The Compliance Jobs Report this week delivers big news from FedEx, plus other personnel gossip at Heico Cos., Petrofac, Walmart, ONO Pharma, and lots more. We also note the passing of an antitrust compliance thinker; have job leads in biotech, auto manufacturing, and food service; and our Meme of the Week. Always remember that we…
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We can never get enough help assessing the risks of artificial intelligence these days, so today let’s call out a new effort from the National Institute of Standards and Technology that internal auditors, IT auditors, and cybersecurity risk professionals might find useful. NIST launched a pilot program last week called ARIA (Assessing the Risks and…
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Last week I had the chance to moderate a webinar on an issue eternally flummoxing to compliance officers: building effective systems of internal control. We had great speakers who gave great advice, so as usual I took lots of notes to pass along to the rest of you here. Let’s first appreciate why internal controls…
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Mobile phone giant Ericsson has wrapped up work with its independent compliance monitor, formally concluding one of the biggest and longest FCPA enforcement actions ever. Ericsson announced the end of the monitorship Monday morning. That monitor, Andreas Pohlmann, was originally appointed in 2020 several months after Ericsson settled its FCPA violations in December 2019. The…
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Another big Compliance Jobs Report this week! We have a departure at Volkswagen; new hires at CVSHealth, Hertz, Becton Dickinson, Children’s Place; a bunch of promotions; and lots more news. Job leads are in consumer healthcare, pharmaceuticals, and higher education; and Meme of the Week goes out to sustainability officers! Always remember that we need…
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Cooperation with regulators is a primary message from the regulatory enforcement world these days. So let’s see what a senior SEC official had to say on the subject lately and what compliance professionals can do to anticipate those cooperation needs. The official in question is Gurbir Grewal, head of the Enforcement Division at the Securities…
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We have yet another thread to pull from the Federal Deposit Insurance Corp., and the corporate culture debacle there that led FDIC chairman Martin Gruenberg to announce his resignation last week. Specifically, what shortcomings in Gruenberg’s leadership style may have contributed to the FDIC’s culture going so far astray? As we’ve explored in previous posts,…
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Today we have another Radical Compliance podcast, trying to unpack a question near to the hearts of compliance professionals everywhere: Do deferred-prosecution agreements really work to improve corporate behavior? This issue has been on my mind lately because federal prosecutors recently accused Boeing of breaching the DPA it struck in 2021 to settle criminal charges…
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This week Citigroup agreed to pay $78 million to settle charges that its internal controls failed to catch a so-called “fat finger error” in 2022, when a Citigroup trader placed a gigantic sell order by mistake and sent European stock markets plunging. Compliance officers should pull up a chair; we have several lessons to learn…
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This week the Compliance Jobs Report has a changing of the compliance guard at Wells Fargo, a new head of compliance at the NRA, and other new hires at Syneos Health, FARO Technologies, Invesco, and more. We also have a slew of promotions to note, and job leads in manufacturing, cars, and consulting. Always remember…
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