Senior Manager, Credit & Risk, Consumer Financing

About Clutch

Were on a mission to reinvent how people buy sell and own cars. Are you game

Clutch is Canadas largest buyer and seller of cars offering a digital-first hassle-free experience. Customers can browse thousands of cars online have their chosen vehicle delivered right to their door and enjoy peace of mind with our 10-Day Money-Back Guarantee.

Looking to sell We buy over $1 million worth of cars every day providing a firm AI-generated offer every 15 secondsand when you sell to us you get paid instantly now thats Clutch.

Recognized four years running on The Globe & Mails list of Canadas Top Growing Companiesand with back-to-back spots on Deloittes Technology Fast 50 and Fast 500were seeking curious hard-working and driven individuals to join our growing team.

Founded in 2017 and headquartered in Toronto Clutch currently operates in Ontario New Brunswick Nova Scotia and Prince Edward Island. Our world-class investors include Altos Ventures Canaan FJ Labs BrandProject and Upper90. To learn more visit .

Consumer Financing at Clutch:

Clutch is on a journey to create a truly seamless car buying and ownership experienceand financing is a critical part of delivering that end-to-end journey. Were building consumer financing capability from the ground up to offer customers a simpler more transparent way to finance their vehicle while supporting Clutchs growth with a scalable disciplined lending this role youll help shape our lending strategy risk framework and operations as we bring this business to life.

About the role:

Were hiring a Senior Manager Credit & Risk to build and lead the credit strategy and risk framework for Clutchs consumer financing program. Youll own how we assess risk make credit decisions price appropriately and manage portfolio performance over time. This is a builder role for someone whos comfortable operating with ambiguity rolling up their sleeves and designing scalable credit systems that get better as volume grows.

Youll partner closely with the Director of Consumer Financing and work cross-functionally with Product Engineering Operations Sales and Customer Experience to embed risk decisioning into the customer journeywhile building the monitoring controls and feedback loops needed to manage performance responsibly.

What Youll Do:

Credit strategy & underwriting

• Design and evolve underwriting policies that balance growth approval rates and portfolio performance across prime/near-prime (and beyond as applicable).
• Own credit decisioning logic exception frameworks and manual review processes; continuously tighten them as we learn.
• Partner with Product/Engineering to implement auto adjudication credit policies into customer flows with continuous feedback loop

Pricing & risk-adjusted economics

• Develop and refine risk-based pricing strategies that reflect loss expectations funding constraints and unit economics.
• Monitor approval mix and margin performance; recommend changes to pricing terms and eligibility to hit portfolio targets.

Portfolio monitoring & performance management

• Build the portfolio analytics framework: early warning indicators delinquency tracking vintage/cohort analysis roll rates losses and recoveries.
• Diagnose drivers of performance (channel vehicle attributes customer attributes process factors) and recommend changes to improve outcomes.
• Lead initiatives to manage delinquencies and losses in partnership with servicing/collections and operations.

Data models and experimentation

• Build scorecarding approaches segmentation and predictive models as the program matures.
• Run experiments to improve conversion and credit outcomes (policy tests alternative data verification changes) with clear measurement and guardrails.

Risk governance controls and compliance support

• Help define the risk appetite policy governance and control environment for a regulated lending program.
• Support audit-ready documentation and ensure policies and practices align with applicable Canadian regulations and internal controls.
• Be the risk voice in product and operational decision-makingbringing clarity tradeoffs and recommendations.

What Were Looking For:

• 610 years of experience in credit risk underwriting portfolio management or analytics within consumer lending.
• Strong understanding of credit policy development risk-based decisioning and portfolio performance management through delinquency/loss cycles.
• Demonstrated ability to translate analytics into real-world policy and operational changes.
• Strong quantitative and analytical skills; comfortable working with large datasets and building/using performance monitoring (including leveraging AI).
• High-ownership operator who thrives in ambiguitywith a bias for action and the ability to build structure processes and decision frameworks where none exist.
• Nice to have
• Experience with non-prime or near-prime auto lending.
• Experience with fraud/identity risk income verification or alternative data strategies.
• Familiarity with funding constraints (warehouse eligibility covenants concentration limits) and how they shape credit policy.
• Experience in Canadian regulatory environments relevant to lending and credit reporting.

This role is based in Toronto and requires on-site presenceremote candidates will not be considered.

Why Youll Love It at Clutch:

Be part of a disruptive tech-driven company that is transforming the automotive industryone of the largest and fastest growing B2C startups in Canada.

A unique opportunity to build a captive lending business from the ground up with direct impact on strategy and operations.

Freedom to innovate and ownership of your rolework on meaningful and challenging projects that have a direct impact on the business.

Collaborate with a talented and passionate team in a dynamic fast-paced environment.

Competitive pay and equity incentives.

Comprehensive health and dental benefits.

Opportunities for growth and development in a rapidly scaling company.

Why Youll Love This Role:

Youll love this role if you like being a buildertaking a 01 financing program and helping turn it into a scalable repeatable operating machine. Youll help establish the operating foundation from the ground up with high ownership to run key workflows end-to-end and drive improvements that directly impact customer experience and unit economics. Youll also tackle complex cross-functional problems at the intersection of Product Risk Operations and Customer Experiencewhile growing quickly through outsized scope steep learning and the chance to take on more responsibility as the business scales.

Compensation & Benefits

• Salary range: $130000 - $170000 annually
  
  
• Equity incentives
  
  
• Comprehensive healthcare dental vision life insurance and dependent coverage starting from day 1

How to Join Us:

Clutch is committed to fostering an inclusive workplace where all individuals have an opportunity to succeed. If you require accommodation at any stage of the interview process please email