Loop is a fast-growing FinTech high growth startup that enables businesses to seamlessly manage money around the world so our clients can access more markets, accelerate their growth and simplify their operations with the only truly cross-border banking platform. I'm hiring a Head of Risk to take ownership of the day-to-day risk function at Loop, owning everything from KYC/B and AML to credit risk, collections, and transaction monitoring as we scale.
This role is an onsite position at our downtown Toronto office (Bay and Bloor).
As the Head of Risk, you will be the operator who turns risk into one of Loop's sharpest competitive edges. You'll own KYC/B, AML, transaction monitoring, credit risk, and collections end-to-end, sharpening what's in place, building what isn't, and making sure every dollar moving through Loop moves safely and quickly.
Expect to live in the queues, the dashboards, the rules, and the room where the hard calls get made. You'll design the day-to-day, lead the team, and build a risk operation that moves at the pace of the business.
Own the end-to-end onboarding review process for business customers
Set and continuously elevate standards for review quality, throughput, and turnaround time
Lead escalations on complex, high-risk, or high-value cases as final decision-maker
AML, Sanctions & Transaction Monitoring
Lead the day-to-day AML program, including alert review, SAR / STR filings, sanctions screening, and ongoing monitoring
Tune detection rules and thresholds to strengthen risk capture and reduce false positives




Translate emerging fraud and money laundering patterns into rule, policy, and product changes
Credit Risk & Collections
Manage credit decisioning workflows, monitor portfolio health, and surface emerging risk early
Build out our collections function, from outreach cadences and hardship handling through recovery and write-offs
Own recovery rate and net loss as core KPIs of the function
Risk Operations & Reporting
Establish the dashboards, SLAs, and reporting cadence that give the company a explicit view of risk performance
Identify operational bottlenecks and resolve them through automation, integration, or redesign
Manage day-to-day relationships with our risk vendors and ensure we extract full value from each
Team & Regulatory Leadership
Lead, coach, and develop the risk operations team, raising the standard for output and impact
Partner across Compliance, Product, Engineering, and Customer Operations to embed risk thinking throughout the organization
Maintain audit readiness as an ongoing discipline and support Compliance in regulator interactions across RPAA, FINTRAC MSB, AML, and KYC frameworks
6+ years of experience in risk operations, AML, KYC/B, credit risk, or adjacent areas





- Direct experience across KYC/B, AML, transaction monitoring, credit risk, collections, and/or fraud
- It’s a Bonus if You Have

Experience at a FinTech, especially in cross-border payments, banking, or lending.
Comfort with SQL, Python, or no-code automation tools (Claude, Zapier, Retool, etc.).
Experience at a small, early-stage team where you wore many hats.
We're building the financial infrastructure that helps businesses move money across borders — and we move fast. From day one, your impact will be felt immediately.
A chance to shape the risk operations function at a high-growth FinTech and scale it with the company.
Salary range CAD$160,000 - $180,000 base annual, commensurate with experience
Equity ranging 0.10-0.50%
Group health benefits after probation
Kitchen full of snacks and drinks to keep you going throughout the day
30 minutes virtual meeting with Sarah, Chief of Staff

- 30 minutes virtual meeting with Cato, CEO and Co-Founder
- 60 minutes in person or virtual meeting with Cato, CEO and Co-Founder and Sarah, Chief of Staff
- Criminal Record Check, Identity Verification, Adverse Media, Global Watchlist and Sanctions, Politically Exposed Persons.

To help businesses seamlessly manage money around the world so they can access more markets, save money and simplify their operations
Loop will be the first business bank that is global by default.
Respect - We put the customer first, communicate candidly and never compromise on quality.

📌 Risk Management Specialist - Hiring Immediately (Toronto)
🏢 Loop Financial
📍 Toronto