Premium Credit has appointed James Wilson (pictured) as its new chief risk officer, with responsibility for leading the company’s legal, risk, and compliance functions.
In his new role, Wilson will join Premium Credit’s executive team and report directly to chief executive Tara Waite.
Read more: Premium Credit names new CEO
A past regulator, Wilson brings extensive risk and regulatory experience and has operated at a senior level within various financial services organisations over the last 30 years, including his most recent executive role at TD Wealth International. Additionally, he has extensive board experience and a strong pedigree in the implementation of compliance, risk, and governance frameworks across a range of businesses.
Wilson has held a variety of regulatory approved persons positions, including compliance oversight, risk management, and money laundering reporting roles. He is a member of the Personal Finance Society (DipPFS) and fellow of the Chartered Institute for Securities and Investments (FCSI).
“Underpinning our proposition is a robust approach to risk helping our customers to flourish within our industry’s legal and regulatory structure,” said Waite. “We are delighted that James will lead this process going forward. He has a strong background and a thorough knowledge of the financial services sector, and this understanding will be invaluable as we systematically grow the business and support our partners.”