Compliance Jobs Report: July 19

Compliance jobs

The Compliance Jobs Report this week has news from Facebook, Nissan, Truist, PIMCO, Salesforce, a bunch of insurance and fintech firms, and lots more! Our job leads are in software, higher education, and pharmaceutical services; and Meme of the Week goes out to AI governance! Always remember that we need your help to make the…

Read More

SEC Lawsuit Against SolarWinds Gutted

SolarWinds

A federal judge has dismissed a high-profile lawsuit that the Securities and Exchange Commission filed last year against software firm SolarWinds and its chief information security officer, finding that SEC rules requiring companies to have strong internal accounting controls cannot be interpreted to include cybersecurity measures.  The SEC filed its lawsuit against SolarWinds and the…

Read More

Brace for Change, Internal Audit

internal audit

The Institute of Internal Auditors is holding its annual global conference this week in Washington, D.C., which of course means publication of a long, ponderous study about the current and future state of the profession. This study’s findings, however, point to some deeper truths about the internal audit profession that merit attention. Let’s take a…

Read More

UnitedHealth’s Big Cyber Compliance Mess

unitedhealth

UnitedHealth filed its latest quarterly earnings report today, complete with an update on the staggering costs of a ransomware attack the healthcare giant suffered earlier this year — and if anyone needs a fresh example of how cyber attacks can tie your company into compliance knots, pull up a chair. The attack itself happened in…

Read More

Is Regulation By Enforcement Coming Next?

deregulation

Here’s a hypothetical: What if the Supreme Court’s recent curbs on regulatory power turn out to be a mess for Corporate America? What if those limits lead to more regulation by enforcement? What would the implications be for corporate compliance programs and legal teams?  Those questions are on my mind today thanks to an intriguing…

Read More

Compliance Jobs Report: July 12

compliance jobs

This week the Compliance Jobs Report has a shake-up in the compliance leadership at TD Bank, palace intrigue at Google, and new hires at Darden, Total Wine, and elsewhere. Our job leads are in video games, oil services, and junk food; and Meme of the Week goes out to internal audit teams. Always remember that…

Read More

Citi Gets $136M Butt-Kick

citigroup

The compliance drama-rama at Citigroup continues! Regulators just imposed another $136 million in new monetary penalties for the bank’s failure to complete compliance and risk management improvements required by a previous consent order from 2020, which had imposed a $400 million penalty of its own. So that’s more than half a billion dollars Citigroup is…

Read More

Fifth Third Bank Settles Bogus Accounts Mess

Fifth Third

Fifth Third Bank has agreed to pay a $20 million fine and to overhaul its employee performance management practices, to settle a long-running lawsuit that workers were opening fake accounts without customer permission to meet sales goals and that they were saddling auto-loan borrowers with insurance the borrowers didn’t need. The Consumer Financial Protection Bureau,…

Read More

Don’t Sweat Chevron’s End Either

So there I was, reading through the U.S. Supreme Court’s recent rulings, when the phone rang. On the other end was my friend the general counsel, who apparently had been doing the same. “Oh man,” he said, launching into a diatribe. “This ruling to overturn the Chevron doctrine is going to be a disaster for…

Read More

Compliance Jobs Report: July 5

compliance jobs

What better way to celebrate a long July 4th holiday weekend than by reading the Compliance Jobs Report? This week we have a new chief compliance officer at Citadel; an expanding compliance function at Amtrak; new hires at Staples, Jazz Pharmaceuticals, Marvell Technology; and much more. Job leads are in health insurance, medical tech, and…

Read More