In 2002, SEC commissioner Cynthia Glassman called upon companies to take more corporate responsibility. Since then, many companies – especially ones specializing in healthcare and financial services – have taken this directive seriously, resulting in new prominence for the role of the chief compliance officer.
CCOs perform an important role in day-to-day and long-term operations of financial firms, so finding the right person for the job is vital. Florida-based BankUnited thinks it has found such an individual in Marie Blake, who has been hired in the role of executive vice president and chief compliance officer.
Most recently, Blake was senior vice president and group compliance manager for Alabama-based Regions Financial Corporation and has more than 16 years of experience in banking industry compliance, risk control and risk management.
Blake will oversee compliance and risk management initiatives for the company, which is headquartered in Miami Lakes. She received her law degree from Villanova and her bachelor’s degree in finance from La Salle.
“With Marie’s vast knowledge and in-depth experience in all areas of compliance and risk management, she will play a critical role in overseeing BankUnited’s comprehensive regulatory compliance program,” said John Kanas, chairman, president and CEO, in a statement.
According to the company, BankUnited has 98 banking centers in 15 Florida counties and four banking centers in the New York Metropolitan area. It was ranked as number 10 on the Forbes list of “Best Banks in America” in 2012 and provides both commercial and consumer banking services.
In her role as chief compliance officer, it will be Blake’s duty to ensure that BankUnited complies with all regulatory requirements, monitoring and evaluating the state of the company and adjusting training and policies where necessary.