Compliance drives positive outcomes at Avanti Finance

Heads of risk, property discuss 'customer first' approach

Compliance drives positive outcomes at Avanti Finance

Avanti Finance views compliance and regulation as an integral part of its business, driving positive outcomes for its people, advisers and customers.  

The non-bank lender ensures that its strategic goals are reviewed regularly, to ensure they align with its corporate values.

A consistent approach is applied to its product enhancements, its adviser network and the market. 

 Olivia Meo-Groser (pictured above left) was recently appointed to the role of chief risk officer, responsible for Avanti Finance’s compliance with regulations and legislation.

Formerly general counsel and head of operational risk and compliance at humm group, she has more than 15 years’ experience in financial services.

“One of my goals this year as CRO is to increase the automation we use for risk management, to strengthen Avanti’s ability to have an up-to-date view of risks, controls, and assessment results,” Meo-Groser said.

As leader of the company’s risk management function, Meo-Groser ensures that all areas of the business have access to legal advice, and is responsible for the company’s strategic, operational, financial and compliance risks.

She supports and develops company objectives and growth through leadership of the credit risk and enterprise risk functions.

Avanti Finance head of property Ian Boyce (pictured above right) said that compliance was a key driver of positive customer outcomes.

"Compliance and regulation are generally focused on what is best for customers: at Avanti we always put customers first,” Boyce said.

“Being fully compliant helps us demonstrate we are living up to this and providing the best customer outcomes."

Working with mortgage advisers

Avanti Finance recently supported several regional and national aggregator professional development days and conferences.

“[This] enables Avanti to build and strengthen relationships with our business partners and advisers while promoting our broad product offering available to their clients,” Meo-Groser said.