Risk and Compliance Professionals – Networks are Crucial to Career Success

DerivSource's Living The Trade Lifecycle

Recent market events, new regulation and ongoing market volatility are really keeping risk management and compliance professionals on their toes. And risk itself is evolving too – with newer risks to contend with (cyber and ESG) while there is growing recognition of the value these departments contribute to the success of a business. How can risk and compliance professionals' strength their career prospects amidst all this change?

In this episode of our Professional Pivots podcast series, we speak to Kimberley Cole, Chief Risky Officer at Risky Women, about how the careers in risk management and compliance are changing in today's environment. We explore how the use of various tools such as industry networks, workshops and resources (Watch Lists) is integral to helping individuals amplify their visibility, increase industry knowledge and seek out opportunities to advance their careers.

Tune in to hear more about:

• How have roles in risk management and compliance changed?
• What are the most significant challenges risk and compliance professionals face today and why?
• What are the opportunities for career advancement for professionals working in risk management and regulatory compliance?
• What can risk managers do to enrich their careers or ensure they are evolving to keep up with changes in their role?
• How will roles in both risk management and regulatory compliance change in the next two to three years?
• Why is it a good time to be a risk manager or work in compliance?
• What advice would you give a professional in risk management and compliance today?

About Kimberley Cole

Kimberley Cole is the Founder of Risky Woman and is passionate about inspiring and connecting women to be bold, to extend and to take risks. With a foundation in Governance, Risk and Compliance the network focuses on the rapidly evolving regulatory landscape but offers connections and ideas for building business and careers for women and of course men too. Kimberley’s philosophy is centred on connecting, celebrating and championing women across the globe. A global executive, she has extensive background in financial services and technology. As a sales and marketing leader for over 20 years she has worked with customers in multiple geographies on big data projects and identifying solutions to help them thrive in an increasingly disrupted world. She has driven growth and transformation across a range of functions with achievements including building and launching new products and transforming teams to create customer focus and accelerated growth. Creating shared value and taking action she also established a platform to stop slavery and focus on how technology and data can help address this crime. She is an angel investor and fintech advisor. Non-Executive Director of the Fair Employment Foundation and AustCham Hong Kong.

About the Series:

Professional Pivots – Next Steps for Compliance, Collateral and Risk

This series of DerivSource Living the Trade Lifecycle podcast explores how financial professional roles are evolving amidst market change, technological advancements, and a shake-up in work dynamics in a post-pandemic corporate workplace. With a focus on professionals working in compliance, collateral management and risk, podcast episodes will cover the current opportunities for career advancement.

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Hoofdstukken

1. Introduction (00:00:00)

2. About Kimberley Cole & Risky Women (00:01:19)

3. How have compliance and risk roles changed in recent years? (00:04:30)

4. What are the most significant challenges impact risk and compliance roles today? (00:06:08)

5. What are the opportunities for career advancement? (00:09:16)

6. How can professionals take advance of career opportunities? (00:11:54)

7. What should professionals be focused on in the next two to three years? (00:13:23)

8. Why is it a good time to work in risk and compliance now? (00:14:53)

9. What advice would you give professionals in risk and compliance? (00:16:36)

10. Concluding remarks (00:17:33)