2013-02-07 19:49:12 - JW Michaels & Co., a premier executive search firm dedicated to serving the specialized recruiting needs of financial services, legal, technology and business institutions, announced today their partnership with Mitch Avnet, founding partner of Compliance Risk Concepts (CRC).
(NEW YORK, NY) February 6, 2013 — JW Michaels & Co., a premier executive search firm dedicated to serving the specialized recruiting needs of financial services, legal, technology and business institutions, announced today their partnership with Mitch Avnet, founding partner of Compliance Risk Concepts (CRC), where he is responsible for overseeing the execution of all client driven/business focused Compliance, Ethics and Operational Risk Management strategic engagements.
“There is no other executive search firm in the country that has a person of Mitch's caliber and experience affiliated with their organization," said Jason Wachtel, Managing Partner at JW Michaels & Co. "We recognized an increased need for expertise in the compliance arena due to changes in government relations, and we feel very fortunate
to have such a qualified professional join our team."
The announcement also coincides with the launch of CRC’s website at: compliance-risk.com/
Prior to launching CRC and the partnership with JW Michaels, Avnet was Senior Vice President and Chief Ethics and Compliance Officer at Lincoln Financial Group (LFG), where he had direct oversight of the company’s anti-money laundering, privacy, ethics and compliance risk management programs. Avnet also maintained responsibility for Lincoln’s entire Compliance and Ethics Technology strategic initiatives, developing and implementing a long-term strategic approach to upgrade and modernize the effectiveness and efficiency of Lincoln’s overall Compliance programs.
Throughout the course of Avnet's 20-year career in the financial services industry, he worked for top-tier investment banks, commercial banks and hedge funds such as Wachovia Capital Markets, PNC Bank and D E Shaw. For the past 12 years, Avnet has built Compliance Risk Management programs to support the manufacturing/origination and distribution of proprietary products, as well as source third party products on behalf of customers/client relationships. Avnet led and integrated these teams to be a meaningful and sought after component of the business process.
“CRC has a significant opportunity to change the manner in which Compliance Risk Management is integrated into organizational culture and DNA,” said Avnet. “I believe the natural synergies that exist with JW Michaels' core business give us a niche that enables us to append our service model and provide our clients with end to end best-in-class support. Jason and I share the same entrepreneurial spirit and vision. I am extremely fortunate and thrilled to join forces with the talented team at JW Michaels."
About JW Michaels
JW Michaels & Co. is a premier executive search firm dedicated to serving the specialized recruiting needs of top-tier financial services, legal, technology and business institutions. Our clients include select investment management firms, hedge funds, investment banks, law firms, and Fortune 500 companies in every industry. We pride ourselves on maintaining a selective list of clients, many of whom are referred to us through our loyal network of candidates and clients. We work in close partnership with our clients to understand their hiring needs, culture, and processes in order to deliver the best talent in the industry. We go beyond standard recruiting and act as a trusted advisor, providing market insight into our clients’ competitive landscape as well as information on hiring and compensation trends.
About Compliance Risk Concepts
CRC is a business-focused, compliance operational risk enablement company. We provide our clients with the critical skills and expertise required to establish, maintain and enhance a balanced and effective compliance and operational risk management program, evidencing and demonstrating organizational commitment to a strong risk management culture.
CRC's affiliation with JW Michaels & Co. provides both parties with access to top compliance consulting professionals to service our assignments and assist our clients with both short and long-term on site compliance needs.
FOR MORE INFORMATION:
JW Michaels & Co. Media Contact
Jason M.E.Wachtel,Managing Partner
JW MICHAELS & CO.
(212) 922-2844 ext 108