22 October 2017
visit www.atos.net

Prosper appoints risk and analytics chief

12 January 2010  |  2362 views  |  0 Source: Prosper

Prosper.com, the world's largest peer-to-peer lending marketplace according to Deutsche Bank Research, today announced former Capital One Executive Jim Catlin has been appointed Executive Vice President of Risk and Analytics. Jim Catlin brings Prosper over 16 years of experience in the consumer financial services industry, with a proven track record in credit risk management and overall line of business leadership.

"With the appointment of Jim Catlin, Prosper is tapping into the brain trust behind Capital One's success in fundamentally transforming consumer finance using sophisticated data analytics and risk modeling techniques to drive performance driven growth," said Chris Larsen, Chief Executive Officer and Co-founder of Prosper. "Having a best in class leadership team is critical to seizing the enormous market opportunity before us, and Prosper has the deepest bench in the industry." According to a recent Gartner Research report, by 2013, peer-to-peer lending will soar at least 66 per cent to $5 billion of outstanding loans.

"Prosper is shaking up consumer lending for the good of borrowers and investors, and I am thrilled to be joining that effort at such a formative time," said Jim Catlin, Prosper's newly appointed Executive Vice President of Risk and Analytics. "Prosper's commitment to transparency and consumer empowerment make it a beacon for the financial services industry."

Prior to joining Prosper, Mr. Catlin worked as an independent consultant to QED Partners, a private investment fund founded by Nigel Morris, co-founder of Capital One and Prosper Board member.

Prior to his work with QED, Mr. Catlin served in a variety of leadership capacities during his fourteen year tenure at Capital One Financial Corporation. In his most recent post at Capital One, he served as Assistant Chief Credit Officer responsible for the credit risk management of a $70 billion portfolio of businesses, including Capital One's U.S. credit card, installment loan, small business, and point-of-sale businesses, as well at its Canadian business. Prior to that role, Mr. Catlin was a leader in the development of Capital One's European business. During his tenure in Europe, Mr. Catlin launched Capital One's business in Italy as Country Manager responsible for all strategic, financial, marketing, credit, and operational aspects of the business. He also built and led Capital One's underserved credit card business in the UK, growing it from initial testing to become the leading underserved credit card business in the UK.

Mr. Catlin graduated with a B.S. in Commerce with specializations in finance and marketing from the McIntire School of Commerce at the University of Virginia.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.fivedegrees.nlvisit www.vasco.com

Top topics

Most viewed Most shared
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
11919 views comments | 17 tweets | 25 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
11580 views comments | 22 tweets | 27 linkedin
satelliteGates Foundation backs Ripple collaboratio...
9364 views comments | 13 tweets | 10 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
8512 views comments | 10 tweets | 22 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
8401 views comments | 9 tweets | 18 linkedin

Featured job

Competitive base, commission, benefits
London, UK

Find your next job