Vice President, Credit Risk

Neo Financial Technologies Inc.; Toronto; On-site; CAD 120,000 - 180,000; Full time

Job summary

An established industry player is seeking a Vice President of Credit Risk to lead their consumer credit risk and lending functions. In this pivotal role, you will oversee the strategy and execution of risk management practices while collaborating with the founding team to drive the company's growth. Ideal candidates will have extensive senior leadership experience, a strong understanding of credit risk management, and a passion for building effective teams. This is an exciting opportunity to make a significant impact in a rapidly growing fintech environment, where your insights and leadership will shape the future of financial services in Canada.

Benefits

Equity through stock options

Inclusive work environment

Flexible working hours

Professional development opportunities

Qualifications

• 10+ years of senior leadership experience in consumer credit risk.
• Strong knowledge of credit risk management and loss mitigation.

Responsibilities

• Oversee strategy and execution of consumer credit risk functions.
• Manage credit risk and loss mitigation strategies and operations.

Skills

Consumer Credit Risk Management

Leadership

Communication Skills

Strategic Thinking

Project Management

Entrepreneurial Mindset

Education

Bachelor's Degree in Finance

Bachelor's Degree in Mathematics

Bachelor's Degree in Statistics

Tools

Credit Risk Tools

Lending Systems

Job description

Come Build a Better Financial Future for all Canadians

At Neo, we’re building a more rewarding financial experience for all Canadians.

Life at a rapidly expanding tech startup is demanding, exhilarating, and not for everyone.

From world-class creative minds to brilliant engineers, it's high-performing people that make Neo a workplace with passion and purpose.

Since being founded in 2019, Neo has built incredible traction and is one of the fastest growing fintechs in Canada.

• LinkedIn’s Top Startup in Canada for 2022 and 2023
• Top-ranked mobile apps and credit cards
• Canada’s top-rated credit card
• Team of 700+ people
• 1M+ customers in 3 years

High Performance at Neo

We recruit, hire, and build our company culture around these attributes:

Teamwork: We trust, respect, encourage, and show up for each other — through good times and hard.

Ownership: We all have a stake in Neo’s success — so we go out of our way to do what needs to get done.

Professional Integrity: We hold ourselves (and each other) to the highest standards of integrity.

The Role

We’re looking for a Vice President of Credit Risk to partner with our founding team to continue building and scaling the business through our next phases of growth.

What you'll be doing:

• Oversee the strategy and execution of Neo’s consumer credit risk and lending functions.
• Develop and oversee the creation of credit risk and lending tools, systems, and processes.
• Grow Neo's capabilities in industry leading risk management practices.
• Work with the management team to develop and execute corporate strategy and business plans.
• Provide a risk lens and thought leadership on strategic opportunities.
• Manage all credit risk and loss mitigation strategies and operations.
• Lead the development and oversight of strategic initiatives.
• Manage and support cross functional initiatives.
• Evaluate, improve and help build cross-company processes.
• Collaboration with key stakeholders across the organization.
• Represent Neo across industry consortiums and working groups.

Who we are looking for:

• A minimum of 10 years of extensive senior leadership experience in consumer credit risk functions.
• Bachelor's degree in finance, mathematics, statistics, or a related discipline.
• Extensive knowledge of consumer credit risk management and loss mitigation.
• Excellent communication skills; ability to develop concise summaries of complex analyses.
• Commercial orientation with P&L understanding of Consumer lending products.
• A business leader with strong experience building and scaling a risk team.
• Experience overseeing complex projects through completion.
• Entrepreneurial DNA - comfortable building a business from the ground up.
• Strategic thinker with a strong ‘business sense’.
• Excellent EQ - managing relationships with a large external network.

Working at Neo:

Joining Neo means betting on yourself and discovering your full potential.

The people who thrive at Neo are resourceful, relentless, and want to win.

Our team members earn meaningful equity in the company through stock options.

Check out these videos from our employees to learn more about Working at Neo.

Apply with us:

We believe in equal opportunity and are committed to creating an inclusive climate.