CA EmploymentAlert | Specialist, Third-Party Management
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Job Title


Specialist, Third-Party Management


Company : EQ Bank | Equitable Bank


Location : Toronto, Ontario


Created : 2025-02-22


Job Type : Full Time


Job Description

Join a Challenger Being a traditional bank just isnt 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 whats possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing things. If youre not afraid of taking on big challenges and redefining the future, you belong with us. Youll get to work with people who will encourage you to reach new heights. We like to keep things fun, ask questions and learn together. We are a big (and growing!) family. 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. The Work The Specialist, Third-Party Management, is responsible for the operational execution of the third-party risk management (TPRM) process across the organization. Third-Party Management Support the execution of the TPRM process. Identification, classification, measurement, and monitoring of third-party risks. Issuethird-party triage surveys. Coordinating Subject Matter Experts (SMEs) to conduct appropriate due diligence activities. Support and track risk mitigation plans based on due diligence outcomes, working with Business Units to ensure completion. Provide data and feedback to SMEs and Business Units on the execution of risk area activities for tracking and monitoring. Monitor TPRM process responsibilities, including identifying, reporting, and mitigating existing and potential risk exposures. Business Advisory Providing Business Unit training and leading awareness sessions on improvements and updates to TPRM processes and system platforms Develop and maintain positive relationships with internal and external stakeholders to ensure the Banks third-party management objectives are met Reporting Support regularly scheduled and ad-hoc third-party reporting and analytics to support management reporting. Let''s Talk About You! Diploma or degree in business, economics, finance, or a related field, or equivalent experience. 3-5 years of relevant experience in third-party management. Familiarity with Office of the Superintendent of Financial Institutions (OSFI) guidelines, risk management principles, methodologies, and frameworks. Understanding of core third-party management and procurement activities and principles. Data analytical skills, including proficiency in Excel and additional data system reporting tools. Effective communication skills, including the ability to draw insights from data analysis and risk outcomes. Ability to form and maintain professional relationships, collaborate, and work effectively with key internal and external partners. Experience working with third-party risk management software solutions and platforms would be an asset Professional designation applicable to third-party management or equivalent would be an asset. What we offer [For full-time permanent roles] ???? Competitive discretionary bonus Market leading RRSP match program ???? Medical, dental, vision, life, and disability benefits ???? Employee Share Purchase Plan ???????? Maternity/Parental top-up while you care for your little one ???? Generous vacation policy and personal days ???? Virtual events to connect with your fellow colleagues ???? Annual professional development allowance and a comprehensive Career Development program ???? A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience Equitable Bank is deeply committed to inclusion. Our organization is stronger and our employees thrive when we honour and celebrate everyones diverse experiences and perspectives. In tandem with that commitment, we support and encourage our staff to grow not just in their career path, but personally as well. We commit to providing a barrier-free recruitment process and work environment for all applicants. Please let us know of any accommodations needed so that you can bring your best self to the application process and beyond. All candidates considered for hire must successfully pass a criminal background check and credit check to qualify for hire. While we appreciate your interest in applying, an Equitable recruiter will only contact leading candidates whose skills and qualifications closely match the requirements of the position. We cant wait to get to know you!