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Risk and Compliance Director
1 month ago
Join HomeEquity Bank as we establish a new division to launch a technology-first solution into the market. This is a unique opportunity to play a key leadership role in ensuring the successful launch and operation of a new lending venture.
About the RoleThe Director of Risk and Compliance will oversee all risk management and regulatory compliance activities, developing new risk management frameworks and credit policies that enable the venture to operate with agility and autonomy while adhering to the bank's established risk protocols and regulatory requirements.
Key Responsibilities- Lead the creation, approval, and continuous improvement of new risk assessment and management processes.
- Work closely with the Chief Risk Officer to ensure these processes align with or complement existing risk frameworks of HomeEquity Bank.
- Own credit guidelines and credit policy for the new venture to create a more customer-centric and competitive product for the market.
- Oversee the development and implementation of compliance programs that ensure adherence to all relevant regulations and industry standards.
- Act as a liaison between the new venture and regulatory bodies, ensuring transparency and adherence to all relevant laws and regulations.
- 10+ years of experience in risk and compliance management within financial services, with at least 5 years in a leadership role.
- Bachelor's degree in Finance, Business Administration, Risk Management, or a related field.
- Demonstrated experience working in a Schedule 1 bank in Canada, with a strong knowledge of regulatory requirements and frameworks.
- Previous experience working with both startups and traditional banks, with a track record of launching or scaling new ventures within established financial institutions.
- The chance to be at the forefront of a ground-breaking initiative backed by the market leader in reverse mortgages.
- Extended health and dental benefits.
- Employer Matched Group Retirement Savings Plan.
- Well-being initiatives including a wellness account, virtual self-care programs, and extended mental health benefits.
- Employee corporate discount for GoodLife Fitness.