New York (February 13, 2022) — LendKey, the leading lending-as-a-service platform for banks and credit unions, announced today they have named David Mark Chief Legal Officer and Head of Regulatory Compliance.
Mark has held key positions of increasing responsibility since joining LendKey in 2011, most recently serving as SVP, General Counsel and Head of Compliance. His newly expanded role helps LendKey stay on top of the increasing complexity of laws, rules, and regulations present in today’s regulatory environment.
“David has held key positions of increasing responsibility since joining LendKey, and has always showcased diligence, legal acumen, and an unrelenting work ethic,” said Vince Passione, CEO and Founder of LendKey. “His leadership has been fundamental to our ability to remain compliant and is key to our continued growth.”
Mark oversees legal, compliance, and internal audit to ensure compliance with federal and state consumer financial services laws and regulations, and his experience extends to managing matters related to advertising, intellectual property, employment practices, and corporate law. He is an active member of the Conference on Consumer Finance Law, American Bar Association Consumer Financial Services Section, and Association of Corporate Counsel.
“We place a very high emphasis on creating a culture of compliance within LendKey,” Mark explained. “I look forward to our future growth and continuing to provide our clients and their consumers with beneficial loan products and services.”
LendKey delivers high-quality consumer loans directly to financial institutions through its digital lending-as-a-service model and indirectly through ALIRO by LendKey, an innovative deal network designed to enable financial institutions to buy, sell and broker loans. The platform delivers the technology, servicing, and support financial institutions need to establish a strong digital lending presence, acquire loans for their balance sheets, and build lifetime relationships with their partners and customers. Lenders optimize their offerings by drawing upon LendKey’s fintech platform for demand generation, online decisioning, loan origination, loan servicing, compliance expertise, risk analytics, and proprietary balance sheet options. LendKey has helped community-capital providers deploy over $5 billion in loans since 2009. Visit LendKey for more information.