Risk Management Strategist: Innovating Banking Experience

1 week ago


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

**Company Overview:**

We are a forward-thinking financial institution, EQ Bank | Equitable Bank, dedicated to transforming the banking experience for Canadians. Our commitment to innovation and excellence has earned us a reputation as one of Canada's leading Challenger BanksTM. With over 50 years of experience and a strong presence in the market, we offer a unique opportunity to join a dynamic team that is shaping the future of banking.

**Job Description:**

We are seeking an experienced Risk Management Strategist to lead our enterprise-wide risk management program. As Director, Head of Portfolio Strategy and Analytics, you will be responsible for overseeing the implementation, development, and enhancement of stress testing models and reporting. Your expertise will drive business decisions and risk management strategies across various risk types, ensuring a comprehensive and integrated approach to risk assessment.

**Key Responsibilities:**

  • Lead the end-to-end execution of the Stress Testing program and advance its use for decision-making and risk management purposes.
  • Support the quantification of ICAAP Pillar 2 components, including Concentration Risk and Risk Diversification.
  • Promote the use of stress testing to support business decisions and risk management within the organization.

**Requirements:**

  • 10+ years of professional experience in model development, validation, or risk management roles in the banking, consulting, or financial industry.
  • Advanced knowledge and experience in econometrics, risk modeling, statistics, stress testing, and time series analysis.
  • PhD or master's degree in a quantitative field such as engineering, mathematics, economics, or statistics.

**What We Offer:**

  • A competitive salary range: $120,000 - $180,000 per annum, depending on experience.
  • Generous benefits package, including medical, dental, vision, life, and disability insurance.
  • Comprehensive vacation policy and personal days.
  • Virtual events and opportunities to connect with colleagues.

**Work Environment:**

You will be working hybrid, with some in-office time spent at our additional office space located at 351 King Street East, Toronto, ON. We value diversity and inclusion in our workplace.



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