Director Of Finance And Operations

Role- Director of Finance (Consumer Lending and Portfolio Management)

Industry - Financial Services

Location - Cambridge, ON

The Specialized Recruiting Group, Cambridge (an Express Employment Professionals company) has partnered with one of the fastest growing companies in Canada who are invested in their business and people equally.

We are seeking ahighly skilled and experienced Director of Financeto join our client in their journey to more growth and success. You will play a crucial role in overseeing and managing their financial operations, ensuring compliance with industry regulations, optimizing the lending portfolio, and overall growth.This is a leadership position that requires a deep understanding of financial services, lending practices, and regulatory frameworks.

*ON - SITE IN CAMBRIDGE - 5 DAYS A WEEK*

Responsibilities:

Financial Strategy and Planning:

• Monitor financial performance and provide regular reports to senior management.
• Develop and implement financial strategies aligned with organizational goals and objectives.
• Conduct financial analysis, forecasting, and budgeting to support strategic decision-making.

Regulatory Compliance:

• Ensure the organization's adherence to regulatory guidelines in all financial operations.
• Stay abreast of financial regulations and compliance requirements specific to the lending industry.
• Implement internal controls and procedures to mitigate risks and maintain compliance.

Portfolio Management:

• Oversee the management of a large consumer lending portfolio, including loan origination, underwriting, collections, and reporting.
• Analyze loan performance, identify trends, and recommend strategies for portfolio optimization and growth.
• Develop and implement risk management strategies to minimize credit and operational risks.

Financial Analysis and Reporting:

• Generate accurate and timely financial reports for management and stakeholders.
• Identify key performance indicators (KPIs) and develop metrics to evaluate financial performance.
• Conduct comprehensive financial analysis, including profitability analysis, cost control, and financial forecasting.

Team Leadership:

• Provide strong leadership and guidance to the finance team, fostering a collaborative and high-performing culture.
• Mentor and develop team members, promoting professional growth and career development.
• Foster effective cross-functional collaboration with other departments to achieve organizational goals.

Requirements:

• Strong understanding of financial regulations and compliance requirements specific to consumer lending.
• Demonstrated expertise in consumer loans and portfolio management including loan origination, underwriting, collections, and reporting.
• Exceptional analytical, problem-solving, and decision-making abilities.
• Must have 8+ years of proven experiencein a senior finance role within the financial services and lending industry with a minimum of 5 years in leadership.
• Bachelor's degree in Finance, Accounting, or a related field, CPA preferred.
• Experience in IT or Technology industry preferred.
• Proficiency in financial analysis, including assessing performance, identifying trends, and implementing strategies for growth and risk mitigation.
• Excellent leadership and communication skills, attention to detail and the ability to influence and collaborate with stakeholders at all levels.