Senior Manager, Portfolio Risk Management

2 weeks ago

Toronto, Ontario, Canada Purpose Unlimited Full time $120,000 - $180,000 per year

Purpose Unlimited is an independent financial services company with an unrelenting focus on customer-centric innovation, delivered through technology-driven solutions. Led by entrepreneur Som Seif, the company is developing a diversified product platform aimed at addressing historically underserved segments of the market. Purpose Unlimited's businesses include Purpose Investments, Advisor Solutions by Purpose, and Driven.

Who is DRIVEN?

At Driven, we are redefining the financial technology space with a mission to empower Canadian small businesses through innovative financial services. Our advanced software platform, real-time data connections, and data science models allow us to deliver tailored support to help entrepreneurs succeed when they need it most.

Team Mission:

Our Credit Risk team ensures the long-term health and performance of our lending portfolio. We use advanced analytics to monitor portfolio trends, forecast losses, and drive collections strategies. Our goal is to maintain a resilient portfolio through proactive risk management and data-driven decision-making.

Role Overview:

Reporting to the Director of Credit Risk & Collections, the Senior Manager of Portfolio Risk Management will lead efforts to monitor portfolio performance, develop loss forecasting models, and optimize collections strategies. You will play a critical role in identifying emerging risks, implementing controls, and supporting business decisions with robust analytics.

Key Responsibilities:
Lead the development of loss forecasting models and stress testing frameworks to assess portfolio resilience under various economic scenarios.Lead collections analytics and modeling to improve recovery rates and optimize treatment strategies.Monitor portfolio performance metrics and develop dashboards and reports for senior leadership.Identify emerging risks and recommend policy or operational changes to mitigate potential losses.Collaborate with Risk, Finance, Sales & Ops teams to ensure alignment of risk appetite and performance goals.Lead system migration initiatives and deployment of changes in portfolio management strategies, including the design, testing, and implementation of loan management and performance platforms.Support regulatory and audit requirements through documentation and validation of risk models and controls.Qualifications:
6+ years of experience in portfolio risk management, credit analytics, or related roles in financial services or fintech.Strong background in loss forecasting, stress testing, and collections analytics.Proficiency in data analysis tools and programming languages (e.g., Python, R, SQL).Experience implementing loan management platforms; demonstrated experience in system migration design, testing, and implementation.MBA or equivalent business experience preferred.Excellent communication and leadership skills with a track record of cross-functional collaboration.

Why should you join us?

  • We are one of Canada's Top Small & Medium Employers' 2023, 2024 & 2025. Three times in a row
  • We believe in innovation and a vibrant culture - work for an innovative, people-first, financial services firm that values entrepreneurialism.
  • We believe in a flexible work structure – A flexible hybrid work model that empowers you to do your best work whether at home or in the office.
  • We care about your rewards - Competitive compensation, including an equity program.
  • We care about your health – comprehensive group health and dental benefits and life insurance at little to no cost to you. We also offer a Lifestyle Spending Account for all your wellness needs.
  • We care about your quality of life - flexible paid time-off policy with unlimited vacation days, and flexible sick and mental health days.
  • We care about your family - Paid parental leave for eligible employees with a top-up.
  • We care about your future – Generous Group RRSP matching and an optional TFSA program.
  • We care about your development – We offer training opportunities and tuition support year-round.

Driven is an equal employer, and we are dedicated to fostering an inclusive and barrier-free work environment for all employees and candidates. We encourage all qualified candidates to apply, and if accommodation is required during any stage of the recruitment process, please contact any member of the People and Culture team at -

We thank all applicants for their interest; however, only those selected for interviews will be contacted.

Our work philosophy is a hybrid model allowing for flexibility and collaboration.

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