About the role

Senior Associate designing underwriting and lifecycle credit policy for Wealthsimple’s Canadian SMB lending products. Building automated risk systems for a new business credit card.

Responsibilities

Own credit policy for business lending products, starting with a business credit card, from adjudication through the full account lifecycle
Design and implement the underwriting framework determining eligibility and credit limits
Build line management strategies governing credit limit changes, pricing, authorization rules, and active exposure management
Partner with collections to design risk-managed treatment strategies for business accounts
Build lifecycle monitoring to identify emerging risk early
Evaluate portfolio and policy performance using vintage analysis, cohort tracking, and champion/challenger testing
Propose policy enhancements to improve marginal profitability while keeping risk within appetite
Define data and underwriting infrastructure for SMB lending, including sourcing, validating, and weighting business financial data alongside bureau signals
Collaborate with Engineering, Product, Data Science, Fraud, and Client Experience to translate policy into shippable adjudication and monitoring systems
Influence partner-team roadmaps and implement policy with measurable impact
Help build a new lending program from the ground up, from policy to funding, with opportunity to grow into leading a lending line of business

Direct experience underwriting or setting credit policy for small and medium-sized businesses (must-have)
Hands-on SQL experience for self-serve data, monitoring, and analytics
Ability to shape policy in a ship-and-iterate environment
Ability to turn analysis into clear recommendations for technical and non-technical audiences
Ability to weigh incomplete or noisy information and reach well-grounded decisions
5+ years of experience in small business lending (preferred qualification)
Knowledge of Canadian consumer credit bureau data, including Equifax and TransUnion (preferred qualification)
Working knowledge of business credit risk, including entity versus personal guarantor assessment, business bureau data, cash-flow-based underwriting, industry/sector risk, and revenue seasonality
Experience across the credit lifecycle: adjudication policy, line management, pricing, and collections strategy
Experience with statistical and quantitative analysis, including experimental design, champion/challenger or A/B testing, model accuracy validation, constrained optimization, decision trees, discounted cash flows, and financial modeling
Experience with Python and GitHub
Airflow, AWS Redshift, and dbt are a plus
Legal eligibility to work in Canada

Top-tier health benefits and life insurance
Long-term group savings with employer match, through Wealthsimple for Business
20 vacation days
4 wellness days
Unlimited sick and mental health days per year (may not apply to certain roles)
Work outside Canada for up to 90 days per year (may not apply to certain roles)
Employee resource groups, including Rainbow (2SLGBTQ), Women of WS, and Black at WS
Equity compensation for permanent employees