 

And one notable personnel item from the regulatory world: the Office of the Comptroller of the Currency has named Darrin Benhart its first-ever “climate change risk officer.” This is an internal move; Benhart has been with the OCC in various bank supervision roles for 12 years — but if you needed yet another sign that the Biden Administration is moving ahead with plans to address climate change, this is your sign for today.


Kristel Imeraj is celebrating one year at Koch Industries as audit manager. 

Vendors and Service Providers

O, Canadians — remember Laura Houlihan, who had been chief compliance officer at Digital Commerce Bank in Calgary until last summer? She just turned up at Protiviti as associate director of risk and compliance. Also relocated to Toronto, apparently.

And Cipperman Compliance Services just scooped up two compliance officers to join the firm. Frank Ingraham comes aboard as compliance director after two years at Prudential Financial, where he had been chief compliance officer for the Pruco Securities division. Erik Morris also joins Cipperman as a director after five years at Asset Planning Services, where most recently he had been chief operating and compliance officer. 

Open Req Orders

Horizon Therapeutics is looking for a head of international compliance. Job is based in Deerfield, Ill. 

Morgan Stanley is seeking an executive director for risk management to work on operational risks and controls. Job is based in New York.

Entry-level: Ivy Rehab is looking for a compliance specialist. Job can be based in one of several locations, or remote.

Compliance Meme of the Week

For Pete’s sake, people, get vaccinated.

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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