{"id":3121707,"url":"https://alion.io/job/wealthsimple-senior-associate-business-lending","title":"Senior Associate, Business Lending","company":{"id":4921,"name":"Wealthsimple","domain":"wealthsimple.com","url":"https://alion.io/company/wealthsimple","size_band":"1001-5000","is_staffing_agency":false,"employer_type":"direct","is_intermediary":false,"listed_via":null,"ats_vendor":"Ashby","truth_index":{"grade":"B","score":82,"open_postings":11,"ghost_share":0,"stale_share":0.727,"repost_share":0,"time_to_fill_p50_days":26,"computed_at":"2026-10-25T05:49:26Z"}},"role":"Finance","role_family":"Finance","seniority":"senior","employment_type":"full_time","work_mode":"remote","remote_scope":"stated_countries","remote_scope_basis":"board_field","remote_working_hours":null,"hiring_geo_confidence":"structured","locations":[],"countries":[],"hiring_countries":["CA"],"hiring_countries_total":1,"salary":{"min":151000,"max":189000,"currency":"CAD","period":"year","gross":null,"usd_annual":134810},"salary_estimate":null,"experience_years_min":5,"visa_sponsorship":false,"relocation_package":false,"has_equity":false,"technologies":[{"name":"SQL","optional":false},{"name":"Amazon Redshift","optional":true},{"name":"AWS","optional":true},{"name":"dbt","optional":true},{"name":"GitHub","optional":true},{"name":"Python","optional":true}],"status":"live","first_seen_at":"2026-10-22T21:16:57Z","employer_posted_date":"2026-10-22","last_verified_at":"2026-10-25T13:50:41Z","board_verified":true,"closed_at":null,"days_open":2,"trust":{"level":"ok","repost_count":null,"flags":[],"days_open":2},"description":"Build something people love\nWealthsimple is Canada’s leading financial innovator. The company offers a full suite of simple, sophisticated financial products across managed investing, do-it-yourself trading, cryptocurrency, tax filing, spending and saving. Wealthsimple currently serves more than 4 million Canadians and holds over $155 billion in assets under administration. The company was founded in 2014 by a team of financial experts and technology entrepreneurs, and is headquartered in Toronto, Canada.\nWe're proud of what we've built - and we're just getting started. Read our Culture Manual and learn more about how we work.\nAbout the team:\nAt Wealthsimple, we aren't just managing portfolios; we're rewriting the rules of how Canadians interact with credit. The Credit Analytics team own’s Wealthsimple's lending ecosystem, operating at the intersection of high-growth tech and data-driven underwriting.\nWe believe that being “credit-worthy” should mean more than just a traditional score. Our mission is to challenge the status quo, building inclusive products that empower millions of Canadians and the businesses they run to lead better financial lives. We’re growing fast, moving from small data to massive scale through iteration and experimentation.\nWe are extending our consumer credit expertise into business lending built for Canadian small and medium-sized businesses (SMBs). This is a true green-field build - new adjudication policy, new underwriting signals, and new risk infrastructure, informed by everything we've learned scaling our consumer card portfolio.\nAbout the role:\nWe are looking for a Senior Associate to own credit policy for our business lending products, starting with a business credit card - from adjudication through the full account lifecycle. You will design and implement the underwriting framework that determines who qualifies and at what limit, build the line management strategies that govern how those limits evolve, and partner closely with collections to manage risk once accounts are on book.\nSmall business cards can be underwritten on the owner, or on the business as it grows. You’ll be working with cash flow, seasonality, industry, and business bureau data, which is usually thinner and messier than consumer bureau data. We need someone who has worked across that range and can turn it into automated policy instead of file-by-file decisions.\nYou will collaborate cross-functionally with Engineering, Product, Data Science, Fraud, and Client Experience to translate policy into shippable adjudication and monitoring systems, and you will have significant ownership over how this portfolio’s risk appetite is defined from day one.\nIn this role, you will have the opportunity to:\nBuild a new lending program from the ground up with the breadth to see every part of it, from policy to funding, and the runway to grow into leading a lending line of business.\n\nDesign and own the adjudication policy for a new business credit card, including entity-level underwriting criteria, principal/guarantor assessment, joint-liability, initial limit-setting, and approval decisioning.\n\nOwn line management strategy for business credit products: credit limit increases and decreases, pricing, authorization rules, and active exposure management driven by cash-flow and balance monitoring.\n\nPartner with the collections team to design risk-managed treatment strategies specific to business accounts, and to build lifecycle monitoring that catches emerging risk early.\n\nEvaluate the performance of the business lending portfolio and your policies, using vintage analysis, cohort tracking, and champion/challenger testing to validate and refine underwriting decisions.\n\nPropose policy enhancements that improve marginal profitability while keeping risk within appetite, informed by rigorous root-cause analysis rather than surface-level metrics.\n\nHelp define the data and underwriting infrastructure needed for SMB lending - including how to source, validate, and weigh business financial data alongside traditional bureau signals.\n\nInfluence roadmaps across partner teams (Engineering, Product, Data Science, Fraud, and Client Experience) and implement policy that drives measurable impact.\n\nWe're looking for someone who:\nHas direct experience underwriting or setting credit policy for small and medium-sized businesses, this is a must-have for this role. Card experience isn't required; we'd love to hear from you if your background is in instalment loans or lines of credit.\n\nWrites SQL hands-on to self-serve data and build monitoring and analytics.\n\nBrings credit discipline to a ship-and-iterate environment, and is comfortable shaping policy while the product itself is still being defined.\n\nCan turn analysis into a clear recommendation for technical and non-technical audiences, weigh incomplete or noisy information and still reach well-grounded decisions.\n\nIs intellectually curious, passionate about their work, and wants ownership over their projects.\n\nPreferred qualifications:\n5+ years of experience in small business lending\n\nKnowledge of Canadian consumer credit bureau data (Equifax, TransUnion)\n\nWorking knowledge of how business credit risk differs from consumer credit risk: entity vs. personal guarantor assessment, business bureau data (e.g., business credit bureaus), cash-flow-based underwriting, industry/sector risk, and revenue seasonality.\n\nExperience across the credit lifecycle: adjudication policy, line management, pricing, and collections strategy.\n\nExperience with statistical/quantitative analysis: experimental design, champion/challenger (or A/B) testing, model accuracy validation, constrained optimization, decision trees, discounted cash flows, financial modeling.\n\nExperience with Python, and GitHub. Airflow, AWS Redshift, and dbt are a plus.\n\nWhy Wealthsimple?\nTop-tier health benefits and life insurance\nLong-term group savings with employer match, through Wealthsimple for Business\n20 vacation days, 4 wellness days, and unlimited sick and mental health days per year*\n90 days away: work outside Canada for up to 90 days per year*\nEmployee resource groups, including Rainbow (2SLGBTQ), Women of WS, and Black at WS\nWe are a hybrid team with over 1,500 employees across North America. The people are one of the best parts of working here: you'll collaborate with incredibly talented, curious, and driven teammates who are deeply committed to doing great work.\n*Unlimited paid sick days, Wellness Days and the 90 day away program do not apply to certain roles.\nICYMI\nTechnology & Innovation at Wealthsimple: We move quickly and build thoughtfully. That means we're always looking for better ways to work - whether that's new tools, AI, or rethinking how we approach a problem. We don't expect you to have all the answers, but we do expect curiosity and a willingness to evolve alongside the products we're building.\nInclusion Statement: We're building products for a diverse world, and we need a diverse team to do it well. We strongly encourage applications from everyone, regardless of race, religion, colour, national origin, gender, sexual orientation, age, marital status, or disability status.\nAccessibility Statement: We're committed to an accessible hiring experience. If you need any accommodations throughout the interview process, please let us know - we'll work with you to make sure you have what you need. We also welcome any feedback on how we can better accommodate candidates with accessibility needs.\nAI in Hiring: We may use artificial intelligence (AI) tools to support parts of our hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our team but don't replace human judgment - all final hiring decisions are made by people. 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