About the job

Who We Are

HomeEquity Bank is a Schedule 1 Canadian chartered bank and the leading national provider of reverse mortgages, with a growing portfolio. As the only bank solely dedicated to serving homeowners 55 and up, we’re passionate about helping Canadian homeowners live retirement on their terms. We live that commitment every day, with a range of reverse mortgage solutions that include our flagship CHIP Reverse Mortgage™ product.

OUR VALUES, OUR PASSION

At HomeEquity Bank, our values drive and inspire our actions with our customers, our partners and each other.

Customer-Focused. Passionate Advocates
Courage to Act. Do the Right Thing
One Team. One Vision
Think Long-Term. Ever-Evolving
Be Exceptional. Inspire Greatness

Position Summary

Join HomeEquity Bank’s growing Risk Management team and help shape the future of responsible lending in Canada’s reverse mortgage market.

In this role, you will be a key driver in advancing the Bank’s Credit Risk Management Program through data, analytics, and cross-functional collaboration, with expansion to areas like climate risk. As part of the second line of defense, you’ll provide independent challenge, analytical insights, and strategic guidance that empower informed decision-making across the organization.

Beyond traditional risk activities, this position offers exciting exposure to emerging disciplines such as climate and geolocation risk analysis, reflecting the Bank’s forward-looking commitment to regulatory compliance, sustainability, and innovation. You’ll collaborate closely with teams across Product, Data & Analytics, and Operations to translate data-driven insights into actionable risk strategies that strengthen our portfolio and protect our customers.

Key Responsibilities

Credit and Operational Risk Oversight – Conduct comprehensive risk assessments, control effectiveness testing, and monitoring activities across Credit, Mortgage Lending, and Operations.
Insightful Reporting & Data Visualization – Build and enhance data-driven risk dashboards using a combination of visualization tools, produce analytical insights for senior management and Board reporting.
Analytics Model Development and Validation – Perform risk-based credit model development and enhancement, validation of credit models and support analytic reviews leveraging SQL, Python, Pyspark or data visualization tools.
Product/Project & Initiative Risk Reviews – Evaluate new products, projects, and initiatives against the Risk Appetite Framework to ensure strategic and regulatory alignment.
Advisory & Challenge – Review escalated credit cases, perform enhanced due diligence, and provide independent recommendations to senior leaders on risk suitability.
Continuous Improvement – Strengthen policies, procedures, and frameworks to embed best practices in credit and enterprise risk management.
Issue Management & Audit Support – Partner with business units to address audit or regulatory findings using data and analytics, ensuring timely and sustainable remediation
Promote Risk Culture – Foster awareness and understanding of credit, operational, and fraud risk across the Bank through collaboration, communication, and training.
Drive Enterprise Risk Excellence – Support the execution and continuous improvement of the Bank’s ERM framework to ensure consistency, transparency, and alignment with risk appetite and business strategy.
Innovation in Risk Practices – Contribute to cross-functional projects such as expanding GRC platforms or integrating new data domains, including geolocation and climate risk analytics.

Responsibilities