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Financial Regulations Bring New Challenges: Hiring Compliance Officers

Wanted Analytics (03/26/12) Abby Lombardi

Around 1,200 job ads for Compliance Officers have been placed by more than 300 financial services firms nationwide over the past 60 days, up 49% from the same period last year in response to new regulations tied to the Dodd-Frank Act and the pending Volcker Rule. Wanted Analytics says demand for compliance officers is high in New York, Dallas, and Chicago, where recruiters will find it difficult to fill job openings. Job ads stay online in New York City, for instance, for 6.5 weeks, compared with the 5.5 week national average.