Spring Oaks Hires David Der as Head of Engineering

RICHMOND, Va. -- Spring Oaks Capital, LLC has hired David Der as Head of Engineering. He will report to Chief Technology Officer Paul Hurlocker.

David joins from Facebook where he served as a software engineering leader. His team at Facebook focused on building integrity systems for keeping its platforms and communities safe from malicious content and actors. Prior to Facebook, he co-founded Notch with Paul Hurlocker, a machine learning focused consultancy that was acquired by Capital One in 2017. David is a transformative leader with deep software engineering and machine learning expertise that will further Spring Oaks Capital’s mission of creating intelligent, engaging customer experiences.

Spring Oaks Capital is deeply rooted in compliance, technology, and serving as a consumer- centric partner to all of its stakeholders. David has a clear track record of delivering impactful, real-world data and machine learning driven solutions at companies like Facebook, Capital One, and Red Hat.

Paul Hurlocker stated, “David is a seasoned technologist, leader, and entrepreneur that will be crucial in helping us build a best-in-class engineering function. We’ve known each other for a long time, and I’m thrilled to have the opportunity to work closely with him again.”

David added, “I am delighted to be working with Paul again at one of the most exciting and fastest growing companies in this space. To be involved in leading transformational efforts in financial services by leveraging modern data and machine learning solutions is a vast opportunity and extremely exciting.”

About Spring Oaks Capital, LLC

Spring Oaks Capital is a national financial technology company, focused on the acquisition of credit portfolios. The Company subscribes to an employee and consumer-centric operating philosophy that creates high-value jobs, a significant performance lift, and the highest standards of compliance. Spring Oaks’ business strategy is rooted in innovative data-driven technology to maximize collection results and a contact platform that offers multi-channel options to meet each consumer’s communication preference. Spring Oaks has the management vision and experience to nurture a culture and DNA that is unique in the space. The executive team maintains deep experience end-to-end across the consumer finance lifecycle with some of the largest global banks and innovative FinTech platforms. To learn more about Spring Oaks and our revolutionary FinTech platform, please visit www.springoakscapital.com.