Do experienced compliance professionals move freely between the Big 4, law firms, regulatory agencies and investment banks?
In these market conditions, there’s not as much movement in and out of regulatory agencies. Depending on market conditions, there’s a fair amount of movement within the industry among different organizations, including industry and consulting. Are there certifications or designations that I should pursue if I want to advance in compliance? On the securities side FINRA offers the Certified Regulatory and Compliance Professional (CRCP) program and boot camps for those who want to quickly pick up securities compliance and anti-money laundering knowledge, as well as university programs with the Wharton School of the University of Pennsylvania and the ICMA Centre at Henley Business School, University of Reading. What’s your advice to a student who’s about to take his or her first job in this niche? Make sure that you’re current and conversant on the requirements that apply to the business you’re in and that you understand the business itself. The best compliance people are able to bridge th