Wimbleton will be responsible for ensuring the master brokerage continues to adhere to the FCA’s regulatory framework.
Positive Lending has hired Alec Wimbleton as compliance and business assurance director.
Wimbleton will be responsible for ensuring the master brokerage adheres to the FCA’s regulatory framework.
He said: “I relish this chance to manage Positive’s compliance and influence the business. My experience of financial compliance is wide and long ranging.
“Many years ago when I worked in branch review at Abbey, I enjoyed educating brokers on compliance; today I am working closely with the Positive’s team to deliver a continuous compliance training programme.
“Over the years I have studied for my full FPC (Financial Planning Certificate), CeMAP, Equity Release and my level 4 Diploma in Financial Planning.”
Wimbleton joined Positive as an account manager across all loan products in July 2014 and before that held compliance roles for banks and financial institutions.
He added: “I have first-hand experience as an intermediary, having been a directly authorised broker, accountable for compliance and money laundering. I have also run compliance teams for both Santander and Deloittes. Outside of ‘work’ I lectured in finance at Bournemouth and Poole College.
“Positive Lending is a fast growing but incredibly well structured packager that takes compliance extremely seriously. I am delighted to take on the challenge of making sure everything we do, as individuals or as a company, is compliant and meets regulatory requirements.
“From producing compliance processes and guides, through to overseeing the gifts register, I will ensure Positive remains a leading intermediary when it comes to compliance and regulation.”
