Hidalgo moved into CCO chairs at Community Federal Savings Bank and at Noble Bank International. His role in both of these financial institutions was primarily AML compliance but it included broader compliance roles as well. The biggest lesson was that the ‘buck stops with the CCO’. Ultimately it is your responsibility and you must have accountability of all areas of compliance. As a CCO a key trait is empathy which you must employ in your dealings with other executives and employees. He believes you must connect with your employees.
Episode 4-Beyond the CCO Chair
In is role at K2 Integrity, Hidalgo sees problems and issues for clients through a variety of lenses. His time as a CCO gives him insight and empathy into the challenges of a CCO. His time at the Federal Reserve Bank of New York gives him insight into the regulatory mindset for financial institutions. He continues to emphasize that the buck stops with the CCO. AML compliance will only grow and continue to become more important, not simply for financial institutions but for commercial corporations going forward.
Resources
Gabe Hidalgo LinkedIn Profile
Gabe Hidalgo K2 Integrity Profile
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