Senior Manager, Risk Transformation

Reposted 2 Days Ago
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Toronto, ON, CAN
Hybrid
Senior level
Fintech • Payments • Financial Services
The Role
The Senior Manager, Risk Transformation oversees risk priorities, supports regulatory engagement, and manages transformation initiatives in a banking context, ensuring alignment across executive leadership and governance structures.
Summary Generated by Built In
Join a Challenger

Being a traditional bank just isn’t our thing, so we challenge ourselves to get creative in providing innovative banking solutions for Canadians.

How do we get there? With a talented team of inquisitive and agile challengers that break through the status quo. So, if you’re passionate about redefining the future of banking—while having fun—this could be your next big opportunity.

Our company continues to grow, and today we serve more than 800,000 customers 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 $142 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 Senior Manager, Risk Transformation is a senior contributor responsible for supporting the execution of enterprise‑wide risk priorities across transformation, governance, regulatory engagement, and strategy. The role delivers outcomes aligned with Risk & Compliance senior leadership, including execution of priority regulatory and risk change initiatives, enterprise transformation work, and leadership‑directed special initiatives. The role also provides coordination and execution support across Risk and Compliance leadership.

Delivery

  • Execute against targeted delivery workstreams across enterprise risk initiatives, focusing on problem diagnosis, solution structuring, and execution.
  • Produce decision‑ready executive outputs by developing analysis, presentations, briefing materials, and delivery artefacts that synthesize inputs across Risk, Finance, Technology, and the Business.
  • Operate as an execution resource within delivery programs, structuring ambiguous problem sets, managing dependencies, and resolving delivery issues through coordination and influence.
  • Advance senior‑directed priorities with minimal supervision, coordinating inputs and progressing defined delivery activities in support of executive and regulatory engagement.

Transformation Enablement

  • Support enterprise risk transformation initiatives by translating defined priorities into structured execution plans and delivery activities, in partnership with the Senior Director.
  • Enable change management activities across Risk and Compliance by supporting stakeholder engagement, adoption planning, communications, and execution tracking.
  • Advance leadership‑directed transformation objectives within the Risk organization by interfacing with business and functional partners, connecting Risk, Business, and delivery teams.

Governance & Regulatory Coordination

  • Support coordination of regulatory engagement activities, including OSFI meetings, regulatory correspondence, and cross‑functional preparation.
  • Act as an integration point across regulatory, audit, and governance activities, ensuring consistency of messaging, documentation, and positioning.
  • Maintain and evolve governance materials, dashboards, and reporting frameworks to support transparency, accountability, and audit readiness.

Leadership Initiatives

  • Support time‑bound, leadership‑directed initiatives by structuring workplans, coordinating inputs, and progressing defined activities to completion.
  • Provide targeted execution support on priority topics, preparing analysis and materials to support senior Risk leadership decision‑making.

Portfolio Enablement

  • Support portfolio‑level risk initiatives by developing analysis and materials that provide visibility into priorities, dependencies, and delivery status across the Risk transformation portfolio.
  • Maintain and enhance portfolio reporting and dashboards to support senior leadership oversight, prioritization, and informed decision‑making.
  • Provide analytical support on risk and financial dimensions of initiatives, including tracking impacts, trade‑offs, and resource considerations to support effective execution.

Let's Talk About You!

  • 6+ years of progressive experience in consulting, risk management, enterprise enablement, regulatory compliance, or transformation roles within financial services, preferably in a regulated banking environment.
  • Strong understanding of Canadian regulatory frameworks and expectations (e.g., OSFI E‑23, E‑21, CAR Chapters 4 & 5, B‑13, B‑10), with experience supporting regulatory engagement, reviews, or audits.
  • Demonstrated ability to operate effectively across senior leadership levels, including engagement with executives and regulatory stakeholders.
  • Proven capability to synthesize complex information and translate it into clear, concise, executive‑level materials suitable for governance and decision‑making.
  • Sound understanding of risk management disciplines, governance structures, and enterprise change environments, including how these operate in practice.
  • Strong written and verbal communication skills, with experience authoring executive documentation, governance materials, and briefing content.
  • High degree of organizational and stakeholder acumen, with the ability to navigate ambiguity, manage competing priorities, and drive alignment through influence rather than formal authority.
  • Strong analytical and critical‑thinking skills, with the ability to identify themes, gaps, and risks across concurrent initiatives.

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
🎓  Professional development and 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 2200-25 Ontario Street, 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! 

Skills Required

  • 6+ years of experience in consulting, risk management, or transformation roles
  • Strong understanding of Canadian regulatory frameworks and expectations
  • Ability to operate effectively with senior leadership
  • Experience in developing executive documentation and governance materials
  • Strong analytical and critical-thinking skills
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The Company
Toronto, Ontario
1,529 Employees
Year Founded: 1970

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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