It’s raining new senior management employees here at LendInvest, as we can proudly announce the arrival of Roy Armitage. Following hot in footsteps of Matthew Tooth’s hire, Roy has joined us to build on LendInvest’s risk infrastructure. Roy will be in charge of ensuring that robust systems and controls are in place, protecting both the business and its investors. Roy will also be in close contact with our key stakeholders including institutions, regulators and ratings agencies.
Bringing almost 40 years’ mortgage and retail financial services experience to the position.
Most recently, Roy spent 14 years at Kensington Mortgages / Investec where he specialised in risk and compliance. As Head of Risk, Compliance and Financial Crime, Roy oversaw a full rebuild of the credit risk and underwriting framework when Kensington was one of the first specialist mortgage lenders to re-enter the post-credit crisis mortgage market.
Co-Founder and CEO Christian Faes, welcomed Roy’s arrival:
“With his wealth of experience and his enthusiasm to help build a nimble, fast-growing company like LendInvest, I am delighted that Roy is joining us. Under his leadership, our risk & underwriting team can develop the sort of market-leading checks and balances that our customers and creditors expect from us.
“Dedicated credit oversight became more important than ever when we received the online industry’s first credit rating this summer. The demand for clear credit controls will only increase as we seek more recognised ratings in the coming months.”
With his wealth of industry knowledge, Roy understands the landscape here at LendInvest: “LendInvest does things in a more innovative way than traditional mortgage lenders, but at its core are sound mortgage lending processes and procedures.”
Earlier in his career
Roy spent 23 years with Halifax in a number of mortgage and retail financial services roles, culminating as Area Manager for Bristol. After two years working for JP Morgan, Roy joined Kensington Mortgages who were subsequently purchased by Investec in 2007. On top of that, Roy is a Fellow of the Chartered Bankers Institute (FCIB), CeMAP and CeRGI.
Experience that can only move our business forward.