mentoring the next generation of risk & compliance leaders

The NABCRMP Coachloop Program, powered by MentorLoop,  is a cross-industry mentorship program  designed to empower and support Black college students majoring in compliance/risk management related majors, as well as individuals with a strong interest in these fields, including early-career compliance/risk professionals with less than 5 years of experience. This program aims to foster personal and professional growth, provide guidance, and create a strong network of mentors and mentees within the compliance and risk management community. 

The CoachLoop mentoring program is intrinsically aligned with NABCRMP's mission to increase diversity in Governance, Risk Management, and Compliance (GRC) fields. By nurturing the growth and development of the next generation of professionals, this program embodies our commitment to fostering a diverse and inclusive GRC community. CoachLoop empowers aspiring students and early-career professionals, equipping them with the knowledge, skills, and guidance necessary to excel in the GRC industry. Through mentorship, skill development, and networking opportunities, CoachLoop not only enhances individual career prospects but also contributes to the overall strength and dynamism of the GRC landscape. This initiative exemplifies our dedication to promoting excellence, diversity, and inclusivity, ultimately bolstering the integrity and effectiveness of GRC practices across various industries and sectors. 

Program Objectives:

• Mentorship:  Pair Black college students and early-career professionals with  experienced mentors who can provide guidance, advice, and support   throughout their academic and professional journey in compliance and risk  management.

• Personal  Development: Offer personal development workshops  and resources to help mentees enhance their leadership skills, build   self-confidence, and cultivate a growth mindset.

• Professional   Development: Provide mentees with opportunities to  develop essential professional skills, such as resume writing, interview   preparation, networking, and career planning, to help them thrive in the   compliance and risk management industry.

• Networking  and Connections: Facilitate networking   events, panel discussions, and industry forums where mentees can connect  with professionals, industry leaders, and fellow mentees to expand their  professional network and gain insights into career paths within compliance  and risk management.

• Career  Guidance:   Support mentees in exploring different  career paths, understanding industry trends, and discovering potential   opportunities within compliance and risk management through informational  interviews, job shadowing, and access to industry resources.

Program Components:

• Mentor-Mentee  Pairings: Carefully matched mentor-mentee pairs based on shared interests, career aspirations, and areas of expertise, fostering  meaningful and impactful relationships.

• Regular  Mentorship Meetings: Encourage mentors and  mentees to meet regularly, whether in person or virtually, to discuss career goals, challenges, and professional development opportunities.

• Workshops  and Webinars: Offer interactive workshops and  webinars led by industry professionals, covering a range of topics      relevant to compliance and risk management, including ethics, regulatory      compliance, risk assessment, and corporate governance.

• Networking   and Conference Events: Organize networking events   where mentees can connect with professionals from various industries, gain   industry insights, and expand their professional network. Each mentee will  receive complimentary passes to our annual summit & awards event. 

• Professional  Resources: Provide mentees with access to a curated  collection of resources, including articles, industry publications,  webinars, and online learning platforms, to support their learning and  growth.

• Evaluation anProgramd Feedback: Regularly assess the  program's effectiveness through feedback surveys, evaluations, and  mentor-mentee check-ins to ensure continuous improvement and address any  concerns or challenges.

The NABCRMP Mentorship Program is committed to creating a supportive and inclusive environment where Black college students and early-career professionals can flourish and succeed in the compliance and risk management field. Together, we aim to break down barriers, empower future leaders, and foster a diverse and inclusive compliance and risk management community.

NABCRMP and Mentorloop have collaboratively designed a custom sign-up form to precisely cater to the mentoring needs of our members. This form includes thoughtfully crafted questions that align with essential matching criteria, encompassing career interests, geographic preferences, skill sets, personal goals, and more. Our program employs these criteria to pair participants with the most suitable mentors or mentees, ensuring optimal compatibility and potential for growth.   The cohort based 6-month program, running January-July, offers mutiple networking opportunities and resources to help young professionals achieve their goals.

As our program progresses, participants benefit from a guided experience, complemented by timely reminders and nudges to help them stay on course toward achieving their mentoring objectives. We understand the importance of consistent feedback in nurturing effective mentor-mentee relationships. Therefore, our 'Sentiment' functionality simplifies the process of collecting regular feedback, providing valuable insights into the quality of individual mentoring connections.

Furthermore, our live dashboard features additional health check tools that empower the College to evaluate program performance and effectiveness. These tools offer a comprehensive overview of the entire mentoring program, aiding in benchmarking and facilitating informed decisions to enhance the overall mentoring experience.