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OnDeck Hires Senior Vice President, Finance to Oversee FP&A

Date: Mar 10, 2020 @ 08:49 AM

OnDeck, leader in online lending to small business, announced the appointment of Mark Torossian as Senior Vice President, Finance, a newly created role that will oversee the organization’s Accounting and Financial Planning & Analysis (FP&A) functions.

“I am pleased to welcome Mark to OnDeck in this important leadership role for the organization,” said Ken Brause, Chief Financial Officer, OnDeck. “Mark’s technical expertise and financial acumen, experience in banking and financial services, technology knowledge and proven track record as a dynamic leader will be instrumental to OnDeck as we execute against our strategic priorities.”

“I am very excited to join Ken and the team at such a pivotal time in OnDeck’s evolution,” said Mark Torossian. “I am inspired by OnDeck’s mission to serve small businesses and the company’s opportunities for growth. I look forward to contributing to the company’s future success as it pursues a bank charter.” 

Throughout his 16-year career, Torossian has demonstrated consistent success in financial roles that improve business performance. He joins OnDeck from BNY Mellon where he was most recently the Chief Financial Officer of their Asset Servicing business in the Americas. Previously, Torossian was a business line controller for several divisions and head of the infrastructure cost allocation team for the Bank. He began his career at Merrill Lynch, where he served in a variety of accounting and FP&A roles. A Certified Public Accountant, Torossian received his BBA in Public Accounting, and M.S. in Finance from Pace University. He is an adjunct Accounting Professor at Pace and currently serves as the Chairman of the Advisory Board for the University’s Master’s in Finance for Professionals program.

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