How The Role of Compliance Officers is Evolving in Corporate America

The Chief Risk Officer is the person whom brings in the leadership and vision for handling risk. Regulators want transparency, which is why the Chief Risk Officer is there to ensure that financial firms are complying with all applicable laws. Chief Risk Officers are very independent from the rest of the firm, and this offers a great viewpoint over the activities. These individuals monitor risks and take action to prevent risks from causing an impact to the bottom line of the firm. This is a role which is growing in importance as a result of the needs for more senior roles. These individuals are responsible for building relationships with others throughout the firm to ensure that the firm is complying with risks. This is an ever-evolving career path which allows individuals to progress to the Chief Risk Officer from other lower roles in the firm, offering a very steady career path which is a result of progression to the top from the bottom.

In this new era of in the corporate world, it is apparent that compliance officers are taking on new roles. Helane L. Morrison is an example of a person whom has many years of experience in the compliance industry, and is currently working for Hall Capital Partners as a Chief Compliance Officer. This comes after a role as a San Francisco City SEC Administrator, among other titles which she has held throughout her career. She was responsible for litigation matters and enforcement matters in her role in the past, but moved on to private practice. She has also provided insight into matters such as false advertising, noting that political contributions must be disclosed in the solicitation of pension funds.

While at the SEC, she was responsible for directing the enforcement program which gave her many insights that she uses in her current role. Her role took in effect at a time in which the SEC was expanding it’s office as a result of greater need for enforcement. This was also at a time in which there was a rise in the use of the online brokerage services, which the SEC had a greater interest for ensuring compliance with federal laws. She was responsible for enforcing all areas of the SEC office’s practice and was in private practice in her role before the SEC. While in private practice, Helane was responsible for defending clients whom were sued by the SEC.

Brian Bonar of Dalrada Named to Cambridge Who’s Who

In honor of his skills as a leader, his academic accomplishments, and his many achievements, Bruce Bonar, Chairman and CEO of Dalrada Financial Corporation, has been honored by being named to the Cambridge Who’s Who Executive of the Year in Finance. Read more: Brian Bonar Trains His Employees In Exceptional Customer Service

This designation is only bestowed upon two males and two females in each category each year. In 2000, he was named to Who’s Who in America.

Bonar has been employed in the financial sector for 30 years and for a decade he has been head of Dalrada. The firm provides clients with a wide variety of products and employee programs that increase productivity, such as employee benefits and financial, promotional and business management services. Learn more about Brian Bonar: http://www.dalrada.com/board_directors.shtml and http://www.prnewswire.com/news-releases/brian-bonar-receives-professional-networking-communitys-highest-honor-98913914.html

At the same time, Bonar has been Chairman and CEO of Trucept in San Diego. This firm helps small and medium sized companies with management of human resources, employee benefits, staffing, and more. He has been with Trucept since 2011.

Brian Bonar received his bachelor’s in mechanical engineering from Strathclyde University in Scotland. He went on to get his MBA and PhD in international business development studies from Stafford University in the UK. He holds the honorary title of Lord Bonar of Wilcrick, Cardiff, Wales, UK.

He joined IBM in 1969 and worked as Procurement Manager and was involved with outsourcing parts of personal computers. He remained there until March, 1985, when he left to become Director of Engineering at QMS.

He moved on to Rastek Corporation in June, 1989. He served as Vice President of Sales and Marketing until August, 1993, when he moved to Adaptec Corporation and was named Sales Manager.

Brian Bonar decided to start his own business next, founding and becoming CEO of Bezier Systems in 1994. He wanted to launch the first SCSI (Small Computer System Interface) printer. He became Vice President of Sales and Marketing the following year at Itek Imaging and Technologies, and in 1999, he became Chairman and CEO of Dalrada Financial Services where he maintains his position today. Read more: http://www.modernluxury.com/riviera-san-diego/story/the-new-frontier

He was also Founder and Managing Member of AMS Outsourcing from June, 2006 to January, 2013, and president of Allegiant Professional Business Services from February, 2008 until December, 2010.
Bonar is also a member of seven different boards in four organizations.

He is a family man who also loves golf.