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EQ Bank

Manager, Third Party Risk

Toronto, ON, Canada

Full-time

Apply About employer

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Job details

Job type: Full-time
Apply by: Nov 27, 2026
Posting language: English
Posted: Oct 28, 2026

Original job description

Join a Challenger

At EQ, we're remaking banking so every Canadian gets ahead, every day. Serving nearly 4 million Canadians from coast to coast, we offer a wide variety of financial services from banking and lending, to trust and credit union solutions.

We've been at this since 1970, challenging the conventions of traditional banking with smarter, faster, and more connected financial experiences.

What's kept us moving? The people behind it all: challengers who ask better questions, push back on old assumptions, and look for a better way forward.

If you're driven to help reshape how banking works for Canadians and the businesses that power our economy, this could be your next big opportunity.

We can’t wait to get to know you!

The Work

The Senior Manager, Third Party Risk supports the development and ongoing execution of a strong operational risk management program across Equitable Bank and provides independent oversight and effective challenge (as the second line of defence) to ensure the Bank operates within its established operational risk appetite.

The Core Responsibilities

The Senior Manager, Third Party Risk role supports the advancement of risk management practices related to third party risk and the interconnections to change management, operational resiliency, business continuity, crisis management and technology and cyber in support of regulatory requirements OSFI B10, OSFI B13, and OSFI E21 guidelines.

Champions the Third Party Risk Management Policy and develops plans in collaboration with stakeholders to promote organizational awareness of the TPRM program and principles.
As the 2nd Line of Defence, participates in oversight reviews and assessments related to third party triages, due diligence, quality reviews, NIRA self-assessments, exit and contingency planning, annual attestations and other control activities where required.
Oversees operational procedures and tools that assist the implementation of Third Party Risk Methodologies ensuring effective processes to identify, measure, manage, monitor and report on Third Party risks.
Supports a customer focused culture to deepen internal business relationships and knowledge to achieve positive outcomes
Contributes to the enhancement of Operational Risk programs including, all aspects of the Third Party risk roadmap, Operational Resilience roadmap, and supporting methodologies, mechanisms, standards, reporting and operating procedures.
Engages in department activities including Business Continuity Management (BCM) Program activities including working sessions to prepare for exercises or tests.
Coordinates disaster recovery business testing activities including review of test plans, results and supporting communications.
Supports the use of risk identification tools such as the new initiative risk assessment (NIRA), the Risk and Control Self-Assessment (RCSA), third party risk assessments and issues management.
Evaluates and challenges Key Risk Indicator (KRI) reporting to validate accuracy and identify trends.
Provides oversight to the business through assessments, ensuring remediation / action plans are appropriately addressed, monitored, reported and escalated, as necessary.
Conduct reviews/investigations and prepare reports for operational risk events and/or incidents.
Provide recommendations on potential emerging risks and significant events which could have a material impact on the successful achievement of corporate objectives.
Create and manage the delivery of training to relevant employees within the business and /or critical business service to ensure they are familiar with their roles and responsibilities

Let's Talk About You

3-5 years of experience in Third Party risk management, operational resilience, business continuity/disaster recovery
5-7 years of experience in an operational risk and/or information technology risk oversight role in a financial institution.
Undergraduate degree in finance, economics, business administration or technology is an asset
Knowledge of risk management, compliance matters, corporate governance and control frameworks.
Strong analytical and quantitative skills and problem-solving abilities. Strong attention to detail.
Strong written and verbal communication skills coupled with meeting facilitation abilities and good presentation skills.
Good organizational, project and time management skills to efficiently deliver concurrent projects with competing priorities. PMP would be considered an asset.
Knowledge and awareness of the financial industry, risk management practices and regulatory and/or policy changes.

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

🎓 Professional development and comprehensive Career Development program

💛 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 EQ Bank’s additional office space located at 2200-25 Ontario Street, Toronto, ON.

Equity, Diversity & Inclusion

EQ is committed to building an inclusive, accessible environment where every employee feels valued, respected, and supported. We believe our organization is stronger - and our people thrive - when we honour and celebrate diverse experiences, identities, and perspectives. We’re equally committed to supporting your growth, both professionally and personally.

We provide a barrier‑free recruitment process and work environment. If you require accommodations at any stage, we will work with you to ensure you can bring your best self to the process and beyond.

As part of our recruitment process, EQ uses AI to help screen, assess, and/or select applicants for this position. All AI-enabled outputs are reviewed and validated by our talent team. All candidates considered for hire must successfully complete a criminal background check and credit check. While we appreciate every application, an EQ recruiter will contact only those whose skills and experience most closely match the requirements of the role.

EQB Inc. (TSX: EQB) is the parent company of Equitable Bank, the country's seventh-largest Schedule I bank by assets, which operates EQ Bank, Canada's Challenger Bank™. EQB Inc. serves nearly 4 million Canadians and manages approximately $150 billion in combined assets under management and administration.

To learn more, visit eqb.investorroom.com and eqbank.ca.

We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses and identifying potential inconsistencies or verification signals in application materials based on available information. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.

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More about this job

Responsibilities

Provide second-line oversight and effective challenge of third-party and operational risk practices, including assessments, due diligence, remediation plans, risk reporting, and operational risk events. Advance third-party risk and operational resilience programs, support business continuity and disaster recovery testing, and deliver training and guidance to relevant employees.

Requirements

The role calls for 3–5 years of experience in third-party risk, operational resilience, or business continuity/disaster recovery, plus 5–7 years in operational or information technology risk oversight at a financial institution. An undergraduate degree in finance, economics, business administration, or technology is an asset; knowledge of risk management, compliance, governance, and control frameworks is expected, while PMP certification is an asset.

Skills

Third-Party Risk Management
Operational Risk Management
Operational Resilience
Business Continuity Management
Disaster Recovery
Risk Assessment
Due Diligence
Risk and Control Self-Assessment
New Initiative Risk Assessment
Issues Management
Key Risk Indicator Reporting
Regulatory Compliance
Analytical and Quantitative Skills
Problem-Solving
Project Management
Communication and Presentation

Benefits

Discretionary Bonus
RRSP Matching
Medical, Dental, Vision, Life, and Disability Benefits
Employee Share Purchase Plan
Maternity and Parental Top-Up
Vacation and Personal Days
Virtual Events
Professional Development
Career Development Program

Visa sponsorship

Not detected in the job text

Keywords

Third-Party Risk Management
Operational Risk
Operational Resilience
Business Continuity Management
Disaster Recovery
OSFI B10
OSFI B13
OSFI E21
Second Line of Defence
Due Diligence
Third-Party Triage
New Initiative Risk Assessment
Risk and Control Self-Assessment
Issues Management
Key Risk Indicators
Exit and Contingency Planning
Annual Attestations
Risk Appetite
Crisis Management
Technology Risk
Cyber Risk
Risk and Control Frameworks
Operational Risk Events
Remediation Plans
PMP

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