LENDINGCROWD has appointed Robbie McKenzie to the newly created post of general counsel and chief risk and compliance officer.
McKenzie (pictured) joins the Scottish-based peer-to-peer lender from Pollen Street Capital where he held a similar role.
He has also held senior legal, risk and compliance roles at Avant, Dollar Financial Group, Bank of Scotland and RBS.
“Few organisations of our size employ an in-house general counsel,” Stuart Lunn, founder of LendingCrowd, said.
“However, LendingCrowd is committed to being a leader in regulation and compliance, rather than simply meeting our statutory obligations.
“We were one of the first fintech lenders to receive full Financial Conduct Authority authorisation and our robust credit decisions are supported by our cutting-edge proprietary technology and the experts in our credit team.
“I am delighted to welcome McKenzie to the team and look forward to him playing a leading role in ensuring we meet the highest regulatory standards as we continue on our ambitious growth strategy.”
A dual-qualified lawyer holding practising certificates in both Scotland and England, McKenzie will lead LendingCrowd’s legal, risk and compliance function and act as anti-money laundering officer.
He will have a particular focus on ensuring the platform complies with incoming P2P regulations from December.
“These are exciting times for LendingCrowd and it is a real privilege to be joining them as we embark upon the next phase of our growth story,” McKenzie said.