Chief compliance officers have become banks' chief problem solvers, so hiring and retaining the best employees available has become crucial.

Regulators have put more emphasis on compliance in recent years, and banks in turn have strengthened oversight. When hiring a compliance chief, community banks should look for someone who is detail-oriented and can process dense data quickly, industry experts say.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access