Director, Technology Risk

Join a Challenger

Being a traditional bank just isn't our thing. We are big believers in innovating the banking experience because we believe Canadians deserve better options, and we challenge ourselves and our teams to creatively transform what's possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing things. If you're not afraid of taking on big challenges and redefining the future, you belong with us. You'll get to work with people who will encourage you to reach new heights. We like to keep things fun, ask questions and learn together.

We are a big (and growing!) family. Overall we serve more than 370,000 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 5 million members. Together we have over $100 billion in combined assets under management and administration, with a clear mandate to drive change in Canadian banking to enrich people's lives. Our EQ Bank platform (eqbank.ca) has been named the top Schedule I Bank in Canada on the Forbes World's Best Banks 2023, 2022, and 2021 lists.

The Work

The Director, Technology Risk plays a key role in providing independent advice, oversight, and challenge of the first line of defense with respect to business unit operational risk matters with a focus on technology, cyber and data related risks.

This role works with key stakeholders to implement risk frameworks and methodologies and ensure effective identification, measurement, management, monitoring and reporting of current and emerging risks. It will interface with senior executives across all lines of defense within the enterprise and requires exceptional interpersonal and communication skills.

The role reports to the VP, Operational Resiliency and Operational Risk and has direct reports.

Core Parts Of The Role Would Be:

• Coordinates with the first line of defense and other oversight functions to develop, implement, and continuously improve on risk management frameworks, policies, standards and processes.
• Assesses the adequacy and effectiveness of their business unit day to day risk management controls, and for opining on whether, based on independent monitoring, the controls are sufficiently robust to effectively mitigate applicable risk.
• Assesses and monitors risks on new products/services and significant initiatives undertaken by the business unit using standard operational risk tools and processes and reports on the adequacy of risk mitigation strategies to risk forums and committees.
• Promotes awareness of the Bank's risk management policies, regional standards, and applicable requirements within the business unit.
• Reviews operational practices, controls, deficiencies, metrics, and other relevant information to form an independent view of operational and technology risks to generate meaningful and insightful reporting to be presented to senior leaders across all lines of defense.
• Performs detailed analysis of key risk issues, with a focus on technology risk.
• Maintains an industry view of the technology and data landscape, understands best practices and performance benchmarks, and monitors emerging technology trends.
• Directly contributes to the evolution of Bank's second line of defense technology risk management strategy and operating model.
• Provides extensive subject matter expertise in key technology risk management areas such as information security, operations, IT Resiliency and technology delivery.

Let's Talk About You!

• 10+ years of experience in Technology areas such as information security, cloud computing, infrastructure, architecture, and/or engineering
• 7+ years of experience in the financial services industry (or other regulated industry)
• 7+ years of progressive experience within the area of risk, compliance, or governance specific to Information Services.
• Bachelor's degree in Computer Science, Information Systems, Engineering, Business Technology or equivalent experience
• Strong Understanding of technology risk regulatory, and industry best practice (COBIT, NIST, ISO standards, etc.)
• Proven ability to identify, analyze and translate risk in the context of what it means to achieving business objectives
• Strong risk management and business acumen, with demonstrated aptitude for strategic, analytical, and critical thinking
• Deep knowledge and understanding of risk and compliance methodologies and programs
• Strong quantitative and analytical skills, including financial and business analysis
• Ability to manage and prioritize multiple deliverables
• Demonstrated ability to manage high-performing, agile and resilient teams and serve as an effective change agent and champion
• Experience with ServiceNow GRC or other GRC platforms is an asset

What 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, personal days and even a moving day

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 experience

The incumbent will be working hybrid and in office time will be spent working from Equitable Bank's additional office space located at 351 King Street East, 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!