Wednesday, June 04, 2008

Compliance is Hot

If you're in compliance and not getting calls from head hunters every week, it's probably only because they don't know your phone number. A Bank Technology News feature story quotes Bank of America Senior Vice President William J. Fox saying: “There isn’t a day that goes by that three or four of my folks don’t get called by a headhunter.”

The feature also reports that large bank chief compliance officers are hitting seven-figure salaries and senior compliance experts are pulling in $300k.

Demand is highest for accountants who can interpret the Bank Secrecy Act, anti-money laundering rules, Sarbanes-Oxley and Red Flag guidelines and diplomatically communicate their opinions.

1 comment:

Troy said...

Good information. I have to say it always amazes me to see and hear how much some people are making while a lot of other people are just struggling to survive barley. Thanks for the articles.