Prestige expands underwriting team to support growth

 

Prestige Finance, the intermediary focused secured loan lender, part of OneSavings Bank (OSB), has announced the appointment of key underwriting personnel to support the growth of the business in 2014.

Prestige, having only relaunched in March with a new product range, finished 2013 with a strong and growing pipeline and has recruited steadily to enable service standards to be further improved. Under the leadership of New Business Manager, Shelley Connelly, Richard Gash and Michaela McQueen now join the team as underwriters.

Richard joins from Lloyds TSB, having worked at Loans Engine (formerly Central Loans) for nine years in underwriting and customer service roles. Michaela is rejoining Prestige after a year’s sabbatical travelling and working in Australia and South East Asia.

Simon Stern, Director of Prestige Finance, said:

“Prestige Finance is working to become the pre-eminent secured loan lender in the intermediary market. To achieve that we need to not only produce a ground breaking product range but also the capability to provide, maintain and exceed the service levels which our introducers expect. Since October, we have seen a significant increase in our volumes and not only are we increasing our staff numbers but also putting in new processes, structures and systems to support this growth.”

Our parent, OSB, is fully committed to helping us build a very significant presence in the secured loan channel and therefore we have invested in building the kind of infrastructure, which will offer introducers and their clients a premium service to match our award winning proposition.”

 

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