Risk and Compliance Recruitment

Ikon search was engaged by a Credit Card organization that needed to strengthen its risk division amidst increasing regulatory expectations and fraud incidents. Ikon was able to leverage its extensive network to identify a candidate quickly who could come in and hit the ground running, without needing much training. The individual had extensive experience in risk and controls surrounding credit cards with the ability to identify when KRIs weren’t working properly. Their background in risk allowed them to work with different GRC systems to identify areas of trouble and complete risk and control self-assessments to ensure there were proper controls in place to prevent future issues.

Ikon’s client, a rapidly expanding investment bank, faced challenges with regulatory compliance due to its recent acquisition of a competitor. To address these issues, the bank requested help from our Risk & Compliance team to identify a strong individual to hire as a Director of Compliance Advisory. With over a decade of experience in compliance roles within the banking industry, the candidate brought a wealth of knowledge in navigating complex regulatory landscapes. They established a comprehensive compliance framework that included enhanced training programs, streamlined reporting processes, providing real-time advice to the front office on regulatory developments, and regular audits. The candidate’s proactive approach not only fortified the company's compliance posture but also fostered a culture of integrity and accountability, ultimately enabling the bank to pursue its growth strategy with greater confidence.

A young fronting carrier with new business to underwrite recognized the need for specialized legal expertise to navigate complex regulatory landscapes and support its expanding operations. The company engaged Ikon to find an Assistant General Counsel, who brought strong experience in insurance law and fronting arrangements. The candidate’s background as an attorney in the insurance world reviewing, drafting and negotiating insurance-related contracts and agreements helped ease the firm’s concerns about regulatory issues arising due to their continued growth. The candidate’s strategic initiatives included enhancing contract negotiation processes and implementing a robust training program for the underwriting team. The firm has seen a decrease in regulatory inquiries and successfully launched new fronting programs, all while maintaining compliance with evolving industry standards.