Mortgage lender Cole Taylor Bank hired Tamina O'Neill as group senior vice president and chief compliance officer.
With the recent influx of regulations, banks are starting to buffer their employees to ensure compliance.
Previously, O'Neill worked for The Private Bank and Trust Company, where she was managing director and senior risk officer, overseeing enterprise risk management and operational risk programs.
Randall Conte, executive vice president, chief financial officer and chief operating officer said, "Compliance is a critical strategic and operational part of our organization. Because we place such a high priority on these matters, finding the right person to review, develop and enhance our comprehensive compliance management program was imperative."
He added, "Tamina's experience and expertise make her the perfect person for this position and I couldn't be more gratified that she's joined us."