MarketInvoice hires Santander veteran as head of risk

MarketInvoice, the peer-to-peer (P2P) online invoice finance marketplace, has appointed Shaun Alexander as head of risk. He brings over 30 years of experience in retail and corporate banking, specializing in asset-based lending and business finance.

Background

Alexander began his career at Barclays in 1984, where he spent 22 years in various credit risk roles. He was responsible for developing and implementing lending strategy and policy for corporate and small to medium enterprise (SME) portfolios. In 2004, he was promoted to head of credit for SMEs.

In 2007, he joined Oliver Wyman as head of credit, setting up the credit underwriting function for a new business venture with Deutsche Bank focused on lending to UK SMEs. In 2008, Alexander moved to Banco Santander, where he served as head of risk for asset-based lending, managing credit risk across invoice finance and asset finance products.

Responsibilities

• Work directly with co-founder and COO Ilya Kondrashov to formulate risk management strategy.
• Improve credit scoring systems and risk policies.
• Lead the automation and accuracy of MarketInvoice’s risk processes using the latest technology, including AI and machine learning.