I am excited to discuss the future of compliance officers at the 6th Global Meeting organized by Cumplen. Asociación de Profesionales de Cumplimiento Normativo ✔ https://lnkd.in/eFU54RB #Complianceofficer #training #Education #SomosCumplen #Compliance #Cumplen #VIencuentroCumplen Estoy emocionado de discutir el futuro de los oficiales de cumplimiento en el 6º Encuentro Global organizado por Cumplen. Asociación Profesional de Asociación de Cumplimiento Normativo

1. 6th Compliance Summit
Spain, Feb 2021

2. Future
Compliance
Officers
Prof. Hernan Huwyler, MBA CPA

3. • Complete qualification
• Leverage legal and controlling
• Design a job hunting strategy
• Gain real work experience
• Be autonomous
Challenges
To become a compliance officer

4. • Impact decision-making
• Sell compliance-as-a-service
• Quantify compliance risks
• Support transformations
• Meet new demands
Challenges
For compliance officers in 2021

5. • > Money laundering
• > Cyber and privacy
• > Compliance auditor
• > Corruption and fraud
Trends
For specialization

6. • Probabilistic risk assessment
• Control engineering
• Smart procedure writing
• Cyber controls
• Fraud prevention
Learning gaps
For trainings in Compliance

7. • A decade with the “31 bis”
• Leverage with data protection
• Sizable active community
• Leadership for LatAm
• Reputable online trainers
Strong areas
Compliance in Spain

8. Certifications are
needed for
compliance
programs, not for
compliance officers
Certifications
Are them needed?

9. Certifications
Are them needed?
Titulitis (Spanish):
obsession with
acquiring academic
degrees

10. Learn how to manage
a compliance
program and improve
decision-making
Not how to pass multiple
choice questions
Certifications
Are them needed?

11. • Influence
• Prioritization
• Communication
• Proactive attitude
Soft skills
For compliance officers

12. • Listen expectations from
interested parties
• Facilitate cost reductions
• Measure incidents and losses
• Transfer controls to owners
Tips
For future compliance officers

13. • Use the ISOs for a global
perspective
• Audit compliance, internally
and externally
• Learn cost-benefit controls
Tips
For future compliance officers

14. • Do ROI calculations
• Separate accountabilities
from responsibilities
• Associate with peers
Tips
For future compliance officers