This webinar will explain how to select an effective Chief Compliance Officer (CCO) or Chief Risk Officer (CRO) best suited to the position. It will also review the skills needed to communicate the essence and structure behind a good compliance program.
Why Should You Attend:
The regulatory environment created by Sarbanes-Oxley, GLB, HIPAA and countless new regulations make it imperative that organizations, large and small, select a Chief Compliance Officer (CCO) or, more recently, The Chief Risk Officer (CRO) best suited to the position.
Selecting an effective CCO/CRO with a broad vision and perspective and with the proper skill set to enable him/her to function in the current 'global' regulatory environment requires that you consider many key factors to ensure the success of the new function.
The skill set needed by this individual goes beyond training and certification. It takes a unique individual with a strong internal compass and the willingness to state what is needed, even when facing financial challenges. The ability to communicate the essence and structure behind a good compliance program is essential to its success. The skills needed to do this will be reviewed. With the increase in whistleblowers, ensuring a corporate culture that supports compliance is essential.
This training will provide valuable knowledge on what companies need to do to select an "effective" Compliance Officer who will lead the organization to conceiving, developing and implementing successful GRC programs and providing top level coordinating leadership for governance, risk management and compliance issues across the enterprise.