Jeffrey Newman Email and Phone Number

Kapitus (formerly Strategic Funding Source) is a specialty finance company providing loans and cash advance products to small and medium sized businesses. The company works directly with business owners to identify their capital requirements and create flexible, tailored financing options to suit their needs. Kapitus is a portfolio company of Pine Brook Partners, a New York based private equity firm focused on financial services and energy investing.

• Manage all Credit Policies (Risk Appetite), credit model deployment and risk strategies for Retail Bank's $5B consumer portfolio (Installment Loans, Unsecured Lines of Credit and Home Equity) and $1B Small Business portfolio.• Direct strategy development and implementation for the entire account life cycle including Originations (e.g. score cut-offs and line assignments for branch, phone, on line, mobile and pre-approved channels), Existing Customer Management (e.g. authorizations, line management and loss mitigation) and Collections / Recoveries. • Lead Portfolio Management, ensuring all consumer and small business portfolios meet profitability hurdles and risk benchmarks / guardrails. Portfolio assets have grown organically at a 20% compound rate since 2012 driven by higher approval rates while maintaining stable credit performance.• Responsible for all aspects of Risk systems and credit data management activities including, but not limited to, all systematic strategy changes and Fraud & Credit tool enhancements.Formerly Senior Credit Officer

• Risk Analytics Leader: Responsible for identifying and recommending unique segments for Risk actions (both tightening and expansion) using state of the art targeting techniques (e.g. MSAs and mortgage modification information). • Risk Pricing Leader: Responsible for profitability analytics of all Risk and Fraud credit strategy changes (both tightening and expansion activities) for the entire account life cycle (Acquisitions, Authorizations, Line Management, Customer Assistance / Forbearance (loan modifications) and Collections).• Risk CFO: Presented insights and recommendations to Senior Citicards and Citigroup Management (CEO, CFO, CRO) and Regulatory agencies (OCC, Federal Reserve, FDIC, SEC) on highly complex Financial and Risk issues, trends and forecasts (including macroeconomic relationships and stress testing), Federal legislation and regulation (including TARP, TALF, UDAP and Card Act) and internal Credit Policy. Briefed CFO in preparation of quarterly earnings calls.

• Vice President – Global Risk Recruitment 12/05 - 5/08 Appointed to newly created Global Risk HQ role chartered with expanding the Risk Management talent pipeline within GE’s $190B consumer finance company across 54 countries. Directed all aspects of the Risk Management Leadership Program (rotational training program). Multiple program graduates became Country CROs (Brazil, Canada, Portugal, Romania and Sweden).• Vice President - Fraud & Credit Strategy & Systems 8/02 - 11/05Directed the development and implementation of customized portfolio strategies for multiple Consumer Finance products. Created the strategy and championed the implementation to enhance the capabilities of the Fraud & Risk system “private label credit card only” functionality to support a multi-product consumer finance product set. • Vice President – Credit Policy & Portfolio Risk 7/99 – 7/02 Managed loss forecasting and reserving for $25B private label credit card portfolio (including securitized portfolio). Conducted due diligence and Risk Management analytics for New Deals and new product introductions. Interfaced with rating agencies, explaining the business’ Credit Policy, loss performance trends and future forecasts for securitized portfolios. • Senior Risk Manager – Portfolio Acquisitions & New Deals 5/98 - 6/99 Risk functional leader on cross-functional deal team responsible for Risk Management analytics of potential portfolio acquisitions, identifying potential gaps and recommending mitigation actions. Memebr of Senior Deal team and Risk leader for the $2B BankOne and $4B J.C. Penney private label credit card portfolios.• Senior Risk Manager – Direct Consumer Lending 2/96 – 4/98Managed direct to consumer closed-end installment loan portfolio including pre-screen acquisition and collection strategies. Seven time winner of GE Performance Awards (Pinnacle, Summit & Risk Leadership)