🟢 SHOULD I STAY OR SHOULD I GO? 🔴 Working in compliance recruitment I often end up as the agony aunt of many candidates. 🤫 In the compliance world candidates are faced with the same issues that a lot of people normally face in day to day work. The difference? 👮 Compliance professionals can be held criminally accountable! 👮 There are bad apples out there. They take advantage of the financial system for their own gain illegally. Good compliance is to ensure a company doesn’t fall foul of the law inadvertently. But some companies do it on purpose. Some compliance officers come to me with something along these lines: “My boss is purposely breaking the law. Should I leave?” I cannot answer that for you but more often than not I advise candidates to protect themselves as best they can. Some may shout “BLOW THE WHISTLE” but we all know that is fraught with danger in a small world. Should we be protecting compliance officers more? Blowing the whistle isn’t that easy when your livelihood is at risk. Interested to hear your thoughts. Follow me for more insights
Robert Short
2mo
The best advice I ever received on this subject if it ever happened to me was to get a new job first and the whistleblow once I passed probation in the new job. Not an ideal solution, but I think it's balances the downsides well
Luis Villamizar
2mo
Reading all the other comments just shows that compliance function is limited if companies don't really empower a non retaliation culture. If we look back to some of the big recent cases, the same pattern repeats, compliance was not able to speak up. It will require more years for the companies to know it is better to listen before the issues escalate. With that said, compliance should not be a wall or just an additional step to tick the box. It's important to work in how the company perceives the compliance department.
Vitória Lopes
2mo
I understand the concern about seeing whistleblowing as the only option, but the problem goes deeper. Many companies aren’t trained to handle it properly or to apply protocols effectively. Whistleblowing is something companies fear, yet few have the systems or culture in place to address it safely. Building strong protocols and transparency could protect compliance professionals and help organizations act responsibly when issues arise.
Alastair Smith
2mo
Compliance professionals should be working with senior management and all divisions to offer proactive solutions, which don't "break the rules" but come.to a similar or more positive outcome. That's the difference !
Head of Risk, compliance and governance
2moInteresting one……as a compliance professional you have a duty of care to uphold the law/regulations. If you are prepared to overlook wrongdoing then you are in the wrong job. Keep a record of all conversations, warnings etc then when the stuff hits the fan you can demonstrate that you warned the business. I’m afraid whistleblowing is sometimes the only option and thus should not be seen as career limiting.