Colin’s role is expected to cover the specialist finance broker’s regulated lending, which includes regulated bridging, buy-to-let, first and second charge loans.

He will also be responsible for strengthening Smart Money’s advised and non-advised intermediary-only relationships.

Colin has joined from Ocean Finance, where he was head of secured lending for the last five years.

He has over 22 years of financial services experience at both mainstream and specialist lending companies.

Colin said: “Smart Money is a business with an eye on the future and has some ambitious plans in the pipeline, which I’m really excited to be part of.

“Regulation has changed the landscape of the second charge marketplace in recent times, but there are still plenty of opportunities for the intermediary community.

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“And I look forward to engaging with new and existing introducer partners to see how we can build on these opportunities now and in the future.”

Smart Money recently underwent a strategic restructure, which included the launch of Smart Money Finance.

This new entity will manage the company’s unregulated business activity within the buy-to-let, bridging and commercial sectors.

Paul Crewe, managing director at Smart Money Ltd, added: “Colin has a wealth of financial services experience, especially within the second charge sector.

“He is passionate about the customer experience and delivering a start-to-finish process, which will ensure that high standards are delivered quickly and effectively.

“This is a key appointment for us, and we firmly believe Colin is the man to help us grow and to establish even closer relationships with our extensive introducer network.”