Tag Archive for: Chief Compliance Officer

Marie Bober“I naturally step into a role when there is a dearth of leadership,” says Marie Bober. “It’s just part of who I am – I see the need and think, ‘I got it.’”

From captaining sports teams as a kid to speaking up in moments of silence, taking charge has always felt instinctive for Bober. “I come from a really long line of very bossy women,” she laughs. “I think it’s probably genetic.” While her grandmothers ran their households with authority, her mother broke barriers, becoming one of the first women to earn a PhD in chemistry from NYU in 1972.

That inherited sense of purpose shaped Bober’s own unconventional path. She started college as a chemistry major but quickly pivoted to psychology. Drawn to forensic work, she earned a master’s and spent three years at a pediatric psychopharmacology lab at Massachusetts General Hospital researching ADHD and pediatric bipolar disorder.

“My plan was to go on to get my PhD, but research itself started to feel like a tough long-term path with low pay, questionable ethics in some corners, and not a great ROI if you wanted a sustainable career.”

Still captivated by the intersection of law and human behavior, Bober pivoted again, this time to law school at Northeastern University. Being a part of Northeastern’s distinctive co-op program allowed her to try a little bit of everything: working with a solo practitioner, in a judge’s chambers, the DA’s office, and an in-house legal team.

“In-house was by far my favorite, but you don’t just go from law school to in-house,” says Bober. Instead, she built her experience through small firms, auditing work, and ultimately opened her own practice while keeping her eye on the long game.

Bober’s diligence paid off when a friend offered her an in-house legal role at Gracie Asset Management, a Moelis subsidiary. The only catch was the job was in New York, which meant that Bober and her wife had to live long distance for a few years. When Gracie had a key man event resulting in steep layoffs, Bober moved over to the parent company. After a few internal moves – and the sudden loss of a friend that left a senior counsel role vacant – she was promoted into her current role as Chief Compliance Officer and Senior Counsel at Moelis Asset Management.

Breadth that Delivers

Looking back on what has helped her succeed, Bober points to adaptability and a breadth of knowledge, both of which are essential in a role that spans legal and compliance.

“To be in this particular role, you can’t be rigid or precious,” she explains. “We’re an entrepreneurial business…everybody’s got to do a little bit of something, and you have to be okay with that. We’re always thinking about new strategies, markets to tap and ways to get clients. It’s flexibility and a willingness to pick up the next thing and learn.”

Bober points to the growth of the business as another part of what requires adaptability: “when we started, we were private equity. Now we’re private equity, broadly syndicated loans, direct lending, seeding of emerging managers, venture capital.”

As the business expands, so too does Bober’s knowledge base, which is necessary for her to guide legal and compliance issues.

“I call myself a triage nurse because there are certain areas that I’m deep in, like fund formation or structuring, but then I also have to be able to direct counsel for things like litigation, tax matters, or employment. I might not be an expert on all those issues, but I must be conversant enough so that my subject matter experts can direct me effectively.”

What They Didn’t Teach in Law School

Beyond technical range and flexibility, Bober believes that one skill rises above the rest when it comes to lasting success: knowing how to navigate people.

“How to handle and approach people is key; it gets you so much further than even your technical knowledge,” she emphasizes. “One of the things law school doesn’t teach you is that if you’re a practicing lawyer in a firm, networking is 98% of your job. To be a partner at a law firm means that you bring in a good amount of business.”

Bober adds, “My boss likes to joke that he thinks that my psych degree sometimes helps me more than my law degree because it definitely gives you a framework for understanding people.”

That understanding shapes the way Bober communicates, builds relationships, and earns trust, especially in the context of leadership and knowing how to manage in all directions.

“Managing up is a skill that’s rarely taught, and it matters just as much as managing direct reports. I’ve learned how to communicate differently depending on who I’m talking to, and how to present something in a way that gets the right response.” As Chief Compliance Officer, she often needs people to act on specific requests and ideally, do so with genuine buy-in. “I’ve seen people try to lead through fear or pressure, but that only works for so long. Eventually, people tune you out.”

It is a message she impresses on junior staff as well: “be proactive, message appropriately, be polite and respectful, and if you make a mistake or get it wrong, have the ego to walk it back and take responsibility. It builds trust.”

Leadership as a Team Sport: Fostering Growth Over Competition

In an industry known for individual ambition, Bober takes a different approach to leadership; one that is shaped by hard-earned lessons and a clear sense of the kind of environment she wants to create.

“I’m a competitive person,” she says, “but I try not to be competitive at work. That’s not the environment I want to foster.”

Earlier in her career, Bober saw firsthand how toxic leadership can erode trust. She recalls a former manager who guarded her influence closely and refused to use any of her political capital to support others.

“When my mom passed away, I got two days of bereavement. Other department heads had given people the full week, but my boss told me if I wanted the extra time to attend the funeral, I’d have to use vacation days. She didn’t want to spend any of her political capital justifying why I was not billing or there for that week.” That experience left a mark, but also a guidepost: “It taught me exactly the kind of leader I don’t want to be.”

Now, as a senior leader herself, Bober sees mentoring others not as a threat, but as part of what defines strong leadership. She draws inspiration from Brazilian Jiu Jitsu, a sport she trains in outside of work.

“My coach always says he never hides the best parts of his game because if someone can master it in two weeks and beat him, they deserve to win.” The same philosophy, she says, applies in leadership. “Helping my associate grow, bringing her along and giving her what I can to help her succeed doesn’t threaten me; it strengthens the team, and if I ever move on, she’s ready to step in.”

Success, On and Off the Mat

Whether she is preparing for a Brazilian Jiu Jitsu tournament in New Jersey or aiming for another podium finish at Masters Worlds in Las Vegas, Bober brings the same focus and drive to the mat that she brings to her role at Moelis. A two-time Masters World Champion as a brown belt and now a black belt competitor, she thrives on the discipline and challenge of competing and on the fulfillment it brings outside the office.

That mix of ambition and purpose is intentional. “I strove to have an in-house position. I strove to have work-life balance in my career,” she says. “And I think I’m in a spot where I can do both.”

For Bober, success is not about chasing the highest title or the biggest paycheck. It’s about feeling grounded, challenged, and able to pursue what matters. “I can sing in a rock choir on Tuesday nights. I can do jiu jitsu. That’s what makes it all worth it.”

By Jessica Robaire

Kathy Jordan headshot
“When I look back on my career, I didn’t follow a linear path in one field because I was always open to opportunity when it knocked,” says Citi’s Kathy Jordan.

“If you’re willing to take a risk and give it a go, great things can happen.” That advice has followed her along the winding path from her first job as a Citibank teller, which helped pay for college, to her most recent promotion overseeing compliance for all of Citi’s U.S. consumer banking businesses.

The key is to take on growth opportunities as they arise, even if it’s not precisely within your field, Jordan says. “Opportunities are there,” she says. “Just remember that even when it doesn’t feel like it will be an easy or familiar road, it can still be a path to opportunity. Just set your sights on the goal, and give it all you have, without worrying that it might not be attainable.”

“Don’t limit yourself to one field if the chance arises to do something else that might be just as fulfilling,” she says, noting that this is increasingly true as you move into more senior level positions.

Windows of Opportunity

Jordan went to college with initial plans of becoming a doctor, but she soon shifted her focus to finance and became a banker, before attending law school and eventually working her way back into financial services and becoming a compliance officer.

She left her law firm to join the in-house counsel team with a former client, a boutique bank, where she focused mainly on mortgage issues. This led to an offer to take an in-house legal position at Citibank that gave her a chance to work more broadly across the entire consumer banking business. It was at Citi, in the early 2000s, that she made her biggest jump as changing regulations led banks to create dedicated compliance teams, separating roles that had previously been overseen by the in-house legal teams. “I wasn’t sure just what I was getting myself into, it wasn’t a clear path, but I saw an opportunity to make my mark in something new so I went for it,” she said.

In general, she suggests that you keep an eye out for new opportunities as industries shift. “You have to determine what is in demand and think more broadly about your career,” she says. “There’s no perfect answer to what jobs you should take along the way. The job you take at one moment might not be your dream job, but it may help you get there.”

Finding Advocates To Grow Your Career

“There are always people out there who can help you when you’re struggling—whether it’s with a specific problem or a career change,” says Jordan. She realizes the importance of finding those champions, and says she rarely makes a move without consulting with people who have her best interests at heart while bringing different perspectives. “Even when you’re starting out, it’s critical to find a circle of advisors who have more experience, whom you can call upon for input.”

It’s also incumbent upon women to share their successes, she says, adding that women don’t always speak as freely about their accomplishments as men. “I have had to work on owning my success,” Jordan says. “Modesty is important, but candor is better.”

She shares that recommendation with other women both at Citi and outside of the bank.

The retail bank has a robust program designed to reach minorities and people of color to motivate them toward larger roles.

Jordan looks back on the role her family played in her career with appreciation, and says she currently spends a lot of time with her parents. “I want to make sure they’re happy, as they sacrificed a lot for me,” she says. “Although neither of my parents had the opportunity to go to college, it was extremely important to them that I had the chance – and they structured everything to make my higher education a priority.”

Musically inclined, Jordan loves the opera and plays the organ in her spare time. “For many years I played in church congregations,” she says. “It is very soothing and helps melt away the stress of the day.”

This summer, Jordan was also named a member of the Banking Law Committee of the New York City Bar Association. This affiliation gives her an opportunity to step back and refresh her legal contacts, while becoming involved in discussions with senior lawyers across New York about cutting edge issues in banking law.