WageDayAdvance, one of the UK’s leading online payday loans providers, has announced the appointment of a new risk analyst manager, as part of a move to reduce risk and promote responsible lending.
The company employs more than 150 people at its head office in Yorkshire, and helps people across the UK to find cost-effective borrowing solutions every day.
Abhishek Khurana, a specialist in risk analysis, will help the company to maintain and reinforce its reputation as a responsible lender. By drawing on his extensive experience in the financial analytic industry, Abhishek will work to improve WageDayAdvance’s ability to understand which customers can actually afford to borrow, and streamline the firm’s lending strategies. He will also help to make sure that successful applicants have agreements that fit their personal circumstances, allowing them to make affordable repayments on time.
Abhishek said: “I am delighted to join WageDayAdvance at this exciting time of their development. The company is now one of the leading payday lenders in the UK and is growing rapidly.
“I will be looking to build a high-performance analytics team that will work with each functional area within the business to build a set of standardised reports or dashboards, and analyse key information to provide usable insight into the business that can influence major management decisions.”
Abhishek is an MBA graduate from Leeds Business School and also holds a M.Sc. in Management Consultancy. He joined WageDayAdvance in March from The Lewis Group, where he was employed as a senior MI analyst. Abhishek has nine years’ experience working in analytics, collections and call centre environments.
Ross Chapman, Business Development Manager at WageDayAdvance, said: “We’re excited to have Abhishek as part of the team and know his experience is sure to prove invaluable in helping the company to further strengthen its responsible lending practices and ensure that we’re always providing a first class service for our customers.”