Associate Manager, Risk and Operations
Job Location:
Monthly Salary:
Posted:
Application Deadline:
Vacancies:
Job Summary
Team and Operational Support:
Support day-to-day team operations including daily tasks monthly and quarterly reporting
Support in the development of risk strategy for the reverse mortgage business including
forecasting key insights recommendations and planning
Drive projects and initiatives with internal stakeholders often independently and operate
within our risk appetite regulatory guardrails and internal policies
Support all testing including UAT and BVT support for changes
Risk Controls and Regulatory support:
Support the implementation and execution of risk and control frameworks within the business
unit
Identify operational risks control gaps or weaknesses and process inefficiencies
Participate in root cause analysis and support development of mitigation actions
Maintain documentation of processes controls and standard operating procedures.
Support AML fraud privacy and regulatory assessments as required
Assist in regulatory change management activities including testing and documentation
Credit and Portfolio Monitoring:
Assist in monitoring portfolio trends including exceptions trends Key Risk Indicators and
default
Prepare periodic reports and dashboards to support decision-making
Escalate emerging risks or unusual trends to management
Support regulatory activities such as reporting re-appraisal process and portfolio monitorin
A minimum of five years experience in a Canadian financial institution.
A minimum of three to five years in a related role pertaining to residential mortgage or reverse
mortgage origination (underwriting and operational).
Sound understanding of banking products in Canada
Understanding of the related regulatory requirements (OSFII B20 AML/ATF)
PC skills including Microsoft Outlook Word Excel Power Point related applications and other
software applications used within the organization.
Excellent organizational skills and ability to complete responsibilities in a busy and time-sensitive
environment.
Strong analytical skills.
Strong verbal and written communication skills.
Required Experience:
Manager
About Company
At Equitable Bank, we specialize in providing branchless financial services that meet the unique needs of all Canadians. Our range of mortgages, savings accounts and investment options are designed to offer the right solutions to match any unique circumstance.
