Compliance talent a white-hot commodity at banks

We've noted before that Sarbanes-Oxley and other regulatory schemes have ratcheted up salaries for lots of professions, accountants, financial staff, compliance executives, IT folks and legal. In the financial services industry, especially with the credit crisis still unfolding, the hunt for compliance talent is fervid, notes Bank Technology News. The fact is that there really aren't that many managers who can grapple with the intricacies of the USA Patriot Act, which boosted banks' obligations under the Bank Secrecy Act, anti-money laundering rules, Sarbanes-Oxley, and Red Flag guidelines. Not to mention Basel II. So headhunting is really stepping up. You can expect to hear some eye-catching offers, but with more money comes a lot more pressure and responsibility, possibly from the board as well as management. Good luck.  

For more:
- here's the Bank Technology News article