113 - Boomers’ Mentality Can Paralyze Your Compliance Team (Even When They Are Millennials)

Compliance That Makes Sense

Is your team suffering from Boomers’ Syndrome? If the answer is yes, you are not alone! Tune in today to hear why the traditional approach to compliance is so problematic in today’s world and what you can do to help your team move away from it.

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Today's episode:

[00:40] The focus of today’s episode: the problem with Boomers’ Syndrome and what to do about it.

[01:33] Questions to ask yourself to determine whether your compliance team is suffering from Boomers’ Syndrome.

[03:38] Why even young, smart people contract Boomers’ Syndrome.

[04:01] Institutional environments that Boomers’ have grown up in.

[05:18] What many compliance officers think their job is.

[05:56] An overview of what the traditional compliance approach looks like in practice.

[07:45] A brief explanation of the agile approach.

[08:20] Why the agile approach makes most compliance offers feel uncomfortable.

[09:07] The tensions between compliance teams and other teams within many FinTech organizations.

[09:47] The problem with compliance education.

[11:35] What to do if your team is suffering from Boomers’ Syndrome.

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