Chief compliance officers have a difficult job. That is a real profound grasp of the obvious. CCOs face an unending onslaught of tasks, risks and juggling of concerns and activities. On many respects, a CCO’s job is never done – once they accomplish a project, they have an unending list of tasks to address.
CCOs are the unsung heroes of corporate governance. They get little credit for their work and they are prime receptacles of “blame” when something goes wrong. It is part of the territory.