NEW YORK, Jan. 30, 2019 /PRNewswire/ -- LendKey, the lending-as-a-service solution for banks and credit unions, recently named Aditi Agrawal as Senior Vice President of Credit Risk. Ms. Agrawal has over 15 years of experience working in risk management, with a strong understanding of risk assessments for financial organizations and fintech partners. In this new position, Ms. Agrawal will assist in developing credit risk criteria and risk management strategies for hundreds of partner lenders who use LendKey to enable their digital lending.
"Aditi Agrawal will provide advanced insights and recommendations on credit risk to help hundreds of our partner lenders enhance the quality of their portfolios as they grow and continue to improve lives with lending made simple," said Michael Stallmeyer, Chief Operations Officer and Co-Founder of LendKey.
In this role, Ms. Agrawal's unique blend of pricing strategy, acquisition, and risk management expertise will be of great value as she drives credit risk recommendations, including underwriting, verifications, fraud risk, loan pricing, collections and recoveries.
Ms. Agrawal is an accomplished leader in developing and implementing complex business and credit risk strategies. Prior to joining LendKey, she served as Head of Pricing and Profitability for Risk Management at OnDeck, where she led the development and implementation of pricing and profitability strategies. She has also held Vice President and Director roles for several financial institutions, including American Express. Ms. Agrawal holds a Bachelor of Engineering from the Shri G. S. Institute of Technology and Science in India.
LendKey pioneered the lending-as-a-service model enabling white-labeled, digital lending solutions that help financial institutions establish a strong digital lending presence and acquire prime borrowers for a lifetime of lending. LendKey's customized solutions help financial institutions manage liquidity, reduce costs, and mitigate risk. The company revolutionized the entire lending process for institutions including demand generation, online decisioning, loan origination, customer service, compliance, and proprietary balance sheet management. Founded in 2009 and based in New York and Cincinnati, LendKey works with hundreds of credit unions and banks who have deployed more than $2.5 billion in loan capital to date through LendKey's platform. LendKey was recently named to the CB Insights Top 250 fintech List. For more information, visit www.lendkey.com or email firstname.lastname@example.org.
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SOURCE LendKey Technologies, Inc.