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Versapay

Senior Director of Underwriting, Fraud Monitoring & Boarding

Canada (Remote)

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Role family
Finance
Seniority
Director
Country
CA
Work mode
Remote-friendly
First seen by hirly
1 Sept 2026

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the posting

About Versapay 🚀

Versapay turns accounts receivable (AR) into a competitive advantage.

Inefficient AR processes slow cash flow and stall growth. Versapay removes friction, unlocks working capital, and accelerates momentum — giving finance leaders the clarity and control they need to drive business forward.

Versapay automates accounts receivable, removing barriers to collecting and reconciling B2B payments. Our solutions connect finance teams, customers, and business systems in one ecosystem to ensure cash flow clarity. With over 10,000 customers and 5M+ companies transacting on the platform, Versapay processes over 110M transactions and $257B annually.

Think you might be the next Veep to join? Read on!!

About the Role

  • Versapay is scaling its B2B payments platform and preparing for future embedded lending capabilities. We're hiring a Director to lead the day-to-day merchant boarding, underwriting, and risk operations functions, with an initial focus on improving speed, quality, consistency, and control across payments onboarding. This is a hands-on operator role: you'll modernize how we
  • onboard and underwrite merchants — applying automation, analytics, and practical AI-enabled workflows to create a frictionless experience for low-risk customers while maintaining rigorous controls for higher-risk segments.

You will own daily execution of boarding, underwriting, exception management, and ongoing merchant risk monitoring, while partnering with Product, Engineering, Compliance, Finance, Sales, and sponsor bank stakeholders to evolve policies, workflows, vendor integrations, and reporting. As Versapay’s lending ambitions mature, you will help translate payments and AR data into practical underwriting inputs and operating controls.

A key opportunity in this role is Versapay’s unique data position. Our AR automation platform provides visibility into invoice-level activity, DSO trends, payer behavior, and customer concentration. You will help operationalize that data into better boarding, underwriting, and monitoring practices — first for payments risk and, over time, for embedded lending use cases.

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Senior Director of Underwriting, Fraud Monitoring & Boarding at Versapay — hirly