Associate Director, Financial Planning & Analysis

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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 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 () 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. The AD/Sr. 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. Strong organization and multi‑tasking skills are a must and the individual should be able to work with a high degree of independence and initiative.

Although there are 2 direct reports under this role, the Sr. Manager/AD must also be willing to take a hands‑on approach to the role together with a high level of attention to detail. The individual will be required to have well‑developed interpersonal and communication skills, due to extensive work with department heads and our leadership team. The ability to effectively gather and document reporting requirements and statements of work is also paramount to the success of the role.

• 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
• Key deliverables include:
• Annual Budget Model
• Quarterly Financial Forecasts
• Monthly Financial Reports
• Monthly Accruals and reporting of vendor spend
• Business Unit NIM
• Business Unit profitability reporting, ROE and
• Pricing analysis
• This role will require the candidate to run and review output from detailed Financial Models
• 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. to build efficient and accurate financial models
• Review Financial Analyst/s and Grad Rotational Associates’ work relating to Financial Models

• 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
• A high degree of flexibility, autonomy and attention to detail, often under tight time frames
• Key deliverables includes:
• 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…