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Broadstone appoints Daniel Murdoch as director

Murdoch joins the firm from Coventry Building Society, where he served as head of credit model integration.

Daniel murdoch
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Broadstone has appointed Daniel Murdoch (pictured) as a director within its banking and credit advisory division.

Murdoch joins the firm from Coventry Building Society, where he served as head of credit model integration.

He has previously held roles at Nationwide, Lloyds Banking Group, TSB Bank and Virgin Money.

In his new role, he will lead internal ratings-based (IRB), capital management and model risk engagements, with responsibility for regulatory assessment, model design, validation, Pillar 2 requirements and wider model risk strategy.

The appointment comes as Broadstone continues to expand its banking and credit advisory division following the acquisitions of Vestigo Partners in 2024 and Rockstead earlier this year, alongside a number of senior hires.

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Damien Burke, head of regulatory practice in Broadstone’s Banking & Credit Advisory division, said: “Daniel is a highly respected risk modelling professional with extensive experience across the banking and credit markets.

“His expertise in risk modelling, model integration and regulatory frameworks will further strengthen the support we provide to clients as they navigate an increasingly complex environment.

“Daniel’s appointment reflects our continued investment in expanding the depth and breadth of our Banking & Credit Advisory team.

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“As demand for specialist support across credit risk continues to grow, his experience will be invaluable in helping clients achieve their strategic objectives.”

Murdoch said: “Broadstone is building a strong reputation for delivering high quality, independent regulatory modelling services for the banking and credit sectors and I am excited to join the business at such an important stage of its growth.

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“The banking and credit sectors are facing a range of challenges and opportunities, from evolving regulatory expectations to advances in data, analytics and risk modelling.

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“I look forward to working with Broadstone’s clients and colleagues to help organisations strengthen their risk management frameworks and deliver positive outcomes.”