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Alan C.

Serious Passion for Regulatory Compliance | Strategic Advisor | Investing in the Future of Fintech - CCO, Marqeta (opinions are my own/not financial advice)

Professional Background

Alan C. is a distinguished professional with over two and a half decades of experience in regulatory compliance within the financial services industry and capital markets. His extensive career is rooted in a genuine passion for the transformative potential of FinTech and RegTech innovations. Alan is dedicated to fostering innovation and growth that refine the operational frameworks and enhance the value of a wide range of financial service entities including banks, broker-dealers, online lenders, money transmitters, cryptocurrency firms, venture capitalists, registered investment advisors (RIAs), and more.

Currently serving as the Chief Compliance Officer at Marqeta, Alan is strategically positioned at the forefront of redefining payment experiences on a global scale through the application of modern technology. His previous role as the Enterprise Chief Compliance Officer at SoFi Technologies saw him playing a crucial part in developing a comprehensive Compliance Management Program in line with the company’s extensive portfolio. Here, he was instrumental in establishing and securing regulatory approvals for various financial entities, which included the significant approval for an OCC chartered bank, marking an important milestone in his professional journey.

Alan's career trajectory is characterized not just by his professional roles, but also by his unwavering commitment to building robust compliance frameworks from the ground up. He has adeptly guided both emerging FinTech and established financial firms through complex regulatory landscapes. For nearly a decade, Alan founded and led a compliance consulting firm, showcasing his entrepreneurial spirit and a dedicated commitment to his field.

Education and Achievements

Alan's academic background is a testament to his dedication to lifelong learning and professional development. He holds a Professional Certificate in Coding with a focus on Full Stack Development using the MERN stack from the Massachusetts Institute of Technology (MIT). Furthermore, he attended the Georgetown University FINRA Institute, completing the CRCP Program, which covers foundational theories and practical applications of securities laws and regulation.

In addition to this, Alan has pursued advanced studies in Financial Technology, the implications of Distributed Ledger Technology (DLT), and Digital Advice from MIT, reflecting his forward-thinking approach to compliance and finance in the digital age. He has also studied Lending and Deposit Compliance at the American Bankers Association, acquiring foundational, intermediate, and advanced knowledge crucial for navigating the compliance landscape effectively. His educational pursuits include a focus on Financial Mathematics from Seminole State College of Florida, which enriches his analytical skills in assessing compliance risk.

Alan's dedication to the compliance profession is evidenced through his noteworthy accumulation of numerous securities licenses and certifications. Notably, he holds Series 4, 7, 9, 10, 24, 27, 53, 55, 63, 65, 79, and 99 securities licenses. Additionally, Alan is recognized for holding several esteemed professional certifications, including CRCP (Certified Regulatory Compliance Professional), CRCM (Certified Regulatory Compliance Manager), CAMS (Certified Anti-Money Laundering Specialist), CGSS (Certified Global Sanctions Specialist), and CIPP/US (Certified Information Privacy Professional/United States). He is also a designee of the CFA Institute's CIPM (Certificate in Investment Performance Measurement) program.

Notable Contributions and Affiliations

Alan's approach to compliance transcends basic regulatory obligations; he views compliance as a vital, dynamic component of business success. His extensive involvement in various industry panels and committees highlights his commitment to the highest standards of integrity and professionalism within the financial services industry. He is notably a FINRA District Committee appointee for the Western Region and serves on the FINRA Dispute Resolutions Roster, as well as the CCIM Professional Standards Roster.

During his career, Alan has held prominent roles within several organizations, reflecting his strategic influence and insights. He has served as the Chief Compliance Officer for Marqeta, a company innovating in the payments technology arena, and acted as a Strategic Advisor - Regulatory for Tennis Finance and Universal Ledger. His advisory roles extend to engaging with early-stage FinTech and RegTech companies through Obsepio, as well as regulatory advising for SoFi in his capacity as Regulatory Advisor - Enterprise CCO Transition.

Alan's past roles also include serving as the SVP, Enterprise Chief Compliance Officer at SoFi, where his leadership was critical in navigating the complex world of financial compliance. His insights as Chief Compliance Officer & AMLCO at FlashFunders, combined with his experience on various FINRA committees, showcase his deep commitment to enhancing compliance frameworks across multiple platforms. Furthermore, his leadership role as Chair of the Capital Markets Committee at the Alternative & Direct Investment Securities Association (ADISA) emphasizes his capacity to influence policy and practice in the financial services industry significantly.

Additionally, Alan has contributed as Chief Risk Officer & AMLCO at SCF Securities, Inc., involved in strategizing compliance protocols within the capital markets. As a LEED Advisor at Charter Pacific, he has integrated sustainable practices into compliance strategies, reflecting his multifaceted outlook on financial services and regulatory compliance. His extensive background working with various organizations, including acting as a Finance and Technology Advisor and Independent Board Member, showcases his ability to leverage his expansive knowledge for the growth and integrity of financial institutions.

Conclusion

In conclusion, Alan C. is a highly accomplished compliance executive with a vibrant career rich in experience and professional achievements. His diverse expertise in regulatory compliance, coupled with a passion for the innovations brought forth by FinTech and RegTech, underpins his contributions to the field. Alan stands out not only for his substantial regulatory knowledge and extensive licensing but also for his ability to view compliance as a powerful enabler of business success. His commitment to fostering a compliant yet innovative financial landscape positions him as a leading figure in shaping the future of the financial services industry.

Related Questions

How did Alan C. develop his expertise in regulatory compliance within the financial services industry?
What innovative strategies has Alan employed at Marqeta to redefine payment experiences?
How did Alan's education at MIT and Georgetown influence his approach to compliance in FinTech?
What role did Alan play in securing regulatory approvals at SoFi Technologies, particularly regarding the OCC chartered bank?
How has Alan's previous experience as a regulatory advisor shaped his current responsibilities at Marqeta?
In what ways does Alan view compliance as an integral part of business success rather than merely a regulatory requirement?
What notable contributions has Alan made to various industry panels and committees throughout his career?
How does Alan stay current with emerging trends in FinTech and RegTech to enhance compliance practices?
What impact has Alan had on the evolution of compliance frameworks in the FinTech sector over his career?
What motivates Alan's entrepreneurial spirit in founding a compliance consulting firm, and how has it influenced his professional journey?
Alan C.
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Location

Boise, Idaho, United States