Join a ChallengerBeing a traditional bank just isnt 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 whats possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing things. If youre not afraid of taking on big challenges and redefining the future, you belong with us. Youll 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 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 WorkAre you ready for a thrilling challenge? As the Vice President of Operations for Digital Banking, you'll have the opportunity to oversee and evolve every facet of our digital banking operations. From enhancing customer care to leading cutting-edge defense against financial crime, your role is pivotal in shaping the future of EQ Bank.This isnt about maintaining the status quo. This is your opportunity toshape the very fabric of our digital operations, from crafting seamless customer journeys for even the most complex scenarios to pioneering innovative solutions that set industry benchmarks. You'll be at the helm of a critical function, directly impacting customer satisfaction and safeguarding the integrity of our digital ecosystem.As a key member of the EQ Bank Executive team, you'll collaborate to strategize and implement initiatives that boost customer engagement and streamline operations and how our products & services are used across our digital platforms. Leading a dynamic team of over 200 employees, you'll foster a culture of collaboration and continuous improvement.Leading our 1st line AML and Fraud prevention teams, you'll work together with the Risk organization to build controls that balance customer/employee experience with effectiveness. Your commitment to compliance and security will ensure we meet regulatory requirements while maintaining efficiency and reliability.Ideal candidates have depth of expertise in Banking operations and customer servicing, Fraud & AML risk management, strategic operational reporting, automation, and data-driven decision-making. We are looking for challengers who have a track record of setting exciting aspirations and achieving them through diligent execution and change management.This is your chance to lead impactful change for EQ Bank to ensure our ability to deliver exceptional customer service at scale as we continue to launch innovative Retail and Small Business Banking products and features.The Core Responsibilities!Accountable for the optimization of core operations processes to enhance overall business performance and efficiencyCollaborate with senior leadership to drive performance, accountability, and continuous improvement of strategic prioritiesBuild, mentor, and lead a high-performing team while fostering a collaborative cultureOversee Digital Banking monthly, quarterly and annual reviews/planning to ensure alignment on strategic goals and executionManage performance execution and drive operational excellence across the business, including implementing planning and reporting systems, goal management frameworks, and decision-making processesDefine and implement effective ways of working strategies and work models that maximize employee communication, collaboration, and productivitySpearhead large-scale strategic initiatives, project/program management, and ensure cross-functional impactEstablish and track KPIs and key business metrics to measure success and drive improvements across departmentsLeverage future of work practices and systems, applying technology to enable operating efficiencies and data-driven decision-makingDevelop and implement risk mitigation strategies to ensure operational resilience and business continuity, compliance, and broader 1st line governance of Risk ManagementLead efforts to streamline workflows and eliminate inefficiencies across all departmentsLet's About Talk You!Educational Background: Bachelors degree in business, finance, or a related field, with an advanced degree or professional certification(s) preferredExperience: Minimum of 15+ years of experience in banking operations, digital banking, or a related field, with a proven track record in leadership rolesTechnical Skills: In-depth knowledge of digital banking technologies and trends, as well as familiarity with regulatory requirements and industry standardsRegulation and Compliance: Strong understanding of financial regulations, compliance requirements, and risk management principlesData Analytics: Proficiency in data analytics tools and techniques to drive informed decision-makingPower Skills: Strong leadership and team management skills, with experience in building and mentoring high-performing teams at scaleExcellent communication and interpersonal abilities, with strategic thinking and problem-solving capabilitiesExperience in leading large-scale change management, company-wide programs, and process optimizationAttributes: Visionary and innovative mindset, with a commitment to continuous learning and developmentKey Challenges & Opportunities!Strategic Mindset: Ability to evaluate complex situations and prioritize actions that align with long-term goalsStrategic Alignment and Decision-Making: Align strategic priorities and business objectives, analyze data, and forecast changes to adapt strategiesRegulatory Compliance and Risk Management: Implement robust AML and fraud prevention frameworks, ensuring compliance with regulations and mitigating risksTechnological Integration and Innovation: Understand and integrate advanced technologies to enhance customer experience and operational efficiencyLeadership and Team Dynamics: Foster collaboration and inclusivity, develop mentorship programs, and inspire continuous improvementLong-Term Thinking/Foresight: Ability to foresee potential challenges and proactively develop solutions to address themPerformance Optimization and Metrics: Establish and track KPIs, analyze performance data, and drive initiatives to enhance efficiency and productivityWhat we offer (For full-time permanent roles) Competitive discretionary bonus Market leading RRSP match program
Job Title
Vice President, Operations, EQ Bank