Nomis Solutions, an innovative fintech company focused on ensuring ongoing value creation for the world’s smartest financial institutions, has appointed Joe Zeibert as managing director of global lending solutions. In this role, Zeibert will work closely with Nomis’ banking clients around the world to identify mortgage and other consumer lending opportunities that can be enhanced through pricing optimization, price execution, and sales enablement.
Zeibert brings deep expertise in the innovation of pricing models for lending products. He joins Nomis from Ally Financial Inc. where, as senior director of product, pricing, credit, and analytics, he helped lead the build of Ally’s mortgage business from the ground up. Before that, as senior vice-president of consumer products and pricing at Bank of America, Zeibert led home-equity pricing, establishing Bank of America as the top lender in that segment and increasing the bank’s profitability through innovative pricing models. He also previously oversaw capital management for approximately $700BN of risk-weighted assets across all of Bank of America’s consumer products.
“To better compete, attract new customers, and build customer loyalty, banks must innovate their pricing models and processes. There is a tremendous opportunity in mortgage lending to improve lenders’ pricing processes to capture new market opportunities and increase profits in a competitive market,” said Zeibert. “Nomis has perfected the science that underpins advanced pricing analytics. And, more importantly, Nomis can help banks marry that science with their own intuition, insight, and creativity.”
The Nomis Lending Platform empowers banks to implement a customer-centric approach to pricing and offers that connect their clients with the products and features they value most to increase origination, utilization, and retention. Banks use Nomis solutions to increase margin growth and market share in residential, unsecured, and auto lending.
The addition of Zeibert to the team is part of Nomis’ ongoing mission to empower financial institutions to take a more scientific and technology-supported approach to asset and liability management, and thereby to better engage with their customers and build enduring, profitable relationships.
“I’m thrilled to have Joe on board our growing team of bank pricing experts. He joins a group of pricing geeks who appreciate his energy and enthusiasm for innovating the mortgage pricing process. The combination of his experience as a mortgage executive and practitioner with our technology vision for an end-to-end pricing platform enables Nomis to bring to market best-in-class mortgage pricing capabilities,” said Frank Rohde, CEO of Nomis.