About the Program
Effective compliance and risk management leaders rely on their skills to build a sustainable culture of doing the right thing while collaboratively solving business challenges.
Strike the Balance: Integrating Business, Compliance & Ethics will help compliance and risk management professionals meet business challenges ethically, legally and sustainably. The program is also designed to benefit in-house and outside counsel, audit professionals, and outside advisors to organizations.
Using scenario-based learning, participants will effectively manage business interactions through strategic insights and partnerships, influential communication and effective change management. Participants will also be invited to apply concepts and tools related to their own compliance and risk management business challenges and to share learnings. The program will be taught by leading compliance and ethics officers and will include extensive peer-to-peer exchanges
Overview of Sessions
Each session will be highly interactive and practice-oriented, emphasizing role playing, scenario analysis and debriefs. Two case studies will be threaded through the sessions, providing realistic opportunities to develop and practice skills, as well as common fact sets to anchor discussion.
In Understanding the Strategic and Business Context for Compliance and Ethics Decisions, participants will apply multi-dimensional tools to think strategically about a business by taking an in-depth look at financial considerations, business model insight, competitive analysis, management and board perspectives. Strategic context, issue spotting and risk and business analysis will also be part of the discussion.
Participants will then move forward to Conducting Effective Compliance and Ethics Diligences and Designing Integration Strategies. In this session, individuals will discover and design compliance and ethics solutions that work for a business through active listening and questioning; defining key issues and differences, and identifying and aligning practices and interests.
Next will be Integration Planning – Processes, Procedures, People and More. This session will engage participants by thinking through the design and implementation of compliance and ethical solutions–processes, procedures, people, systems, leadership styles, rewards and data. This session will take an in-depth look at the challenges of accounting for different cultures, business practices, operating models and risk tolerance profiles.
Finally, Driving Cultural and Operational Change – the Role of Compliance and Ethics in Change Management is where participants will develop a change-management plan that accounts for the change implications for policies and procedures, process, investment, rewards, and culture that utilizes effective project management (steps, critical paths, measure, adjust and effective communication).
Michael Donnella, Practice Professor of Law Director; Center for Compliance and Ethics
Michael Donnella teaches Introduction to Compliance and Ethics and leads the Center for Compliance and Ethics. The Center is dedicated to improving the understanding and practice of compliance through innovative courses and educational programming, public-private sector dialogue, and academic research and thought leadership.
Prior to joining Temple Law, Michael Donnella was Corporate Compliance Officer at Murphy Oil Corporation, an Arkansas-based international oil & gas exploration and production company at which he established and led the Global Compliance and Ethics program.
He has previously served as Vice President, Chief Compliance Officer, and Assistant General Counsel of Wyeth Pharmaceuticals (now Pfizer) and as chief counsel in a number of Wyeth’s global divisions. Prior to Wyeth, he spent several years with AT&T, with assignments including state and federal regulatory, international commercial, and trade policy counseling. Michael began practicing law with Troutman Pepper in Atlanta.
He is a frequent speaker on compliance and ethics, global anti-corruption, and risk management. Michael is a graduate of Wesleyan University and the University of Chicago Law School. He is a member of the New Jersey, Pennsylvania, and Georgia Bars.
Ken Phelan joined the U.S. Department of the Treasury as its first Chief Risk Officer (CRO) in November 2014 and continued in that role until February 2019. Reporting to the Deputy Secretary, he established Treasury’s Office of Risk Management, which provides senior Administration officials with analysis of key risks including credit, market, liquidity, operational, governance and reputational risks across the Department. In addition to his role as Treasury CRO, Ken also served as the Acting Director of the Office of Financial Research from January 2018 until February 2019. In that role, he was a non-voting member of the Financial Stability Oversight Council (FSOC).
Ken has more than 25 years of experience in risk management, capital markets and structured products. Before joining the Treasury, he served as CRO for RBS Americas from June 2011 to October 2014. From 2009-11 he was the post-conservatorship CRO for Fannie Mae, where he was responsible for credit, market and operational risk. Before that he served as CRO at Wachovia, where he provided risk management leadership and assisted with the transition as the company merged with Wells Fargo. Ken has also held a variety of senior risk roles at JP Morgan Chase, UBS Americas and Credit Suisse in the areas of risk strategy development, loan portfolio management, risk analytics and modeling, and management of market risk and credit risk.
Ken serves on the board of Huntington Bancshares and Adtalem Global Education and is a senior advisor to Oliver Wyman.
Ken holds a law degree from Villanova University School of Law, a Master’s in economics from Trinity College in Dublin and a Bachelor’s in finance from Old Dominion University.
Participants who complete Strike the Balance: Integrating Business, Compliance & Ethics will receive a Digital Badge of Completion from Temple University, suitable for adding to a resume and sharing via social media. The digital badge is an excellent way to showcase your active engagement in this professional development program.