Senior Manager, Risk Transformation

About EQ Bank

EQ Bank is a pioneering financial institution dedicated to reshaping banking for Canadians nationwide. Serving nearly 4 million customers and managing close to $150 billion in assets, the bank offers diverse financial products including banking, lending, trust, and credit union solutions. Founded in 1970, EQ Bank thrives on innovation, aiming to deliver smarter, faster, and more connected financial experiences.

Role Overview

As a Senior Manager in Risk Transformation, you will play a critical role in executing enterprise-wide risk priorities, supporting governance, regulatory interactions, strategic initiatives, and transformation projects. Your work will align closely with senior leadership to implement key regulatory and risk-related changes, manage large-scale transformation programs, and lead special projects as directed.

Key Responsibilities

• Lead execution of specific workstreams within enterprise risk initiatives, focusing on analyzing problems, designing solutions, and overseeing their implementation.
• Develop executive-ready outputs such as analyses, presentations, and briefing materials synthesizing data across risk, finance, technology, and business functions.
• Serve as a hands-on resource for managing complex and ambiguous problem sets, coordinating dependencies, and resolving issues through collaboration and influence.
• Advance leadership priorities autonomously, coordinating efforts supporting executive and regulatory engagements.
• Translate defined risk transformation priorities into actionable plans and delivery activities, collaborating with senior directors.
• Support change management initiatives across Risk and Compliance by engaging stakeholders, planning adoption strategies, coordinating communications, and tracking execution.
• Act as a liaison among business units and delivery teams to drive transformational objectives across the risk organization.
• Coordinate regulatory engagement activities including meetings with OSFI, preparing regulatory correspondence, and cross-functional readiness.
• Integrate regulatory, audit, and governance functions to ensure coherent messaging, documentation, and positioning.
• Maintain and improve tracking tools such as governance dashboards and reporting frameworks to promote transparency and audit readiness.
• Manage time-sensitive leadership-directed projects by structuring tasks, coordinating inputs, and driving completion.
• Provide analysis and support for senior risk leaders to inform decision-making on priority topics.
• Produce analytical insights and materials to illuminate portfolio-level risk initiatives, including monitoring priorities, dependencies, delivery status, and impacts.
• Enhance portfolio reporting and dashboards to optimize senior leadership oversight and strategic choices.

Required Qualifications

• At least six years of progressive experience encompassing consulting, risk management, enterprise enablement, regulatory compliance, or transformational roles within financial services, preferably banking.
• In-depth knowledge of Canadian regulatory frameworks such as OSFI guidelines (E-23, E-21, CAR Chapters 4 & 5, B-13, B-10) and direct experience with regulatory engagement or audits.
• Proven ability to interact effectively with senior executives and regulatory bodies.
• Exceptional skills in synthesizing complex data and producing clear executive briefings suitable for governance and high-level decision-making.
• Comprehensive understanding of risk management principles, governance models, and enterprise change environments.
• Strong communication skills for preparing written and verbal executive documentation and governance content.
• Highly organized with excellent stakeholder management skills, capable of navigating ambiguity, managing multiple priorities, and achieving alignment through influence.
• Advanced analytical and critical thinking abilities to identify key themes, risks, and gaps throughout concurrent projects.

Benefits and Perks

• Competitive discretionary bonus program.
• Leading market RRSP matching contributions.
• Comprehensive health benefits including medical, dental, vision, life insurance, and disability coverage.
• Employee Share Purchase Plan participation.
• Maternity and parental leave top-up payments.
• Generous vacation allocation and personal days.
• Virtual events to connect and engage with colleagues.
• Robust professional development and career advancement programs.
• The opportunity to work at a forefront fintech leading banking innovation.

Work Environment

This role will operate in a hybrid model based onsite primarily at EQ Bank’s office located at 2200-25 Ontario Street, Toronto, ON.

Diversity and Inclusion

EQ Bank fosters an inclusive and accessible workplace where all employees feel valued and supported. The organization is committed to equitable recruitment and workplace accommodations to allow all individuals to perform at their best.

Additional Information

Applicants will undergo criminal background and credit checks as part of the hiring process. EQ Bank employs AI tools to assist recruitment steps, with human review ensuring final decisions. This is a permanent, full-time opportunity.