Full-Time

Lending and Funding Operations Program Manager

Square

Updated on 2/10/2025

Block

Block

10,001+ employees

Financial services and payment processing solutions

Fintech
Crypto & Web3
Financial Services

Compensation Overview

CA$104.1k - CA$156.1kAnnually

Senior

Company Does Not Provide H1B Sponsorship

Toronto, ON, Canada

The role is specifically for the Canadian market, including Quebec.

Category
Project Management
Business & Strategy
Required Skills
Product Management
Risk Management

You match the following Block's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Over 5 years of experience in commercial lending, credit operations, or financial services.
  • Experience with program or project management within the banking or financial services industry, specifically in loans or related products.
  • Strong understanding of the Canadian commercial lending market and regulatory environment.
  • Excellent communication, leadership, and stakeholder management skills.
  • Ability to work cross-functionally and manage complex projects with multiple stakeholders.
  • Ability to drive program success from inception to completion.
Responsibilities
  • Define and maintain policy, process, and program structure for the CA market, including Quebec.
  • Coordinate program tasks across in-market teams including Customer Success (CS), Account Management (AM), Sales, Risk, Compliance and other operational support teams.
  • Develop lending and funding standard operating procedures (SOPs) and policies for the Square Loans and Funding Products.
  • Be an escalation subject matter expert for credit reviews, servicing requests, and insolvency paperwork.
  • Maintain relationships with in-market team members.
  • Partner with Product teams to ensure the success of the product.
  • Handle escalations and define operations processes to support the Loan and Funding Operational teams.
  • Develop and deliver training for operations teams, refining training materials based on feedback and product requirements.
  • Review and enhance procedures based on program changes, operational feedback, and in-market insights.
  • Scope and implement operational enhancements for Canada and other markets.
  • Stay up to date with Compliance, Legal requirements, or operational changes and incorporate feedback from CS, Sales, AM teams.
  • Develop project plans, track risks, dependencies, and collaborate with all Direct Responsible Individuals (DRIs).
Desired Qualifications
  • Familiarity with SQL, Looker, or similar business intelligence tools.
  • Fluent in French.

Block Inc. specializes in financial services, providing a range of products designed to support small businesses and individual users. Its main product, Square, offers point-of-sale systems and payment processing solutions that help businesses manage transactions efficiently. The Cash App allows users to send money to each other, invest in stocks and Bitcoin, and use a customizable debit card for purchases. Block is also venturing into the music streaming industry with TIDAL and is working on enhancing Bitcoin's utility and security through projects like Spiral and a dedicated hardware wallet. What sets Block apart from its competitors is its diverse ecosystem that integrates various financial services, making it easier for users to manage their finances in one place. The company's goal is to create a seamless and comprehensive financial experience for both businesses and individuals.

Company Size

10,001+

Company Stage

IPO

Total Funding

$477.1M

Headquarters

Oakland, California

Founded

2009

Simplify Jobs

Simplify's Take

What believers are saying

  • AI-driven fraud detection enhances security and user trust in Block's services.
  • Embedded finance solutions create new revenue streams for Block.
  • The trend towards cashless societies boosts Block's digital payment solutions.

What critics are saying

  • Regulatory scrutiny over AML and BSA compliance could impact Block's reputation.
  • Security failures in Cash App may lead to further legal challenges.
  • Block's TIDAL expansion faces competition from Spotify and Apple Music.

What makes Block unique

  • Block integrates Bitcoin and blockchain technology, attracting tech-savvy users.
  • Block's Cash App offers versatile financial services, including peer-to-peer transfers and investments.
  • Block is expanding into music streaming with TIDAL, diversifying its service offerings.

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Benefits

Remote Work Options

Health Insurance

Flexible Work Hours

Family Planning Benefits

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-2%

2 year growth

4%
CT News Junkie
Jan 20th, 2025
Connecticut Joins Settlement With Cash App Owner Block, Inc., For Violations And Security Failures

Connecticut joins settlement with Cash App owner Block, Inc., for violations and security failures.

MarketBeat
Jan 19th, 2025
Udine Wealth Management Inc. Invests $953,000 in Block, Inc. (NYSE:SQ)

Udine Wealth Management Inc. invests $953,000 in Block, Inc. (NYSE:SQ).

The FinRate
Jan 17th, 2025
Block Fined $255 Million Over Cash App AML and Fraud Failings

Block Inc. has been fined $255 million over AML and fraud failures on its Cash App platform, with penalties imposed by state regulators and the CFPB.

News 8
Jan 16th, 2025
Wisconsin joins other states to penalize Cash App's parent company; allegedly noncompliant to anti-laundering laws

Block, Inc. faces violations of the Anti-Money Laundering and Bank Secrecy Act laws, according to officials.

PYMNTS
Jan 16th, 2025
Cfpb: Block Must Pay $175 Million For Cash App’S ‘Weak Security Protocols’

The Consumer Financial Protection Bureau ordered Cash App owner Block to pay $175 million to address security failures.Block must refund consumers up to $120 million and pay a penalty of $55 million into the CFPB’s victims relief fund, according to a Thursday (Jan. 16) press release.“Block employed weak security protocols for Cash App and put its users at risk,” the release said. “While Block is required by law to investigate and resolve disputes about unauthorized transactions, the company’s investigations were woefully incomplete. Block directed users — who had suffered financial losses as a result of fraud — to ask their bank to attempt to reverse transactions, which Block would subsequently deny. Block also deployed a range of tactics to suppress Cash App users from seeking help, reducing its own costs.”Block said in a statement that it settled the case not because it agreed with the CFPB’s findings but because it wanted to be done with the matter.“The historical issues raised in this agreement do not reflect the Cash App experience today,” the company said in the statement. “We are committed to continually investing to ensure we uphold industry-leading standards.”Block now offers multiple points of contact, uses “advanced” detection systems to prevent fraud, and employs an artificial intelligence-powered “Payment Warnings” tool that alerts customers if their transaction may be part of a scam, the statement said.The news came one day after Block agreed to pay an $80 million fine and undertake corrective actions to resolve an enforcement action centering on Cash App and carried out by 48 state financial regulators.Those regulators alleged the company violated Bank Secrecy Act (BSA) and anti-money laundering (AML) laws

PYMNTS
Jan 16th, 2025
Block To Pay $80 Million To Settle Aml Violation Allegations

Block has agreed to pay an $80 million fine and undertake corrective actions to resolve a coordinated enforcement action by 48 state financial regulators that alleged the company violated Bank Secrecy Act (BSA) and anti-money laundering (AML) laws. The enforcement action centered on Block’s mobile payment service, Cash App, the Conference of State Bank Supervisors said in a Wednesday (Jan. 15) press release. In addition to paying the assessed penalty to the state agencies, Block agreed to hire an independent consultant to review its BSA/AML program, submit a report to the state within nine months, and correct any deficiencies found in the review within 12 months of filing the report, according to the release

Desk3
Jan 15th, 2025
US regulator fines Block and Cash $80 million

In a coordinated enforcement action by financial regulators in 48 U.S. states, Block, Inc. will pay a $80 million fine and take corrective action to correct violations of the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) laws that protect the financial system from illegal use.

PYMNTS
Jan 13th, 2025
Ce 100 Index Sinks 2.3% As Bnpl Names Trend Lower

Friday’s stock market rout — where markets plummeted in the wake of a surprisingly strong jobs report that splashed cold water on interest rate cuts from the Fed — added to the CE 100 Index’s downward momentum of this past week. The overall index slipped 2.3% and now stands in negative territory for the year. Two of the 11 pillars we tracked — the Be Well and the Communicate group — gained scant ground. Those segments were up less than 1% each. Banking names will kick off earnings season this week — and stocks in the segment fell to earth, at least a bit, giving back some of trailing 12-month gains that are still lofty, north of 30%. We’ll get a sense of how consumer and commercial credit is faring, along with data on how loan performance has impacted banks’ balance sheets

MarketBeat
Dec 13th, 2024
Kovitz Investment Group Partners LLC Makes New Investment in Block, Inc. (NYSE:SQ)

Kovitz Investment Group Partners LLC makes new Investment in Block, Inc. (NYSE:SQ).

Block
Dec 4th, 2024
Protecting Cash App Customers from Bitcoin Scams

block.xyz recently introduced pop-up warnings for potential peer-to-peer payment scams in Cash App, and now block.xyz do the same for bitcoin transactions.

MarketBeat
Nov 10th, 2024
Long Walk Management LP Makes New $13.59 Million Investment in Block, Inc. (NYSE:SQ)

Long Walk Management LP makes new $13.59 million investment in Block, Inc. (NYSE:SQ).

CryptoPotato
Nov 9th, 2024
Jack Dorsey's Block to Focus More on Bitcoin Mining Instead of TIDAL Investments

Jack Dorsey's payments and blockchain infrastructure company, Block Inc., is shifting its focus to develop new tools for Bitcoin miners and enhance its self-custody crypto wallet.

PYMNTS
Nov 8th, 2024
Volatile Fintech Stocks Highlight Promise, Perils Of Financial Services’ Digital Makeover

On Wall Street, what goes up must go down, and vice versa. A momentous week with a seesaw of volatility in the markets could be rightly chalked up to the seismic shifts from elections Tuesday (Nov. 5). So-called “Trump trades,” assets tied to President-elect Donald Trump and those likely to benefit from his administration, surged after his win. Headed into November, the FinTech IPO Index was up nearly 15% year to date. That overall return was outpaced by individual names that were up by high-double-digit and even triple-digit percentage points