
Associate Manager, Risk and Operations
- Risk Management
- AML
- Change Management
- Microsoft Outlook
- Excel
Main Responsibilities:
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, includingÂ
forecasting, key insights, recommendations and planning
• Drive projects and initiatives with internal stakeholders, often independently, and operateÂ
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 businessÂ
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, andÂ
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
Knowledge/Skill Requirements:Â
- • A University degree in Business/Finance preferred
• 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 reverseÂ
mortgage origination (underwriting and operational).Â
• 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 otherÂ
software applications used within the organization.
• Excellent organizational skills and ability to complete responsibilities in a busy and time-sensitiveÂ
environment.Â
• Strong analytical skills.
• Strong verbal and written communication skills.
Associate Manager, Risk and Operations · EQ Bank | Equitable Bank