largemortgageloans.com hires new compliance manager

The position, a newly formed role for the mortgage broker, involves reviewing and mitigating risks in the business

largemortgageloans.com hires new compliance manager

largemortgageloans.com, a bespoke mortgage advice provider to high-net-worth individuals, has expanded its London team with the appointment of Reshad Rajabally as new compliance manager. 

Rajabally joins from Connect IFA Ltd, where he was head of risk and quality assurance. He has over 20 years of worth of experience gained in compliance-related posts within financial services organisations, including the Bank of England, Investec Bank, Kensington Mortgages and Mantra Capital.

The compliance manager will be responsible for reviewing all areas of risk in the business, setting up and managing systems to mitigate risks, and ensuring that all regulatory obligations are fulfilled by the team.

The position is a newly formed role for the mortgage broker and the first of several new roles to be created in 2022. The brokerage said that due to growing client numbers, it is currently expanding its team of advisers in order to meet demand for larger mortgages, and is looking to announce further appointments in the coming months. 

“We are delighted that Reshad Rajabally has joined us in a newly created role as compliance manager, at a time when the business is positioning itself for growth,” Paul Welch, founder and chief executive officer of largemortgageloans, remarked.

Rajabally said that he was excited to be joining the business, saying his role is going to be key in ensuring the business and its advisers continue to follow compliance best practice when delivering services for clients during the company’s expansion.