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Shift Happens | Corporate Culture For Compliance Hiring

Posted on September 11th, 2014 by Kristy Wright Skeehan

Alternative asset managers are starting to take regulatory compliance more seriously, with a spike in hiring of compliance professionals this year. The shift comes even amid evidence that some managers, especially smaller ones, seem to take a dismissive view toward compliance – an attitude that experts say could cost them dearly in the long run.

JW Michaels ranked #792 on the 2014 Inc. 5000 list

Posted on August 21st, 2014 by Kristy Wright Skeehan

On Wednesday, August 20, Inc. magazine released it’s annual list of the top fastest growing privately held companies. JW Michaels was ranked #792 on the list of 5,000. Inc. has been ranking private companies for 33 years, so this is quite an honor! We would like to thank all our clients and candidates for making […]

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Co-founder Justin Mandel discusses the hiring of OFAC staff

Posted on August 13th, 2014 by Kristy Wright Skeehan

In a recent Bloomberg article, JW Michaels co-founder Justin Mandel discusses the need for compliance executives to have an understanding of the intricacies of US sanctions laws. The need for such expertise has led banks and asset managers to look for compliance staff at the Treasury Department’s Office of Foreign Assets Control. Mandel explains, “Having someone […]

The Hedge Fund Law Report: Jason Wachtel provides insight into hedge fund compensation

Posted on July 24th, 2014 by Kristy Wright Skeehan

In a recent interview with The Hedge Fund Law Report, JW Michaels’ Managing Partner Jason Wachtel discussed the compensation levels of hedge fund GCs and CCOs. He explained how compensation is usually determined, saying: “The range in compensation is really determined by a few things: assets under management, performance of the fund and the personnel […]

RCA Extends Special Recognition to Jason Wachtel, Managing Partner of JW Michaels & Co.

Posted on July 8th, 2014 by Kristy Wright Skeehan

The Regulatory Compliance Association (RCA), and its 78,000 asset management executive members have commended JW Michaels for its endowment of RCA’s myUniversity and PracticEdge Curricula. Specifically, the RCA extended a special accommodation to managing partner Jason Wachtel as the Senior Fellow from Practice for “Compensation Trends in Alternative Asset Management,” an RCA PracticEdge session Jason led in February. The […]

BNP Paribas nearing settlement over sanctions violations

Posted on June 25th, 2014 by Kristy Wright Skeehan

The compliance world is busy talking about the recent news that French bank BNP Paribas SA will likely pay a record fine of over $8 billion as part of a settlement with the Justice Department over violations of sanctions related to Sudan. Bloomberg reports that BNP Paribas conducted billions of dollars of illegal transactions on behalf […]

Jason Wachtel Discusses Recent Surge in Compliance Executive Salaries

Posted on April 8th, 2014 by Kristy Wright Skeehan

Big fines against HSBC and JPMorgan and the hedge fund SAC Capital over compliance failures have prompted hiring boost for compliance professionals. Top compliance officers at the biggest investment banks can earn upwards of $2 million to $3 million a year.

Jason Wachtel is interviewed about JPMorgan’s CCO search

Posted on February 28th, 2014 by Kristy Wright Skeehan

JW Michaels Managing Partner Jason Wachtel recently spoke with Reuters about potential challenges faced by JPMorgan in its search for a new compliance chief: Industry recruiters say top compliance officers at the biggest investment banks can earn $2 million to $3 million a year. Jason Wachtel, who runs the search firm JW Michaels & Co. […]

JW Michaels is named the 15th largest executive search firm in NY

Posted on February 28th, 2014 by Kristy Wright Skeehan

JW Michaels & Co. has been named the 15th largest executive search firm in the New York area by Crain’s New York Business. Last year the firm was ranked number 20 on this list. We look forward to continued growth in the future! Compliance officers and general counsels are in particular demand, thanks to new regulations […]

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