ComplianceOnline

Chief Compliance Officer: What does it take to do the job? The Organization’s and CCO’s Responsibilities

Instructor: Laura S Hargraves
Product ID: 703303
  • Duration: 60 Min

recorded version

$229.00
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Recorded Link and Ref. material will be available in My CO Section

Training CD

$399.00
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Read Frequently Asked Questions

This webinar will explain how to select an effective Chief Compliance Officer (CCO) or Chief Risk Officer (CRO) best suited to the position. It will also review the skills needed to communicate the essence and structure behind a good compliance program.

Why Should you Attend:

The regulatory environment created by Sarbanes-Oxley, GLB, HIPAA and countless new regulations make it imperative that organizations, large and small, select a Chief Compliance Officer (CCO) or, more recently, The Chief Risk Officer (CRO) best suited to the position.

Selecting an effective CCO/CRO with a broad vision and perspective and with the proper skill set to enable him/her to function in the current 'global' regulatory environment requires that you consider many key factors to ensure the success of the new function.

The skill set needed by this individual goes beyond training and certification. It takes a unique individual with a strong internal compass and the willingness to state what is needed, even when facing financial challenges. The ability to communicate the essence and structure behind a good compliance program is essential to its success. The skills needed to do this will be reviewed. With the increase in whistleblowers, ensuring a corporate culture that supports compliance is essential.

This training will provide valuable knowledge on what companies need to do to select an "effective" Compliance Officer who will lead the organization to conceiving, developing and implementing successful GRC programs and providing top level coordinating leadership for governance, risk management and compliance issues across the enterprise.

Areas Covered in the Webinar:

  • Why do you need a Chief Compliance Officer or a Chief Risk Officer (CRO)?
  • Mistakes to avoid when hiring Chief Compliance Officers or Risk Officers
  • Characteristics of a CCO/CRO
  • Internal versus external candidates
  • How to establish a true picture
  • Communication needed
  • Supports needed for the candidate
  • Team members needed
  • Corporate/Organizational Support
  • Strategic planning required for facilitating success

Who Will Benefit:

  • CEOs, Board members and audit or corporate governance committee members
  • CFOs, Controllers and accounting professionals
  • CIOs, CTOs and IT professionals
  • Chief Compliance Officers (CCOs), Chief Risk Officers (CROs)
  • Legal Counsel, Human Resources and Public Relations
  • Internal and external auditors
  • Senior Risk Management and Operational Risk Officers
  • Consultants and risk, compliance and governance advisors
  • Compliance specialists
  • Compliance, risk management and governance product vendors
  • Any line manager or employee responsible for developing and deploying governance and compliance programs
  • Quality assurance managers

Instructor Profile:

Laura S Hargraves, MS CCC- SLP RAC-CT; has been working in all aspects of HealthCare Industry for the past 28 years. Ms. Hargraves has been providing compliance and oversight of documentation to meeting changing guidelines during this period. She has a background in education, which helps her maximize her ability to communicate these changes to the various professionals that she works with.She is a specialist in Documentation/Compliance/Audits and Reviews. Professional Presenter on topics related to Medicare, MDS 3.0, and documentation.

Topic Background:

The Board, the CEO and other line and staff executives need to rely on one single source for meaningful information on the company’s status on risk and compliance. The impact on company activities and profitability can be impacted by its compliance to regulatory mandates. Reliance on one authoritative entity to develop risk management and compliance strategies and spearhead and coordinate Governance, Risk management and Compliance (GRC) programs on an "enterprise-wide" basis is essential. To do so, the right person must fill that role.

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