Compliance Risk Concepts, a compliance consulting firm, has added two new senior executives to its team: Elin Cherry as principal and head of capital markets, and Roland Reyes as director of professional services.

Cherry previously was director and head of Business Unit Compliance for CIT Group, where she had responsibility for the U.S. business compliance programs, business unit compliance officers, broker-dealer compliance, and the CIT Bank team. Previously, Cherry was at Societe Generale, where she served as managing director, head of global markets compliance, and deputy director to the chief compliance officer. She also worked in senior compliance roles at Deutsche Bank Securities and Banc of America Securities.

Reyes will be responsible for the business development and execution of compliance engagements. Most recently, he was director at Wells Fargo securities’ compliance department, where he was responsible for overseeing the equity derivatives compliance program covering structured products, corporate and equity derivatives, convertible securities, and equity finance sales and trading desks. Prior to Wells Fargo, Reyes worked in compliance at Bear Stearns, JP Morgan, and Salomon Smith Barney.