Chief Financial Officer
Sydney, New South Wales, Au
SocietyOne pioneered online peer-to-peer lending in Australia and is now the country’s leading and fastest growing lending marketplace for consumer finance. We connect borrowers who are looking for personal loans between $5,000 and $50,000 with investor funders – sophisticated investors such as financial institutions, mutual banks, credit unions, fund managers and high net worth individuals – to offer better deals on interest rates and returns well above the current cash rate.• Responsibility for all strategic financial issues relating to the main holding company and several subsidiaries. I’m also a director of two of those subsidiaries.• Developed five-year business plan to achieve our main goals of a 2-3 per cent share of the $100 billion consumer finance market in Australia and help 100,000 customers by 2021• Established a new regime of financial controls and reporting across the business to accurately reflect its day-to-day performance and provide real-time information to the board and executive team. This has resulted in greater cost control and savings within the existing cost structure to re-invest back into the business• Instituted a more targeted approach to financial deliverables which have greatly improved the operational efficiencies within the company and helped deliver service improvements to borrower customers and investor funders.• Introduced a new auditing system• Overseen a near 300% rise in the total loan portfolio during 2016 to $120 million• Played a critical role in changing and updating the company’s cultural approach and instigating a new employee engagement strategy• Responsible for shareholder relations and regular presenter to investors and other key external stakeholders