Compliance & Legal

Careers in Compliance

With meticulousness, high integrity, and transparency, Compliance and Legal Officers can save their companies millions (sometimes, billions) of dollars. They uphold and enhance their companies’ reputations and standing with regulators, which enables the organizations they serve to flourish and prosper. The Compliance and Legal Professional is an essential part of any business regulated by the government.

The fields of Compliance, Financial Crimes, and Legal - especially within the financial services industry – tend to experience cycles of rapid and robust transformation followed by stabilization and maintenance. Poor consumer protection, economic downturn, changes in political administrations, blatant fraud, extreme levering, and unsustainable market bubbles are just a few examples of the causes of these cycles. In addition, enforcement action, criminal investigations, and more regulatory legislation (read: The Dodd-Frank Act) are the effects. In all instances, ICS has seen the demand increase substantially for talented regulatory intelligence professionals and the market has moved towards candidates with hands-on experience with data analytics and systems implementation.

Since its inception, the ICS Regulatory Intelligence & Risk team has focused on staffing Risk, Compliance, Legal, and Regulatory roles in banking and the financial services industry. Within this niche, ICS has gravitated to the Financial Crimes space – AML / BSA, KYC, OFAC / Sanctions, Fraud, and FCPA. Overall, our strategy is simple: ICS has become experts by cultivating a strong global network of loyal Compliance, Legal, and Financial Crimes professionals by thoughtfully matching them to our clients. This is our mission: to cultivate successful long term relationships by matching the right people with the right organizations.

As with almost all lines of business in any industry today, data analytics and technology are becoming vital to maintaining successful Compliance and Legal programs. Consequently, conventional regulatory programs have taken on new oversight responsibilities (and headaches), such as: Privacy, Data and Information Security, Data Integrity, Cyber Security, etc.; and added new to tools to their repertoire: Systems Optimization, Big Data, and Data Analytics, for instance.

Compliance programs are now in charge of mitigating regulatory risk using the collection, protection, and examination of information. At ICS we refer to this as Regulatory Intelligence & Risk. Our Regulatory Intelligence & Risk team is preparing for the fundamental shift that has begun in all compliance and legal programs in all industries: a shift towards risk mitigation using technology and information.