Steven Heruty
About Steven Heruty
Steve Heruty is a seasoned Chief Credit Officer with over 25 years of experience in credit and risk management, specializing in the fintech sector.
Steve Heruty's Role as Chief Credit Officer
Steve Heruty holds the position of Chief Credit Officer. With over 25 years of experience in credit and risk management, Steve brings extensive expertise to his role. As a Chief Credit Officer, his responsibilities likely include overseeing the credit processes, developing risk management strategies, and ensuring the organization's credit policies are aligned with industry standards.
Steve Heruty's Background in Credit and Risk Management
Steve Heruty boasts a rich background in credit and risk management, having accumulated over 25 years in this field. He has a history of working with leading financial institutions such as JPMorgan, Chase, and BlackRock. This extensive background has provided him with a broad understanding of credit risk, underwriting policies, and portfolio management.
Steve Heruty's Experience in the Fintech Space
Over the past nine years, Steve Heruty has focused on leading credit and risk functions specifically within the fintech industry. His roles at Cross River Bank and Colchis Capital Management have involved setting and evolving underwriting policies, building predictive models, and managing loan portfolios. This experience has equipped him with specialized knowledge in fintech credit operations.
Steve Heruty's Work with Loan Originators
In his career, Steve Heruty has worked extensively with loan originators. He has been involved in setting and evolving underwriting policies, building predictive models, and managing loan portfolios. These responsibilities highlight his role in ensuring that loan origination processes are robust and capable of mitigating risk effectively.
Steve Heruty's Contributions to Buy-side Operations
Steve Heruty has contributed significantly to buy-side operations in the credit and risk management sector. His work includes performing diligence on fintech platforms and assets, designing loan purchase programs and credit facilities, and managing portfolio valuations. These activities underline his capability in assessing and managing investment opportunities and risks.