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 productsMake larger credit decisions and set automated underwriting rulesMonitor delinquencies, loss curves, concentrations,



and vintagesOwn loss provisioning and reservesRun servicing, collections, funding, and borrowing base reportingRequirements:
Six-plus years in private credit, specialty finance, banking, or fintech lendingUnderwriting experience with SMB or commercial creditAbility to interpret borrowing bases, advance rates, and covenantsAbility to build financial models independentlyBasic SQL or Python skillsBring credit judgment, portfolio oversight, and underwriting expertise to build Opal’s first dedicated credit function.

📌 Head Of Credit Underwriting (Canada)
🏢 Opal
📍 Canada