Compliance Professionals - What are the Opportunities for Career Advancement?

DerivSource's Living The Trade Lifecycle

New regulation, market trends and greater use of technology means compliance departments are constantly changing. These changes also present opportunities for compliance professionals to elevate their careers.

In the first episode of DerivSource's "Professional Pivots" podcast series, we explore how the career path for compliance professionals is evolving. Specifically, we discuss what skills are necessary for the role now (hint – it's technology) and what opportunities are available to support future career advancements or strategic professional pivots.
Tune in to hear Joe Schifano, a compliance veteran, and current global head of regulatory affairs at Eventus, share his own experience with professional pivots in his career. He also discusses the various ways professionals can advance their careers through opportunities in education, technology training and pivoting to other roles or industries.
Listen to hear more about:
•How have compliance roles changed in recent years?
•How can compliance departments and professionals better manage a greater use of newer technologies?
•How does greater use of technology impact compliance roles?
•What are the opportunities for more junior compliance professionals today?
•Why is it a good time to be working in compliance?
•Who is well suited for working in compliance and why?
About Joe Schifano

Joe Schifano is Global Head of Regulatory Affairs at Eventus.

Joe brings 20 years of experience to Eventus, where he partners with client stakeholders, champions their needs, and concerns, communicates regulatory trends, offers insights to maximize effectiveness, and helps compliance and supervisory staff build best-in-class surveillance and monitoring capabilities. He most recently served as Deputy General Counsel and Global CCO at Tower Research Capital. He successfully led the global compliance team for this proprietary trading firm with 30 trading teams and activity in over 80 electronic markets globally with staff in New York, London, Gurgaon and Singapore. At Tower, he also served as CCO for Latour Trading LLC and TRC Markets LLC from 2016 to 2018, and as Counsel from 2014 to 2015. Earlier in his career, he was a Vice President on NYSE’s legal team, and held front-office, supervision, and compliance roles at Barclays Capital and UBS Securities. Joe received his J.D. from New York Law School and holds a B.S. in Applied Social Sciences and Business from Binghamton University.

About the Series

Professional Pivots – Next Steps for Compliance, Collateral and Risk

This series of DerivSource Living the Trade Lifecycle podcast explores how financial professional roles are evolving amidst market change, technological advancements and a shake-up in work dynamics in a post-pandemic corporate workplace. With a focus on professionals working in compliance, collateral management and risk, podcast episodes will cover how each of these roles are changing and what are the current opportunities for career advancement. Tune in to hear also some common professional pivots that individuals can consider when looking to carve out an enriching and successful career.

Related reading and resources:

Compliance in Focus - a content series on regulatory topics for financial markets and the challenges compliance officers face in address

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章

1. Compliance Professionals - What are the Opportunities for Career Advancement? (00:00:00)

2. How have compliance roles changed in recent years? (00:02:25)

3. How can compliance departments and professionals better manage a greater use of newer technologies? How does greater use of technology impact compliance roles? (00:03:58)

4. How does greater use of technology impact compliance roles? What are some of the risks that come with the growing reliance on technology? (00:06:11)

5. For junior compliance professionals, what are the opportunities in your opinion for career advancement for these individuals? (00:10:07)

6. Can you tell us a little bit about your own professional pivot? (00:11:52)

7. Why is it a good time to be working in compliance? (00:15:42)

8. Who is well suited for working in compliance and why? (00:18:14)