Donna-Louise House joins Octane Capital risk team
Third generation lender, Octane Capital, today announced it has hired Donna-Louise House as Senior Credit Manager. She will report into Matt Smith, Octane Capital Director of Risk.
Donna-Louise is a well-known and highly regarded figure in the industry, having started her career in credit risk at GE Capital before moving onto Shawbrook Bank, where she was a Lending Manager in the short-term loans division.
More recently she worked at LendInvest for two years as Underwriting Manager followed by a short stint at Falcon Bridging Finance, as Head of Underwriting. She will work with the rapidly expanding Octane risk team to get more #3rdgen loans into the market.
Octane Capital, which launched in May 2017, prices according to risk rather than Loan-to-Value, meaning each loan is uniquely constructed rather than off-the-peg. It has hired aggressively since launch, expanding from an initial team of three to 21.
Donna-Louise House, pictured, Senior Credit Manager, Octane Capital, commented
“I’ve known Matt and the senior Octane team for many years now and when the chance presented itself I leapt at the to work with them all. Octane are unique in that their product-less model allows underwriters to actually be underwriters and box-tickers limited by set-in-stone criteria. Working in the fast-paced environment of start-ups has also always appealed to me and there are few companies that can match Octane for get-up-and-go.”
Matt Smith, Director of Risk, Octane Capital, added:
“Donna is exactly the kind of driven and entrepreneurial underwriter that we want at Octane, someone who is not just technical but commercial — something all brokers want to see. Her experience is second to none and there’s no doubt that she will hit the ground running and further speed up our turnaround times. She’s the latest addition to what is the most experienced and talented credit team I have ever worked with.”