🕒 3 days ago
Build and operate regulatory controls for US-licensed financial products, translating regulatory and partner obligations into tested workflows, clear documentation, reporting, and exam-ready evidence.
Senior Manager, Governance and Control
🕒 16 days ago
First-line Control TestingOperational Risk ManagementGovernanceRegulatory Compliance
📜 Description
- Develop and maintain a first-line control inventory aligned with OSFI Guideline E-13, and lead periodic refreshes of key controls.
- Design, implement, and execute testing of key controls; analyze results, identify gaps, and recommend remediation.
- Review and streamline business processes and controls, coaching teams to improve effectiveness while supporting agility.
- Maintain central documentation of controls, policies, procedures, testing evidence, actions, and deliverables in SharePoint.
- Manage issues and remediation in the Resolver RCM tool, and draft policies and procedures for issues management and control testing.
- Prepare testing, risk, and control reports and metrics for senior leaders and support Board reporting; deliver training on testing expectations.
🛠️ Requirements
- Post-secondary education in a related field (Risk Policy, Risk Management, Business, Law, Finance)
- Minimum 5 years of progressive risk management, audit experience, or first line risk management experience (OSFI 1B LOD), preferably in the financial industry.
- Knowledge of the financial services sector (understanding the different products/services/channels)
- Knowledge of risk management, compliance matters, regulatory/legal issues, and business planning strategies.
- Knowledge of regulatory legislation including but not limited to the Bank Act, Proceeds of Crime, Privacy, federal consumer protection laws, regulations and best practices.
- Previous experience in Compliance testing or Audit
- Excellent listening, written and verbal communication skills to influence a wide range of internal audiences and interact with all levels of management.
- Strong judgment, a practical approach and commitment to achieving excellence in regulatory compliance management.
- Ability to develop and maintain strong relationships with internal and external contacts.
- Effective problem-solving capabilities.
✨ Benefits
- Competitive discretionary bonus
- Market-leading RRSP match program
- Medical benefits
- Dental benefits
- Vision benefits
- Life insurance
- Disability benefits
- Employee Share Purchase Plan
Full job description
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 Work
This position is pivotal in the governance, control, and operational risk management activities for Personal Banking. The Senior Manager will lead the design, implementation, execution, and reporting of 1st line testing and risk management programs, ensuring regulatory compliance and operational excellence. This role supports both day-to-day business priorities and strategic initiatives, collaborating with cross-functional teams to build and maintain a robust risk and control environment.
Core Responsibilities
1st Line Control Testing and Governance
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Develop, maintain, and continuously update a comprehensive inventory of controls – covering both key and non-key controls – within the 1st line, in alignment with OSFI Guideline E-13 requirements.
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Design, implement, and execute 1st line testing activities for key controls, ensuring alignment with regulatory requirements and internal standards.
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Analyze test results, identify control gaps and remediation strategies, and communicate findings with actionable recommendations.
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Review and streamline processes and controls across the business.
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Challenge and provide coaching on how to improve existing processes to enable controls to be effective while enabling agility.
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Create and maintain a central inventory of key controls, procedures, policies, testing activities, evidence, action items, deliverables and various other documentation in SharePoint, enabling efficient communication with senior leaders.
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Lead the periodic refresh of key controls.
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Act as subject matter expert on issues management within the Bank’s RCM Tool (Resolver),
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Track and manage remediation of identified issues, ensuring timely resolution and continuous improvement.
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Remain current on regulatory developments, industry best practices, and emerging risks in personal banking.
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Review and draft department policies and procedures relating to issues management and testing of controls.
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Design and deliver training and guidance 1st line on testing processes and expectations.
Reporting
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Prepare and deliver concise reports to senior leaders summarizing testing outcomes, control effectiveness, regulatory themes, and risk trends
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Support reporting for Board and senior leadership, highlighting key risks and control gaps in Personal Banking
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Collect, analyze and report on relevant metrics
Let's Talk About You!
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Post-secondary education in a related field (Risk Policy, Risk Management, Business, Law, Finance)
-
Minimum 5 years of progressive risk management, audit experience, or first line risk management experience (OSFI 1B LOD), preferably in the financial industry.
-
Knowledge of the financial services sector (understanding the different products/services/channels)
-
Knowledge of risk management, compliance matters, regulatory/legal issues, and business planning strategies.
-
Knowledge of regulatory legislation including but not limited to the Bank Act, Proceeds of Crime, Privacy, federal consumer protection laws, regulations and best practices.
-
Previous experience in Compliance testing or Audit
-
Excellent listening, written and verbal communication skills to influence a wide range of internal audiences and interact with all levels of management.
-
Strong judgment, a practical approach and commitment to achieving excellence in regulatory compliance management.
-
Ability to develop and maintain strong relationships with internal and external contacts.
-
Effective problem-solving capabilities.
-
Excellent organizational skills and the ability to work independently, perform under pressure within tight time constraints.
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Working knowledge of Microsoft Office (Word, Excel and PowerPoint).
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