Manager, Strategy

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

The Manager, Strategy & Corporate Finance will be responsible for supporting the Vice President, Strategy, Corporate Development & ESG on a variety of projects such as enterprise-wide strategy initiatives, enterprise performance and growth, and strategy execution.  The Strategy, Corporate Development & ESG team sits within the Finance organization, closely supporting CFO and CEO level priorities. Projects usually involve cross-functional teams and contribute to the overall strategy and direction of the Bank and support senior executive and Board-level decision making.  The incumbent will use his or her strategic, financial, and analytical abilities to provide both qualitative and quantitative input supporting the development of recommendations for Senior Management. In addition, this individual will be responsible for communicating findings and managing follow-up related efforts. If you are passionate about driving change in Canadian Banking, this is the right opportunity for you!

The Core Responsibilities!

• Strategy development and execution (70%)
• Play an integral role in the annual enterprise-wide strategic planning process, from initial storyline creation with Senior Management and required supporting analysis, through to development and ownership of presentation materials
• Closely support the Vice President in leading both the Annual Board strategy session with the Board of Directors and the Senior Management Offsite meeting
• Support the development of business updates (e.g., personal and commercial banking, tech) for quarterly Board meetings
• Lead and drive projects forward, particularly relating to strategic priorities (including ESG priorities), by managing internal stakeholders, including business unit leaders, developing output materials, conducting financial analysis, and presenting key deliverables to Senior Management
• Present key insights and recommendations based on research and data analysis
• Use quantitative methods (i.e., excel models) to develop insights that support decision making
• Contribute to the brainstorming, structuring and problem-solving process for a range of strategic and tactical business topics
• Effectively delegate to analysts to ensure efficiency of analysis and manage timely output
• Work closely with Corporate Finance, Accounting, and Reporting teams on content creation and finalization for quarterly and annual reporting obligations




• Due diligence and integration support for Corporate Development opportunities (20%)
• Support in identifying and assessing potential strategic investment and acquisition targets, as well as other corporate initiatives, for strategic fit and value generation
• Support in developing strategic rationale, performing financial analysis, building valuation models, and identifying opportunities and risks in initial stages of potential acquisitions
• Co-ordinate and collaborate with internal teams to manage due-diligence activities across workstreams in tight timelines
• Draft presentation documents as required to support communication of critical elements of transactions to Senior Management and Board of Directors
• Develop solid understanding of accounting and administrative requirements for transactions, to lead internal implementation efforts




• Market dynamics and intelligence (10%)
• Conduct research to support business unit and enterprise strategy (e.g., competitive position, product assessments, market sizing, etc.)
• Perform interviews with internal and external parties to gather information and develop insights
• Scan various sources (e.g., news releases, journals, industry publications, etc.) to identify, track and monitor market, competitive and regulatory trends
• Stay current on recent events and share findings to related parties as necessary

Let's Talk About You!

• Minimum 2 to 4 years of experience in Management Consulting, Strategy, Investment Banking, and/or Corporate Development.
• Understanding of financial services and banking industry financials and dynamics
• Undergraduate degree in business administration, finance, economics, or related field; MBA preferred
• CFA considered an asset
• Demonstrated ability to excel in dynamic and competitive environments, delivering results amidst high volume and intensity
• Exceptional analytical prowess, with expertise in financial modelling, analysis, and problem-solving, complemented by strong oral and written communication skills
• Meticulous attention to detail and adept time management abilities
• Experience synthesizing analyses and preparing PowerPoint presentations for C-Suite level executives or Board of Directors
• Experience, confidence, and maturity managing internal and external stakeholders
• Strong attention to detail and time management skills

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

The incumbent will be working hybrid and in office time will be spent working from Equitable Bank’s additional office space located at 351 King Street East, Toronto, ON.

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!