DAVIE, Fla., July 26, 2022 /PRNewswire/ — BHG Financialthe leader in unsecured personal and business loans and the creator of one of the nation’s largest networks of community banking products and loans, calls industry veteran Matt Ondus as chief compliance officer.
BHG Financial appoints Matt Ondus as Chief Compliance Officer
Matt Ondus joins BHG bringing over 35 years of regulatory compliance experience in the public and private sectors and is an expert in consumer protection laws and regulations. Prior to joining BHG Ondus was a principal at Promontory Financial Group, a national bank commissioner examiner for the OCC and a senior examiner at the CFPB.
“To be chosen to lead a compliance risk management program at one of the most dynamic Fintech lenders in the country is truly an honor for me,” he said. Matt Ondus, Chief Compliance Officer of BHG Financial. “BHG Financial has experienced tremendous growth over the past 13 years in terms of volume and loan product offerings. Executive Management is committed to building and maintaining a better compliance program to manage risk and, most importantly, serve appropriately your customer base.”
In this role as the company’s Chief Compliance Officer, Ondus has been actively involved in assisting BHG Financial with the ever-changing regulatory landscape. Ondus oversees a 43-person compliance, regulatory and legal team to maintain the day-to-day operations of BHG Financial with a significant focus on managing the myriad of state laws and keeping abreast of the ever-changing regulatory landscape.
“Matt Ondus has been a trusted resource in the compliance industry for decades,” he said Al Crawford, co-founder, president and CEO of BHG Financial. “He has been at the helm during a time of company expansion and is always vigilant around compliance and risk management. We are delighted to announce this well-deserved promotion to Chief Compliance Officer.”
Ondus is also the CEO of Risk Management Solutions Group (RMSG), a regulatory consulting firm and division of BHG Financial. As CEO of RMSG, Ondus helps support the more than 1,400 bank partners that make up the BHG banking network. Its team of experts provides consulting services to both banks and fintech partners and the division has seen significant growth over the past year since its inception in 2021.
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As Chief Compliance Officer, Ondus will be instrumental in helping BHG Financial achieve its goals as the company continues to grow and expand into new areas.
About BHG Financial
BHG Financial is transforming the financial industry, harnessing the power of data, analytics and cutting-edge technology to become not only one of the best sources of high-yield loans, but also the creator of one of the largest networks of banking products and loans in the community. in the country
Since 2001, BHG has originated more than 11 billion dollars in loan solutions for the highest quality borrowers, which community and mid-sized banks can access through a state-of-the-art loan delivery platform.
BHG Financials’ dedication to providing services that meet the needs of its clients has led to the creation of a complete family of brands ranging from business, consumer and SBA 7(a) loans to credit cards, collection, risk management services, etc. and financing at the point of sale.
With record year-over-year growth, BHG continues to be recognized regionally and nationally: earning a spot on Inc. 5000 for 14 consecutive years and receiving accolades from Great Place to Work® and Fortune magazine, among others.
BHG Financial is partially owned by Pinnacle Bank (PNFP) and is headquartered in Davie, FL i Syracuse, NY. To represent the company’s growth and dedication to continually expanding its services, Bankers Healthcare Group became BHG Financial in 2021.
Learn more about the company’s financial solutions at https://bhgfinancial.com. For more information about the BHG banking network, click here. Follow BHG at LinkedIn, Facebook, Instagrami Twitter.
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SOURCE Bankers Healthcare Group