loanDepot strengthens C-suite team with new chief risk officer

She brings "an extremely impressive" track record in risk management and compliance

loanDepot strengthens C-suite team with new chief risk officer

loanDepot has announced the appointment of Karin Lockovitch (pictured) as executive vice president and chief risk officer. She will be in charge of all aspects of enterprise risk management.

Lockovitch joins loanDepot’s executive team with more than two decades of experience in building and leading risk disciplines. Before loanDepot, she served as a consultant and designated outsourced chief risk and compliance officer for various financial technology and bank partners, including Bank of the West/BNP Paribas, Zions Bancorporation, SunTrust, Ally Financial, Lehman Brothers, and American Express.

Read more: loanDepot aims to raise $315 million in IPO

“At loanDepot, we understand the importance of effective risk management to make certain that we continue to deliver our best-in-class experience to our customers, and Karin brings an extremely impressive track record and depth of experience in risk management and compliance,” said loanDepot founder and CEO Anthony Hsieh. “As we continue to establish new products and services, Karin’s knowledge and insight ensure that we advance our core principle of always doing what’s right for our customers.”