CoreLogic hires new head of financial services solutions

Eugene Vassiliev, previously head of underwriting risk and business review at mortgage insurance provider Genworth Australia, has become CoreLogic’s new head of financial services solutions Australasia.

In his new role, which he started in late August 2020, Mr Vassiliev will oversee CoreLogic’s financial services solutions development.

According to the company, one of his main priorities is to help the financial services industry “grow, manage risks and optimise customer engagement”. As such, he will work to support CoreLogic clients in Australia and New Zealand “address their day-to-day challenges” including those across risk, operational efficiency and digitisation.

Prior to joining CoreLogic, Mr Vassiliev had a long career with Genworth Australia. Covering nearly two decades, he worked at the mortgage insurer in a variety of roles across operations, product development and risk management. Most recently, he was responsible for the business’s digital underwriting capabilities, valuation strategy and quality assurance.

CoreLogic welcomed the new appointment, highlighting his knowledge of the banking industry and “understanding of customers’ needs that will provide a fresh end-user perspective to solutions development”.

Milena Malev, the group’s newly appointed general manager of finance services and insurance Australasia, commented: “We’re extremely pleased to have Eugene join the CoreLogic Australasia financial services solutions team with his vast experience and knowledge of the industry.  

“His appointment will ensure CoreLogic continues to provide the most impactful and innovative solutions for clients, especially in the new banking reality,” she said.

Speaking of his new appointment, Mr Vassiliev commented: “Lenders are operating in a challenging environment at the moment. The increase in hardship assistance and loss mitigation activities is putting upward pressure on expenses and loss provisions. Regulatory focus on data quality and security, risk management and climate change readiness has also been heightened. At the same time, there is an ongoing expectation of lenders to maintain and grow profitable lending portfolios. 

“I look forward to being in a position to help our customers find much needed efficiencies in their businesses through increased digitisation and automation, and explore future growth opportunities while keeping the regulators happy.”

[Related: CoreLogic poaches ex-ANZ head]