The Evolution of Risk and Compliance Officers

A few decades ago, you would have passed for a fool for having encouraged the study of risk and compliance. The nature and practice of business back then did not command respect for the role. Fast forward to the 21st century, risk and compliance officers have become cornerstones of multinational and growing enterprises.

Risk and compliance officers are expected to think outside the box and sit on a pedestal from which he can see what’s going on within and without the organization. In other terms, the officer relies on the broad
perspective and bigger picture. Their job is to strategize ways
forward in achieving organizational goals and objectives. More so,
they are tasked with identifying, anticipating, mitigating and
preventing external and internal forces that may interfere with the
running or even the existence of their company.

In the public sector, risk and compliance officers keep a vigilant eye on industry players. Firms and employees in an economic sector are expected to adhere to strict codes of conduct and service. Their duties,
therefore, keep expanding and covering all angles that might be the
source of trouble for a firm. Helane Morrison, a high-ranking
compliance officer, has been one of the professionals pleading with
risk and compliance officers to seek more responsibilities at their

Helane’s spent most of her career in San Francisco. Her popularity stems from her dedication to the profession and flawless work while working with the United States Securities and Exchange Commission. This regulatory body targets financial market traders and investment bankers. Ms. Morrison spent over a decade at the firm, starting out as an
administrator and finally rising the ranks and serving as it’s regional director.

If you look at the practice of risk and compliance of past decades and now, there’s a huge gap in difference. Today, a risk and compliance officer operate with the highest level of decision making and influence within the
organization. Helane Morrison personifies the broadening role of a
risk and compliance officer. A renown investment bank in San
Francisco, Hall Capital, makes use of her talents in various capacities. She is a managing partner, firm lawyer and the risk and compliance officer.
Helane’s career success can be attributed to her rich academic background. She has two degrees, the first in Journalism and the other in Law. She is an alumni of the University of California- Berkeley School of Law.