Full-Time

Senior Vice President

Digital Channels

Updated on 9/3/2026

Momentum Financial Services Group

Momentum Financial Services Group

1,001-5,000 employees

Alternative financial services and cash access

No salary listed

Toronto, ON, Canada

In Person

Based in Toronto, Canada; on-site presence required.

Bachelor's, Master's

Category
Business & Strategy
Required Skills
Risk Management
Web Development

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Requirements
  • Bachelor’s degree in Business Administration, Marketing, Computer Science, Engineering, or a related field
  • Master’s degree preferred (MBA or equivalent) preferred
  • 20+ years leading digital businesses or enterprise digital organizations
  • Executive leadership experience within financial services, fintech or consumer technology
  • Significant ownership of digital P&L
  • Proven success leading enterprise digital transformation
  • Proven experience in leading digital transformation projects (web/app builds) and managing cross-functional teams
Responsibilities
  • Own the enterprise Digital strategy and multi-year roadmap for both Canada and the US.
  • Establish long-term digital growth objectives aligned with corporate strategy.
  • Own the digital business strategy, investment portfolio and operating model.
  • Define digital growth opportunities across lending, payments, banking and future product offerings.
  • Lead enterprise digital transformation initiatives.
  • Ensure digital capabilities become a competitive advantage for MFSG.
  • Sponsor enterprise-wide innovation initiatives and emerging technologies, including AI.
  • Accountable for overall Digital business performance including revenue growth, profitability and return on investment.
  • Approve digital investment priorities and capital allocation.
  • Establish digital performance metrics and executive dashboards.
  • Own the digital budget and lead the optimization of resources.
  • Oversee portfolio prioritization across all digital initiatives.
  • Balance growth objectives with regulatory, operational and financial requirements.
  • Drive sustainable improvements in customer acquisition, engagement, retention and lifetime value.
  • Lead and develop a high-performing executive leadership team.
  • Directly manage the Vice President, Digital Channels and other senior digital leaders.
  • Build organizational capability, succession planning and executive talent.
  • Foster an innovative, customer-centric and data-driven culture.
  • Ensure organizational design supports future growth and scalability.
  • Define the enterprise customer experience vision across all digital touchpoints.
  • Sponsor customer journey transformation initiatives.
  • Champion customer research, behavioral insights and design thinking.
  • Drive innovation through AI, automation and emerging digital capabilities.
  • Ensure the organization continually improves digital experiences through experimentation and customer feedback.
  • Partner with executive leaders across Technology, Operations, Risk, Compliance, Marketing, Finance and Product.
  • Influence enterprise strategic planning and investment decisions.
  • Represent Digital with the Executive Leadership Team, Board and external partners.
  • Ensure enterprise digital governance supports innovation while maintaining strong regulatory compliance.
  • Oversee digital risk management frameworks.
  • Sponsor cybersecurity, privacy and customer trust initiatives.
  • Ensure digital operations meet all legal, regulatory and audit requirements.
Desired Qualifications
  • Strong preference for someone who has worked in financial services
Momentum Financial Services Group

Momentum Financial Services Group

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Momentum Financial Services Group provides alternative financial solutions across North America for people who are unbanked or underbanked, including those with impaired credit who may not qualify for traditional banking products. The company operates a dual-channel model with a large network of physical retail locations in the United States and Canada, plus digital and mobile platforms, so customers can access cash and financial services in person or online. Its offerings include personal loans, check cashing, domestic and international money transfers, and prepaid card services. Compared with traditional banks, Momentum focuses on serving clients who are often left out of mainstream finance, using both storefronts and digital tools to reach them wherever they prefer to transact. The company’s goal is to be a vital financial resource for hardworking individuals by meeting needs that conventional financial institutions do not fully address.

Company Size

1,001-5,000

Company Stage

Debt Financing

Total Funding

$482.5M

Headquarters

Toronto, Canada

Founded

1979

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Simplify Jobs

Simplify's Take

What believers are saying

  • Momentum relaunched Money Mart's Canadian app in November 2025 with real-time approvals.
  • The company serves 900,000+ annual customers across loans, transfers, cashing, and cards.
  • Ares funding lets Momentum expand eligible loan receivables without immediate balance-sheet strain.

What critics are saying

  • The C$657.9 million facility shows heavy dependence on external credit markets.
  • Non-prime lending faces CFPB, provincial, and class-action scrutiny that can hit margins fast.
  • Digital challengers offering instant approval and no-branch loans threaten branch traffic within 12 months.

What makes Momentum Financial Services Group unique

  • Money Mart and The Check Cashing Store give Momentum 420+ North American branches.
  • Momentum pairs physical storefronts with a refreshed Canadian app and same-day funding.
  • Ares renewed a C$657.9 million facility, backing Momentum's receivables-driven lending model.

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Benefits

Hybrid Work Options

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

1%

2 year growth

2%
Gulf & Main Magazine
Jun 25th, 2025
Gulf & Main Magazine | Press Releases

With the expansion of its credit facility, Momentum Financial Services Group now has additional capital to fund its growing loan receivables portfolio and meet the needs of its North American customers. The additional funds will be used to repay the 2023 secured loan facility and fuel further expansion in eligible loan receivables.