Key Success Factors in FinTech Compliance
When: instantly available
This FREE training series for FinTech Compliance leaders will uncover 3 key factors that actually determine success in FinTech Compliance.
It teaches you exactly which actions to take as a business-like successful compliance leader, how to deliver results that your management appreciates, and how to demonstrate your function's value and gain authority within your company!
Your career and your compliance function performance may be jeopardized without you even realizing it if any (or many) of the following statements are true:
- You often feel the need to do more research before making a recommendation and fearing the blame for missing something important.
- You often find yourself rushed or under pressure to complete tasks, never having enough time, compromising your commitment to quality, and still have the impression that your management expects more of you.
- You secretly wonder how your company is still in business and why nobody has faced legal consequences with so many legacy issues not fixed.
- You believe that your most valuable assets are your know-how and work ethic, yet your management criticises compliance for being slow and too conservative.
- The result "nothing bad happened" is taken for granted within your company.
The Rise of the Business-Like CCO is FREE series of workshops for FinTech leaders, helping you transform your FinTech Compliance function from providing reports no one reads to delivering REAL RESULTS that matter and are valued and appreciated by your management! It is focused on sharing the key success factors and best practices that define modern FinTech compliance performance. It will completely transform how you view your performance, results, and success in FinTech compliance.
What is NO LONGER TRUE about success in FinTech Compliance:
- Many struggling compliance experts believe that to have better results they need more time, better tools, and more resources. It feels reasonable, but it's not true. The reality is: success in compliance does not depend on resources or team size. The biggest banks with huge budgets pay the highest penalties for compliance violations.
- Success in FinTech compliance does not come from your knowledge of laws and regulations if your management does not listen and does not read your documents. The compliance function is not an information provider function, it must become the project management function. Otherwise, you may often find yourself being micromanaged and overruled by others who know much less about compliance.
- If the aforementioned examples resonate with you, it could be attributed to the outdated corporate employee mindset. This mindset emerges when you believe that your value and accomplishments come from effort — working longer, trying harder, accumulating more knowledge, and preparing for countless risks, which is a broken strategy, that keeps you stuck and overwhelmed. It's important to know that this employee mindset is not your fault. It is a deeply ingrained habit that many of us acquire during the early stages of our careers.
- Many struggling compliance professionals mistakenly hope to build respect for their function trying to demonstrate how complex, difficult, and serious compliance is, but... if you tried to convince your management that compliance is hard and complex, you have probably been successful. In fact, your senior management likely believes that compliance is a necessary evil, and no matter how much they invest in compliance, it is never enough.
- Successful business-like CCOs and compliance leaders think very differently about risks, uncertainties, success, and decision-making. They are unafraid of mistakes, and they don't merely search for solutions – they create solutions. They do the right things at the right time and are able to figure things out. They know and deploy 3 important success factors (how to handle time, money and information) to manage their compliance function, and it makes all the difference!
This content is SO impactful and transformative, we will sell it later, so grab it for FREE now while you can!
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