Careers at FundThrough

Head of Risk Management (open to remote)
Toronto, Ontario, Canada/US



Are you a seasoned risk management professional with a passion for leveraging the best of both worlds between human and technology based resources? Do you enjoy being part of a team that is making a real difference to the success of small business owners? If so, read on.

The Role

The Head of Risk Management will work closely with our Chief Risk Officer (co-founder) leading a team to build and optimize our risk-management strategies surrounding credit, fraud and factoring / funding risk. You will define our overall risk strategy, collaborating with key stakeholders with an eye toward ensuring scalability.  


What we offer

Opportunity to leave your mark on a rapidly-growing startupAn incredibly diverse team of brilliant minds from all over the worldCompetitive compensationHealth benefitsFamily-friendly policiesFlexible work from home policyBirthday treats, and a lunch of your choice every week (one of our values is Fun & Food!)

Note re Covid-19: We are currently working fully remotely. Once safe to do so, adhering to the highest level of public health advice, we will shift back to our “more in than out” policy for team members located within the GTA, with an average 3 days/week being in-office and 2 days/week offering the flexibility to work from anywhere.

About the Company

FundThrough is an online platform that enables businesses to control when they get paid on their invoices. We’re helping business owners eliminate cash flow gaps by giving them the power and flexibility to get their invoices paid when they want, with one click, and in as little as 24 hours through a magical tech-enabled platform. Launched in 2014 we’ve shot out to become a leader in the Canadian FinTech space, funding millions of dollars in invoices every month. We’re venture-backed and growing our revenue, customer base and technology aggressively.

Please note that due to the sensitive nature of the work we do, clearing a criminal record check is a condition of employment.

FundThrough encourages applications from candidates with differing abilities. Please let us know if you require accommodation at any stage in the selection process.

Position Overview

Job Responsibilities

Lead a team to build and optimize our risk-management strategies: credit risk; fraud risk; and factoring / funding risk.Develop and implement appropriate risk-management policies and procedures with Factoring Operations leadership and Chief Risk Officer (currently a co-founder).Engage and collaborate with AI / Data Science and Data teams to develop models that drive our processes wherever possible.Ensure appropriate human underwriting / intervention as needed in the onboarding, monitoring, client nurturing and collections processes.Work with Product / Engineering and Factoring Operations teams to identify and use external data and APIs to drive our effectiveness and efficiency.Leverage stakeholders across Factoring Operations, Data Science / AI, Product / Engineering, Marketing, Sales and Client Success to ensure strategies are app


 7+ years experience in financial services risk management, with direct experience around SMB lending – ideally, across multiple aspects of the customer journey (i.e., onboarding, underwriting, monitoring, collections); and involving both credit and fraud risk.Experience in developing and implementing credit / fraud risk strategy, policies, procedures, scorecards, exposure controls, mitigation campaigns, etc.Quantitative background in engineering, statistics, math, economics, business or related disciplines. Strong believer in test and learn; building and driving a data driven culture.Proven track record of working collaboratively with colleagues across a broad range of functions (including product, engineering, data science, sales and marketing) as well as experience presenting to senior leadership teams. Proven experience as a team lead and/or manager; willingness/desire to grow into a senior management role over time.Strong project leadership and project management skills, including setting and meeting clear targets and deadlines; and managing expectations among multiple stakeholders. Comfortable working in a fast-paced environment and dealing with ambiguity.Prior consulting experience a plus.

Note: We are open to this position being fully remote and invite candidates to apply regardless of geographic location, provided you are legally eligible to work in either Canada or the US.

Know someone who would be a perfect fit? Let them know!