Chief Credit Risk Officer, Consumer Lending

1 week ago


Old Toronto, Canada Neo Financial Full time

About Neo Financial

At Neo Financial, we're on a mission to build a more rewarding financial experience for all Canadians.

We're a rapidly expanding tech startup that's demanding, exhilarating, and not for everyone. Our company culture is built around high-performing people who are passionate about making a difference in the financial services industry.

  • We've been recognized as LinkedIn's Top Startup in Canada for 2022 and 2023.
  • We offer top-ranked mobile apps and credit cards.
  • Our team of 700+ people is dedicated to delivering exceptional customer experiences.
  • We've served over 1 million customers in just three years.
  • We have an impressive network of 11,000+ retail partners.

About the Role

We're seeking a seasoned Vice President, Credit Risk to partner with our founding team to drive business growth through strategic planning and execution.

Your Key Responsibilities:

  • You will oversee the development and implementation of consumer credit risk management strategies to enable sound decision-making throughout the organization.
  • You will design and manage credit risk tools, systems, and processes to ensure effective and scalable decision-making.
  • You will lead the growth of Neo Financial's capabilities in industry-leading risk management practices by staying up-to-date on emerging trends and technologies.
  • You will work closely with our management team to develop and execute corporate strategy and business plans to drive short- and long-term growth objectives.
  • You will provide thought leadership on strategic opportunities to grow and scale the business while balancing risk tolerance.
  • You will manage all credit risk and loss mitigation strategies and operations to ensure effective end-to-end lifecycle management of our customers.
  • You will lead the development and oversight of strategic initiatives to enhance credit risk management performance.
  • You will collaborate with cross-functional teams to integrate foundational risk practices.

What We're Looking For

We're looking for a highly experienced leader with a minimum of 10 years of senior leadership experience in leading consumer credit risk functions at a fast-growing organization.

The ideal candidate will have a Bachelor's degree in finance, mathematics, statistics, or a related discipline, combined with education in business.

The successful candidate will possess extensive knowledge of consumer credit risk management and loss mitigation, commercial orientation, and P&L understanding of consumer lending products.

We're seeking a business leader with strong experience building and scaling a risk team, overseeing complex projects, and dealing with ambiguity.

Compensation Package

The compensation range for this role is $200,000 to $250,000 base salary + executive equity package + benefits.



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