Senior Analyst Operational Risk

at  EQ Bank Equitable Bank

JOIN A CHALLENGER

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. If you’re not afraid of taking on big challenges and redefining the future, you belong with us. You’ll get to work with people who will encourage you to reach new heights. We like to keep things fun, ask questions and learn together.
We are a big (and growing!) family. Overall we serve more than 370,000 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 5 million members. Together we have over $100 billion in combined assets under management and administration, with a clear mandate to drive change in Canadian banking to enrich people’s lives. Our EQ Bank platform (eqbank.ca) has been named the top Schedule I Bank in Canada on the Forbes World’s Best Banks 2023, 2022, and 2021 lists.

CORE PARTS OF THE ROLE WOULD BE TO:

• Risk Governance & Oversight
• Research and provide in depth analysis and guidance on enterprise and operational risk industry standards and best practices.
• Create and maintain operational risk management guidelines, manuals and tools.

Operational Risk Management

• Maintain 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 projects, risk activities and undertaking development activities, as required.
• Monitor any deficiency management processes and action plans.
• Work with business units and departments to assist with their overall operational risk management obligations.
• Assist the business with facilitation of the Risk and Controls Self-Assessment (RCSA) process, new initiative risk assessments, as required.
• Support the creation and implementation of the Operational Risk intelligence dashboard including maintaining monthly/quarterly/ad-hoc risk reporting on key risk indicators, operational loss events and operational risk levels and developing analytics.

• Contribute to the development, administration and maintenance of the Bank’s Governance, Risk Management and Compliance (GRC) tool (Resolver), ensuring risk data populated is timely, accurate and consistently applied.

Information technology & Security Risk

• Through oversight activities, ensure that technology issues are identified, remediated, and reported to senior management within established monitoring and escalation parameters.

Business Advisory

• Assist in the awareness, understanding and communication of enterprise and operational risk procedures.

Risk Reporting

• Support regularly scheduled and ad-hoc Risk reporting and analytics to Support Senior Management reporting.

WHAT WE OFFER [FOR FULL-TIME PERMANENT ROLES]

\uD83D\uDCB0 Competitive discretionary bonus
✨ Market leading RRSP match program
\uD83E\uDE7A Medical, dental, vision, life, and disability benefits
\uD83D\uDCDD Employee Share Purchase Plan
\uD83D\uDC76\uD83C\uDFFD Maternity/Parental top-up while you care for your little one
\uD83C\uDFDD Generous vacation policy, personal days and even a moving day
\uD83D\uDDA5 Virtual events to connect with your fellow colleagues
\uD83C\uDF93 Annual professional development allowance and a comprehensive Career Development program
\uD83D\uDC9B 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. Our organization is stronger and our employees thrive when we honour and celebrate everyone’s diverse experiences and perspectives. In tandem with that commitment, we support and encourage our staff to grow not just in their career path, but personally as well.
We commit to providing a barrier-free recruitment process and work environment for all applicants. Please let us know of any accommodations needed so that you can bring your best self to the application process and beyond. All candidates considered for hire must successfully pass a criminal background check and credit check to qualify for hire. While we appreciate your interest in applying, an Equitable recruiter will only contact leading candidates whose skills and qualifications closely match the requirements of the position.
We can’t wait to get to know you