Former NACFB Compliance Manager Joins Fiducia
The Fiducia Group are delighted to welcome Erica Meredith to Fiducia Commercial Network.
The former NACFB Compliance Manager will join Fiducia Commercial Network as Head of Compliance.
She will steer Fiducia Commercial Network as they grow their ever expanding network of Appointed Representatives – providing professionals across the UK with the ability to provide commercial funding opportunities for clients.
Erica joins as head of Compliance having enjoyed more than 15 years working in the financial services sector across commercial finance, corporate banking and compliance.
Marcus Grimshaw, said: “I’m delighted to welcome Erica to the Fiducia Commercial Network team.
“The Network is growing at such a pace it was right that we searched for and appointed a recognised industry specialist to lead and grow our compliance department.
“Compliance is at the heart of what we do and she will help to steer our Appointed Representatives to deliver best customer outcomes and a consumer duty of care second to none.
“Those two factors have created a key pillar in our proposition over the last 18 years and we continually strive to raise the bar.
“It pleases me that trade bodies and the FCA are catching up with Fiducia we welcome full and complete FCA oversight in the Commercial finance world.
“We believe Erica’s experience in this sector, her ethos and high standards and entrepreneurial approach will attract and retain the right type of commercial finance brokers, whilst instilling and evolving our compliance function for the good of all.”
“So many business are trying to hold off for self-serving reasons. We know full regulation is coming and we welcome it.
“We believe Erica’s experience in this sector, her ethos and high standards and entrepreneurial approach will attract and retain the right type of commercial finance brokers, whilst instilling and evolving our compliance function for the good of all.
“Our search for the best people in the industry that have clearly aligned vision and values and those who want to help us change this sector of financial services for the better are always going to be of interest to us.
“Erica matches all of these qualities and we are delighted to have her as part of our senior leadership team ”
Erica is hugely experienced and well-connected. She created and implemented the Minimum Standards Review and Assurance Consultation Process and created and developed and launched the NACFB Broker Academy.
Erica had been an Advisor to the Senior Policy Advisor regarding renewable sector and the role of finance for DECC (now BEIS) and was a panellist interviewed by Naga Munchetty on the topic, ‘Have the regulators lost their teeth?’
Erica, said: “I joined Fiducia to make a difference and for the company to be the network of choice, by bringing clients excellent choice of product, fair value, good outcomes and a professional service.
“With my 15 year’s experience in financial services, mainly in commercial and corporate finance for which 11 years were in compliance, I have the knowledge and understanding of the commercial broking world and able to find solutions for the company enabling the brokers to find the best outcomes for our clients.”
Erica begins her new role at the Fiducia Commercial Network with immediate effect.
The Fiducia Network is part of the Fiducia Group of companies, founded in 2001 by industry veteran Marcus Grimshaw and Anthony Scott.
The former commercial and private bankers have assembled a team boasting more than 200-years of financial expertise and exceptional portfolio management.
They believe the Network shifts the traditional transactional nature of the finance broker industry to more of a relationship management, providing clients with wealth management, pensions and protection needs.
The Fiducia Network is open for anyone to join subject to due diligence, onboarding and training.
The Network already includes former commercial bank managers, residential mortgage brokers with commercial clients, finance brokers, accountants, solicitors, tax advisers and commercial property agents.
Members are able to provide a full range of commercial finance solutions including Commercial Mortgages, Bridging Finance, Property Investment, Development Finance, Business Loans, Invoice Finance, Trade & Supply Chain, Asset Finance and Vehicle Solutions.
Fiducia Network Members also receive Professional Indemnity Insurance (PI) and membership to the National Association of Commercial Finance Brokers (NACFB).
Fiducia Commercial Solutions provide members will complete support including business support, compliance, system and admin support.