Compliance officers play an important part in the corporate world. Their opinions play a role in decisions made by corporations. Helane Morrison has become a leader in this male dominated field. She has worked a range of jobs from a position at the SEC to a journalist. Her goal has been to help the public regain confidence in the finance industry and fight corruption.
An economic crisis in 2007 revealed widespread corruption within the finance industry. Falsified records and fraud were just some of the issues exposed. Institutions that people once trusted were shown to be ripping them off or closing. Confidence in investing went down dramatically. Helane Morrison currently works with Hall Capital and her main goal is to help people regain confidence in the finance industry. She is the general counsel, chief compliance officer, and manager director there. She is in a position to influence how people feel about the finance industry and her reputation of ethics exceeds her.
Helane Morrison has been the head of the SEC for the Northwest Office and worked for the SEC from 1999 to 2007. In this position, she covered compliance issues for northern California and five other states. Before that, she worked for a private law firm where she was made partner. Prior to that, she worked as clerks to two Federal judges. She has been a journalist. Her goal has always remained the same: to fight corruption within the industry. As a compliance officer, Helane Morrison is able to ensure that businesses follow regulations.
The concept of the compliance officer is something that more companies need to consider. This is the best possible way for any organization to make sure that it doesn’t go up in flames with corrupt schemes.
People that are looking for Helane Morrison can see how she has transitioned over the years. She has worked as a regional director for the Securities Exchange and Commission. She has also worked as a lawyer. That is what makes her a great compliance officer as her time at the SEC prepared her for all the in’s and out’s of the position. There are so many companies that are looking for a way to stay up on new laws, but many companies do not have a lawyer in place to help with this. Hall Capital acquired Helane as a compliance officer to help the organization steer clear of the laws that executives may be unaware of.
Morrison has a great sense of responsibility, but she can handle it. There are many people that are looking at what she has been has done so far, and now she is associated with an organization where even more funds are being managed. Companies are going to need the help of compliance officers at all times for major decisions.
Even executives with the best intentions are going to have some limitations in the areas of the law. They may not know what is the right way to do something so it takes an inside investigator to make sure that everything is running as it should be. Helane Morrison as the ability to make sure they’re in compliance and that everything is being implemented in accordance to what is right. This is going to be very important to the client base because no client wants to be associated with an organization that may have corrupt practices. Currently, the client roster includes billionaires like Warren Buffet.
The bottom line of it all is that companies to have compliance officers are going to be a lot less likely to fall victim to the corruption that a lot of other companies face with scandals. These companies are going survive because a compliance officer is going to govern the organization according to the standard.
A lot of company leaders wish that they had someone that was knowledgeable enough to work as a compliance officer from the inside. I believe that Kathryn Hall made a very wise decision to hire someone with a background like the one Helane Morrison has.
Connect with Helane on Crunchbase or check out her Wikipedia to discover more about her life and career.