Senior Analyst, Treasury Risk and Capital Oversight

Join a Challenger

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. If you’re not afraid of taking on big challenges and redefining the future, you belong with us. You’ll get to work with people who will encourage you to reach new heights. We like to keep things fun, ask questions and learn together.

We are a big (and growing!) family. 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. 

The Work

Treasury Risk and Capital Oversight is a risk division at Equitable Bank that oversee the bank’s liquidity and funding risk, market risk, capital and securitization at the consolidated bank level. The team’s other major mandate is to provide oversight to the bank’s capital management process, ICAAP and other enterprise programs, including enterprise recovery plan and regulatory Macro Stress Testing program. 

Core Responsibilities!

• Risk Oversight Function 
• Providing qualitative and quantitative support in assessing the Risk Appetite qualitative statement and quantitative metrics.
• Performing independent review and self-assessments against regulatory guidance and industry practice, preparing reports and presentations.
• Reviewing policies, standards, and limits/thresholds to monitor the Bank’s market risk, liquidity, and funding risk exposures.
• Managing TRCO's governance mandates, ensuring all 2LOD and 1LOD issues/findings are documented, addressed promptly, and accurately recorded in the tracking system.
• Enterprise Programs
• Preparing the ICAAP submission package to OSFI, including the Bank’s annual ICAAP.
• Providing input to the design of stress scenarios for the enterprise-wide stress test (EWST) in support of the ICAAP .
• Assisting the program lead to ensure that the Bank satisfies OSFI requirements for the MST, including the completion of MST schedules and ensuring adherence to OSFI’s instructions for the MST.
• Implementing planned enhancements to the ICAAP, including incorporation of new methodologies/models and coverage of new risk types (e.g. climate risk) in the ICAAP target setting process.

Let's Talk About You!

• Post-secondary degree in Finance, Economics, Mathematics, Statistics.
• A professional designation in Finance or Risk management is preferred.
• A minimum of 3 years of experience working in a Financial Institution with knowledge of Asset/Liability Management is required. 
• Strong verbal and written communication skills, along with a collaborative mindset and superb interpersonal skills.
• Exceptional time management and organizational skills. 
• Familiarity with balance sheet management concepts, including Funds Transfer Pricing, Hedge Accounting, ALM and Liquidity. 
• Strong technical skills with hands-on experience in programing languages such as Python and SQL, along with proficiency in database management and data visualization tools such as Power BI to effectively analyze and present data insights. 

What we offer [For full-time permanent roles]

💰 Competitive discretionary bonus 

✨ Market leading RRSP match program

🩺 Medical, dental, vision, life, and disability benefits

📝 Employee Share Purchase Plan

👶🏽 Maternity/Parental top-up while you care for your little one

🏝 Generous vacation policy and personal days

🖥 Virtual events to connect with your fellow colleagues

🎓 Annual professional development allowance and a comprehensive Career Development program

💛 A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience

Equitable Bank is deeply committed to inclusion. Our organization is stronger and our employees thrive when we honour and celebrate everyone’s diverse experiences and perspectives. In tandem with that commitment, we support and encourage our staff to grow not just in their career path, but personally as well. 

We commit to providing a barrier-free recruitment process and work environment for all applicants. Please let us know of any accommodations needed so that you can bring your best self to the application process and beyond. All candidates considered for hire must successfully pass a criminal background check and credit check to qualify for hire. While we appreciate your interest in applying, an Equitable recruiter will only contact leading candidates whose skills and qualifications closely match the requirements of the position.

We can’t wait to get to know you!