Manager, Credit & Risk

Foss National Leasing; Vaughan; On-site; CAD 70,000 - 100,000; Full time

Job summary

Foss National Leasing is looking for a results-driven Manager of Credit & Risk. You will oversee credit assessment processes, manage risk exposure, and ensure compliance, contributing to the company's financial performance and success. This role offers growth opportunities in a supportive environment that values innovation and customer service.

Benefits

Competitive compensation and comprehensive benefits package

Opportunity for growth and career development

Supportive, positive, and collaborative work environment

Qualifications

• 5 years credit and collections management experience.
• Strong knowledge of credit environment, internal controls, and compliance.
• Experience using multiple credit evaluation tools is essential.

Responsibilities

• Assess customers' credit worthiness and set/manage credit limits.
• Ensure compliance with financial institution's credit requirements.
• Monitor Accounts Receivables across multiple locations.

Skills

Judgement

Problem Solving

Attention to Detail

Organizational Skills

Education

University degree in Accounting / Finance

Tools

Equifax

Dun & Bradstreet

Moody’s

Fitch

S&P Global Ratings

Job description

For over 45 years, Foss National Leasing (FNL) has been a part of the Foss Automotive Group, established in 1967. It is the largest privately owned and operated fleet management company in Canada. Foss has a reputation for superior customer service and providing solutions tailored specifically to the needs of today’s automotive fleet managers.

About the Role

We are seeking a highly skilled and experienced Manager of Credit & Risk to join our team at Foss National Leasing. In this role, you will be responsible for overseeing credit assessment processes, managing risk exposure, and developing strategies to optimize financial performance while ensuring compliance with industry standards. This is an exciting opportunity for a results-driven professional to contribute to the success and growth of our organization.

Key Responsibilities

• Assess customers credit worthiness and set and manage customer credit limits.
• Ensure compliance with our financial institution’s credit requirements.
• Utilize available credit information to evaluate credit risk, determine payment terms, and set appropriate credit limits for new accounts.
• Assist in the collections of outstanding customer amounts.
• Monitor the Accounts Receivables of multiple locations to ensure timely collection of funds and handle the most.
• Manage escalated and high-dollar receivables, negotiating payment arrangements, and recommending actions for bad debt, collections, or legal recourse.
• Ensure company policies and procedures are followed by AR staff and that all transactions are correctly reflected in the accounts.
• Continuously strive to improve work methods and processes.
• Ad hoc projects and duties as required.

Qualifications

• University degree in Accounting / Finance.
• 5 years credit and collections management experience.
• Experience using Equifax, Dun & Bradstreet, Moody’s, Fitch, and S&P Global Ratings.
• Strong knowledge of credit environment, internal controls, and compliance.
• Strong judgement, problem solving, attention to detail, and organizational skills.

What You Can Expect from the Company

• A supportive, positive, and collaborative work environment.
• Competitive compensation and a comprehensive benefits package.
• Opportunity for growth and career development in a family-owned, nimble, and customer-centric work environment.

Our Culture Sets Us Apart !

We work hard, we achieve results, and we have fun along the way. If you're looking to join a team that values dedication, innovation, and a customer-first approach, we’d love to hear from you!

At Foss National Leasing, we are committed to fostering an inclusive and equitable workplace where everyone has the opportunity to thrive. We provide equal employment opportunities to all individuals, regardless of race, colour, religion, sex, gender identity, sexual orientation, national origin, disability, age, or any other characteristic protected by law. We believe that embracing diversity fuels innovation, strengthens our connections with customers, and cultivates a more vibrant and supportive work environment.

Our dedication to fairness and respect is woven into every aspect of our employment practices. From recruitment and hiring to training, career growth, compensation, benefits, and beyond, we strive to ensure that every employee and applicant is treated with dignity and given the opportunity to succeed.