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.
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 […]
This article originally published in the Wall Street Journal : The Morning Risk Report The boom in the hiring of chief compliance officers and mid-level compliance staff is driven by not only an explosion of rules and regulations but by the fear of becoming the next poster child for wrongdoing, says an executive at a […]
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 […]
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 […]
NEW YORK, NY, June 18, 2014 /24-7PressRelease/ – Four Points Capital Partners LLC (“Four Points”), a New York based independent brokerage has found a way to rise above, in their strategic partnership with Compliance Risk Concepts (“CRC”).
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 & 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 […]
Placed by JW Michaels & Co.’s legal recruiting team in 2012, Nuala O’Connor will be moving on from her role as Vice President of Compliance & Customer Trust and as Associate General Counsel for Privacy & Data Protection for Amazon to join the Center for Democracy & Technology team as President & CEO. “Nuala is […]
To mark the September 11 anniversary, JWMC Director of Risk and Portfolio Analytics, Jonathan Egan, rang the closing bell at the New York Stock Exchange. He was joined by Former Mayor of NYC Rudy Giuliani, Bert McCooey, Board Member and former Chairman of Tuesday’s Children and David Weild, present Chairman of Tuesday’s Children. Making A […]