Relay is a digital banking platform that gives self-made business owners the tools and know-how to be great with money—bringing clarity, confidence, and control to every dollar earned, so they can turn hard work into lasting success. We do this by replacing financial guesswork with real visibility, transforming cash flow from a constant source of stress into a clear signal owners can use to run stronger, more resilient businesses. Our mission is to increase the success rate of small businesses.

Traditional banking has been a growth limiter rather than a growth enabler for business owners, and we're changing that. Relay is the all-in-one, collaborative money management platform. We're building for employer SMBs and their finance function, and we're focused on delivering a human-centric customer experience.

Relay processes millions of dollars in deposits, wires, checks, and card transactions every business day, and 321,000+ small business owners trust us with their money.

The Transaction

Monitoring team is why that trust is warranted. We're looking for someone with real transaction monitoring experience who is curious, decisive, and excited to build with AI, not just work a queue. Own the risk strategy and operating model for recent products, beginning with credit and payroll Build and manage day-to-day risk operations, ensuring reviews and decisions are timely, consistent, and high quality as volumes scale Lead and develop the team through clear expectations, coaching, training, and ongoing feedback Manage staffing, capacity, service levels, and operational performance across the portfolio Partner with Product, Engineering, and other teams early in product development to identify risks and design appropriate controls Analyze product, customer, and transaction data to understand performance, investigate issues, and uncover emerging risks Develop, test, and optimize risk rules and strategies while balancing loss prevention, customer experience,



and operational impact Define and monitor metrics across losses, customer friction, decision quality, review volumes, and operational efficiency Build scalable procedures, review workflows, tooling, quality controls, and escalation paths Investigate operational and control failures, identify root causes, and translate findings into lasting improvements Evaluate external tools, vendors, and data sources that can strengthen our risk capabilities Communicate strategies, decisions, and trade-offs clearly to technical and non-technical stakeholders Transition mature products into their long-term operating models and take on new areas as Relay grows Use AI tools to improve analysis, investigations, documentation, and how the team works You have 4+ years of experience in fraud risk, credit risk, risk strategy, transaction monitoring, or risk operations, preferably in fintech, banking, or payments You have meaningful credit risk experience and understand how risk decisions affect losses, growth, operations, and customer experience You’re proficient in SQL and can independently retrieve and analyze data using joins, aggregations, CTEs, subqueries, and window functions You’ve built a new product, risk program, or operating model from zero to one You understand transaction and money-movement risks across channels such as ACH, cards, wires, or checks You’re analytical and curious, digging into the “why” and using data to make better decisions You’re highly collaborative and can navigate work across Risk, Product, Engineering, Data, Compliance,



and Customer Experience You’re actively using AI tools in how you work today and are excited to push what’s possible with them Bonus Points: You have payroll risk or ACH operations experience You’ve worked with SMB credit, commercial cards, or lending products You’re proficient in Python for advanced analysis or automation You have experience operating under a bank partnership You have experience evaluating fraud, identity, or credit-risk vendors Stage 1: A 45-minute Google Meet video call with a member of the Talent team Stage 2: A 45-minute Google Meet video call with the Hiring Managers Stage 3: Stage 4: A 45-minute Google Meet video call with a member of our leadership team The annual salary range for this role is $162,000 CAD to $198,000 CAD.

For candidates who demonstrate full readiness for the defined scope of the role, the typical starting salary is $180,000 CAD. Offers below this point reflect candidates we believe can grow into the full scope of the role with support and development. For more information on our compensation philosophy and perks and benefits, visit our Candidate Hub .

If you’re someone who takes initiative, is comfortable taking risks, and seeks input when needed, you’ll find the freedom here empowering. You’re comfortable building from scratch, iterating as you go, and collaborating to shape the best path forward. Relay exists to help them thrive -- and that mission has to resonate with you.

We welcome diverse backgrounds and people who think critically, challenge the status quo, and want to help small businesses thrive. If you require accommodations at any stage of the hiring process, please reach out to your Talent Partner.

Disclaimer: For compliance reasons, all offers of employment at Relay are conditional upon a successful background check and employment verification through Certn.

📌 Product Manager- Risk & Credit M/F (Toronto)
🏢 Relay
📍 Toronto