Senior Financial Analyst
2 days ago
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 pivotal role within the Financial Planning and Reporting team in one of the fastest growing financial institutions in Canada. The Senior Financial Analyst will use his or her financial modeling and analytical skills to develop scheduled and ad hoc reports that drive key management decisions. The candidate must be a quick learner who possesses strong communication, analytical and technical skills.
The Senior Financial Analyst will be responsible for developing and maintaining financial models that are distributed to management on a monthly and quarterly basis
Key deliverables encompass business unit profit & loss reporting, mortgage renewal & pricing analyses, mortgage continuity reports and budget/forecasts
This role will require the candidate to run detailed financial models, liaise with different business units and extract and manipulate data from various information sources
The incumbent will employ advanced Excel skills such as Pivot Tables, Nestled “IF” Statements, VLOOKUP, OFFSET, SUMIFS, MATCH-INDEX, etc. Enhance Financial Analyses and Processes (25%)
The Senior Financial Analyst will help structure key processes and develop relevant background documentation with a view to enhance efficiencies and manage risk
This team member will be expected to proactively find ways to improve the technical accuracy, validation and organization of financial models
Financial Analysis/Ad hoc Reporting (40%)
Perform ad hoc reporting and analysis requests as required with a high degree of flexibility and attention to detail
Reporting requests may require the candidate to collect, consolidate and analyze financial data and key performance metrics derived from various sources
The candidate may be required to assist in other areas of the Accounting and Finance department and other business units as needs arise
Accounting, Finance, Economics, or Business preferred
At least 4 - 5 years of progressive and relevant work experience
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.SQL) is considered an asset
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.
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