From Compliance Expert To Entrepreneur: Risks, Decisions and Opportunities | Faisal Islam

What happens when you leave a successful career to build something of your own? In this episode of Risk Explained, I speak with Faisal Islam about his journey from compliance professional to entrepreneur, the challenges he faced along the way, the mistakes he made and the lessons he learned from them. We discuss the realities of working in compliance, the transition into entrepreneurship, what failure can teach you, and how experience shapes the way you make decisions when building a business. Faisal also shares his perspective on selecting RegTech providers, the skills organisations need within strong compliance functions, and how AI may influence the future of compliance. This conversation is for professionals considering a career change, aspiring entrepreneurs, compliance and financial crime professionals, and anyone interested in what it really takes to build, fail, learn and keep moving forward. Chapters: 00:00 Meet Faisal Islam 02:54 The day-to-day challenges of compliance officers 06:24 From compliance to entrepreneurship 19:11 Learning from the past to build the future 24:23 Dreamers and doers: Turning ideas into action 25:56 Selecting the right RegTech provider 33:21 The future of compliance and AI 42:01 Choosing the right technology 47:46 Skills required for a strong compliance function 51:15 Is compliance the right career for you? Subscribe to Risk Explained for practical conversations about risk, compliance, financial crime and business decision-making.