Veteran Servicing Operations Leader to Drive Growth Across Consumer Loan Servicing

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--

Concord, the leading credit administration servicing and software company for specialty finance markets, today announced the appointment of Andrew Coffey as Senior Vice President of Sales. Coffey brings nearly 30 years of experience in loan servicing and will drive growth across Concord’s consumer loan servicing business.

Coffey spent the first half of his career inside servicing operations, managing frontline teams and building expertise across consumer unsecured, auto, home improvement, and commercial lending before moving into sales leadership. He most recently served as Chief Revenue Officer, where he was responsible for new business development and client growth across multiple asset classes.

“Drew is exactly the kind of leader we look for at Concord,” said Peter Moody, Chief Revenue Officer of Concord. “He’s managed the teams that do the work. He’s run operations floors. When he sits across from a client, he can talk about what happens after the contract is signed, because he’s lived it. That’s how he understands what servicing execution means for portfolio performance, for cash flows, for the borrower experience. As we grow our consumer lending coverage, that perspective is exactly what our clients need.”

“Servicing only works if it works in production,” said Coffey. “Clean data, clear processes, and a team that can execute under volume. I’ve spent my career on that side of the business, and it shapes every conversation I have with a client. Concord has the operational depth to deliver on that promise, and I’m excited to bring that story to the consumer lending market.”

In his role, Coffey will work closely with consumer lenders and originators to deepen client relationships and grow Concord’s servicing portfolio.

About Concord

Concord provides credit administration servicing and software for originators, lenders, and institutional investors across consumer and commercial specialty finance. Headquartered in Scottsdale, Arizona, the company administers more than $60 billion in assets under administration and supports over 5 million accounts. Concord is backed by GTCR. For more information, visit concordfinance.com.

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Source: Concord