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Compliance leadership

Yaron Hazan (yarok02@yahoo.com) is a Financial Crimes and Compliance Subject Matter Expert at ThetaRay in Hod HaSharon, Israel.

What defines a “leader”? A leader steps up in times of crisis and is able to think and act creatively in difficult situations. A leader also stands up and speaks, takes responsibility, and is willing to champion new directions.

Leadership involves:

  • establishing a clear vision;

  • sharing that vision with others so that they will follow willingly;

  • providing the information, knowledge, and methods to realize that vision; and

  • coordinating and balancing the conflicting interests of all members and stakeholders.

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