Compliance Manager Question:

I know this sounds like a crazy question, but oftentimes regulations don’t make a lot of sense and require businesses to do things that don’t make sense either. The candidate might be inclined to ask “Well, how big is the airplane? Is it a 747 or a single engine Cessna? And are we talking big or small paper clips?” All fair questions. Unfortunately, we don’t often get a lot of clarity from regulators, and we’re forced to make tough decisions in the absence of complete information. In fact, a great compliance officer should be very comfortable making tough decisions when there might not be one perfect answer. So maybe this question is a little silly, but it’s a solid test to see how your candidate tackles challenging questions.