47 - Most FinTech Founders Hate Playing Bad Cops Against Compliance

<p><span style="font-weight: 400;">Most founders would rather be seen as an inspirational, positive figure in their organization, and not as the person who has to constantly push back against their compliance team. If you are one of those founders who feels as if they are always playing the bad cop, this episode is for you! In today’s show I share my perspective on how to improve the relationship between founders and compliance officers; it is not a quick fix, and involves some major changes incorporated in a subtle way, but if you are able to implement these changes, it will benefit the parties on both sides of the equation, and the organization as a whole. </span></p> <p><span style="font-weight: 400;">If you found value in this episode, I would really appreciate it if you could leave a review! My mission is to help and support as many FinTech startups as possible, and when you leave a positive review, more people can find this podcast and help their companies!</span> <span style= "font-weight: 400;">If you are on Apple, just </span><a href= "https://podcasts.apple.com/ch/podcast/compliance-that-makes-sense/id1535160531"><strong>click here to review</strong></a><span style="font-weight: 400;">, select “Ratings and Reviews” and “Write a Review” and tell me what your favorite part of the podcast is. </span></p> <p> </p> <p><strong>Today's episode:</strong></p> <p><span style="font-weight: 400;">[00:38] Why this month feels different, in a good way! </span></p> <p><span style="font-weight: 400;">[01:21] The common theme that I have recently noticed amongst FinTech founders.</span></p> <p><span style="font-weight: 400;">[01:58] A founder who I worked with in the past who hired someone to play the “bad cop” role.  </span></p> <p><span style="font-weight: 400;">[03:55] Reasons that founders don’t want to push back against compliance officers, and why this isn’t the right mindset to have. </span></p> <p><span style="font-weight: 400;">[04:52] Why decisions around compliance issues usually fall onto the shoulders of fo