If your compliance officer is performing poorly, they should be fired from your organization, but sometimes it can be difficult to know who is responsible for the things that are going wrong, and therefore who to fire. In today’s episode I’m going to share with you some red flags to look out for which will make it easier for you to determine whether your compliance officer should stay or go.

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Today's episode:

[01:10] Conversations that I have had recently with clients about issues they have had with their compliance officers. 

[02:52] Some of the reasons that people feel that they should not fire their compliance officers.

[04:05] A sign that your compliance officer isn’t doing their job properly. 

[06:37] Why it is a red flag when compliance officers shy away from making important decisions.  

[07:37] How groups within an organization usually react when they have made a mistake. 

[10:28] When friction within your organization requires attention. 

[12:30] Why it is easier than you may think to fire a compliance officer for poor performance.

[13:41] Different meanings that poor performance can have in different contexts.

[15:18] A trap that FinTech founders commonly fall victim to. 

 

Show links:

 

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