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Movement Mortgage Adds Stephen Polacek as Chief Credit Officer
Movement Mortgage has hired former KPMG executive Stephen Polacek as its new Chief Credit Officer. Polacek joins Movement to lead the financial services firm’s credit risk management strategy and operations. Polacek has three decades of experience in credit, risk management, regulatory compliance and mortgage finance over a broad career in financial services.
In his role as Chief Credit Officer, Polacek will have responsibility for Movement’s credit quality, credit culture, credit risk management and overall credit processes. He will report to Chief Financial Officer Laura Bowles and be based at the company’s National Sales Support Center headquarters in Fort Mill, S.C.
Most recently, Polacek served as Director, Financial Risk Management Advisory, at global advisory firm KPMG. He has also held management roles at Goldman Sachs, Bank of America and Fannie Mae.
“Steve is a talented leader who will bring extensive experience and a deep knowledge of credit risk and regulatory compliance to our team,” said Bowles. “We look forward to building on our commitment to excellent credit management with his expertise.”
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