Who we are:

Financeit is a point-of-sale financing provider serving some of the largest home improvement and retail organizations in Canada.

Our platform helps businesses close more sales by offering customers affordable monthly payment options for their next big home improvement, vehicle or retail purchase.

We are small enough that you can make an impact within the company and large enough to make an impact in the market.

Financeit is a company where collaboration, inclusivity, fairness, and respect aren't just ideas that get talked about, but are part of who we are. If such a workplace intrigues you, we hope you'll join us.

About the role:

Do you thrive on finding simple and elegant solutions to complex problems using data and technology? Are you curious about the intersection of indirect lending, consumer finance, capital markets and fintechs, and excited to join a team that tackles big challenges head-on?

If you're ready to take your strategic thinking, advanced analytics skills, and knack for digging into the details to the next level while leaving your mark on a rapidly growing organization, we want to talk to you! Oh, and yes, being fun matters. A lot.

As the Manager of Risk Strategy for Commercial & Channel Risk, you'll work on developing channel, commercial/small business (B2B), and customer (B2B2C) risk management strategies for our largest verticals – home improvement & vehicle lending – and some of our most sensitive products – multi-stage financing - using a balanced strategic and analytic approach.

What you'll do:

• Develop a company framework for managing channel, individual merchant, commercial product (multi-stage financing), and concentration (ex. sub-vertical, geography, macroeconomic, etc.) risk.
• Build, deploy, maintain, continuously improve ROA-optimising channel and merchant-level underwriting strategies, decisioning criteria, scores & controls.
• Support the development and continuous improvement of ROA-optimising consumer credit policies, strategies and tests for the home improvement and vehicle channels by ensuring that commercial counterparty exposure and channel effects are taken into consideration.
• Obtain internal alignment on and deploy risk policies that are compliant with the organisation's risk appetite.
• Monitor strategy performance, develop and execute backtesting, and help guide reporting and trigger requirements – working collaboratively with cross-functional stakeholders as required - to ensure that policies, strategies, and scores are effective and high-performing.
• Conduct regular merchant and loan quality audits and recommend changes to policies and procedures.
• Contribute to the continuous improvement of team efficiency and effectiveness by identifying high quality data sources and opportunities for the team to apply automation to key processes, reports and documentation.
• Go beyond the basics and dig deep into trends, anomalies and analytic findings to link them to actual real-world events, macroeconomic events, industry developments, and/or customer attitudes and behaviours to draw meaningful insights that can improve ongoing business outcomes.
• Work with cross-functional partners to understand and incorporate their ideas and objectives into risk strategies.
• Bring energy, positivity, and a team-first attitude every day, while striving to make the team and yourself better.

Requirements

• Bachelor's degree in a quantitative field (e.g., Engineering, Math, Computer Science, Applied Sciences, or Finance).
• 3-5 years of full-time and/or internship experience in B2B and/or B2B2C (indirect channel) strategy, analytics, data science, credit and/or fraud risk management, or finance with a significant focus on both qualitative (ex. expert judgment / manual underwriting) and quantitative (statistical scorecard development) approaches
• 3+ years of applied experience in building both quantitative and qualitative strategic plans, advanced models and policies
• 3+ years of experience creating senior management ready communications and presentations with Excel, PowerPoint & Word
• Advanced skills in data manipulation and statistical modeling, with proficiency in Python, SQL, Excel, and Angoss Knowledgeseeker (nice-to-have)
• Experience conducting complex B2B risk assessments, indirect lending / consumer credit risk, or business analysis at a financial institution, a strong asset
• Strong strategic thinking, judgment, communication (verbal, visual, and written), with advanced problem-solving and analytical skills.
• Legitimately curious and passionate about finding the “right answer,” with a detail-oriented mindset and a “healthy sense of paranoia” about quality.
• Highly organized and driven, with the ability to manage competing priorities while meeting deadlines.
• You thrive in a collaborative environment and bring energy and enthusiasm to the team culture.

Benefits

Certified as one of Canada's Most Admired Corporate Cultures twice, we offer more than just the basics. Take advantage of:

• An award-winning culture with a collaborative & inclusive team.
• Competitive pay and performance based bonus.
• Committed to flexible work arrangements, offering hybrid workplace options (2 days in office).
• Comprehensive medical, dental and vision coverage + Lifestyle Account.
• RRSP Matching and Parental Leave Top Up Program.
• In office massage, meditation & workout sessions.
• Virtual events such as Lunch & Learns, company parties, fun team activities and charity initiatives.
• Career learning and development programs.

Next Steps:

If what you just read excites you, we'd like to hear from you! Please submit your application and we'll contact you if you become selected for a phone interview.

Financeit is an equal opportunity employer. Accommodations are available on request for candidates taking part in all aspects of the selection process.