McMullen charts course as Thinktank’s new credit score danger chief

Thinktank has appointed skilled banking skilled Nathan McMullen (pictured) as the brand new basic supervisor credit score danger, 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 file of reworking companies via management in numerous roles, together with product, digital transformation, and danger administration.

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

McMullen’s priorities heading into new position

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

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

“Thinktank has a confirmed monitor file in serving to brokers obtain the perfect outcomes for his or her purchasers and because the demand continues to develop, we’ll 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 development as a chance to assist debtors scale back property possession prices.

“Whereas going through fixed competitors from banks and non-banks, Thinktank adopts a forward-thinking method 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 progress for mortgages at ING, the place he led the core mortgages product workforce with a give attention to acquisition efficiency, monetary oversight, credit score danger urge for food, and determination 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 workforce saying, “Nathan’s wealth of expertise and confirmed management expertise make him a useful addition to our workforce.

“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 danger.”

McMullen’s appointment is efficient instantly, and Thinktank said it seems ahead to the “important optimistic affect he’ll undoubtedly convey to the organisation”.