Senior Analyst, Loss Mitigation Tools & Segmentation New Toronto, Canada

Momentum Financial Services Group.; Toronto; On-site; CAD 75,000 - 95,000; Full time

Job summary

A leading financial services provider in Canada seeks a Senior Analyst for Collections to spearhead data-driven solutions aimed at reducing loan losses. The role involves designing segmentation strategies and optimizing loss mitigation tools in a fast-paced environment. Candidates should have strong analytical skills and a master's degree in a quantitative field, alongside extensive experience in the financial sector focused on collections.

Qualifications

• 4+ years in Financial Services focusing on Collections or Credit Risk.
• Experience designing segmentation strategies using large-scale data.
• Proficiency in at least one statistical tool/language.

Responsibilities

• Develop and manage segmentation frameworks to identify at-risk customer groups.
• Monitor and optimize loss mitigation solutions like payment plans.
• Collaborate with cross-functional teams to align strategies with business goals.

Skills

Analytical rigor

Problem-solving mindset

Communication skills

Attention to detail

Education

Master’s degree or higher in a quantitative field

Tools

SQL

Python

R

SAS

Job description

Toronto, Canada

Momentum Financial Services is a leading provider of financial services in North America. For 40 years, we've been committed to providing financial solutions that meet the evolving needs of consumers and business owners. Through our retail network of over 400 locations, known as Moneymart, Insta Cheques and the Cheque Cashing store, we provide access to cash and related products to help our customers achieve their goals.

Our highly skilled workforce puts customers first in everything we do. We serve 2 million people annually with diverse and innovative financial products such as loans, cheque cashing, money transfer and prepaid cards. Through this ever-evolving suite of services, we empower customers to manage their finances and improve their lives. Wherever customers are on their financial journey, Momentum Financial Services Group provides solutions.

GENERAL FUNCTION

Momentum is on a mission to reshape the collections experience—making it more personalized, proactive, and effective. As a Senior Analyst – Collections (Loss Mitigation Tools & Segmentation), you will design and optimize the tools and strategies used to reduce loan losses while helping customers find their way back to financial health. This role blends data science, risk management, and strategic design to ensure that loss mitigation solutions are both effective and customer-centric.

You will develop segmentation logic, manage strategy deployment, and measure performance across a range of tools such as payment plans, deferments, settlements, and hardship relief programs.

DUTIES/RESPONSIBILITIES

• Build and refine segmentation frameworks that identify and target customer groups based on risk, behavior, repayment capacity, and hardship signals.
• Integrate predictive analytics to prioritize accounts for appropriate mitigation treatments.
• Define eligibility criteria, trigger logic, and outcome metrics for loss mitigation solutions.
• Support the ideation, rollout, and monitoring of scalable mitigation tools including:
• Extended repayment options
• Settlement offers
• Hardship relief programs
• Partner with IT, Product, Retail, and Legal/Compliance to translate strategies into decisioning systems and customer-facing solutions.
• Performance Monitoring & Optimization
  • Design dashboards and recurring analytics to evaluate treatment effectiveness (e.g., cure rates, roll rates, re-default rates, net loss impact).
  • Run A/B and multivariate testing on segmentation and tool performance.
  • Identify opportunities for continuous improvement and propose tactical or systemic enhancements.
• Stakeholder Collaboration
  • Act as a bridge between analytics, operations, and technology—ensuring loss mitigation strategies are executable, compliant, and aligned with company goals.
  • Present clear, data-backed insights and recommendations to senior leadership.

EDUCATION

• Master’s degree or higher in a quantitative field such as Data Science, Finance, Operations Research, Statistics, Computer Science, or a related quantitative field.

EXPERIENCE

• 4+ years in Financial Services, with a focus on Collections, Credit Risk, or Loan Servicing Analytics.
• Demonstrated experience designing segmentation strategies or treatment frameworks using large-scale data.
• Prior work with hardship or loss mitigation programs strongly preferred.
• Proficiency in SQL and at least one statistical tool/language such as Python, R, or SAS.
• Experience with decisioning systems, collections platforms, or customer management tools is a plus.

SKILLS

• Analytical rigor with a problem-solving mindset.
• Ability to balance business objectives, risk appetite, and customer outcomes.
• Strong communication skills; able to simplify complex data into actionable strategy.
• Independent and resourceful, with experience managing cross-functional initiatives.
• Strong attention to detail and ability to manage ambiguity in a fast-paced setting.

Additional Information

All your information will be kept confidential according to EEO guidelines.

*Notice to Ontario Applicants –Momentum Financial Services Groupis committed to accommodating applicants with disabilities up to the point of undue hardship during the recruitment, assessment, and selection process. If you are selected for an interview, please notifyMomentum Financial Services Group if you require accommodation in respect of the materials or procedures used at any time during this process. If you require accommodation,we will work with youto determine how to meet your needs.

Note to Internal Applicants: All internal applicants are required to notify current manager regarding interest in applying for this role.

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