Business lender White Oak has announced the appointment of Natasha Powell as Director of Risk & Compliance.
Powell will take the lead on managing the firm’s regulatory compliance risk framework as part of White Oak’s commitment to regulatory excellence. The role will involve identifying, assessing, and reporting on risks; providing oversight and challenge to the business’s execution and adherence to its regulatory obligations; and managing the firm’s ongoing relationship with the UK Financial Conduct Authority.
Powell has over 15 years of experience in financial compliance and regulatory roles, previously she headed up her own compliance consultancy firm advising European hedge funds, asset managers and prime brokerage firms on effective compliance strategy and framework implementation. Prior to working as a consultant, Powell spent 10 years in senior compliance roles at RBS, Schroders and Barclays Capital. she also worked as a European regulatory policy expert at the Financial Services Authority now the Financial Conduct Authority.
Commenting on the appointment Andy Davies, Managing Director of White Oak Leases & Loans, said “We are delighted with the appointment of Natasha. At White Oak, we believe that treating customers fairly is at the heart of our culture and practices. Over the last year, we have attracted over 1,000 new customers through our highly successful CBILS programme which provided £315m of funding to the UK economy. As these businesses begin to recover from the pandemic, they will need further support and White Oak is launching several new product initiatives in order to support, including asset finance, invoice finance, office refurbishment loans in addition to its full suite of working capital solutions.”