A Chief Compliance Officer (CCO) is a senior executive responsible for ensuring that a company adheres to legal standards and internal policies. The CCO develops compliance programs, conducts audits, and provides training to employees about regulations relevant to the industry. This role is crucial in preventing legal issues and maintaining the company's reputation. The CCO often collaborates with other departments, such as legal, finance, and human resources, to create a culture of compliance throughout the organization. They report directly to the CEO or the board of directors, ensuring that compliance is prioritized at the highest levels of management.