Compliance Officer Responsibility is to ensure custodian of ethical and regulatory problems. The Profession is widely growing though it had been new in the market, and the demand arising from specified Companies. The prime duty is to implement a compliance program that would find, correct and prevent problems by employing the use of tools such as Audit, analysis and education, and risk assessment. Compliance Officer is to play as surveillance to ensure when the problem is detected it is ratified with immediate effect. Helane is the Managing Director and Compliance Officer of Hall Capital Partners LLC
The demand for the federal and state laws and regulation for more Compliance officers is primarily growing due to development in business that requires the functions of compliance. According to Cathy Mackenzie, Compliance as a career path is the best option due to its demand that is spreading at a greater rate. Cathy being the Vice President of Island View Casino Result focuses on ensuring surveillance of employees to ensure performance and acquiring necessary documents for the operation of gaming business like license of operation and staff’ working permits. She also establishes a program that prevents company deviating from the state rules.
For one to be a Compliance office is not directly pooling them from other close related profession like accounting or legal, but one has to be trained and get certified as a member. This has seen the number of certified professional compliance officer raised from zero to 10% in the United States, 1000 outside the U.S., and has reached 75 countries. The membership includes attending a conference that equips leaders with the ideas on how to influence compliance in their leadership.
Helane L. Morrison is the Managing Director and the General Counsel of Hall Capital Partners LLC. She is the Chief Compliance Officer and also serves on the Executive Board Committee. Ms. Morrison is a lawyer and worked as the first District Attorney in San Francisco and also as a director for Securities Exchange Commission (SEC). Helane was in charge of enforcement and examination of prevention program within the Region’s jurisdiction that included Seven Region within San Francisco.
After Serving as District Officer, she resigned from her Job and worked as a Partner, who represented clients indicted by SEC for failing to comply with SEC regulations. Helane acted on behalf of Company security officers in SEC examinations.