Full-Time

Vice President

Customer Operations

Posted on 9/8/2025

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

Hybrid

Hybrid work environment; in-office presence in Toronto, Canada is expected.

Category
Operations & Logistics (1)
Requirements
  • Bachelor’s degree required; MBA or equivalent preferred
  • 10+ years of progressive leadership in customer operations, preferably within subprime or consumer lending
  • Proven experience managing large, diverse teams across call centers, sales, and back-office functions
  • Demonstrated ability to lead transformation initiatives that improve customer experience and operational efficiency
  • Strong knowledge of operational metrics, reporting, and governance practices
  • Exceptional leadership, communication, and stakeholder management skills
  • Strong operational and analytical mindset with ability to make data-driven decisions
  • Deep understanding of call center dynamics, lending operations, payment systems, and loss prevention
  • Strategic thinker with ability to execute initiatives in a fast-paced, regulated environment
  • Passion for driving customer-focused solutions and operational excellence
Responsibilities
  • Lead and manage all facets of customer operations including call center, inside sales, back-office processing, payment operations, and loss prevention
  • Set clear operational goals, KPIs, and service-level objectives across all teams
  • Design and execute strategies to streamline processes, improve first-call resolution, and reduce customer effort
  • Oversee inbound and outbound call center operations, ensuring staffing, training, and quality standards are met
  • Implement performance metrics and dashboards to monitor call quality, wait times, and customer satisfaction
  • Manage inbound and outbound sales teams to drive loan originations and product adoption
  • Partner with Marketing and Product to develop campaigns that support sales growth, retention, and customer engagement
  • Ensure timely and accurate processing of customer payments, loan servicing, and data entry
  • Drive automation and workflow enhancements to increase efficiency and accuracy
  • Lead fraud prevention, investigation, and risk mitigation initiatives
  • Collaborate with Risk, Compliance, and Legal to maintain strong controls and ensure regulatory alignment
  • Work with the COO and senior leadership to align customer operations with business strategy
  • Partner with Compliance, Risk, IT, and Product to ensure operations adhere to company and regulatory standards
  • Promote a customer-centric culture across all operational teams
  • Build, coach, and develop high-performing teams with a focus on accountability, continuous improvement, and growth
  • Create a culture of recognition, clear KPIs, and performance-driven results
  • Increased customer satisfaction (CSAT/NPS)
  • Growth in sales conversion and customer retention
  • Reduced operational costs and improved efficiency
  • Fewer operational errors, losses, and compliance gaps
  • Consistent regulatory compliance and audit readiness
Desired Qualifications
  • MBA or equivalent preferred
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's Take

What believers are saying

  • Ares upsized loan facility to C$657.9M on June 24, 2025.
  • Expanded capital funds growing loan receivables portfolio.
  • Supports North American expansion for underbanked customers.

What critics are saying

  • CFPB enforcement caps rates, compressing margins 20-40% in 12-24 months.
  • Ares facility matures 2027-2028, refinancing hikes costs C$20-33M yearly.
  • Wise and PayPal erode 30-50% transaction volume in 18-36 months.

What makes Momentum Financial Services Group unique

  • Momentum targets underbanked with omni-channel loans and check cashing.
  • Operates 360 Canadian and 60 U.S. stores under Money Mart brand.
  • 40 years experience since 1979 as Dollar Financial Group.

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Benefits

Hybrid Work Options

Company News

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.

INACTIVE