By Oliver Smith on Wednesday 29 September 2021
Lending Works resumed lending in early 2021 and is now targeting “long-term profitability”.
Embedded finance provider Lending Works is gearing up for expansion with a host of eight new senior hires this week.
The highest-ranking of which is new chief product officer Graham Dodds, who joins from TSB where he was head of loans, and will now be part of Lending Works’ executive committee.
Other appointments to the company’s leadership team include Donna Quinn as head of compliance, Jomart Tleujan as head of strategic finance and Andrew Long as credit risk manager.
As well as the above hires, Lending Works has also recruited Tommy Fennelly as head of data science, Isaac Perez as head of infrastructure, Virginie Allaire as head of financial planning and analysis, Adam Robery as head of pricing and performance and Eduardo Narros as principal kotlin engineer.
Its new hires come from leadership and senior roles at Lloyds Banking Group, TSB, NewDay, Wells Fargo, IBM and Thompson Reuters.
Lending Works initially paused its lending activity post-acquisition as it scaled up internally, however its lending resumed in early 2021 and the company now says it’s focused on “long-term profitability”.
“We have strong foundations across our team, our embedded lending platform and our customer proposition,” said group CEO and founder of Lending Works Nicholas Harding on the new hires.
“We look forward to growing lending volumes once again in the new year, and above all, providing a reliable and efficient service to our loan customers.”