The Practical Guide to Proficiency for the Compliance World
It was Malcolm Gladwell who first said that in order to master any field, you need 10,000 hours of practice. If we translate that to the working world, that equates to just about 5 years. Unfortunately, as risk and compliance professionals, we don’t have the luxury of time when it comes to mastering alert and case investigations. In fact, we need to become proficient in less than a tenth of that time – alerts will keep building up because suspicious activity, fraudsters, terrorists, money launderers, and other criminals won’t just wait around in one place long enough for us to catch them. So then, how can we accelerate the learning process to get ahead of the game and minimize the time to mastery?