Name: Liz SullyAge: 47 Company: GE Money Home Lending. Job title: Compliance director. Where do you live? Reading. Describe your current job: I am responsible for ensuring the business complies with Financial Services Authority and Consumer Credit Act requirements. On an everyday basis I can be involved in a number of projects within the business ranging from advertising, new products and pricing to originations and customer complaints. One of the most challenging things about a compliance role is that everyone expects you to be an expert in all areas. It’s one of the few roles in a company where you have an opportunity to see the big picture, which can be rewarding. What was your first job? I was a saleswoman in an engineering company selling helicopter parts. On my first day in the job I took an order large enough to keep the company in business for two years without understanding a word. What was your last job? I have been with this business for 10 years. Before that I was a principal trading standards officer specialising in quality control and consumer protection. What have you done in between? I spent some time doing temporary jobs such as secretarial, fruit picking and bar work. I was a farm manager for a couple of years before deciding I needed a proper job. Then I trained to be a trading standards officer. What has been the defining point of your career to date? When GE acquired the business it opened up possibilities in my career that I had never thought possible. Do you have a mortgage? No.What’s your favourite restaurant? A wonderful fish restaurant in Barbados called Bella’s. It is right on the beach and is in a beautiful setting. Unfortunately as it’s in Barbados I don’t visit it regularly enough but I hope it’s still there when it’s time for my next visit. What’s the most you’ve ever spent on dinner for two? Probably about 100 – not much more. I think expensive restaurants are rarely worth the money. What’s your favourite band? I prefer classical music now but in my youth, in the dim and distant past, my favourites were Queen and Bruce Springsteen. What’s your favourite tipple? That’s an easy one – gin and tonic. Do you have any hobbies and interests? When I’m not working I enjoy swimming, sailing and going to the theatre. And I try to spend as much time as I can with friends and family.
Kensington Group has increased its shareholding in Money Partners Holdings Limited from 20% to 57.5% following a successful first two years’ partnership. Kensington will pay an initial consideration of £13.1m for its extra stake and may pay a deferred consideration in 2009.
Brokers and lenders have defended Abbey’s 5 x income product following the lashing the deal received in the national media last week. The product, which offers potential borrowers a loan up to 5 x their income, was announced in the face of 17.3 million first-time buyers being unable to get onto the property ladder. It […]
Edeus’ CEO Michael Bolton has launched a scathing attack against HBOS strategy for aiding first-time buyers over the buy-to-let market.At the Mortgage Intelligence conference at the prestigous Celtic Manor resort in Newport, South Wales today, Bolton slammed the lending giants strategy as being “arse over tit” and for shying away from increased LTVs, instead focusing […]
From next Monday BM Solutions will be launching its own point-of-sale offer system using automated valuations.On November 13, across new and remortgage applications, brokers will be able to secure a POS-O with the added bonus of being able to print the offer document in their office. It is available to customers who have a deposit […]
Jelf Employee Benefits has launched Jelf AEase, an enhanced auto-enrolment (AE) service aimed at companies with fewer than 50 employees that are due to stage from August 2015.
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