Director, Risk Data, Initiatives & Systems

Community Trust Company; Toronto; Hybrid; CAD 120,000 - 150,000; Full time

Job summary

A leading financial services provider in Toronto is seeking a Director, Risk Data, Initiatives & Systems. This role involves leading strategic projects related to risk data infrastructure and managing cross-functional teams. The ideal candidate has over 10 years of experience in credit systems and must have a degree in computer science or software engineering along with a business degree. The role offers competitive compensation and a hybrid work environment.

Benefits

Health & wellbeing resources

Paid vacation and personal days

Career growth opportunities

Qualifications

• 10+ years of experience in managing credit systems and/or credit strategy.
• Experience with established adjudication and transaction modeling systems.
• Deep understanding of risk systems including credit adjudication and fraud.

Responsibilities

• Define risk system requirements for lending products.
• Manage projects with long timelines and multiple stakeholders.
• Provide regular updates to senior executives on projects.

Skills

Leadership

Project Management

Risk Systems Management

Collaboration

Agile Mindset

Education

Degree in Computer Science or Software Engineering

Business Degree

Tools

Tsys

HPS

Job description

Bank of Canada Building, 250 University Ave, Toronto, ON M5H 3E5, Canada

5700 Yonge St #210B, North York, ON M2M 4G3, Canada

Overview

Questrade Financial Group (QFG), through its companies - Questrade, Inc., Questrade Wealth Management Inc., Community Trust Company, ThinkInsure, Zolo, and Flexiti, provides securities and foreign currency investment, professionally managed investment portfolios, mortgages, insurance, 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. QFG seeks to move forward with fintech innovations in a collaborative, inclusive environment.

What’s in it for you

• 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

Role

We’re looking for our next Director, Risk Data, Initiatives & Systems. Could It Be You?

The Director will lead strategic projects from a risk perspective with emphasis on risk data infrastructure and systems. The incumbent will work with the Journey and the Product teams to define the roadmap for risk systems, implement the roadmap and manage risk models and strategy within the system. This role will serve as a Single Point of Contact (SPOC) from Risk to define the risk system requirements for a new bank and banking products. The incumbent should have a strategic vision of risk systems and data infrastructure in a run-state bank with multi-product lines of business. The Director will lead and manage multiple initiatives with cross-functional teams (e.g., Journey, Products, Marketing, Technologies, Compliance, and other Risk teams).

In this role, responsibilities include but are not limited to :

Responsibilities

• Strategic Vision: Defining risk system requirements for end-to-end risk management for lending products.
• Identifying and managing various vendor-provided solutions and onboarding them.
• Defining integration plans for various systems.
• Clearly defining Risk Data strategy and working with Technologies to execute on them.
• Creating and managing a state-of-the-art end-to-end risk system for adjudication, authorization, and account management for lending products.
• Setting standards and processes for data governance, accuracy and completeness.
• Infrastructure and Data: Deploying the infrastructure for new product launches in a timely manner.
• Optimizing orchestration of vendor solutions with a strong emphasis on cost reduction without compromising on the ability to minimize credit, fraud and other risks.
• Defining and designing the Data strategy for production usage and offline analytical needs.
• Understanding business needs to architect the risk systems for flawless execution of the product plan with equal emphasis on meeting risk standards.
• Project Management: Managing projects with long timelines and multiple stakeholders; collaborating with Journey teams to manage projects beyond risk impacts; managing contracts with multiple vendors with cost discipline to avoid budget overruns.
• Leadership: Providing regular updates to senior executives on progress and challenges; defining achievable milestones for long projects; developing in-house expertise to manage onboarded systems for self-reliance and cost reductions.

Qualifications

• Hold a degree in computer science or software engineering with a business degree
• 10+ years of experience in managing credit systems and/or credit strategy
• Experience with Tsys or HPS
• Experience with an established adjudication and transaction modeling system
• Experience with Fraud related systems
• Demonstrated ability to lead complex projects
• Deep understanding of risk systems (e.g., credit adjudication, transaction authorization, collection, fraud, risk strategy)
• Experience with managing credit adjudication systems
• Understanding of how credit modeling and credit strategy work
• Proactive, agile with a startup mindset to move quickly
• Experience of managing credit systems
• Team-oriented and persuasive with a collaborative mindset

How to apply

Sounds like you? Click below to apply!

Questrade Financial Group of Companies Applicant Tracking System utilizes artificial intelligence (AI) for application screening. The AI system operates on predetermined criteria, with final decisions subject to human review. Candidates selected for an interview will be contacted directly. If you require accommodation during the recruitment/selection process, please let us know and we will work with you to meet your needs.

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