Designing Compliance Controls that Stick with Verizon’s David Kass

It’s more than possible to build an internal culture of compliance while sustaining trustworthy relationships with hundreds, even thousands, of third-party contractors.It’s just a matter of designing the proper controls for your organization and recognizing what works for individual third parties. You can, indeed, have the best of both worlds.In this episode, David Kass, Chief Compliance Officer at Verizon, highlights what’s at the heart of corporate compliance: flexibility, transparency, and ethicality in the workplace. Learn more about addressing conflicts of interest, deploying effective communication strategies with third-party partners, and designing control systems that guarantee enduring solutions.You won’t want to miss it.Resources:David Kass’s LinkedIn: https://www.linkedin.com/in/david-kass-b0b9629/About Verizon: https://www.verizon.com/ In this episode, you’ll learn: Why flexibility, integrity, and ethical behavior are significant to company cultureHow to use third-party risk management strategies to create sustainable partnershipsThe key role practitioners play in shaping compliance cultureJump into the conversation:[03:10] The landscape of David’s teams at Verizon[07:44] Designing controls to make compliance solutions stick internally[13:56] Maintaining trustworthy and compliant relationships with third parties[21:29] Differentiating third-party risk management controls[25:30] The relationship between third-party risk management and sourcing[33:30] Dealing with conflicts of interest