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Financeit

Fintech enabling installment financing to $100k

Senior Manager, Lending Compliance

Regulatory Compliance & EthicsConfirmed live in the last 24 hours
Full-timeToronto, ON, Canada

About the Job

Requirements

  • A bachelor's degree in business law or a related field is required.
  • At least 5 years of experience in compliance, audit, legal, or an equivalent role.
  • Knowledge of the legislative process and legislation pertinent to financial services, as well as regulators and the regulatory environment for financial services and digital lending.
  • Ability to understand, analyze, and interpret legislation for business leaders.
  • Effective presentation skills and strong oral and written communication.
  • Analytical and problem-solving skills.
  • Sound and independent judgment, reasoning, and discretion.
  • Ability to lead, work with, and engage across functional boundaries.
  • Experience advising and collaborating effectively with business partners at all levels.
  • Ability to understand urgency levels and organize and prioritize work to meet deadlines.
  • Ability to build and maintain relationships with corporate departments and key business partners.

Responsibilities

  • Serve as the primary subject matter expert, advising business leaders on regulatory impacts, new products, services, and organizational initiatives.
  • Monitor legislative and regulatory changes across all jurisdictions to ensure ongoing alignment.
  • Create, update, and monitor the implementation of application compliance and operating policies.
  • Assist in developing and maintaining regulatory compliance training programs across relevant business lines.
  • Manage compliance frameworks daily and execute corporate licensing registrations and renewals for lending operations.
  • Prepare monthly reporting for the Senior Leadership Team and quarterly updates for the Board of Directors and Executive Team on key compliance items.
  • Prepare materials and actively run Enterprise Risk and Governance Committee meetings to support the Chief Compliance Officer.
  • Provide timely reporting on significant regulatory and compliance issues to the legal team.
  • Act as a Legal Department liaison on enterprise initiatives.
  • Monitor, test, and oversee the implementation of controls necessary to comply with regulatory developments and business processes.
  • Support the legal function with litigation management and corporate services as needed.

About the Company

Financeit

Fintech enabling installment financing to $100k

Financeit provides flexible, mobile-friendly financing options that let businesses offer customers customizable payment plans for projects and purchases up to $100,000, mainly in retail and e-commerce. It enables point-of-sale financing through an online portal and a support team, underwriting and managing the financing plans, including promotional rates and deferred payments so customers can pay over time. It stands out with a large partner network (over 8,000 businesses) and a high loan volume (over $5 billion processed), plus a mobile-focused platform tailored to retail, enterprise, big box retailers, OEMs, and dealer networks. Its goal is to help clients grow sales by making large purchases more accessible to consumers through flexible financing.

Company size
201-500
Company stage
Debt Financing
Total funding
$552.5M
Headquarters
Toronto, Canada
Founded
2007

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