Managing Director, Risk

Overview Questrade Financial Group (QFG), through its companies — Questrade, Inc., Questrade Wealth Management Inc., Community Trust Company, Zolo, and Flexiti Financial Inc. — provides securities and foreign currency investment, professionally managed investment portfolios, mortgages, real estate services, financial services and more. Questrade uses cutting-edge technologies to develop innovative products that give customers better, more affordable ways to take control of their money. We are a forward‑moving organization that values collaboration and innovation, and we aim to shape the future of fintech with a focus on AI as a transformative enabler. This is a diverse, inclusive workplace with a hybrid environment that encourages continuous growth and curiosity. We’re looking for individuals who can effectively integrate AI into daily work to increase efficiency, deliver exceptional employee experiences, and create cutting‑edge solutions for customers. What’s in it for you as an employee of QFG? Health & wellbeing resources and programs Paid vacation, personal, and sick days for work‑life balance Competitive compensation and benefits packages Work‑life balance in a hybrid environment with at least 3 days in office Career growth and development opportunities Opportunities to contribute to community causes Work with diverse team members in an inclusive and collaborative environment Position We’re seeking our next Managing Director, Risk & Finance. Flexiti is looking for a dual‑hatted growth‑oriented executive to serve as the Managing Director, Risk & Finance. In this pivotal strategic role, you will safeguard the organization’s financial health and risk profile while driving growth strategies as we solidify our position as Canada’s leading retail Co‑lender. Responsibilities As the Managing Director, you will provide strategic financial leadership and oversee the Finance function, including financial reporting, treasury, FP&A, and transaction services. You will partner with internal and external funding sources to ensure capital adequacy and liquidity planning, and collaborate with corporate on tax matters. Strategic Financial Leadership & Governance: Develop long‑term and execute short‑term strategies aligned with the company’s vision; design and implement internal financial controls to safeguard assets; provide independent reporting on significant risks, exposures, and financial trends. Enterprise Risk Management (ERM) & Compliance: Own risk management frameworks and policies; identify, assess, and manage financial risks; maintain independence from business units and embed controls across the organization; ensure compliance with internal policies and external regulatory requirements. Credit, Fraud, & Operational Risk Oversight: Develop strategies for credit management, fraud detection, and underwriting; assess exposure, reserves, and losses (including IFRS 9 ECL); oversee stress testing and model validation; review exceptions and escalate breaches. Financial Operations & Reporting: Collaborate on consolidated IFRS financial statements, audits, and corporate accounting; manage capital adequacy, liquidity, and treasury functions; support financial planning, budgeting, and forecasting; optimize performance within risk appetite. Team Leadership: Lead, develop, and mentor Finance and Risk professionals; ensure resources for risk management and compliance; establish succession plans. Qualifications & Qualities Education: Bachelor’s degree in Finance, Business Administration, or related field. MBA or professional designation (CPA, CFA) highly preferred. Experience: 15+ years in financial leadership and risk management, with at least 5+ years in a senior leadership role within a regulated financial institution or fintech lender that uses internal and external funding sources. Regulatory knowledge: Deep understanding of regulatory guidelines and compliance issues related to credit and fraud risk. Strategic mindset and growth orientation, with comfort in automation and AI tooling. Business insight into consumer financing, credit management, and the marketplace to advance organizational goals. Leadership: Ability to mentor diverse teams including Risk Strategy, Fraud Operations, and Financial Planning. Communication: Strong presentation and influencing skills for senior executives. Change management: Ability to drive strategic vision, process improvements, and large technology implementation projects. Application Sounds like you? Click below to apply. Questrade Financial Group is committed to a diverse, inclusive, and accessible work environment, where all individuals are treated with dignity and respect. We value the unique skills and experiences you bring to our team and will support you to reach your potential. Our team reflects the diversity of the communities we serve and operates in. A collaborative and diverse team helps us push boundaries to bring the future of fintech into existence. Additional notes Questrade Financial Group of Companies uses an AI-based Applicant Tracking System for screening. Final decisions remain subject to human review. Candidates selected for interview will be contacted directly. If you require accommodation during the recruitment process, please let us know and we will work with you to meet your needs. #J-18808-Ljbffr