Thinktank has appointed skilled banking skilled Nathan McMullen (pictured) as the brand new normal supervisor credit score threat, reporting on to Jonathan Road, CEO of the non-bank lender.

McMullen has over 25 years of expertise in retail banking. He has a confirmed monitor document of reworking companies via management in numerous roles, together with product, digital transformation, and threat administration.

He has labored in each native and worldwide corporations, starting from small monetary establishments to giant firms, each private and non-private.

McMullen’s priorities heading into new position

Taking the helm as Thinktank’s new credit score threat chief, McMullen instructed Australian Dealer that he has some broker-oriented focuses in thoughts.

“My key priorities shall be to additional help the event of differentiated merchandise and insurance policies, with a deal with streamlining our credit score processes,” McMullen stated. “This may assist to empower brokers to help a broader vary of economic, SMSF, and residential debtors in attaining their property acquisition, refinance, and fairness launch targets.

“Thinktank has a confirmed monitor document in serving to brokers obtain one of the best outcomes for his or her purchasers and because the demand continues to develop, we are going to double down on strengthening our portfolio administration oversight functionality.”

Steering via a dynamic market panorama, McMullen acknowledges the potential of declining rates of interest. He sees this pattern as a possibility to assist debtors cut back property possession prices.

“Whereas going through fixed competitors from banks and non-banks, Thinktank adopts a forward-thinking strategy in figuring out and introducing differentiated options to the market,” McMullen stated.

“That is exemplified by our latest product launches, with extra improvements within the pipeline.”

Earlier than becoming a member of Thinktank, McMullen labored because the product lead for house lending at Nice Southern Financial institution, the place he managed the financial institution’s mortgage portfolio.

Previous to that, he was the pinnacle of product and development for mortgages at ING, the place he led the core mortgages product crew with a deal with acquisition efficiency, monetary oversight, credit score threat urge for food, and resolution automation.

All through his roles as head of homeownership for regional and retail manufacturers and head of product and digital for RAMS, Thinktank stated McMullen persistently demonstrated his dedication to innovation and strategic management.

Road expressed his enthusiasm about McMullen becoming a member of the management crew saying, “Nathan’s wealth of expertise and confirmed management abilities make him a useful addition to our crew.

“We’re assured that his strategic insights and experience will contribute considerably to our targets to drive innovation and excellence throughout the realms of product, coverage, dealer expertise and the administration of credit score threat.”

McMullen’s appointment is efficient instantly, and Thinktank acknowledged it seems to be ahead to the “vital optimistic influence he’ll undoubtedly convey to the organisation”.