About the role

Aplyr's Quick Take

This role is about leading credit risk management at EQ Bank, focusing on developing strategies and overseeing loan portfolios. It's a senior-level position that involves collaboration with senior management and internal teams to ensure effective risk mitigation and governance.

Good fit

Ideal candidates have extensive experience in credit risk management, likely at a director level or equivalent, and possess strong strategic and leadership skills. A collaborative working style and a passion for innovative banking solutions will help you thrive here.

Worth noting

The position emphasizes a creative approach to banking, which may appeal to those looking for a non-traditional banking environment. However, the spec is vague on day-to-day responsibilities, so expect some ambiguity in daily tasks.

Join a Challenger

Being 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 800,000 customers 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 $142 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 Work

The Director, Credit Risk reports to the Vice President, Credit Risk and supports Senior Management with respect to all aspects of credit risk management in the Bank. The Director will be responsible for assisting in the development and operationalization of credit risk strategies and will oversee all loan portfolios with the objective of maintaining high quality lending and risk mitigation strategies.

Key aspects of the role are credit adjudication, governance, strategic initiatives, and managing key internal relationships enterprise-wide to champion risk and credit culture at the Bank.

Skills & Tags

go ai ios

Aplyr's read

EQ Bank is a forward-thinking Canadian financial institution known for competitive rates and a strong focus on customer service, attracting diverse roles from tech to finance.
Synthesized from recent postings & public sources

What's promising

•EQ Bank offers competitive rates, appealing to cost-conscious customers.
•The company emphasizes customer service, enhancing client satisfaction.
•Diverse recent hires indicate growth and varied career opportunities.

What to watch

•Highly competitive banking sector may pressure profit margins.
•Rapid growth could strain existing resources and infrastructure.
•Regulatory changes in finance pose potential compliance challenges.

Why EQ Bank

•EQ Bank is known for its digital-first approach in banking.
•The bank's commitment to bilingual customer service sets it apart.
•Focus on technology roles suggests a strong emphasis on digital innovation.

Aplyr’s read is generated by AI from public sources. Was it useful?

About EQ Bank

EQ Bank

equitablebank.ca

View company

Concentra Bank is a Canadian financial institution that offers a range of banking products and services, including savings accounts, mortgages, and investment options, focusing on providing competitive rates and customer service.