Strategic Leader for Credit Card Portfolio Growth

5 days ago


Old Toronto, Canada Fairstone Full time

Job Description:

As a Senior Vice President, Corporate Development at Fairstone, you will be responsible for driving the growth of our credit card portfolio. This role requires a strategic thinker who can lead a team of Directors and professionals to optimize results from existing and new partners.

Key Responsibilities:

  • Foster strong relationships with internal and external stakeholders to ensure efficient operations and success
  • Develop and execute strategies for targeted growth on MasterCard and all credit cards portfolios
  • Lead a team of Directors and other professionals to achieve growth targets and profitability thresholds
  • Stay up-to-date on market trends, performances, and competitors to inform business decisions
  • Maintain a network of key partners and develop innovative acquisition solutions to accelerate growth

Accountabilities:

  • Drive overall credit cards sales and receivables worth billions of dollars
  • Make strategic decisions that impact corporate results
  • Own pricing offers and profitability of key accounts and credit cards product lines
  • Manage an important budget for the cards business line
  • Collaborate with senior executives to drive business growth and profitability

Requirements:

  • Bachelor's degree in Business Administration and MBA
  • 10+ years of experience in sales and business development, with 7-10 years leading a senior team
  • Experience in credit cards industry (VISA, MasterCard) and leadership roles
  • Strong relationship building, change management expertise, and problem-solving skills
  • Fluency in French and English, with ability to work with customers across Canada

Compensation: Estimated annual salary is $180,000-$220,000, depending on location and experience.

About Us: Fairstone is a reputable financial institution committed to providing excellent services to its clients. We value honesty, integrity, and collaboration among our employees and partners.



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