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Director of Credit Risk Management

2 months ago


Old Toronto, Ontario, Canada Flexiti Financial Full time
Director, Credit Risk Strategy - Credit Adjudication

We're a leading fintech lender in Canada, dedicated to making life more affordable for Canadians. Our flexible financing options help boost sales for our retail partners. If you're passionate about data-driven decision making and want to be part of a community where your ideas matter, join us at Flexiti and let's drive innovation together.

Key Responsibilities
  • Lead a high-performing credit risk management team that leverages data and analytics to develop and execute credit adjudication strategies for our private-label and general-purpose credit card portfolios.
  • Develop and implement profitable Prime and Non-Prime credit adjudication strategies that maximize approval rates, minimize customer friction, and deliver profitable risk-adjusted yield.
  • Provide subject matter expertise on managing credit risk in the portfolio, including credit card data analysis and key performance metrics.
  • Manage key vendor relationships, including the credit bureau and decision-engine provider.
  • Develop, implement, and monitor credit risk segmentation, risk-ratings, and scores used in adjudication and pricing.
  • Develop KPIs and implement reporting that provides insights into the credit risk of originations and detects emerging credit-related trends.
  • Monitor, identify, and escalate material credit risks and trends, taking ownership of action plans to mitigate losses.
  • Produce actionable business insights through the analysis of data.
  • Support Legal and Compliance to deliver AML and reporting regulatory requirements.
  • Collaborate with a broad range of internal and external stakeholders, including those in Risk Management, Software Development, Product Management, and Operations.
Qualifications
  • University Degree in a quantitative field, economics, business, engineering, or equivalent.
  • Combined minimum of 12+ years of experience analyzing credit card data, implementing credit risk strategies, and making strategic recommendations to senior management.
  • Strong understanding of consumer credit card industry and products, credit card business fundamentals, knowledge of P&L reporting and the credit card lifecycle.
  • Experience with credit card adjudication platforms, parameter settings, and rules management.
  • Knowledge of credit card data and Key Performance metrics.
  • Previous people management experience.
  • Excellent communicator who will leverage strong oral and written communication skills to effectively present key findings to senior management and other team members.

Flexiti is committed to creating a creative and inclusive work environment where employees feel free to be who they really are. All job candidates at Flexiti are entitled to equal employment opportunities regardless of their race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran status, marital status, status as a domestic partner, or any other legally protected status.

Flexiti utilizes artificial intelligence (AI) for applicant screening, selection, or assessment.