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EQ Bank
Associate Manager, Risk and OperationsEQ Bank • Toronto, Ontario, Canada
Associate Manager, Risk and Operations

Associate Manager, Risk and Operations

EQ Bank • Toronto, Ontario, Canada
30+ days ago
Job type
  • Full-time
Job description
Purpose of the Job:The Associate Manager Risk and Operations supports the execution of risk management operational processes and product-related activities within the Reverse Mortgage team reporting directly to the Senior Manager Risk and Operations. The role focuses on implementing established procedures supporting day-to-day operations and contributing to risk monitoring and continuous improvement initiatives.The Associate Manager works closely with cross-functional partners (Credit Risk Operational Risk Legal and Compliance and Strategy) to ensure adherence to policies regulatory requirements and internal standards while supporting efficient and consistent delivery of business operations.

Main Responsibilities:

Team and Operational Support:
Support day-to-day team operations including daily tasks monthly and quarterly reporting
Support in the development of risk strategy for the reverse mortgage business including
forecasting key insights recommendations and planning
Drive projects and initiatives with internal stakeholders often independently and operate
within our risk appetite regulatory guardrails and internal policies
Support all testing including UAT and BVT support for changes


Risk Controls and Regulatory support:
Support the implementation and execution of risk and control frameworks within the business
unit
Identify operational risks control gaps or weaknesses and process inefficiencies
Participate in root cause analysis and support development of mitigation actions
Maintain documentation of processes controls and standard operating procedures.
Support AML fraud privacy and regulatory assessments as required
Assist in regulatory change management activities including testing and documentation

Credit and Portfolio Monitoring:
Assist in monitoring portfolio trends including exceptions trends Key Risk Indicators and
default
Prepare periodic reports and dashboards to support decision-making
Escalate emerging risks or unusual trends to management
Support regulatory activities such as reporting re-appraisal process and portfolio monitorin

Knowledge/Skill Requirements:

A University degree in Business/Finance preferred
A minimum of five years experience in a Canadian financial institution.
A minimum of three to five years in a related role pertaining to residential mortgage or reverse
mortgage origination (underwriting and operational).
Sound understanding of banking products in Canada
Understanding of the related regulatory requirements (OSFII B20 AML/ATF)
PC skills including Microsoft Outlook Word Excel Power Point related applications and other
software applications used within the organization.
Excellent organizational skills and ability to complete responsibilities in a busy and time-sensitive
environment.
Strong analytical skills.
Strong verbal and written communication skills.We may use artificial intelligence (AI) tools to support parts of the hiring process such as reviewing applications analyzing resumes or assessing responses and identifying potential inconsistencies or verification signals in application materials based on available information. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed please contact us.

Required Experience:

Manager


Employment Type : Full-Time
Experience: years
Vacancy: 1
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Associate Manager, Risk and Operations • Toronto, Ontario, Canada

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