Senior Associate, Business Lending

The role

You will own credit policy for business lending products, starting with a business credit card. You will design underwriting frameworks, build line management strategies, and partner with collections to manage risk.

What you will do

• Design and own adjudication policy for a new business credit card
• Own line management strategy for business credit products
• Partner with the collections team to design risk-managed treatment strategies
• Evaluate the performance of the business lending portfolio and policies
• Propose policy enhancements to improve marginal profitability
• Help define the data and underwriting infrastructure needed for SMB lending
• Influence roadmaps across partner teams

Required qualifications

• Direct experience underwriting or setting credit policy for small and medium-sized businesses
• Writes SQL hands-on to self-serve data and build monitoring and analytics
• Ability to turn analysis into a clear recommendation for technical and non-technical audiences
• Ability to weigh incomplete or noisy information to reach well-grounded decisions

Nice to have

• 5+ years of experience in small business lending
• Knowledge of Canadian consumer credit bureau data (Equifax, TransUnion)
• Working knowledge of how business credit risk differs from consumer credit risk
• Experience across the credit lifecycle: adjudication policy, line management, pricing, and collections strategy
• Experience with statistical/quantitative analysis: experimental design, champion/challenger (or A/B) testing, model accuracy validation, constrained optimization, decision trees, discounted cash flows
• Experience with Python, and GitHub
• Airflow, AWS Redshift, and dbt

Benefits

• Top-tier health benefits and life insurance
• Long-term group savings with employer match, through Wealthsimple for Business
• 20 vacation days
• 4 wellness days
• unlimited sick and mental health days per year
• 90 days away: work outside Canada for up to 90 days per year

About the company

Wealthsimple is Canada’s leading financial innovator, offering a full suite of financial products. The company is headquartered in Toronto, Canada.