Being a traditional bank just isn’t our thing. We are big believers in innovating the banking experience because we believe Canadians deserve better options, and we challenge ourselves and our teams to creatively transform what’s possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing things. Overall we serve more than 670,000 people across Canada through Equitable Bank, Canada's Challenger Bank™, and have been around for more than 50 years. Equitable Bank's wholly-owned subsidiary, Concentra Bank, supports credit unions across Canada that serve more than six million members. Together we have over $125 billion in combined assets under management and administration, with a clear mandate to drive change in Canadian banking to enrich people's lives. Our customers have named our EQ Bank digital platform ( eqbank.ca ) one of the top banks in Canada on the Forbes World's Best Banks list since 2021.
The Senior Analyst Third Party Risk Management provides support in the development of operational risk standards, tools, processes, and systems, and in the execution of oversight and reporting of operational risk management practices across the organization.
The primary focus of this role is to support second line of defense third party risk management activities within the Operational Risk Management department.
Operational Risk Management:
Support the maintenance and management of the third party risk supporting systems, tools, dashboards, teams communication sites and shared mailboxes
Assist in data quality reviews to ensure the accuracy, reliability and completeness of data and apply best practices for data capture and maintenance
Responsible for tracking action plans based on outcomes of due diligence, calibration activities, monitoring, incidents, and transition provisions and reporting status
Maintain third party risk management internal standards, including timely resolution of internal and external issues and engagement with key stakeholders
Engage with and assist Directors and Managers on the Operational Risk Management team on third party and operational risk strategic projects, risk activities and undertaking development activities, as required
Work with business units and departments to assist with their overall third party risk management obligations
Support the creation and implementation of third party risk reporting including maintaining monthly/quarterly/ad-hoc risk reporting on key risk indicators, and operational risk levels and developing analytics
Contribute to the development, administration and maintenance of the Bank’s third party risk management system, ensuring risk data populated is timely, accurate and consistently applied
Risk Governance & Oversight:
Research and provide in depth analysis and guidance on third party and operational risk industry standards and best practices
Create and maintain third party and operational risk management guidelines, manuals and tools
Assist in the awareness, understanding, communication and training of third party and operational risk procedures
Risk Reporting:
~ Support regularly scheduled and ad-hoc third party risk reporting and analytics to Support Senior Management reporting
Completion of a post-secondary education program in the business field, complemented with enrollment in a relevant professional designation program
~3+ years of relevant risk management experience in operational risk and controls, preferably gained through working in front office, risk management, consulting role in financial industry, Audit, Compliance or Operational risk management
~ Proficient written and verbal communication skills including the ability to facilitate meetings and draw insights
~ Good organizational, project and time management to efficiently deliver concurrent projects with competing priorities
~ Experienced in building reports and managing data quality in order to meet regulatory/legal requirements of Financial Institutions
~ Developing knowledge and awareness of the financial industry, risk management practices and regulatory and/or policy changes
~ Data analytical skills including proficiencies in Power BI, Excel and / or data reporting tools
What we offer (For full-time permanent roles)
Medical, dental, vision, life, and disability benefits
Generous vacation policy and personal days
Virtual events to connect with your fellow colleagues
A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience
The incumbent will be working hybrid and in office time will be spent working from Equitable Bank’s additional office space located at 351 King Street East, Toronto, ON.
Equitable Bank is deeply committed to inclusion.
Being a traditional bank just isn’t our thing. We are big believers in innovating the banking experience because we believe Canadians deserve better options, and we challenge ourselves and our teams to creatively transform what’s possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing things. Overall we serve more than 670,000 people across Canada through Equitable Bank, Canada's Challenger Bank™, and have been around for more than 50 years. Equitable Bank's wholly-owned subsidiary, Concentra Bank, supports credit unions across Canada that serve more than six million members. Together we have over $125 billion in combined assets under management and administration, with a clear mandate to drive change in Canadian banking to enrich people's lives. Our customers have named our EQ Bank digital platform ( eqbank.ca ) one of the top banks in Canada on the Forbes World's Best Banks list since 2021.
The Underwriter is responsible for conducting credit reviews across the entire suite of Insurance Lending products which includes Immediate Financing Arrangements (IFA), CSV Max, and CSV Flex applications. The incumbent will be responsible for adjudicating corporate and personal credit applications, while maintaining excellent service levels.
Assess the credit worthiness of both commercial (corporate) and individual borrowers, while adhering to the Bank’s lending guidelines and policies.
Demonstrate a comprehensive understanding of the nuances of Whole Life Insurance policies, including their structure, functionality, as well as the impact of future policy changes on the credit portfolio
Support other areas within the Growth Business unit as required.
In-depth knowledge of commercial underwriting and financial statements analysis.
Proficient underwriting skills, with a minimum of1 year of commercial lending experience.
Insurance lending experience preferred
Exposure to and knowledge of whole life insurance products is highly preferred.
What we offer (For full-time permanent roles)
Medical, dental, vision, life, and disability benefits
Generous vacation policy and personal days
Virtual events to connect with your fellow colleagues
A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience
Equitable Bank is deeply committed to inclusion.
Being a traditional bank just isn’t our thing. We are big believers in innovating the banking experience because we believe Canadians deserve better options, and we challenge ourselves and our teams to creatively transform what’s possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing things. Overall we serve more than 670,000 people across Canada through Equitable Bank, Canada's Challenger Bank™, and have been around for more than 50 years. Equitable Bank's wholly-owned subsidiary, Concentra Bank, supports credit unions across Canada that serve more than six million members. Together we have over $125 billion in combined assets under management and administration, with a clear mandate to drive change in Canadian banking to enrich people's lives. Our customers have named our EQ Bank digital platform ( eqbank.ca ) one of the top banks in Canada on the Forbes World's Best Banks list since 2021.
The AML/ATF department within Compliance is responsible for the management of the Bank’s AML/ATF risk through the implementation and monitoring of effective controls. The Senior Analyst role is a multi-faceted one as responsibilities may include ensuring our organization's adherence to regulatory standards through advanced data analysis, modeling, mining, and automation techniques. As a Senior Analyst, you will play a key role in driving the design and implementation of digital-transformation solutions and contribute to the enhancement of our compliance strategies through cutting-edge Low-Code Automation and data-driven solutions. The environment is often fast-paced and requires the effective time management of multiple tasks and projects.
This role will focus on development and implementation of innovative solutions using Power Apps and Power Automate to streamline processes, increase operational efficiency, and drive growth for enterprise risk operations. We offer significant potential for professional growth, along with numerous opportunities to engage in a diverse range of projects.
Automation: Implement custom automation solutions to streamline AML compliance procedures. Leading in design, specification, and selection of RPA solutions, giving due consideration to functionality, data, security, integration, infrastructure, and performance.
Create and enhance tools, scripts, and applications to facilitate data analysis, reporting, and compliance monitoring. Analyze, understand and document business processes to identify technical requirements and ensure designed solutions meet business requirement. Collaborate with business & technology stakeholders to ensure agreement in areas such as feasibility, execution, and decisions on hosting solutions which may impact architecture, security and application support.
Data Management: Build applications that connect to data sources within SQL databases and present the information in a concise manner that aligns with specified requirements.
Scheduling and Monitoring :Design scalable solutions that can operate in a scheduled way and ensure seamless and efficient execution of those processes. Testing: Create and execute test cases/scenarios to evaluate functional and non-functional performance of solutions
Create user guides and technical documentation for solutions developed
Support Operational teams during UAT and roll-out phases. Support existing processes in production and implement change as part of a structured change control process
Bachelor's degree in Data Science, Computer Science, Statistics, or a related field. Minimum 4 years of experience in RPA development, with at least 2 years focused on Microsoft Power Automate.
Proficient in using Microsoft Power Automate (Desktop and Cloud flows), Power Apps (Canvas/Model driven apps), Power Pages, and other components of the Microsoft Power Platform
Familiarity with other leading automation tools and technologies such as UiPath and certifications in Power Automate, UiPath, or other relevant RPA tools are highly desirable
Experience in utilizing API development and management tools such as Postman, with a strong understanding of Web APIs (SOAP/REST).
Working knowledge of SQL and experience in data extraction and manipulation.
High proficiency in the use of Microsoft Office applications (i.e., Advanced Excel, VBA, PowerPoint, Outlook, Word).
What we offer (For full-time permanent roles)
Medical, dental, vision, life, and disability benefits
Generous vacation policy and personal days
Virtual events to connect with your fellow colleagues
A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience
Equitable Bank is deeply committed to inclusion.
The Work:
The primary purpose of this position is to support the Sr. Trust Advisor(s) in administering estate or trust files and is responsible for the day-to day administrative functions of Estate and Trust client files.
The Core Responsibilities Of The Job:
Ensure that the estate/trust are administered according to the Will/Trust Deed, appropriate legislation and posted service standards for accuracy and timelines.
Identify and diarize all crucial dates, deadlines, and follow-up, including income tax, bill payments, home insurance and is completed to meet Legislative timelines and Service Standards
Initiating and completing redemption and transfer of assets as required
Monitoring, preparing appropriate documentation for distributions and paying all regular disbursement requests according to delegation of authority limits
Compiling and remitting documentation to the Trust Associate for preparation of income tax returns
Keeping detailed documentation of all correspondence and organizing according to file standard
Mitigating risk by assessing, investigating, and offering recommendations to Sr. Trust Advisor for file specific situations
Act as a client relationship manager with financial institutions, realtors, accountants, government agencies, law firms, credit union representatives, and other external parties pertaining to file specific requirements
Communicating with legal counsel on all necessary tasks such as probate applications, land titles/transfer of land and Court Passings
Complete the appropriate fee calculation on all accounts according to the applicable fee schedule
Verifying and settling keying transactions for peers
Prepare appropriate documentation for discretionary item reviews and distributions request
Informing Sr. Trust Advisor of risks or concerns during file administration
Identifying and bringing forward recommendations to change procedures for increased efficiency, accuracy, and minimization of associated risks
Identifying and reporting problems with trust system
Initiating changes and updates to forms and manuals as required
Identifying all assets and liabilities by reviewing tax returns, obtained paperwork and bank statements
Maintain Client Data base with accurate information regarding all clients (Ex. Innotrust, Data sources)
Work with auditors (internal and external) to facilitate the required examination of customer accounts
omplete Canada Revenue Agency Forms, Financial Institution investment documentation
Prepare and send out correspondence to beneficiaries and principals on accounts as directed by Sr. Trust Advisor and service standards.
Reconcile third party investment statements to internal records.
Prepare and audit reports to ensure transactions meet trust accounting principles, court format, and tax reporting requirements, as required
Let's Talk About You!
~1-2 years post-secondary education in business administration of related field.
~ Two (2) years in trust or financial services industry with experience in administrative capacity
~ Enrolment in the first course of the Certificate program through STEP
~ Basic knowledge of current trust law and legislative requirements in all common law provinces
~ Innovest system knowledge
~ Excellent Microsoft office skills
~ Excellent analytical and problem solvingskills
~ Comprehensive written and oral communication skills
~ Ability to communicate with professionals at all levels
~ Concern for Order, Quality and Compliance
~ Listening, Understanding & Responding
~ Results Orientation
~ Teamwork & Co-operation
Being a traditional bank just isn’t our thing. We are big believers in innovating the banking experience because we believe Canadians deserve better options, and we challenge ourselves and our teams to creatively transform what’s possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing things. Overall we serve more than 670,000 people across Canada through Equitable Bank, Canada's Challenger Bank™, and have been around for more than 50 years. Equitable Bank's wholly-owned subsidiary, Concentra Bank, supports credit unions across Canada that serve more than six million members. Together we have over $125 billion in combined assets under management and administration, with a clear mandate to drive change in Canadian banking to enrich people's lives. Our customers have named our EQ Bank digital platform ( eqbank.ca ) one of the top banks in Canada on the Forbes World's Best Banks list since 2021.
Equitable’s digital platform is our strategic enabler to offer innovative solutions that challenge the status quo in banking. As a Junior Angular Engineer, we are looking for someone who has the technical ability to implement user interfaces using JavaScript and the Angular framework. You will also need to have great communication and collaboration skills as you will need to interact with fellow frontend and backend developers regularly to ensure components can be integrated together.
Design and develop user interfaces using Angular best practices and latest front-end technologies
Write JavaScript, CSS, and HTML
Make complex technical and design decisions for Angular projects
Develop application codes and unit tests in Angular, Java Technologies, and Rest Web Services
Work with Tech Leads and Senior developers to implement performant and scalable solutions
Bachelor of Science degree in Computer Science or Computer Engineering is preferred
Have 1-2 years of angular development (co-op or professional setting)
Interest in financial services and banking (retail digital products)
Proficient in Javascript
Proficient in CSS, HTML, and writing cross-browser compatible code
Knowledge of JavaScript MV-VM/MVC frameworks including Angular and node.js
Knowledge of RESTful Architecture and web services
Knowledge of Micro Front end architecture preferred
Ability to troubleshoot and resolve technical issues
Ability to work independently or under the direction of senior team members
What we offer (For full-time permanent roles)
Medical, dental, vision, life, and disability benefits
Generous vacation policy and personal days
Virtual events to connect with your fellow colleagues
A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience
The incumbent will be working hybrid and in office time will be spent working from Equitable Bank’s additional office space located at 351 King Street East, Toronto, ON.
Equitable Bank is deeply committed to inclusion.
Being a traditional bank just isn’t our thing. We are big believers in innovating the banking experience because we believe Canadians deserve better options, and we challenge ourselves and our teams to creatively transform what’s possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing things. Overall we serve more than 670,000 people across Canada through Equitable Bank, Canada's Challenger Bank™, and have been around for more than 50 years. Equitable Bank's wholly-owned subsidiary, Concentra Bank, supports credit unions across Canada that serve more than six million members. Together we have over $125 billion in combined assets under management and administration, with a clear mandate to drive change in Canadian banking to enrich people's lives. Our customers have named our EQ Bank digital platform ( eqbank.ca ) one of the top banks in Canada on the Forbes World's Best Banks list since 2021.
The Underwriter is responsible for conducting credit reviews across the entire suite of Insurance Lending products which includes Immediate Financing Arrangements (IFA), CSV Max, and CSV Flex applications. The incumbent will be responsible for adjudicating corporate and personal credit applications, while maintaining excellent service levels.
Assess the credit worthiness of both commercial (corporate) and individual borrowers, while adhering to the Bank’s lending guidelines and policies.
Demonstrate a comprehensive understanding of the nuances of Whole Life Insurance policies, including their structure, functionality, as well as the impact of future policy changes on the credit portfolio
Support other areas within the Growth Business unit as required.
In-depth knowledge of commercial underwriting and financial statements analysis.
Proficient underwriting skills, with a minimum of1 year of commercial lending experience.
Insurance lending experience preferred
Exposure to and knowledge of whole life insurance products is highly preferred.
What we offer (For full-time permanent roles)
Medical, dental, vision, life, and disability benefits
Generous vacation policy and personal days
Virtual events to connect with your fellow colleagues
A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience
Equitable Bank is deeply committed to inclusion.
Being a traditional bank just isn’t our thing. We are big believers in innovating the banking experience because we believe Canadians deserve better options, and we challenge ourselves and our teams to creatively transform what’s possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing things. Overall we serve more than 670,000 people across Canada through Equitable Bank, Canada's Challenger Bank™, and have been around for more than 50 years. Equitable Bank's wholly-owned subsidiary, Concentra Bank, supports credit unions across Canada that serve more than six million members. Together we have over $125 billion in combined assets under management and administration, with a clear mandate to drive change in Canadian banking to enrich people's lives. Our customers have named our EQ Bank digital platform ( eqbank.ca ) one of the top banks in Canada on the Forbes World's Best Banks list since 2021.
Reporting into the Director Insurance Lending & Wealth Solutions, the primary purpose of the BDM is:
Represents the Insurance Sales business as an expert consultant in matters related to the insurance world, the credit industry, product, regulatory and advice on insurance sales product solutions
Cultivates strong advisor relationships and educates advisors and field management on the benefits of incorporating Insurance Sales Expertise into their book of business
Partners with advisor to grow their book of business and revenue through Insurance Sales and cross-selling opportunities
Follows all compliance and regulatory guidelines to ensure risk is mitigated and controlled
Productivity targets will be set by management at the beginning of each business year, and the Director Insurance Lending & Wealth Solutions will oversee all related activity to ensure that these goals are met.
The BDM must be highly knowledgeable about both Equitable Bank’s product suite, as well as the broader advisor channel in order to generate prospective leads and/or partnerships. Proactively builds 1:1 relationship with Advisors to educate them on the benefits of incorporating Insurance Sales into Advisor business
Build out a yearly sales plan and approach to drive performance against deal & sales targets by:
Participating in Monthly/Quarterly/Annual Campaigns to drive sales growth and activity and leverage marketing materials; Expanding the referral network within a specific region to drive awareness of and sales growth in Insurance Sales
Deliver industry leading advice and solutions to clients to help them fulfill their overall financial plan
Help advisors identify opportunities in their book to help grow their business and revenue (future focus - focus on Advisor Segmentation plans)
Create cross-sell opportunities by building and maintaining collaborative relationships with advisors, brokers and wholesaling partners
Build strong relationship management with Internal Case Associate
Adhere to Activity and Compliance requirements:
Dynamics Activity Management (meeting thresholds)
Proper deal packaging
Bachelor’s degree in a field such as Commerce, Finance, Business Administration, Economics;
~3-5 years with prior sales / relationship management experience in the financial services industry, with familiarity in advisor practice management (Previous inside sales experience preferred)
~ Bilingual: French and English is desirable
~ Proficient on Microsoft Office – Word, Excel, and Power Point
~ What we offer (For full-time permanent roles)
Market leading RRSP match program
Medical, dental, vision, life, and disability benefits
Generous vacation policy and personal days
Virtual events to connect with your fellow colleagues
Annual professional development allowance and a comprehensive Career Development program
A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience
Equitable Bank is deeply committed to inclusion.
The Work:
The primary purpose of this position is to support the Sr. Trust Advisor(s) in administering estate or trust files and is responsible for the day-to day administrative functions of Estate and Trust client files.
The Core Responsibilities Of The Job:
Ensure that the estate/trust are administered according to the Will/Trust Deed, appropriate legislation and posted service standards for accuracy and timelines.
Identify and diarize all crucial dates, deadlines, and follow-up, including income tax, bill payments, home insurance and is completed to meet Legislative timelines and Service Standards
Initiating and completing redemption and transfer of assets as required
Monitoring, preparing appropriate documentation for distributions and paying all regular disbursement requests according to delegation of authority limits
Compiling and remitting documentation to the Trust Associate for preparation of income tax returns
Keeping detailed documentation of all correspondence and organizing according to file standard
Mitigating risk by assessing, investigating, and offering recommendations to Sr. Trust Advisor for file specific situations
Act as a client relationship manager with financial institutions, realtors, accountants, government agencies, law firms, credit union representatives, and other external parties pertaining to file specific requirements
Communicating with legal counsel on all necessary tasks such as probate applications, land titles/transfer of land and Court Passings
Complete the appropriate fee calculation on all accounts according to the applicable fee schedule
Verifying and settling keying transactions for peers
Prepare appropriate documentation for discretionary item reviews and distributions request
Informing Sr. Trust Advisor of risks or concerns during file administration
Identifying and bringing forward recommendations to change procedures for increased efficiency, accuracy, and minimization of associated risks
Identifying and reporting problems with trust system
Initiating changes and updates to forms and manuals as required
Identifying all assets and liabilities by reviewing tax returns, obtained paperwork and bank statements
Maintain Client Data base with accurate information regarding all clients (Ex. Innotrust, Data sources)
Work with auditors (internal and external) to facilitate the required examination of customer accounts
omplete Canada Revenue Agency Forms, Financial Institution investment documentation
Prepare and send out correspondence to beneficiaries and principals on accounts as directed by Sr. Trust Advisor and service standards.
Reconcile third party investment statements to internal records.
Prepare and audit reports to ensure transactions meet trust accounting principles, court format, and tax reporting requirements, as required
Let's Talk About You!
~1-2 years post-secondary education in business administration of related field.
~ Two (2) years in trust or financial services industry with experience in administrative capacity
~ Enrolment in the first course of the Certificate program through STEP
~ Basic knowledge of current trust law and legislative requirements in all common law provinces
~ Innovest system knowledge
~ Excellent Microsoft office skills
~ Excellent analytical and problem solvingskills
~ Comprehensive written and oral communication skills
~ Ability to communicate with professionals at all levels
~ Concern for Order, Quality and Compliance
~ Listening, Understanding & Responding
~ Results Orientation
~ Teamwork & Co-operation
Being a traditional bank just isn’t our thing. We are big believers in innovating the banking experience because we believe Canadians deserve better options, and we challenge ourselves and our teams to creatively transform what’s possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing things. Overall we serve more than 670,000 people across Canada through Equitable Bank, Canada's Challenger Bank™, and have been around for more than 50 years. Equitable Bank's wholly-owned subsidiary, Concentra Bank, supports credit unions across Canada that serve more than six million members. Together we have over $125 billion in combined assets under management and administration, with a clear mandate to drive change in Canadian banking to enrich people's lives. Our customers have named our EQ Bank digital platform ( eqbank.ca ) one of the top banks in Canada on the Forbes World's Best Banks list since 2021.
The Manager, Office Experience is in charge of overseeing and optimizing all aspects of office operations, with a focus on managing contractors, coordinating with vendors, records management oversight and enhancing existing processes while creating new ones. This role ensures that the office runs smoothly and efficiently, aligning operational strategies with organizational goals. The Manager, Office Experience plays a crucial role in negotiating and maintaining vendor relationships, monitoring contract compliance, and identifying opportunities for process improvements to support a productive and cost-effective work environment. The ideal candidate will be experienced in handling a wide range of administrative related tasks, exercise excellent judgment, and be able to work independently with little or no supervision. 50%) Office Experience Service Delivery Model
~ Development and management of all Office Experience programs (cleaning, food & beverage, security, on site paramedical)
~ Collaborate and support internal Events team and IDEA team (Inclusion, Diversity, Equity and Accessibility) events
~ Collaborate with the Green Team to evolve the sustainability plan in office
~ Day to day relationship management of building cleaners through Tenant portal
~ Resourcing, staffing of Office Experience requirements and RFPs for all main services to ensure right fit
~ Drive operational effectiveness by measuring, monitoring and improving performance of contractors on each project thereby increasing operational efficiencies
~ Hire, coaching, develop contractors and full time FTE
(Organize office operations and procedures
Design and implement office policies
Manage customer inquiries through the office assist mailbox as needed and gather customer feedback via surveys
Maintain a solid understanding of our legal & regulatory obligations for our and our customer base and provide training
(15%) Physical Records Management
The Incumbent will provide Physical Records Management oversight support to the office team
This includes establishing efficient filing systems, ensuring compliance with retention policies and legal requirements, and facilitating the retrieval of information as needed. The role also entails implementing security measures to safeguard sensitive data and continuously improving records management processes for enhanced efficiency and accessibility
Will be responsible for implementing and maintaining all offsite records database, ensure effective transfer of files and records from all divisions and dispose according to retention schedules and policies. The incumbent will also be liaison with offsite facility to maintain all archives
(15%) Relationship Management
Establish and maintain working relationships with internal support groups, other business units, suppliers, and clients. Accountable to mediate and resolve complaints or issues that arise within the department
Establish and maintain relationships with the bank’s vendors and service providers
Management relationship with landlord in regards to all inquiries and services required
5+ years of experience in an Office Management capacity
~3+ years of people management experience
~ Can define own role, take on responsibilities and manage priorities with minimal guidance;
~ Must be self-leading with strong skills in emotional regulation, change management, analytics and customer centricity
~ long periods of standing, sitting, walking and focus on computer monitor required
~ Advanced computer skills, particularly in MS Office (Outlook, Excel, PowerPoint and Word)
~ This individual must be exceedingly well organized, flexible, courteous, and enjoy the administrative challenges of supporting an office of diverse people
The Manager should have a solid understanding of common functionality of the company as a whole
The incumbent is expected to keep themselves updated at all times of the changes in the company’s policies and requirements of the regulatory bodies
The position requires an individual who can conceptualize and execute a project from beginning to end and, with minimal oversight, define the business unit requirements to achieve the objective with an understanding of the impact that changes may have on other functional areas within the Company
What we offer (For full-time permanent roles)
Medical, dental, vision, life, and disability benefits
Generous vacation policy and personal days
Virtual events to connect with your fellow colleagues
A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience
Equitable Bank is deeply committed to inclusion.
Being a traditional bank just isn’t our thing. We are big believers in innovating the banking experience because we believe Canadians deserve better options, and we challenge ourselves and our teams to creatively transform what’s possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing things. Overall we serve more than 670,000 people across Canada through Equitable Bank, Canada's Challenger Bank™, and have been around for more than 50 years. Equitable Bank's wholly-owned subsidiary, Concentra Bank, supports credit unions across Canada that serve more than six million members. Together we have over $125 billion in combined assets under management and administration, with a clear mandate to drive change in Canadian banking to enrich people's lives. Our customers have named our EQ Bank digital platform ( eqbank.ca ) one of the top banks in Canada on the Forbes World's Best Banks list since 2021.
This opportunity will play a highly visible and crucial role within Finance team to ensure the efficient and effective management of essential financial functions supporting Technology and other business units across the Bank. The Financial Manager will be responsible for tracking project and agile development spend against funding envelopes; recording capitalized expenditures (CAPEX) and operating expenses (OPEX) for Bank wide projects and Agile sprints and releases related to product development within EQB’s Technology department (mainly Digital Bank and Digital Lending). In addition, the Financial Manager will be responsible for Project and Agile spend reporting, and other financial reporting as applicable, to senior management.
This role will work closely with cross-functional teams, including Project Management, Personal Banking Product Management, Technology leaders, Finance, and Accounting to establish and ensure both accurate financial analysis and reporting, as well as compliance with accounting policies and procedures. The Manager will also play a key role in envelope-based forecasting, and portfolio level budgeting for Agile product development initiatives and other Bank wide projects. In addition to traditional processes for project reporting, this role offers an exciting shift to a sprint focused format and as such an understanding of agile and associated mindsets will be a key success factor.
Agile development spend – Data sourcing, Financial Analysis and Reporting (45%)
Work with product owners to review costs and analyze productivity data
Manage funding envelopes for quarterly planning cycles with Team or Sprint-Level Tracking.
CAPEX and OPEX of agile initiative costs in accordance with relevant accounting standards.
Required to have a solid understanding of the capabilities and features being developed and maintained by technology and other business units so that accurate & knowledgeable delineations can be made on how to treat costs accurately.
Preparation of monthly/ quarterly accounting entries to be recorded by Accounting Team
Expected to work with product managers and Accounting Team to establish a governing process to capture software lifecycles in order to apply appropriate amortization schedules.
Employ and review advanced Excel skills such as Pivot Tables, Nestled “IF” Statements, VLOOKUP, OFFSET, SUMIFS, MATCH-INDEX, etc. Development of Power BI (or other reporting tools) for Agile spend reporting to senior management
Other Business Unit Project spend – Data sourcing, Financial Analysis and Reporting (25%)
Work with D&P (Delivery & Productivity) Team and other stakeholders across the Bank to facilitate monthly Business unit project spend recording to the general ledger
Work with Senior Analyst to ensure most efficient process is in operation
Maintain data related to monthly project expenditure (including CAPEX/ OPEX nature of spend) according to accounting and compliance requirements
Employ and review advanced Excel skills such as Pivot Tables, Nestled “IF” Statements, VLOOKUP, OFFSET, SUMIFS, MATCH-INDEX, etc. Development of Power BI (or other reporting tools) for Project spend reporting to senior management
Participate in the preparation of quarterly forecasts/ annual Business Plans/ Budgets for agile product development pods and other business unit projects and initiatives
Accounting, Finance, Economics, or Business preferred
Proven experience (minimum 7 years) in project accounting, preferably with exposure to an Agile product development environment
Demonstrated ability using MS Office (Excel, Access, PowerPoint and Word)
Advanced Microsoft Excel skills, including developing/running macros
Experience utilizing technology to gather and manipulate data
Experience using database query tools (i.e. SQL) is considered an asset
Ability to clearly communicate technical, analytical/quantitative or conceptual information and ideas using language that is appropriate to the target audience
What we offer (For full-time permanent roles)
Medical, dental, vision, life, and disability benefits
Generous vacation policy and personal days
Virtual events to connect with your fellow colleagues
A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience
The incumbent will be working hybrid and in office time will be spent working from Equitable Bank’s additional office space located at 351 King Street East, Toronto, ON.
Equitable Bank is deeply committed to inclusion. All candidates considered for hire must successfully pass a criminal background check and credit check to qualify for hire.
