Consider the organisational structure in Figure . The reporting structures are represented by the lines between each role. 

 

Describe points of conflict that might result from the position of the compliance officers in the organisational chart in relation to the other employees. Once you have described these points, describe how the reporting lines can be structured more appropriately.

• Are the compliance officers of the two branches independent?
• What is the relationship between the branch managers and the compliance officers?
• To whom would the compliance officers be able to report their concerns?
• Considering the importance of an independent compliance function, how effective is the current reporting structure?
• How does the organisational structure impede the mandate of the compliance function?

Transcribed Image Text:

Branch compliance officer Facilities coordinator Regional compliance office Branch manager Senior sales consultant Senior support consultant Additional reporting lines Branch compliance officer Facilities coordinator Regional manager Branch manager -Team composition lines Senior sales consultant Senior support consultant Branch compliance officer Facilities coordinator Regional compliance office Branch manager Senior sales consultant Senior support consultant Additional reporting lines Branch compliance officer Facilities coordinator Regional manager Branch manager -Team composition lines Senior sales consultant Senior support consultant

Answer rating: 100% (QA)

Points of conflict Dual reporting The branch compliance officers have a dual reporting line to both the branch manager and the regional compliance office This could create conflict if the branch manag... View the full answer