Octane Capital has recruited Dan Tyson as credit manager from Shawbrook Bank.

He will report into Matt Smith, Octane’s director of risk.

Tyson (pictured) spent the past seven years at Shawbrook Bank, initially in a lending manager and senior lending manager role, handling key broker accounts. In 2015, he was promoted to team manager, residential mortgages, with responsibility for underwriting high value and complex applications and seeing them to completion.

He said: “I’ve always enjoyed challenging myself and there’s no better place to do that than at Octane Capital, which has ripped up the rule book with its product-less, third generation lending. I can’t wait to get stuck in and help the company achieve the impressive growth targets it has set itself in the years ahead.”

Smith added: “The Octane risk team is quickly starting to form into the most impressive I’ve worked with. The expertise and experience levels we’re bringing in are off the scale. Crucially, all our credit team can effortlessly shift from everyday vanilla deals to the most complex loans in the market, which provides instant reassurance to the brokers we work with. Increasingly, we’re seen as a one-stop shop for both standard and non-standard loans.”