Pulse Cashflow appoints risk director

Pulse Cashflow Finance has promoted Terry Bond to the role of risk director.

The appointment is part of the firms’ growth plans following its acquisition by Cubitt Holdings and subsequent investment, supporting the increasing demand for invoice finance solutions amongst the SME population.

In this new role, Terry will be responsible for for all areas of risk, underwriting and compliance ensuring the function not only supports the fast take on of new business but also manages their overall client portfolio risk. In addition to this, he will lead the firms’ compliance to industry changes, GDPR, AML and cyber risk.

Terry brings a wealth of experience to the role having previously held the position of risk and compliance manager at Pulse for five years. Prior to that he spent five years in operational roles at Pulse, most latterly as head of debtor management. Prior to Pulse he spent four years at Barclays within their risk team.

Terry said: “I’m delighted to be taking on this new role at what is going to be a challenging time for UK businesses. As the economy faces a difficult year ahead, we need to double our efforts in ensuring we recognise and manage our portfolio accordingly. In addition to that ensuring we can deliver responsible funding solutions to businesses who need access to funding quickly to support their businesses will be our priority. Pulse has ambitious growth objectives and I’m committed to ensuring that myself and my team continue to support the achievement of these goals.”

Toni Dare, MD at Pulse Cashflow Finance, added: “I’m absolutely delighted that Terry has been recognised for his contribution to the business over the last decade. His appointment as risk director is testament to his leadership of the function in recent years and confirms our commitment to promoting from within our own teams and demonstrates the success of investing in our employee’s development. Terry is well known across the industry having earned a strong reputation within his specialism and will continue to be a real asset in supporting our growth and ambitious plans as we move forward.”