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Director, Risk Data, Initiatives & Systems

Hybrid
Toronto, ON
Senior Level
full_time

Top Benefits

Health & wellbeing resources and programs
Paid vacation, personal, and sick days for work-life balance
Competitive compensation and benefits packages

About the role

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.

We are everything a traditional financial institution is not. At QFG, you will be constantly moving forward, bringing the future of fintech into existence. You will be a part of a collaborative team that cares deeply about our mission and each other. Your team members will help you conquer challenges, push boundaries and discover what you are truly capable of.

This is a place where you can explore, discover and learn with continuous growth. As a diverse and inclusive place to work, with a hybrid working environment you can unleash your creativity and curiosity with no limits. If you share the same sense of infinite possibility, come shape your future at QFG.

What’s in it for you as an employee of QFG?

  • 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

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

The Director will have critical responsibilities to lead strategic projects from a risk perspective with special emphasis on risk data infrastructure and systems. The incumbent will work with the Journey and the Product to define the roadmap for risk systems, implement the roadmap and manage the risk models, 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 will be required to have a strategic vision of the risk systems and data infrastructure in a run state bank with multi-product LOBs. The Director will lead and manage many initiatives working with cross functional teams e.g., Journey, Products, Marketing, Technologies, Compliance, and other Risk teams.

Need more details? Keep reading…

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

Strategic Vision:

  • Defining risk system requirements for end to end risk management for lending products.
  • Identifying and managing various vendors provided solutions and onboard 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 launch 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 the 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 a strong discipline on costs avoiding budget run over.

Leadership:

  • Providing regular updates to senior executives on progress and challenges.
  • Defining achievable milestones for long projects to ensure high morale amongst immediate and collaborative teams
  • Developing in house expertise to manage the onboarded systems for self reliance and cost reductions.

So are YOU our next Director, Risk Data, Initiatives & Systems? You are if you…

  • Hold a degree in computer science or software engineering with a business degree
  • Have 10+ years of experience in managing credit systems and / or credit strategy
  • Have experience with Tsys or HPS
  • Have experience with an established adjudication and transaction modeling system
  • Have experience with Fraud related systems
  • Have demonstrated an ability to lead complex projects
  • Have equal in-depth understanding of risk systems e.g., credit adjudication, transaction authorization, collection, frauds, and risk strategy
  • Have experience with managing credit adjudication system
  • Have a thorough understanding of how credit modeling and credit strategy works
  • Are proactive, agile with a start-up mindset to move quickly
  • Have experience of managing credit systems
  • Are team oriented and persuasive with a collaborative mindset

Sounds like you? Click below to apply!

#LI-NP1

#LI-Hybrid

At Questrade Financial Group of Companies, with multiple office locations around the world, we are committed to fostering a diverse, inclusive and accessible work environment. This is an environment where individuals are treated with dignity and respect. Here, the unique skills and experience you bring will be valued. You will be supported and motivated, so that you can harness your unlimited potential. Our team reflects the diversity of the communities we serve and operate in. Having a collaborative and diverse team helps us push boundaries to bring the future of fintech into existence—not only for the benefit of our customers, but for those who build their career with us.

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.

About Questrade Financial Group

Financial Services
1001-5000

Questrade is an award-winning low-cost digital alternative to traditional banks that is changing the Canadian financial services industry. We empower Canadians by giving them better, more affordable ways to take control of their financial future by using cutting-edge technology to develop innovative products. Questrade offers Canadians an easy way to invest in securities and foreign currency and provides online wealth management and mortgage through the Questrade Group of Companies, with more financial products in development.

At Questrade, we care deeply about helping Canadians become much more financially successful and secure. We believe in infinite possibilities, not only for our customers but for those who build careers with us. Our exceptional culture and forward-thinking workplace policies make Questrade a great place to work and build a career. We are a collaborative, diverse team that shares the same sense of infinite opportunity. Our beliefs, values, and atmosphere make you feel part of something bigger than yourself.

Throughout our multiple worldwide offices, we are reshaping the way we work, offering flexible options that allow our people to work remotely, from the office, or a hybrid mix of both.

Whether you want to kick-start your career or accelerate it, Questrade is the place for you. We offer rich learning experiences and exciting career path possibilities. Here you will be challenged. You will make your path, constantly moving forward, bringing the future of fintech into existence.

Come shape your future at Questrade.