Join a Challenger
At EQ, we're remaking banking so every Canadian gets ahead, every day. Serving nearly 4 million Canadians from coast to coast, we offer a wide variety of financial services from banking and lending, to trust and credit union solutions.
We've been at this since 1970, challenging the conventions of traditional banking with smarter, faster, and more connected financial experiences.
What's kept us moving? The people behind it all: challengers who ask better questions, push back on old assumptions, and look for a better way forward.
If you're driven to help reshape how banking works for Canadians and the businesses that power our economy, this could be your next big opportunity.
We can’t wait to get to know you!
The Manager, Third Party Risk supports the development and ongoing execution of a strong operational risk management program across Equitable Bank and provides independent oversight and effective challenge (as the second line of defence) to ensure the Bank operates within its established operational risk appetite.
The Core Responsibilities
- Ensures the Third-Party Risk Management process is executed in accordance with the TPRM Policy and promotes organizational awareness of TPRM requirements and principles.
- As the 2nd Line of Defence, participates in oversight reviews and assessments related to third party triages, due diligence, quality reviews, annual attestations and other control activities where required.
- Supports operational procedures and tools that assist the implementation of Third Party Risk Methodologies ensuring effective processes to identify, measure, manage, monitor and report on Third Party risks.
- Contributes to the enhancement of Operational Risk programs including, all aspects of the Third Party risk roadmap, Operational Resilience roadmap, and supporting methodologies, mechanisms, standards, reporting and operating procedures.
- Supports the use of risk identification tools such as the new initiative risk assessment (NIRA), the Risk and Control Self-Assessment (RCSA), third party risk assessments and issues management.
- Prepares and supports TPRM reporting, including analysis of key risk indicators, trends, issues and other third-party risk information for management and governance forums.
- Provides oversight to the business through assessments, ensuring remediation / action plans are appropriately addressed, monitored, reported and escalated, as necessary.
- Assists with reviews/investigations and reports for operational risk events and/or incidents.
- Manage the delivery of training to relevant employees within the business and /or critical business service to ensure they are familiar with their roles and responsibilities
The Manager, Third Party Risk role supports the advancement of risk management practices related to third party risk and the interconnections to change management, operational resiliency, business continuity, crisis management and technology and cyber in support of regulatory requirements OSFI B10, OSFI B13, and OSFI E21 guidelines.
Let's Talk About You
- 3-5 years of experience in Third Party risk management, operational resilience, business continuity/disaster recovery
- 5-7 years of experience in an operational risk oversight role in a financial institution.
- Undergraduate degree in finance, economics, business administration or technology is an asset
- Knowledge of risk management, compliance matters, corporate governance and control frameworks.
- Strong analytical and quantitative skills and problem-solving abilities. Strong attention to detail.
- Strong written and verbal communication skills coupled with meeting facilitation abilities and good presentation skills.
- Good organizational, project and time management skills to efficiently deliver concurrent projects with competing priorities.
- Knowledge of OSFI Guidelines B-10, B-13 and E-21, with the ability to interpret and apply regulatory expectations.
- Proficiency with Microsoft Copilot and the ability to leverage AI tools and develop AI agents to improve processes and productivity.
Equity, Diversity & Inclusion
EQ is committed to building an inclusive, accessible environment where every employee feels valued, respected, and supported. We believe our organization is stronger — and our people thrive — when we honour and celebrate diverse experiences, identities, and perspectives. We’re equally committed to supporting your growth, both professionally and personally.
We provide a barrier‑free recruitment process and work environment. If you require accommodations at any stage, we will work with you to ensure you can bring your best self to the process and beyond.
As part of our recruitment process, EQ uses AI to help screen, assess, and/or select applicants for this position. All AI-enabled outputs are reviewed and validated by our talent team. All candidates considered for hire must successfully complete a criminal background check and credit check. While we appreciate every application, an EQ recruiter will contact only those whose skills and experience most closely match the requirements of the role.
EQB Inc. (TSX: EQB) is the parent company of Equitable Bank, the country's seventh-largest Schedule I bank by assets, which operates EQ Bank, Canada's Challenger Bank™. EQB Inc. serves nearly 4 million Canadians and manages approximately $150 billion in combined assets under management and administration.
To learn more, visit eqb.investorroom.com and eqbank.ca.
Skills Required
- 3-5 years of experience in third-party risk management, operational resilience, or business continuity/disaster recovery
- 5-7 years of experience in operational risk and/or information technology risk oversight within a financial institution
- Knowledge of risk management, compliance, corporate governance, and control frameworks
- Strong analytical, quantitative, and problem-solving skills
- Strong written and verbal communication, facilitation, and presentation skills
- Organizational, project management, and time management skills
- Knowledge of the financial industry, risk management practices, and regulatory or policy changes
- Undergraduate degree in finance, economics, business administration, or technology
- PMP certification
What We Do
MakeBank on everyday banking: Earn high interest on every dollar Say no to fees No minimum balances Powered by Equitable Bank, a Schedule I Canadian Bank EQB Inc. (formerly Equitable Group Inc.) trades on the Toronto Stock Exchange (TSX: EQB and EQB.PR.C), directly serves over 607,000 Canadians through its wholly owned subsidiary Equitable Bank, Canada's Challenger Bank™, and serves over 200 Canadian credit unions that serve over 6 million of their members with products and services. Equitable Bank has grown to become Canada's 7th largest independent Schedule I bank with over a $119 billion in assets under management and assets under administration, and a clear mandate to drive real change in Canadian banking to enrich people's lives. At Equitable Bank, we are as invested in our employees as we are in our business. That’s why we are consistently recognized as one of Canada's Top Employers – a rating that comes from our 1,800 employees. Equitable Bank’s inclusive, welcoming, and pride-inducing workplace earned it the honour of being recognized as one of the top 50 organizations on the 2023 list of Canada’s Best Workplaces™. Founded over 50 years ago, Equitable Bank provides diversified personal and commercial banking, and through its EQ Bank platform (eqbank.ca), which has been named #1 Bank in Canada for three consecutive years on the Forbes World's Best Banks list for 2021, 2022, and 2023. Equitable Bank website: www.equitablebank.ca EQ Bank website: www.eqbank.ca Specialties Lending, Mortgages, Residential Lending, Commercial Lending, Reverse mortgages, Insurance lending, Equipment leasing , Credit Union, Trust, and Funds Management
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