About

About RESIMAC

Since our inception in 1985, we have evolved into one of this country’s most respected Non-Bank Lenders, proud to have assisted tens of thousands of Australians realise their financial solutions.

RESIMAC LIMITED (‘RESIMAC’) provides funding via its established and long standing Mortgage Originator partners plus other industry professionals, to date funding in excess of A$18bn across 34 domestic and offshore transactions. In an ever changing and increasingly complex global business environment, we continue to invest in our people, distribution partners and our technology to deliver quality processes, ensuring both RESIMAC and its Partners move forward with strength, open to these new world opportunities.

Australian owned with headquarters in Sydney’s CBD, RESIMAC is supported by key strategic partners including Perpetual Trustees, National Australia Bank, Westpac and the Commonwealth Bank of Australia. The RESIMAC team maintains a prudent and disciplined approach to risk and underwriting, product design and compliance. Understanding the needs of our customers and originators is central to all strategic decisions made by both our Executive Management and Board.

OUR HISTORY

Originally created to service and securitise residential loans for HomeFund, a New South Wales State government housing programme under the name of FANMAC, RESIMAC has evolved to become a leading wholesale lender providing many Australian borrowers with a compelling lending alternative to the banking sector with broad product features and competitive interest rates.

RESIMAC is the pioneer of Australian Residential Mortgage Backed Securities (RMBS), being the first issuer in 1988 and since then has issued more than A$18bn through 34 domestic and international RMBS issues, demonstrating its enduring presence as a leading non-bank issuer in Australia.

RESIMAC has also achieved a residential loan servicer ranking of ‘STRONG’ as assigned by Standard & Poor's, reflecting RESIMAC’s significant track record in providing Loan Servicing solutions for its loan portfolio as well as for other less equipped finance providers.

OUR FOCUS

RESIMAC offers a suite of Prime Lending and Specialist Lending products tailored to the residential lending market sourced from the third party distribution network of mortgage brokers and mortgage managers. Some of the key features of RESIMAC loans are the broad parameters suitable for borrowers with diverse needs, access to loan details online, and the option of a debit card linked to the loan.

RESIMAC is committed to the mortgage industry and to the further development of the mortgage securitisation industry in Australia, and will continue to support the endeavours of the professional mortgage introducers who share a similar commitment.

OUR VISION

The provision of best value service enabling operational and cost efficiencies through the strategic execution of technology.

The delivery of innovative products and services in disciplined risk management environment.

The generation of superior returns to shareholder.

OUR VALUES

Quality: Continuously looks for ways to do things better. Seeks the participation of all who can help bring the accomplishment of objectives.

Professionalism: Hold ourselves to highest standards of performance. Get the job done right and on time. Takes action to sharpen talents, skills and knowledge.

Teamwork: Applies the RESIMAC Vision when making decisions. Asks for help when appropriate from whomever is best able to provide it. Demonstrates trust in others to do their jobs. Encourages teamwork among both the work group and the department.

Customer Focus: Responds promptly to customer needs. Creates solutions that are responsive to customer needs. Demonstrates extensive, in-depth knowledge of his/her customer when making decisions. Exceeds customer’s expectations.

Respect: Respect for Each Other. Shows sensitivity to people’s needs. Shows respect for the opinions of others.

Board of Directors

Warren McLeland

Previously a senior managing director with JP Morgan Chase, Warren has over 30 years’ experience in domestic and international financial services. He is a director of a number of public and private companies including Trust Company Ltd, Capel Finance Ltd, Utilico Limited, Wilson HTM Investment Group Ltd and Ellect Holdings Ltd.

Susan Hansen

Susan is a chartered accountant with an MBA from the University of Cape Town. Susan has 30 years of experience in practice with the top accountancy firms and investment banking (financial analysis and risk assessment). Susan is a specialist in risk management including market risk management.

Michael Jefferies

Michael is a chartered accountant and holds a Bachelor of Commerce degree. He has extensive experience in finance and investment, including 15 years as an executive at Guinness Peat Group, and currently serves on a number of boards including at Tower Limited and Ozgrowth Limited and is Chairman of Touch Holdings Limited, Michael joined the board of RESIMAC in 2014.

Mary Ploughman

Mary commenced with RESIMAC in November 2002 where she assumed overall responsibility for funding the RESIMAC business which also entails managing some of RESIMAC’s key relationships with its bank funders, investors, the government and rating agencies.

Executive Team

Warren McLelandExecutive Chairman & CEO Previously a senior managing director with JP Mortgage Chase, Warren has over 30 years’ experience in domestic and international financial services. During his investment career, Warren’s roles have embraced investment management, stockbroking, treasury and capital markets and risk management.

Mary PloughmanExecutive Director, Securitisation

Mary commenced with RESIMAC in November 2002 where she assumed overall responsibility for managing some of RESIMAC’s key relationships with its bank funders, investors, government and rating agencies.

Mark AndersonChief Risk Officer

Mark commenced with RESIMAC on May 2009 with 34 years’ experience in the financial services, banking and insurance sectors, primarily focusing on lending and risk management.

Luis OrpChief Operating Officer

Luis commenced with RESIMAC in April 2001 after 4 years in the treasury and funding area of Elderslie Finance. He worked in the securitisation and funding area of RESIMAC for 8 years and was appointed to the position of Chief Financial Officer in June 2009, a position he held for the following 6 years.

Pierre de VillecourtChief Information Officer

Pierre was appointed as Chief Information Officer at RESIMAC in April 2009. Having had considerable experience furthering technology in both start-up and established business environments.

Peter FitzpatrickExecutive Director, Audit & Compliance and Company Secretary

Peter is the Company Secretary and Executive Director Audit and Compliance. He is a Chartered Accountant who worked for a chartered firm and oil explorer before joining RESIMAC in 1987.

Neal HawkinsChief Financial Officer

Neal joined RESIMAC in 2012 and is the Chief Financial Officer.

Neal has responsibility across a broad range of Finance function related activities, from financial accounting, tax and management reporting/decision support to transactional payments processing, payroll and cashflow management.