Marqeta (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance capabilities for the world’s innovators, today announced the appointment of Alan Carlisle as its Chief Compliance Officer (CCO).
Carlisle, previously Enterprise Chief Compliance Officer at SoFi, will be responsible for elevating and expanding Marqeta’s regulatory compliance management system.
“Alan excels in designing and implementing risk and compliance controls, and is passionate about creating a culture where compliance is ingrained in the attitudes, values, and behaviors of the organization,” said Crystal Sumner, Chief Legal Officer of Marqeta. “Alan’s deep expertise in the field will be instrumental as Marqeta’s card program management capabilities continue to be a major competitive differentiator for the company.”
Carlisle joins Marqeta from SoFi, a publicly traded online personal finance company and bank, where he served as Enterprise CCO for over six years. He was responsible for the broad oversight of the company’s compliance management program, leading its lending, mortgage, securities, and banking sectors as the company experienced massive scale, growing from a few hundred to over 4,000 employees during his time there. Before SoFi, Carlisle spent over a decade in senior executive roles at financial services companies, ranging from crowdfunding platforms to marketplace lenders. He holds several compliance certifications, including the CRCM, CAFP, CRCP, CAMS, CGSS, and CIPP-US, has served on numerous industry committees, and acts as a regulatory strategic advisor for various fintech and regulatory technology companies.
Marqeta’s appointment of Carlisle comes at a time of continued growth and scale. Carlisle will play a crucial role in ensuring compliance is baked into everything Marqeta does, helping its customers launch innovative new card programs while properly navigating a complex web of relevant laws, regulations, and fintech industry standards.
“I’m excited to be a part of the Marqeta team and look forward to enhancing an already esteemed compliance program. Marqeta stands as a trailblazer in embedded finance innovation, and the compliance team holds the key in helping to deliver exceptional payment experiences for consumers,” said Carlisle. “I am eager to collaborate with this talented group to develop a compliance program that not only aligns with the company’s values but also contributes to the long-term sustainability of our enterprise.”