Associate Director, Commercial Monitoring, Control and Analytics

7 days ago

Toronto, Canada EQ Bank | Equitable Bank Full time
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 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 Work

The Associate Director, Commercial Monitoring, Control and Analytics will be responsible for developing, deploying, and maintaining governance policies, credit processes, analytics and training for the different teams across the Bank’s Commercial department. This includes the review and analysis of applicable regulatory framework and enterprise policy to ensure that adequate controls and procedures are in place. As such, this role requires close collaboration with other departments within Equitable Bank. The scope of this role includes Concentra’s Trust and Credit Union businesses.

The Associate Director, Commercial Monitoring, Control and Analytics will be responsible for supporting the Managing Director, Commercial Monitoring, Control and Analytics as well as the VP, Commercial Lending on a variety of projects with the purpose of increasing efficiency while ensuring all critical functions meet the Bank’s regulatory requirements and are in line with the Bank’s policies & procedures and risk appetite. These projects often involve cross-functional teams and contribute to the overall strategy and direction of the Bank. The Associate Director will be expected to act independently as the business lead for certain initiatives, managing internal stakeholders to drive execution and obtain results in a timely manner.

The core parts of your role would be to:

  • Drive collaboration within the Commercial department to review and update the Commercial department’s policies and procedures,
  • Support regression analysis of Commercial policy and procedure with respect to regulatory changes and updated enterprise policy and procedures
  • Provide direction to Senior Management within the Commercial department to ensure that adequate controls and procedures are in place and are strictly adhered to by communicating updates in the Bank’s policies and procedures
  • Research, provide analysis and interpret applicable policies and procedures and legislation to share guidance to appropriate stakeholders within the Commercial department in a concise and relevant manner
  • Oversee credit initiatives to support the growth and optimization of the Commercial portfolio while maintaining compliance with the Bank’s policies & procedures and risk appetite
  • Liaise with internal and external stakeholders during business initiatives ensuring requirements and new procedures are negotiated and properly communicated to internal stakeholders
  • Drive collaboration within Senior Management in the Commercial department to identify needs and develop scalable solutions to increase efficiencies, enhance customer experience, and limit operational/regulatory risks.
  • Support the Senior Director, Commercial Operations and Analytics by drafting, implementing and maintaining reports and tools for the Commercial department, contract negotiation and assisting with Ad Hoc requests as needed
  • Support the monitoring of the Commercial Department by assisting with the creation and maintenance of Commercial Reporting
  • Regularly review, develop and distribute to the Commercial department an effective and ongoing training program related to the Bank’s and the Commercial department’s policies and procedures
  • Support Senior Management by providing guidance and training to commercial partners on the Bank’s requirements

Let's Talk About You

  • Professional Designation preferred (CFA, CIA, CPA, CAMS)
  • Minimum of 8 years’ experience in commercial real estate
  • Knowledge of banking regulations (i.e. CAR, PIPEDA, Bank Act, AML etc.)
  • Experience with drafting policy, procedures, standards, and other related documents, and facilitating effective training to staff
  • Ability to translate legislative/regulatory requirements into policy/procedure
  • Experience working with Project Management teams and implementing project initiatives
  • Impeccable judgment with the ability to make sound decisions
  • Strong interpersonal, relationship-building and negotiation skills
  • Strong organizational and time management skills with the ability to handle competing priorities
  • French language proficiency is an asset

Job Complexities / Thinking Challenges

  • The incumbent must have a strong risk background with sufficient experience in commercial lending to successfully support the Bank’s Commercial department. The position also requires strong drafting, interpretation, and negotiation skills. The incumbent must champion governance as a strategic discipline as they will be required to understand and provide guidance on corporate policies, procedures and regulatory requirements.
  • The ideal candidate will need to demonstrate the ability to adapt to constantly changing regulatory and compliance environments, and the analytical mind capable of managing numerous information sources, making decisions, and providing analysis reports to senior management. The role requires strong analytical and problem-solving skills, and the ability to negotiate independently with minimal supervision
  • Excellent organization and communication skills are mandatory as the incumbent will be required to work on multiple projects, dealing with multiple stakeholders and teams, and performing under pressure and within tight time constraints.

What we offer [For full-time permanent roles]

💰 Competitive discretionary bonus

✨ Market leading RRSP match program

🩺 Medical, dental, vision, life, and disability benefits

📝 Employee Share Purchase Plan

👶🏽 Maternity/Parental top-up while you care for your little one

🏝 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

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

  • Associate Director, Commercial Monitoring, Control And Analytics

    7 days ago

    Toronto, ON, Canada EQ Bank | Equitable Bank Full time

    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...

  • Associate Director, Commercial Monitoring, Control And Analytics

    7 days ago

    Toronto, ON, Canada EQ Bank | Equitable Bank Full time

    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...

  • Associate Director, Commercial Monitoring, Control And Analytics

    7 days ago

    Toronto, ON, Canada EQ Bank | Equitable Bank Full time

    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...

  • Senior Commercial Governance and Analytics Director

    7 days ago

    Toronto, Ontario, Canada EQ Bank | Equitable Bank Full time

    At EQ Bank | Equitable Bank, we're innovating the banking experience for Canadians. We believe in challenging traditional norms and driving change to enrich people's lives.We have over $125 billion in combined assets under management and administration, with a clear mandate to drive innovation in Canadian banking. Our customers have recognized our EQ Bank...

  • Director of Commercial Analytics

    3 weeks ago

    Toronto, Ontario, Canada Four Seasons Hotels and Resorts Full time

    About Four Seasons: Four Seasons Hotels and Resorts is a global luxury hotel management company. We manage over 120 hotels and resorts in 47 countries worldwide. At Four Seasons, we believe in recognizing a familiar face, welcoming a new one, and treating everyone we meet with the same respect we wish to be treated ourselves. We foster a culture of luxury...

  • Associate Director/director

    6 months ago

    Toronto, Canada Tiger Analytics Full time

    Tiger Analytics is an advanced analytics consulting firm. We are the trusted analytics partner for several Fortune 100 companies, enabling them to generate business value from data. Our consultants bring deep expertise in Data Science, Machine Learning and AI. Our business value and leadership has been recognized by various market research firms, including...

  • Associate Director, Credit Risk Analytics and

    3 months ago

    Toronto, Canada Royal Bank of Canada Full time

    **Job Summary** Monitors market risk and implements risk management systems and processes to minimize any risk to the market. Applies extensive, in-depth knowledge, skills, and practices to perform complex assignments. **What is the Opportunity?** The Associate Director, Credit Risk Analytics and Modeling will support the model development and model...

  • Associate Director, Commercial

    3 months ago

    Toronto, Canada Altus Group Full time

    **Job Category**: Cost Management Consulting **Pay Grade Range**: $86,585.00 - $202,025.00 **Disclaimer**: The base salary range represents the low and high end of Altus Group’s “Pay Grade Range” for this position in the primary work location. Actual hiring salaries will vary depending on factors including but not limited to work experience, and...

  • Commercial Director

    2 months ago

    Old Toronto, Ontario, Canada WSP Global Inc. Full time

    Job OpportunityWSP Global Inc. is seeking a seasoned Commercial Director to join our Corporate Commercial & Risks Management team. This role will be based in either Quebec or Ontario, with other locations in Canada also considered.Key ResponsibilitiesConduct bid reviews for major projects and support bid teams with escalated reviews and approvals.Collaborate...

  • Associate Director, Oversight

    6 months ago

    Toronto, Canada Royal Bank of Canada Full time

    **Job Summary** **What is the Opportunity?** We are seeking a highly skilled and experienced Associate Director to join our Corporate Security team and lead the oversight and reporting functions for our Strategy, Oversight & Governance team within the Corporate Security Management program. This individual will be responsible for providing strategic...

  • Market Research Associate

    6 months ago

    Toronto, Canada MD Analytics Full time

    MD Analytics, a rapidly growing Marketing Research company, is seeking a talented Research Associate to actively support and manage marketing research projects in the Healthcare and Pharmaceutical space. **The Opportunity: Research Associate based in the Greater Toronto Area** Working with a team in Toronto, you will be responsible for providing proactive...

  • Market Research Associate

    8 months ago

    Toronto, Canada MD Analytics Full time

    MD Analytics, a rapidly growing Marketing Research company, is seeking a talented Research Associate to actively support and manage marketing research projects in the Healthcare and Pharmaceutical space. **The Opportunity: Research Associate based in the Greater Toronto Area** Working with a team in Toronto, you will be responsible for providing proactive...

  • Associate Director, Bcrm Monitoring and Reporting

    6 months ago

    Toronto, Canada Royal Bank of Canada Full time

    **Job Summary** The Associate Director, BCRM Monitoring and Reporting will support key elements of the BCRM Program to develop and execute a robust Monitoring, Reporting and Objective Assessment Program, to ensure policy and standard requirements are adhered by the Enterprise. This role will execute effective oversight and challenge over the business/First...

  • Associate Director, Sponsor Coverage

    2 months ago

    Toronto, Canada TD Bank Full time

    **Work Location**: Canada **Hours**: 37.5 **Line of Business**: Credit Management **Pay Details**: **Department Overview** **The Commercial National Accounts ("CNA") team operates within TD Business Banking and provides dedicated relationship coverage to the larger commercial clients across all industry sectors. This client base is primarily designated...

  • Strategic Commercial Governance Lead

    6 days ago

    Toronto, Ontario, Canada EQ Bank | Equitable Bank Full time

    We are seeking a highly skilled Strategic Commercial Governance Lead to join our team at EQ Bank | Equitable Bank. As a key member of our Commercial department, you will be responsible for developing and deploying governance policies, credit processes, analytics, and training for our teams.About the RoleThe ideal candidate will have a strong background in...

  • Associate Director, Stress Testing Analytics

    5 months ago

    Toronto, Canada Royal Bank of Canada Full time

    **Job Summary** RBC is hiring an Associate Director of Stress Testing Analytics. This role will be responsible for the development and implementation of stress test tools supporting the data generation and aggregation for various internal and regulatory stress testing programs, working with RBC economics to produce economic projections, building analytical...

  • Commercial Director

    3 months ago

    Old Toronto, Canada WSP Global Inc. Full time

    The Opportunity: WSP Canada is currently seeking a Commercial Director for our corporate Commercial & Risks Management team located either in the province of Quebec or Ontario (other locations in Canada can also be considered). Reporting into our Senior Vice President, Commercial & Risk, this position will be responsible for the development and support of...

  • Associate Direction, Ccr Exposure Monitoring

    3 months ago

    Toronto, Canada Royal Bank of Canada Full time

    **Job Summary** As Associate Director (AD) in the Counterparty Credit Risk Exposure monitoring team, you are responsible for daily management of the credit risk framework and will help to facilitate implementation of the stress risk framework as they pertain to derivative exposures. You will support daily monitoring of counterparty exposures against...

  • Associate Director, Cnb Credit Risk Analytics

    2 weeks ago

    Toronto, Canada Royal Bank of Canada Full time

    **Job Summary** The Associate Director, CNB Credit Risk Analytics, will develop credit risk analytics tools including data-driven credit decisioning strategies and risk metrics to support credit risk management for City National Bank’s (CNB) Wholesale and Retail portfolios. You will use analytics to create a data mart from enterprise databases. The data...

  • Director, Commercial Excellence and Execution

    4 weeks ago

    Toronto, Canada Scotiabank Full time

    Requisition ID: 209077 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Director, Commercial Excellence and Execution - International Banking**: Scotiabank is Canada's most international bank, with an international presence unmatched by other Canadian Banks. Our operations include providing a full...