SME financial services platform Tide has appointed its first chief risk officer (CRO) as it looks to strengthen its compliance team.
Rebecca Marriott, who has worked across the Tide financial crime prevention and compliance department since 2018, will immediately assume the newly established CRO role.
Before joining Tide, Marriott worked in the financial intelligence unit at multinational bank HSBC. Marriott also held an anti-financial crime role at the consultancy firm FINTRAIL.
Most recently, Marriott held the role of senior vice president of risk and compliance at Tide, where she established the risk management framework for the company.
“From the early days of Tide, we have always believed that a successful business has to be built on solid risk and compliance foundations,” said Tide CEO Oliver Prill.
“Rebecca has been instrumental to establishing strong oversight across a range of risk classes. Appointing her as Tide’s first CRO will support our growth, ensuring we can scale oversight across new products, geographies and licenses.”
Tide provides various financial services to SMEs, including business accounts, admin tools for accounting and invoice creation. Tide has around 575,000 customers in the UK and more than 200,000 in India, where the firm launched in December 2022.
Marriott added: “Working with my incredible risk and compliance team and the executive leadership team, I look forward to continuing enhancing and scaling our risk and compliance.
“With major plans in place to expand internationally, a strong risk and compliance foundation is essential to elevating the Tide platform as it scales.”