Sr. Risk Manager, Loss Mitigation

7 days ago


Montreal, Quebec, Canada Purpose LP Full time
Sr. Risk Manager, Loss Mitigation (Bilingual - FR & EN)

Thursday, May 23, 2024

Purpose Unlimited is a financial services company emphasizing customer-centric innovation through technology-driven solutions. Led by entrepreneur Som Seif, the company aims to cater to historically underserved market segments through Purpose Investments, Advisor Solutions by Purpose, and Driven.

Who is DRIVEN?

At DRIVEN, we are reshaping financial technology to empower Canadian small businesses with innovative services. Our digital experience, supported by proprietary software, real-time data connections, and advanced data science models, serves as the foundation for providing timely financial support to owners and entrepreneurs.

Role Overview:

As the Sr. Risk Manager, Loss Mitigation at Driven, you will report to the Risk Director and play a crucial role in transforming risk management. Some key responsibilities include:

  • Be a catalyst for optimizing loss mitigation strategies and technology improvements.
  • Design and implement cost-effective strategies to minimize losses in Driven's lending portfolio.
  • Manage the end-to-end operating policy for loss mitigation, including identifying opportunities and implementing changes.
  • Oversee relationships with internal and external teams, ensuring accountability and performance excellence.
  • Demonstrate expertise in debt management, negotiation, and recovery tactics.
  • Analyze charged-off accounts and collaborate with key partners to drive improvement.
  • Establish and monitor loss mitigation KPIs, reporting to senior management as needed.

Qualifications:

  • Bilingual proficiency in French and English.
  • 5+ years of experience in risk and loss mitigation in financial services.
  • Expertise in managing delinquent customer lifecycle and insolvencies.
  • Demonstrated leadership in people management and talent development.
  • Strong strategic thinking skills with a data-driven approach.
  • Proficiency in Microsoft Excel and compliance knowledge.
  • Effective communication skills for reporting to senior leadership.
  • We value innovation and a dynamic culture, offering a people-first approach and entrepreneurial spirit.
  • We provide a flexible work model that allows for a productive hybrid work environment.
  • We offer competitive compensation and equity programs.
  • We prioritize employee health with comprehensive benefits and wellness programs.
  • We support work-life balance through generous paid time-off policies and parental leave.
  • We invest in your future with RRSP matching and development opportunities.

Purpose Unlimited is an equal employer committed to an inclusive work environment. Qualified candidates are encouraged to apply. Accommodations during the recruitment process can be arranged. Thank you for your interest, only selected candidates will be contacted.

We promote a hybrid work philosophy that encourages flexibility and teamwork.



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