LendingPoint Welcomes Dan Shuntich as New Chief Risk Officer

LendingPoint Strengthens Leadership with New Chief Risk Officer

LendingPoint, a prominent player in the online loan origination and servicing sector, has recently reinforced its executive team with the appointment of Dan Shuntich as Chief Risk Officer. This strategic decision highlights the company’s commitment to managing credit risk effectively while pursuing growth opportunities in a competitive market.

Expertise in Credit Risk Management

Dan Shuntich joins LendingPoint with an extensive background in financial services spanning over three decades. His rich experience includes leading credit risk teams for various lenders, where he managed substantial loan originations totaling over $10 billion. This wealth of knowledge positions him as a pivotal figure in shaping LendingPoint's credit underwriting and risk mitigation strategies.

Insights from LendingPoint’s CEO

Shawn Stone, LendingPoint’s Chief Executive Officer, expressed enthusiasm about Dan's arrival, emphasizing the importance of his role in driving the company’s growth and profitability. Shawn stated, “Dan’s broad expertise in financial services will be extremely valuable as we navigate the ever-changing risk landscape. I am honored that he chose to join the team.”

Previous Accomplishments and Roles

Prior to his new role at LendingPoint, Dan held significant positions overseeing credit risk and portfolio analysis at Renovate America, a notable player in home improvement financing. His career also includes 15 years at Dell Financial Services, where he played a crucial role in managing credit risk and decision science across various lending sectors, from consumer to commercial.

Passion for Customer Commitment

Dan Shuntich expressed his excitement for joining LendingPoint, stating, “The company’s dedication to its customers, team members, partners, and investors drew me to the company. I look forward to working with Shawn and the team to build upon LendingPoint’s success while effectively managing the risks inherent in the lending business.”

About LendingPoint

LendingPoint is recognized as an award-winning online loan origination and servicing platform. The company focuses on delivering financing solutions tailored for consumers and lending institutions alike. With advanced fraud prevention and risk management algorithms, LendingPoint crafts financial opportunities across the entire credit spectrum. In the recent past, the company received accolades such as the Best Consumer Lending platform by Finovate and was listed among the Inc. 5000 fastest-growing private companies for four consecutive years. Additionally, LendingPoint has been featured on Deloitte’s Technology Fast 500 annual list for five consecutive years and recognized as one of the top 40 fastest-growing companies in its region. The Atlanta Business Chronicle has named LendingPoint as one of the Best Places to Work, underlining its commitment to a positive workplace culture.

Frequently Asked Questions

Who is Dan Shuntich?

Dan Shuntich is the newly appointed Chief Risk Officer at LendingPoint, bringing over 30 years of experience in financial services.

What are Dan's responsibilities at LendingPoint?

Dan is responsible for developing and overseeing LendingPoint’s credit underwriting, fraud prevention, and risk mitigation strategies.

What previous roles did Dan Shuntich hold?

Before joining LendingPoint, Dan held pivotal roles at Renovate America and Dell Financial Services, focusing on credit risk management.

What distinguishes LendingPoint in the financial sector?

LendingPoint is known for its innovative loan origination platform and advanced algorithms for fraud prevention and risk management.

What recent awards has LendingPoint received?

LendingPoint has been recognized as one of the fastest-growing companies and received accolades for its consumer lending services in recent years.

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