Associate Director in Financial Planning & Analysis

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.
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.
This opportunity will play a pivotal role within the Financial Planning and Reporting team in one of the fastest growing financial institutions in Canada.
Manager, Financial Planning & Reporting will use their financial modeling and analytical skills to develop or enhance scheduled and ad hoc models and reports that drive key management decisions.
This role will specifically support the Personal Lending, Payments and Digital Bank portfolios and be the primary financial lead supporting the Head of Personal Business

Liaise with Senior Management within various Business Units to collect relevant assumptions which drive Financial Model output
Responsible for developing and maintaining financial models that are distributed to Senior and Executive Management on a monthly and quarterly basis
Business Unit NIM
Business Unit profitability reporting, ROE and
Pricing analysis
Responsible for accuracy of data extraction and interpretation of data from various information sources
Employ and review advanced Excel skills such as Pivot Tables, Nestled 'IF' Statements, VLOOKUP, OFFSET, SUMIFS, MATCH-INDEX, etc.
Financial Analysis/Ad hoc Reporting (35%)
Reporting requests may require the candidate to collect, consolidate and analyze financial data and key performance metrics derived from various sources
Responsible for presenting results and providing analysis and insights to Senior and Executive Management within Business Units on a monthly and quarterly basis; including but not limited to insights and recommendations to drive better results and overall business performance
Business Unit specific portfolio reporting
Business Unit specific efficiency and KPI reporting
Ad-hoc reporting, as required by Senior Management and Executive Management
Review Financial Analyst/s and Grad Rotational Associates' work relating to Financial Analysis and Ad hoc Reporting
The candidate may be required to assist in other areas of the Accounting and Finance department and other business units as needs arise
Enhance Financial Analysis and Processes (25%)
The candidate will work closely with the Senior Director, Financial Planning & Reporting to define, scope and implement enhancements to detailed Financial Models, Financial Analysis and Reporting
Assess and recommend improvements to the Annual Budget and Quarterly Forecasting Process, involvement in the implementation and use of a new Budgeting/ Forecasting tool
Proactively find ways to improve the technical accuracy, validation and organization of Financial Analysis
Structure key processes and develop relevant background documentation with a view to enhance efficiencies and manage risk
Find opportunities and operationalize changes to reduce redundancy within processes and reporting, automate and streamline to reduce manual effort, time and risk of error in work that the team produces
Review Financial Analyst/s and Grad Rotational Associates' work relating to Enhancements implemented to Financial Analysis Processes
Coaching & development - Demonstrate strong performance management skills, effectively setting and communicating expectations, identifying development opportunities, and coaching team members to achieve their full potential
Promote diversity, equity, and inclusion and a culture of respect and understanding where diverse perspectives are valued and celebrated
MBA/CPA/CFA designation preferred
Minimum 8 years of progressive and relevant work experience
Experience overseeing/reviewing junior Team members' work
Knowledgeable of mortgage and personal banking products and features, lines and letters of credit
Highly skilled in using MS Office (Excel, Access, PowerPoint and Word)
Advanced Microsoft Excel skills, including developing/running macros
Experience utilizing technology to gather and manipulate data
Experience using database query tools (i.e.
SQL) is considered an asset
Ability to clearly communicate technical, analytical/quantitative or conceptual information and ideas using language that is appropriate to the target audience
What we offer [For full-time permanent roles]
Medical, dental, vision, life, and disability benefits
Generous vacation policy and personal days
Virtual events to connect with your fellow colleagues
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 2200-25 Ontario Street, Toronto, ON .
Equitable Bank is deeply committed to inclusion.