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Former Latitude exec joins non-bank lender

by Reporter4 minute read
Steve Mixter

A non-bank lender has announced appointing a former executive from Latitude Financial Services to its leadership team.

Mortgage House has appointed Latitude Financial Services’ former head of funding Steven Mixter to the role of head of securitisation and structured finance.

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The appointee will oversee fundraising, including the administration of existing funding programs, as well as enterprise risk management.  

Mr Mixter has previously established funding programs across a range of different issuers and asset classes across his 20-year career in the financial services industry in Europe and Australia.

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Commenting on Mr Mixter’s appointment, Mortgage House CEO Ken Sayer said: “Steven has been at the forefront of a number of major developments in the local securitisation market and has a great track record of establishing new funding programmes. His experience means he is uniquely qualified to help Mortgage House as it continues to grow its lending portfolio and develop new products for its customers.”

The non-bank lender also announced the appointment of Kerry Quilkey to the role of people, culture and engagement manager.

According to Mortgage House, Ms Quilkey will “continue to build on and embed the cultural transformation program whilst aligning the employee experience with Mortgage House's brand and customer proposition.”

Ms Quilkey has held a number of HR roles over the last decade, including at First Mortgage Services and the Territory Insurance Office, which is part of the Allianz Group.

Mortgage House general manager Sean Bombell said the new appointee’s “values-led leadership and intuitive thinking will bring a unique perspective to the management team and support our people as we enter back into the broker referral network”.

The non-bank lender had confirmed in January that it would be re-entering the broker market after pulling back during the global financial crisis.

Mr Bombell explained at the time: “The last 12–18 months with the banks and the way that responsible lending and commission talks have impacted credit has impacted the broker space.

“We’ve been watching the space for quite some time, even before the royal commission came into play and now is the time to re-enter the broker market.”

[Related: Non-bank lender re-enters broker space]

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