Senior Manager, Unsecured Lending (Installment Loans/ Single Payment Loans)

Who We Are

At Momentum Financial Services Group, we help people move forward by reimagining how money works for those who need it most. With more than 40 years of experience, we’re the team behind Money Mart-Canada’s largest non-bank branch network-and a leader in financial solutions for underserved communities.

From short-term loans to money transfers and prepaid cards, we power the products, technology, and operations that connect over a million customers a year to the money they need, when they need it.

At MFSG, we come together across teams and departments to create something bigger than ourselves: solutions that remove barriers and give people access to money they might not get anywhere else. Whether you're solving problems, building systems, or shaping strategy, your work fuels real support for real people.

We’ve Got You Covered

• Compensation Philosophy: Our strategy is simple-we aim to match the market. We regularly review industry standards to ensure our total rewards package is competitive and fair. This commitment helps us attract and retain talented individuals who share our purpose.
• Discretionary Annual Bonus: Enjoy the opportunity for a discretionary bonus based on individual performance and company success.
• Comprehensive Benefits: Our benefits include health and dental plans with 100% of the premiums covered. We also offer an Employee Assistance Program to support your mental well-being and provide resources for personal challenges.
• Retirement Plans: Plan for your future with our robust retirement savings options, ensuring you’re set for the long haul.
• Hybrid Work Environment: Experience the best of both worlds with our hybrid work model, allowing you to balance remote work with in-office. When you're at our corporate head office, enjoy a relaxed and collaborative environment featuring breakout rooms for brainstorming and unwinding, plus a variety of snacks to keep you energized throughout the day.
• Perks and Rewards: Enjoy reimbursement for tuition assistance and professional development, discounts through Perkopolis and participate in our rewards and recognition programs to celebrate your contributions.

The Job: Senior Manager, Unsecured Lending

We’re looking for a strategic and performance-driven Senior Manager to lead in our Unsecured Lending portfolio. In this role, you’ll own the strategy, development, and performance of a key installment loan product, with a focus on customer acquisition, risk mitigation, and profitability.

The ideal candidate has deep experience in product management, consumer sub-prime lending, understands the full loan lifecycle, and has previously managed a P&L. You’ll collaborate cross-functionally to enhance product offerings, implement data-informed strategies, and drive bottom-line results.

What You’ll Do:

Lead Product Strategy:

• Define and execute the product strategy and roadmap for unsecured installment loan products.
• Develop a deep understanding of customer needs and market insights to guide continuous product innovation and enhancement.
• Evaluate existing offerings and identify improvements to enhance competitiveness, customer experience, and revenue.
• Prioritize product features and initiatives based on strategic objectives and market opportunities

Drive Portfolio Performance:

• Monitor product portfolio KPIs, identify opportunities/risks, and implement risk mitigation and loss-reduction strategies.
• Leverage analytics to improve underwriting, reduce default rates, and grow high-quality loan volume.
• Identify and implement process improvements across the loan lifecycle to support scalability and operational efficiency.

Partner Across the Business:

• Collaborate with marketing and digital teams to optimize customer acquisition, engagement and retention strategies.
• Work with legal, compliance, and risk to ensure products meet regulatory requirements and internal controls.

Own the P&L:

• Manage revenue, expenses, and profitability targets for the unsecured lending portfolio.
• Ensure alignment between financial performance and broader business goals.

What You’ll Bring to the Table:

• A data-driven and curious mindset-you thrive on insights and testing.
• Ability to translate strategy into action across multiple stakeholders and departments.
• Strong financial acumen and experience with financial modelling, budgeting, forecasting, and P&L management.
• Deep understanding of the unsecured lending space and how to manage credit risk effectively.
• Proven ability to lead projects, solve complex problems, and drive results in a fast-paced environment.

Education + Experience:

• 8+ years of experience in the financial services industry
• Demonstrated success owning and managing a product P&L; preferably in retail lending products.
• Experience leading cross-functional teams in high-growth environments.
• Bachelor’s degree in Finance, Accounting, Business, Engineering or a related field; MBA preferred.

Ready to make an impact? Apply today and bring your lending expertise to a team that’s reshaping financial access.

#SJ