Head of Risk Measurement & Policy

Corpay is currently looking to hire a Head of Risk Measurement & Policy for the Risk Measurement Division. This position falls under our Cross Borders Line of business and can be based out of Toronto, ON. The Head of Risk Measurement & Policy is a senior risk leader responsible for defining, governing, and continuously enhancing the risk measurement architecture for liquidity and credit risk across Corpay’s Cross-Border Solutions business. This role owns the design of quantitative risk frameworks, risk appetite metrics, and escalation structures. While not directly building models, the incumbent provides executive oversight, methodological direction, and credible challenge to analytics teams. You will report directly to the Chief Risk Officer and serve as the primary interface to senior leadership and the Board on risk measurement matters, translating complex risk exposures into clear strategic insights.

As a Head of Risk Measurement & Policy, Corpay will set you up for success by providing a hybrid position with assigned workspace in the Toronto office.

Role Responsibilities

• Owning the end-to-end framework for liquidity and credit risk measurement, ensuring alignment with business model, funding structure, and cross-border settlement dynamics.
• Defining forward-looking measurement methodologies including:

• Liquidity stress testing and cash flow risk analytics
• Counterparty and concentration risk frameworks
• Scenario and sensitivity analysis design

Qualifications & Skills

• 10–15+ years of progressive experience in liquidity and/or credit risk within financial services, payments, treasury, banking, or capital markets.
• Demonstrated experience designing or implementing quantitative risk models earlier in career; currently operating at oversight and governance level.
• Deep expertise in:

• Liquidity risk frameworks
• Stress testing and scenario design
• Risk governance in regulated environments

Comprehensive Benefits Package

• Medical, Dental, Vision and Paramedical benefits, as of day one
• Optional company match RRSP program
• Virtual fitness classes offered company-wide
• Discounted gym membership rate
• Philanthropic support with both local and national organizations
• Fun culture with company-wide contests and prizes

Corpay is an Equal Opportunity Employer. Corpay provides equal employment opportunities to all qualified applicants without regard to race, color, gender (including pregnancy), religion, national origin, ancestry, disability, age, sexual orientation, gender identity or expression, marital status, language, ancestry, genetic information and/or any other group status protected by federal or local law. If you require reasonable accommodation for the application and/or interview process, please notify a representative of the Human Resources Department.

Pay Transparency

This salary range is provided for locations which require such disclosure. Where a position or applicant may fall in a particular wage range depends on a number of factors including but not limited to skill sets, experience training licenses and certifications (if applicable), and other business and organization needs. The disclosed range has not been adjusted for the applicable geographic markets. At Corpay it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions depend on the facts and circumstances of each case. The estimate of the minimum and maximum salary range is CAD $131,400-$185,000.