Hornsby will sit on TML’s executive committee and its board and will be responsible for managing credit risk, conduct risk, regulation, and compliance, which includes managing TML’s response to upcoming Consumer Duty legislation.

He joins TML with 30 years of experience in the finance and property sector, having worked with Shawbrook, where he was property risk director. 

Prior to this, he worked at Barclays where he was director of mortgage credit risk.

Meanwhile, Porter joins TML with 20 years of experience having worked for a number of lenders and banks in the industry, including Shawbrook, where she spent more than 16 years in both credit and risk roles. 

These included several senior management positions, and most recently head of platform lending and acquisitions risk.

In her new role, she will report to Hornsby and be responsible for developing TML’s current credit framework, providing direction and guidance to the underwriting team on risk appetite, while creating and maintaining lending policies. 

In addition, she will be developing the company’s risk and credit management framework for residential and buy-to-let products. Porter will lead a team of MI and credit analysts and a credit manager. 

TML chief executive Peter Beaumont says: “We are pleased to welcome Neil and Gemma to the TML family.”

“They bring with them a wealth of experience when it comes to understanding and crafting a business’s approach to credit and conduct risk structures, as well as compliance and regulation, and we look forward to each of them sharing their expertise as we evolve our credit policies which will support the business with its growth plans.”