Mortgage industry veteran Scott Banks has joined LenderLive, a domestic-based, end-to-end mortgage services provider, as senior vice president of finance and mortgage services.
Banks has more than 25 years of experience in the mortgage and financial services industries, the company says in a release. Most recently, he was director of financial performance and analysis at Discover Home Loans, the mortgage division of Discover Financial Services.
Prior to that, he held a series of executive positions at HSBC Bank, including director of group reporting and director of corporate planning and analysis. He also held the role of director of capital markets and treasury support for HSBC Mortgage Services. Earlier in his career, Banks was vice president of finance/investor reporting for Merrill Lynch Credit Corp.
In this newly created position, Banks will be responsible for overseeing LenderLive's investor reporting, treasury and bank reconciliation functions, as well as the development of budgets, forecasts, financial reporting and analyses to support new business initiatives and show return on investment.