Andrew Penaluna
About Andrew Penaluna
Andrew Penaluna is a Senior Credit Underwriter at Investec, where he has worked since 2018. He has extensive experience in credit risk management, having held various positions at Barclays and UBS in London.
Current Role at Investec
Andrew Penaluna serves as a Senior Credit Underwriter at Investec, a position he has held since 2018. In this role, he oversees the Private Bank credit portfolio, which includes responsibilities for lending policy and portfolio limit reviews. He also acts as a subject matter expert for commercial property and residential development lending. His experience in credit underwriting allows him to contribute effectively to the bank's credit risk management strategies.
Previous Experience at UBS
Prior to his current role, Andrew Penaluna worked at UBS as Director of Credit Risk from 2016 to 2018. During his two years in this position, based in London, he was responsible for overseeing credit risk assessments and developing strategies to mitigate potential risks within the organization.
Career at Barclays
Andrew Penaluna has extensive experience at Barclays, where he held multiple positions over several years. He worked as a Credit Risk Officer in Barclays Wealth and Investment Management from 2013 to 2016. Before that, he served as Associate Credit Director from 2012 to 2013, and as Corporate Credit Manager from 2007 to 2010. His career at Barclays began as a Corporate Service Executive in 2006, and he transitioned to the role of Credit Manager from 2010 to 2012.
Educational Background
Andrew Penaluna studied at the University of Nottingham, where he pursued a degree in Computer Science. He completed the first year of his Bachelor of Science with Honors from 2004 to 2005. This educational background provided him with a foundation in analytical skills that are applicable in his credit risk management roles.
Credit Committee Involvement
In his current role, Andrew Penaluna serves as a credit voter for local, junior, and senior credit committees. He is responsible for presenting deals to the Global committee, which involves evaluating credit proposals and making informed decisions on facility approvals, particularly those marked for forbearance or in the recovery process.