Funding Officer

Financeit - Toronto, ON (30+ days ago)

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Who is Financeit?

Financeit is a market leading point-of-sale payment plan provider, focused on the home improvement industry, but also with clients in the vehicle and retail industries. Our innovative cloud-based technology makes it easy for merchants to increase close rates and transaction sizes with affordable monthly or bi-weekly payment plans.

We specialize in payment plans, but our end-to-end suite of workflow and lead management solutions give some of North America’s largest enterprise businesses, big box retailers, OEMs, and dealer networks the technological edge they need to stay ahead of the competition.

We’re a diverse and dynamic company with an open office environment that’s seeking the best and brightest. Financeit is small enough that you can make an impact within the company, and large enough to make an impact in market.

About the role:
As a Funding Officer, you will be responsible for reviewing applications and providing an uncompromising level of customer service to our Partners and Borrowers. This entry level position reports directly to the Funding Operations Manager and will work closely with the rest of the Operations team.

To be successful in this new role, you will need to be organized, detail-oriented and focused on customer service above all else. You are a team player, strong communicator and highly personable. You are comfortable multi-tasking in a high-pressure environment and holding yourself accountable for results.

What you’ll do:
Manage and complete the loan adjudication process by validating supporting documentation and reviewing loan conditions
Adhere to established service level agreements (SLAs) and develop plan/s for communication to partners and clients and advise/consult with supervisor as appropriate
Provide on the spot coaching to any merchants that require additional document policy training, and build lasting customer relationships with Partners
Provide prompt, efficient, detailed customer-oriented service to all Partners and Borrowers, respond to all inquiries promptly and maintain detailed notes
Calculate financial ratios to evaluate customers’ financial worthiness
Identify loans for exceptions while ensuring proper procedures are followed for approval and documentation
Maintain knowledge of lending requirements, internal policies and procedures, and compliance and regulatory requirements
Follow security and safeguarding procedures for the prevention of loss due to fraud, money laundering or defalcation
Understand risks and take appropriate actions, including all documentation, and any other requirements to maintain operational integrity
Review own work for accuracy and completeness, identifying inconsistencies or discrepancies that indicate problems with the quality of work


Undergraduate degree/College diploma preferred
Minimum 1 year of experience in financial services or call centre environment an asset
Proficiency in French or Spanish is preferred
Strong knowledge of consumer credit and lending practices
Customer Service experience is required
Technical and organizational abilities a must
Ability to multitask and meet deadlines

Important Details:
Position type: Permanent, full-time
Hours: Mon-Fri 9am-5pm, 11am-7pm,1-9pm… Sat/Sunday 10am-6pm
Location: Downtown Toronto


Winner of Canada’s Most Admired Corporate Culture in 2018, we offer more than just the basics. Take advantage of:

An award-winning culture with regular social events + team lunches
Competitive pay
Comprehensive medical, dental and vision coverage + fitness reimbursement
Onsite massage, yoga and fitness classes
Career learning and development programs
RSP Contribution matching
Maternity leave top up program
Casual dress code
Flexible work hours

If what you just read excites you, we’d like to hear from you! Please submit your application and we’ll contact you if you become selected for a phone interview.

Financeit is an equal opportunity employer. Accommodations are available on request for candidates taking part in all aspects of the selection process.