Funding Circle names U.S. chief compliance officer

Funding Circle, a lending platform focused exclusively on small business, has appointed Richard Stephenson as U.S. chief compliance officer.

Prior to Funding Circle, Stephenson served as chief compliance officer of Silicon Valley Bank. He has more than thirty years’ experience in various senior roles at U.S. financial institutions and law firms, serving as general counsel, chief compliance officer, chief risk officer, head of internal audit and interim chief executive officer at institutions such as Bank of America, Union Bank, Washington Mutual Bank and Mechanics Bank.