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Equitable Bank

Offers personal and commercial banking services

Manager, Third Party Risk

Risk & ComplianceConfirmed live in the last 24 hours
Full-timeToronto, ON, Canada

About the Job

Requirements

  • 3–5 years of experience in third-party risk management, operational resilience, or business continuity/disaster recovery.
  • 5–7 years of experience in an operational risk oversight role in a financial institution.
  • Knowledge of risk management, compliance matters, corporate governance, and control frameworks.
  • Strong analytical and quantitative skills and problem-solving abilities, with attention to detail.
  • Strong written and verbal communication skills, meeting facilitation abilities, and presentation skills.
  • Organizational, project, and time management skills to deliver concurrent projects with competing priorities.
  • Knowledge of OSFI Guidelines B-10, B-13, and E-21, with the ability to interpret and apply regulatory expectations.
  • Proficiency with Microsoft Copilot and the ability to leverage AI tools and develop AI agents to improve processes and productivity.

Responsibilities

  • Support development and ongoing execution of the operational risk management program across Equitable Bank, providing independent second-line oversight and effective challenge to ensure the Bank operates within its established operational risk appetite.
  • Support advancement of third-party risk management practices and their interconnections with change management, operational resiliency, business continuity, crisis management, and technology and cyber, in support of OSFI B10, B13, and E21 guidelines.
  • Ensure the Third-Party Risk Management process is executed in accordance with the TPRM Policy and promote organizational awareness of TPRM requirements and principles.
  • Participate in second-line oversight reviews and assessments related to third-party triages, due diligence, quality reviews, annual attestations, and other control activities as required.
  • Support operational procedures and tools for implementing Third Party Risk Methodologies, ensuring effective processes to identify, measure, manage, monitor, and report on third-party risks.
  • Contribute to enhancements to Operational Risk programs, including the Third Party risk roadmap, Operational Resilience roadmap, and related methodologies, mechanisms, standards, reporting, and operating procedures.
  • Support risk identification tools, including the new initiative risk assessment (NIRA), the Risk and Control Self-Assessment (RCSA), third-party risk assessments, and issues management.
  • Prepare and support TPRM reporting, including analysis of key risk indicators, trends, issues, and other third-party risk information for management and governance forums.
  • Provide oversight to the business through assessments, ensuring remediation and action plans are addressed, monitored, reported, and escalated as necessary.
  • Assist with reviews and investigations, and prepare reports for operational risk events and incidents.
  • Manage delivery of training to relevant employees within the business and/or critical business service so they understand their roles and responsibilities.

Desired Qualifications

  • An undergraduate degree in finance, economics, business administration, or technology is an asset.

About the Company

Equitable Bank

Offers personal and commercial banking services

Preparing company summary.

Company size
51-200
Company stage
IPO
Headquarters
Toronto, Canada
Founded
1970

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