Western Circle Welcomes Julie Darmudas as New Director of Compliance
August 27 2024 - 3:11AM
Business Wire
Western Circle is pleased to announce Julie Darmudas's
appointment as the new Director of Compliance. With over 30 years
of experience in the consumer credit industry, Julie brings
extensive expertise to reinforce Western Circle's commitment to
regulatory excellence and ethical lending.
About Julie Darmudas
Julie Darmudas is a Certified Fellow Compliance Practitioner
(FICA), Chartered HR Practitioner (MCIPD), and FCA Authorised Money
Laundering Reporting Officer (MLRO). Her career spans over three
decades, most recently serving as Director of Compliance, Audit,
and HR at CLC Finance, where she led regulatory compliance
programs, ensuring adherence to industry standards, combined with
managing the HR function for nearly 14 years.
"I am excited to join Western Circle and contribute to its
mission of providing responsible financial assistance," said Julie
Darmudas. "In my initial months, I will focus on updating the
company's Consumer Duty plans and compliance training. Looking
ahead, I will proactively identify regulatory changes and embed a
risk-based approach across the organisation to ensure long-term
compliance and regulatory resilience. My goal is to equip all staff
to consistently deliver positive outcomes for customers, prioritise
their needs, and maintain the highest standards of fairness and
transparency in every interaction."
Julie Darmudas's Vision for Compliance
Julie’s vision for compliance at Western Circle focuses on
proactive risk management, continuous improvement, and a
customer-first approach:
- Strengthening Regulatory Adherence: Julie plans to
enhance compliance policies and procedures, ensuring they remain
comprehensive and up to date with the latest regulatory
developments.
- Promoting Ethical Lending Practices: She is committed to
fostering a culture of transparency, fair treatment, and
responsible lending that prioritises borrowers' financial
health.
- Enhancing Customer Experience: Julie aims to align
compliance processes with the FCA's Consumer Duty by ensuring that
they support fair treatment and good outcomes for customers. She
plans make it easier for customers to access and understand
short-term loan products while ensuring their needs are met and
risks are minimised.
Looking Ahead
Julie's leadership will be pivotal as the Western Circle team
continues to innovate and expand its services. The company looks
forward to the positive impact Julie will have on its operations
and its mission to provide responsible financial services.
Please visit https://www.westerncircle.co.uk/ or contact Ofer
Valencio Akerman for more information.
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version on businesswire.com: https://www.businesswire.com/news/home/20240827040694/en/
Ofer Valencio Akerman Group Success Mastermind and Mentor Email:
akerman@westerncircle.co.uk Tel: +44 203 757 1933