LendingPoint Bolsters Leadership Team with New Chief Risk Officer
LendingPoint, a leading name in the online loan origination and servicing industry, has recently strengthened its executive team by bringing Dan Shuntich on board as Chief Risk Officer. This move underscores the company's dedication to effectively managing credit risk while actively seeking growth opportunities in a competitive landscape.
Proven Expertise in Credit Risk Management
Dan Shuntich arrives at LendingPoint with a wealth of experience in financial services that spans over thirty years. Throughout his career, he has led credit risk teams at various lenders, overseeing significant loan originations that exceed $10 billion. His extensive expertise makes him a key player in shaping LendingPoint's credit underwriting practices and strategies for risk mitigation.
Thoughts from LendingPoint’s CEO
Shawn Stone, the Chief Executive Officer of LendingPoint, expressed his excitement about Dan's arrival, highlighting the critical nature of his role in the company's growth and profitability. Shawn remarked, “Dan’s extensive background in financial services will be invaluable as we adapt to the constantly evolving risk landscape. I’m honored he has decided to join our team.”
Previous Achievements and Leadership Roles
Before taking on his new position at LendingPoint, Dan held key roles in managing credit risk and portfolio analysis at Renovate America, a notable entity in home improvement financing. He also spent 15 years with Dell Financial Services, significantly influencing credit risk and decision science across various lending sectors, including both consumer and commercial lending.
A Commitment to Customers
Dan Shuntich shared his enthusiasm for joining LendingPoint, stating, “The company’s commitment to its customers, team members, partners, and investors drew me to this opportunity. I’m eager to collaborate with Shawn and the team to build upon LendingPoint’s achievements while effectively addressing the challenges of risk in the lending business.”
About LendingPoint
LendingPoint is recognized as an award-winning online platform for loan origination and servicing. They specialize in providing financing solutions tailored for both consumers and lending institutions. With cutting-edge fraud prevention and risk management algorithms, LendingPoint creates financial opportunities that span the entire credit spectrum. Recently, the company has been honored with titles like the Best Consumer Lending platform by Finovate and has been listed among the Inc. 5000 fastest-growing private companies for four consecutive years. Additionally, LendingPoint has appeared on Deloitte’s Technology Fast 500 annual list for five straight years and has been recognized as one of the Top 40 fastest-growing companies in its region. The Atlanta Business Chronicle has also named LendingPoint one of the Best Places to Work, highlighting its dedication to fostering a positive work culture.
Frequently Asked Questions
Who is Dan Shuntich?
Dan Shuntich is the recently appointed Chief Risk Officer at LendingPoint, bringing over three decades of experience in financial services to the role.
What are Dan's responsibilities at LendingPoint?
Dan is charged with developing and managing LendingPoint’s credit underwriting, fraud prevention, and risk mitigation strategies.
What positions did Dan Shuntich hold before this?
Before joining LendingPoint, Dan held significant roles at Renovate America and Dell Financial Services, where he focused on credit risk management.
What sets LendingPoint apart in the financial sector?
LendingPoint stands out due to its innovative loan origination platform and advanced algorithms designed for fraud prevention and risk management.
What awards has LendingPoint received recently?
LendingPoint has gained recognition as one of the fastest-growing companies and has been awarded for its consumer lending services in recent years.
