LendingPoint, the award-winning online loan origination and servicing platform, announced that Dan Shuntich has joined the executive team as Chief Risk Officer. As Chief Risk Officer, Dan will be primarily responsible for LendingPoint’s comprehensive credit underwriting, fraud and risk mitigation models and strategy.
Dan joins LendingPoint with more than 30 years of financial services experience, including 15 years of leading credit risk organizations for several lenders, overseeing over $10 billion in total originations.
Shawn Stone, LendingPoint’s Chief Executive Officer, stated, “As CRO, Dan is a key addition to help us achieve our growth and profitability objectives with a focus on effectively managing credit risk. His broad and deep experience in financial services will be extremely valuable as we navigate the ever-changing risk management and competitive landscape. I am honored that he chose to join the team.”
Prior to joining LendingPoint, Dan was responsible for the credit risk, manual underwriting, pricing and portfolio analysis functions at Renovate America, a large home improvement point of sale financing company. Dan spent 15 years at Dell Financial Services in various leadership roles, including managing the credit risk, decision science, and manual underwriting teams that spanned across consumer, small business, and commercial lending. Dan also held various corporate and business finance roles within the financial services industry.
“LendingPoint’s dedication to its customers, team members, partners and investors drew me to the company,” said Dan Shuntich. “I look forward to working with Shawn and team to build upon LendingPoint’s success while effectively managing the risks inherent in the lending business.”
About LendingPoint
LendingPoint is an award-winning online loan origination and servicing platform that provides financing solutions for consumers and lending institutions. The company’s fraud prevention, risk, and asset management algorithms are used to create financial opportunity across the credit spectrum. In 2023, LendingPoint was recognized as the Best Consumer Lending platform by Finovate and was named to the Inc. 5000 list of fastest-growing private companies for four consecutive years. LendingPoint has been honored on Deloitte’s Technology Fast 500 annual list for five consecutive years and recognized as one of the top 40 fastest-growing companies in Atlanta by the ACG. LendingPoint has also been named one of the Best Places to Work by the Atlanta Business Chronicle. LendingPoint is a privately held company headquartered in metro Atlanta with an office in Dallas. LendingPoint, LLC owns and operates the LendingPoint platform. www.lendingpoint.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20240918839681/en/