VeriComply, a company that automates the verification of marketplace loans for the secondary market, announced on Thursday it appointed former LendingClub executive, Roger Dickerson as its new president as it prepares to expand into the marketplace lending industry.
According to VeriComply, Dickerson served as Vice President of Finance Operations at LendingClub where he oversaw investor operations. These operations included processes and technology for order fulfillment, reporting, custody, cash and asset documentation. During his 5-year tenure, Roger facilitated approximately $23 billion of loans to institutional investors. Before joining LendingClub, he was CFO and CCO at PageMill Partners, which provides M&A advisory services to the technology industry.
Speaking about Dickerson’s appointment, Roger Cohen, CEO of VeriComply, stated:
“Roger Dickerson brings deep expertise in implementing solutions for LendingClub to facilitate loan sales, financings and securitizations of marketplace loans. He can now leverage that unique skill set with the VeriComply technology and processes to help the entire Marketplace Lending industry build greater trust of institutional investors.”
“After my career at LendingClub, I had many opportunities, but chose VeriComply as it has the technology, expertise and solution minded culture to help Marketplace Lending instill even greater investor trust in the loans. I am excited to be leading the effort to bring these solutions to the industry.”