Hushing will support Redwood’s expanding product range at a time of increasingly complex borrowing scenarios, which compel greater flexibility.
Hushing (pictured) said Redwood’s philosophy of manual, case-by-case underwriting aligns closely with his own approach, which enables underwriters to consider the wider circumstances surrounding a borrower alongside their credit profile.
He added: “It’s not about looking for reasons to decline a case. It’s about understanding the bank’s risk appetite and seeing how a deal can be structured to work for both the customer and the bank.
“It’s prioritising the borrower first and not using policies and processes as excuses or to hide behind certain things.
“Redwood is not a place where things are done a certain way just because that’s how they’ve always been done. There’s a genuine focus on improving processes and doing things better.”
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David Kennedy, chief operating officer at Redwood Bank, said: “Omkar’s appointment further strengthens our underwriting capabilities as we continue to grow and enhance our lending proposition.
“He brings extensive experience across specialist lending and underwriting, along with a strong understanding of lending operations and risk management. His expertise will play an important role as we continue to invest in our people, processes and products to support brokers and customers across the specialist finance market.”
Last month, the firm hired Chris Butler as regional development manager.
