Job Description

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 670,000 people across Canada through Equitable Bank, Canada's Challenger Bank(TM), 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 Senior Manager Fraud Risk Management supports the development and ongoing execution of a strong fraud risk management program across Equitable Bank and provides independent oversight and effective challenge as the second line of defense to ensure the Bank operates within its established risk appetite.


###

The Core Responsibilities!

As a member of the Operational Risk Management team, the Senior Manager Fraud Risk Management role supports the advancement of fraud risk management practices across the Bank. A subject matter expert (SME) for fraud risk, this individual will collaborate with business units and senior stakeholders to mitigate fraud risk and align with the Bank's risk appetite and regulatory expectations.

Fraud Risk Management and Oversight

Lead the Bank's second line of defence fraud risk monitoring and testing activities to ensure controls are effective and aligned with the Bank's risk management framework. Develop and maintain policies, procedures, and methodologies for robust fraud risk management. Provide oversight to the business through fraud risk assessments, and ensuring remediation / action plans are appropriately addressed, monitored, reported and escalated, as necessary. Collaborate with business units to strengthen controls and proactively address identified fraud risks. Evaluate and challenge Key Risk Indicator (KRI) reporting to validate accuracy and identify trends. Conduct investigations and prepare reports for operational risk events. Prepare and deliver comprehensive reports on fraud monitoring and testing results to senior management and stakeholders. Communicate findings, recommendations, and action plans to ensure resolution of identified issues. Maintain detailed documentation and work papers to support testing activities and findings.

Business Advisory

Serve as a trusted advisor to the business on fraud risk controls and emerging threats. Assist with operational risk training programs and program awareness delivery.

Risk Reporting

Support regularly scheduled and ad-hoc risk reporting and analytics to inform senior management reporting.
###

Let's About Talk You!

Undergraduate degree in finance, economics, business administration or commerce. 5-7 years of experience in a fraud risk and/or operational risk oversight role in a financial institution. Ability to lead and motivate as this role includes one direct report. Certified Fraud Examiner (CFE) designation and/or Risk Management certification such as, Canadian Risk Management designation (CRM) would be considered an asset. Basic knowledge of risk management, compliance matters, and corporate governance. 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. Experienced in audit or sampling techniques and regulatory/legal requirements of financial institutions. Developing knowledge and awareness of the financial industry, risk management practices and regulatory and/or policy changes.

What we offer [For full-time permanent roles]

uD83DuDCB0 Competitive discretionary bonus
? Market leading RRSP match program
uD83EuDE7A Medical, dental, vision, life, and disability benefits
uD83DuDCDD Employee Share Purchase Plan
uD83DuDC76uD83CuDFFD Maternity/Parental top-up while you care for your little one
uD83CuDFDD Generous vacation policy and personal days
uD83DuDDA5 Virtual events to connect with your fellow colleagues
uD83CuDF93 Annual professional development allowance and a comprehensive Career Development program
uD83DuDC9B 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!