Today we are pleased to welcome Chicago based Sheetal Parikh to Synapse as Vice President of Legal & Compliance.
Sheetal has 15 years’ experience in legal and compliance in the financial services industry. Most recently she was the Senior Director of Compliance and Regulatory Counsel at PLS Financial Services, a consumer financial services retailer. In that role, she oversaw the entire regulatory compliance and risk functions including direct regulatory relationships and examinations. Under Sheetal’s guidance, PLS built their key financial product lines, including lending, card issuance, and other money transmission products.
Sheetal is joining Synapse at a time when we are expanding our offerings to include broker-dealer and lending activities, which means that Synapse is now directly regulated. As we start this new chapter, Sheetal is charged with overseeing Synapse’s end to end regulatory compliance functions. We are excited to reimagine our products with these licenses in mind, increase customer delight, and work closely with our regulators.
As Sheetal commented,
"At the crossroads of innovation, talent, and technology, Synapse presents the exact endeavor that I am seeking at this point in my career. The spirit of innovation, excitement and commitment to Synapse’s mission resonates in every conversation I have had with Synapse team members and especially in its product offering. I am looking forward to continuing the team’s risk based approach to its legal and regulatory compliance framework."
Sheetal brings a wealth of experience and subject matter expertise in financial services and regulatory compliance. We welcome her to our management team as we navigate our next phase of growth.