Senior Program Manager, Regulatory Reporting and Pillar 2
Equitable Bank
Toronto, Ontario, Canada
11d ago

Friday, December 28, 2018

If you're looking for a workplace where employees are passionate about their work environment, then read on. What sets Equitable Bank apart from other companies is its culture.

We celebrate and embrace the fabric of diversity, the employee engagement process and collectively take pride in our business successes.

Our commitment to our customers, our partners and our employees creates a stimulating and exciting atmosphere that generates innovative products and outstanding service quality.

Equitable Bank is Canada's ninth largest independent Schedule I bank, serving Canadians coast to coast. It offers a diverse suite of residential lending, commercial lending and savings solutions, including high-

interest savings products and GICs. Through its proven branchless approach and customer service focus, Equitable Bank has grown to approximately $25 billion in assets under management.

Most recently, Equitable Bank launched a digital banking operation, EQ Bank, and introduced the EQ Bank Savings Plus Account.

Equitable Bank currently employs over 600 employees across the country.Within Equitable Bank's Core Lending business, Single Family Lending Services funds mortgages for owner-

occupied and investment properties across Canada, while Commercial Lending Services provides mortgages on a variety of commercial properties on a national basis.

Equitable's Securitization Financing business originates and securitizes insured residential mortgages under the Canada Mortgage and Housing ("CMHC") administered National Housing Act.

Equitable Bank also offers a range of deposit products including short-term, long-term and Cashable GICs, available in non-

registered or Tax Free Savings Account ("TFSA") across Canada. And it offers a High Interest Savings Account, available from authorized investment advisors through the FundServ network.

Equitable Bank is a growing Canadian financial services business and a wholly owned subsidiary of Equitable Group. It was founded in 1970 as The Equitable Trust Company.

Purpose of Job The Senior Program Manager, Regulatory Reporting and Pillar 2, supports the Director, Basel PMO Risk Management & QA and is responsible to manage and monitor completion of Basel-

Advanced Internal Ratings Based (AIRB) regulatory requirements for the OSFI AIRB Regulatory Reporting project deliverables and Pillar 2 Workstream initiatives.

The Basel PMO ensures respective projects i n the Bank’s AIRB Implementation Program (the Program ) fulfill OSFI’s minimum requirements for Basel AIRB compliance.

Basel AIRB is a significant strategic initiative and its projects span all business units and operational areas. Regulatory requirements include best operational practices, reasonableness and organizational effectiveness in meeting said objectives.

Main Activities : The major duties, tasks, and responsibilities include the following : Provide Credit Risk Management subject matter expertise and oversight to projects regarding Credit Risk Management concepts, standards, principles, and other enterprise-

wide Regulatory Reporting and Pillar 2 related issues. Lead Regulatory Reporting and Pillar 2 project planning activities, including the identification and prioritization of major gap closure activities and negotiating project delivery timelines with involved stakeholders and support groups.

Develop, establish, and maintain (with assistance from Basel PMO team members as required), routine mechanisms to log, track, and update key Regulatory Reporting and Pillar 2 project activities and deliverables, including the following : Monitor and report on the progress of Regulatory Reporting and Pillar 2 gap closure activities, with timely and effective identification / communication / escalation of issues for appropriate resolution by involved stakeholders (including the Basel PMO).

Evaluate results of Regulatory Reporting and Pillar 2 gap assessments and associated gap closure activities, including review of business process narratives / flowcharts, control descriptions, and other supporting control evidence for reasonability / sufficiency ( effective challenge ).

Assist the Director, Basel PMO to develop and maintain corporate policies and procedures required for enterprise-wide adoption of Basel regulatory requirements including the Second-

Line-of-Defence duties. Knowledge / Skill Requirements : The skills, knowledge and abilities required for the position of Senior Program Manager, Regulatory Reporting and Pillar 2 consist of the following : Minimum post-

secondary level education (diploma / degree) in Business, Finance, or IT. 10+ years of prior relevant experience in Project Management and business analysis required (PMP certification not required but desirable), specifically in the financial services industry with proven expertise in managing strategic Risk Management and Regulatory Reporting initiatives : Detailed knowledge of Regulatory Reporting and Pillar 2 concepts and implementation, including retail and commercial lending, Basel Risk Ratings Systems (RRS), Credit Risk Management policies and procedures, Risk Management systems, etc.

Proven experience in managing initiatives that involve Credit Risk Management Regulatory Reporting and Pillar 2 including : Proficiency in the use of Microsoft Office applications (i.

e. Excel, PowerPoint, Outlook, Word). Capability in the use of advanced collaborative technologies such as SharePoint, Celoxis, JIRA, etc.

Excellent communication and presentation skills (written and verbal); producing grammatically correct / error-free project documentation, conveying issues / requirements clearly and concisely.

Outstanding organizational skills, and the ability to multi-task and to prioritize tasks. Experience with Business and Technical Writing for audiences of varying roles and experience.

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