Senior Manager, Enterprise Compliance

Join a ChallengerBeing 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™, 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 WorkThis position is responsible for supporting Enterprise Compliance subject matter experts (SMEs) on establishing compliance with minimum qualifying criteria established by the Office of the Superintendent Financial Institutions, Canada (“OSFI”) to adopt the Advanced Internal Ratings Based (AIRB) approach to calculating regulatory capital.The incumbent will be responsible for supporting the Director, Enterprise Compliance in providing oversight for the Bank’s AIRB Implementation Program (the “Program”) in accordance with OSFI Capital Adequacy Requirements (CAR) guidelines and senior management expectations This includes providing regulatory capital guidance, instituting governance and controls, and supporting the Bank’s full AIRB application and ongoing Basel operations post-approval.While posted as a Senior Manager, candidates with deeper leadership experience and strategic capability may be considered for expanded scope aligned with Associate Director expectations.Basel Compliance SME (65%)Interpret OSFI CAR requirements and translate into actionable business and data requirementsProvide subject matter expertise and guidance on AIRB standards and complianceSupport first line teams in completing self-assessments; conduct second line reviewsIdentify and validate regulatory compliance gaps; develop and track gap closure plansCoordinate documentation and approvals for AIRB application packageMaintain and evolve the Basel Compliance Framework to meet ongoing regulatory expectationsCommunicate effectively with Basel Program team members to ensure consistent executionSupport internal and external audit activities related to AIRB readinessContribute to the evolution of Basel compliance practices in alignment with industry standardsEnterprise Compliance Governance and Compliance Management (35%)Create and maintain governance processes, templates, and controls for compliance riskPerform analytics and develop presentations for Leadership Steering CommitteesAnalyze compliance gaps and recommend appropriate controls and mitigationsDocument and enforce controls within the corporate compliance toolSupport regulatory change management and assess impact of OSFI updatesBuild strong relationships across Risk, Finance, Technology, and Business Units to ensure program successMentor junior team members and contribute to staffing and training recommendationsLet's Talk About You!5–8 years of experience in Risk Management, Compliance, or Regulatory AffairsBachelor’s degree in Finance, Business, or related field; Master’s preferredStrong understanding of OSFI Basel AIRB requirements and self-assessment processesExperience in credit risk, adjudication, or regulatory capital modelingExcellent communication and presentation skills, with ability to engage senior stakeholdersProven ability to manage complex programs and regulatory deliverables under tight timelinesLeadership experience and ability to mentor team membersAbility to pro-actively identify and solve problems and escalate issues through the proper governance protocols and channels with OSFI Basel AIRB compliance processesExcellent oral and written communication skills as well as excellent presentation skillsWhat 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 experienceThe 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!