FundingShield appoints business development director

Fintech firm FundingShield, which provides solutions that protect mortgage lenders from wire fraud, has announced the appointment of Eric Hjelm as its director of business development.

Hjelm was previously the director of lender relations at First American Title Insurance Company, where he was responsible for engaging with senior management at various financial institutions, and providing compliance, regulatory, and risk management guidance in the mortgage-lending space.

Hjelm also helmed a variety of efforts for First American Financial subsidiaries, including regional management responsibilities for First American in the New England region. Furthermore, he acted as a state manager for Vermont and New Hampshire, where he led the national cross-selling effort within First American Title and delivered eAppraisal product growth for the firm.

“Eric brings decades long relationships and an understanding of how lenders, title companies and underwriters can leverage our products as well as new strategic opportunities that tie into the FundingShield product suite,” said Adam Chaudhary, president at FundingShield. “We are excited to have him join our growth.”