Lead credit underwriting and risk at Opal from Vancouver or Toronto, working in office across loan and card products.
As Opal’s first credit hire, you will report to the CEO and own the journey from customer application through funded capital. You will shape approval criteria, limits, pricing, terms, and automated underwriting rules. The role combines portfolio oversight, loan operations, debt facilities, lender relationships, and capital raises. Your judgment will guide larger credit decisions and the company’s credit policy.
Key Responsibilities: Build underwriting frameworks for loan and card products
Make larger credit decisions and set automated underwriting rules
Monitor delinquencies, loss curves, concentrations, and vintages




Own loss provisioning and reserves
Run servicing, collections, funding, and borrowing base reporting
Requirements: Six-plus years in private credit, specialty finance, banking, or fintech lending
Underwriting experience with SMB or commercial credit
Ability to interpret borrowing bases, advance rates, and covenants
Ability to build financial models independently
Basic SQL or Python skills
Bring credit judgment, portfolio oversight, and underwriting expertise to build Opal’s first dedicated credit function.

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📌 Head of Credit Underwriting (Ontario)
🏢 Opal
📍 Ontario