As costs for risk functions continue to increase, it is crucial to plan to remove manual tasks and innovate by using both technological tools as well as an expanded skillset.

In this episode of Protiviti’s Powerful Insights “Future of Compliance” podcast series, Protiviti Risk and Compliance Managing Director Vicki Alexander interviews Nishant Desai, the Chief Compliance Officer of TIAA Bank, and Gary Stein, the Chief Product and Compliance Officer of Openpay US. Vicki, Nishant and Gary share insights on how organizations are embracing change, utilizing technology, and bringing innovation to compliance functions. They also discuss the current skillset in the compliance functions, what is needed for the future and how compliance can be transformed from performing reactive tasks to managing future risks.

To learn more about Protiviti’s Risk Transformation services, visit us at our website: www.protiviti.com/US-en/risk-compliance/risk-transformation.

Transcriptions of Powerful Insights are available upon request from [email protected].