Fairstone Financial Inc.

Director, Retail Financing

Fairstone Financial Inc.$130K — $150K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in business administration.
  • 5-7 years of experience in sales and business development.
  • Experience in the financial lending industry.
  • 3-5 years of team leadership experience.
  • Strong leadership and strategic thinking skills.
  • Effective communication and interpersonal skills.
  • Bilingual capabilities.

Responsibilities

  • Develop and implement a yearly strategic sales plan to maximize revenue.
  • Identify strategic growth opportunities that align with overall company strategy.
  • Lead and mentor the sales team to enhance selling and customer service.
  • Motivate the sales team through performance appraisals and coaching.
  • Recruit and develop a high-performing sales team and establish best practices.
  • Focus on profitable growth opportunities to meet revenue targets.
  • Monitor market trends and report on shifts affecting tactical budgets.

Benefits

  • Award-winning company culture recognized as a Great Place to Work Canada 2025.
  • Flexible hybrid work model for better work-life balance.
  • Generous vacation plus 6 wellness days for personal well-being.
  • Robust health and dental coverage through Manulife.
  • Group Retirement Savings Plan with 7% employer match.
  • Access to exclusive discounts and perks, like gym memberships.
  • Education Assistance Program and training through Fairstone Academy.
  • Paid volunteer day to support community causes.
Full Job Description
About the role:

Reporting directly to the Vice President, Retail Financing, the Director is responsible for the overall productivity and effectiveness of the large partnerships and business development department of Retail Financing, fostering strong professional relationships with internal and external stakeholders, ensuring his team's efficient operations, success, growth, retention and partner satisfaction.

Responsibilities:
  • Develop and implement a yearly strategic sales plan that identifies opportunities, risks, and resources required to maximize the company's revenue stream.
  • Identify strategic growth opportunities through relationships that fit overall strategy
  • Lead, mentor and support the sales team in key selling and customer service interaction.
  • Motivate the sales team to achieve objectives by conducting performance appraisals, and providing ongoing coaching and feedback
  • Hire and develop a talented sale team; establish and foster an environment of best practices through effective team mentorship, coaching and leadership.
  • Focus the sales team on profitable growth opportunities that will ensure overall revenue targets are achieved
  • Monitor category-specific landscapes and trends, reporting on the forces that shift tactical budgets and strategic direction of accounts.
  • Keep current with supply and demand, changing trends, economic indicators, and competitors.
  • Drive focus and execution across the sales team to ensure effective engagement in the account management process.
  • Monitor and maintain profitability of portfolios and devise action plans to ensure profitability hurdles are overcome.


What we're looking for:
  • Bachelor's Degree in business administration.
  • Five (5) to seven (7) years' experience in sales and business development.
  • Experience in the financial lending industry.
  • Three (3) to Five (5) years' experience leading a team.
  • Leadership
  • Strategic Thinking
  • Communication
  • Interpersonal Skills
  • Bilingual
  • Relationship Building
  • Change Management
  • Problem Solving & Analytical Skills


What you'll love about working here:
  • Award-Winning Culture: We're proud to be recognized as a Great Place to Work Canada 2025 and one of Montreal's Top Employers 2025 by Canada's Top 100 Employers.
  • Work-Life Balance: Enjoy flexibility with our hybrid work model designed to support your lifestyle.
  • Time to Recharge: Generous vacation based on your role, statutory holidays, plus 6 wellness days to prioritize your well-being.
  • Compensation Package: Competitive base salary plus an annual incentive bonus tied to performance.
  • Comprehensive Benefits: Robust health and dental coverage through Manulife, as well as virtual healthcare through Dialogue.
  • Future-Ready Savings: Group Retirement Savings Plan with up to 7% employer match.
  • Exclusive Perks: Discounts from top retailers via WorkPerks, plus location-based perks like gym memberships and Toronto Bike Share.
  • On-Site Fitness: Gym access at our London and Montreal offices.
  • Continuous Growth: Education Assistance Program and Fairstone Academy for training and skill development.
  • Family Support: Parental leave top-up program to help you during life's big moments.
  • Community Impact: One paid volunteer day to give back to causes that matter to you.


What you can expect - pay & process:
  • Expected base salary range is $130 000.00 - $150 000.00, plus the opportunity to earn an annual incentive bonus tied to performance.
  • This posting is for an existing vacancy within our organization.
  • Artificial intelligence may be used in parts of the recruitment process.
  • All candidates considered for hire must successfully pass a criminal background check, credit check, and validation of their work experience to qualify for hire.


If what you read excites you, we'd like to hear from you! Please submit your application and we'll contact you if you become selected for first stages of the interview process.

Learn more: https://www.fairstone.ca/en/about/canadian-lender

Follow us on LinkedIn: https://www.linkedin.com/company/fairstone/mycompany/

If you have a preferred language for communication, please kindly inform us whether you prefer French or English on your application.

Time Type:
Full time

Job Type:
Permanent

About Fairstone Financial Inc.

Fairstone Financial Inc. is a Canadian financial services company that provides personal loans, mortgages, and other financial products to consumers across Canada. The company was founded in 1923 and has since grown to become one of Canada's largest non-bank lenders, with over 200 branches and 2,000 employees. Fairstone Financial Inc. is committed to providing responsible lending practices and has implemented various initiatives to promote financial literacy and consumer protection. The company is also committed to sustainability and has implemented various initiatives to reduce its environmental impact.
Learn more about Fairstone Financial Inc.
Size
2,000 employees
Industry
Net Income
$50 million
5 Year Trend
+5%
Revenue
$200 million
NASDAQ

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