Senior Director, Financial Planning and Analysis
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Job Summary
Join a Challenger
At EQ were 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.
Weve been at this since 1970 challenging the conventions of traditional banking with smarter faster and more connected financial experiences.
Whats 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 youre driven to help reshape how banking works for Canadians and the businesses that power our economy this could be your next big opportunity.
We cant wait to get to know you!
The Senior Director Financial Planning and Analysis leads the Banks enterprise financial planning forecasting performance analysis and management reporting activities and oversees the Financial Planning & Analysis Centre of Excellence within the VP Financial Planning & Analysis portfolio. The role establishes an integrated view of financial performance outlook risks and opportunities to support executive decision-making and disciplined resource and capital allocation.
The role partners with business and functional leaders to translate strategic priorities into financial plans challenge assumptions assess performance drivers and provide timely decision-useful insight. It is accountable for the quality consistency governance and continuous improvement of planning and forecasting processes and for establishing a high-performing Financial Planning & Analysis Centre of Excellence that scales common standards tools models data and insight across the Bank.
- Lead the annual budget periodic forecast and multi-year financial planning processes integrating business plans economic assumptions balance sheet and income statement drivers and enterprise priorities.
- Establish planning calendars standards controls accountabilities and review forums that support complete accurate timely and comparable submissions across the Bank.
- Provide an integrated view of actual and forecast performance including revenue net interest margin expenses profitability return on equity capital implications and key non-financial drivers.
- Lead scenario and sensitivity analysis to assess the financial implications of changing market conditions strategic choices investments and emerging risks.
- Identify material variances trends and forecast risks; ensure clear ownership of actions and provide concise recommendations to senior leadership.
- Lead enterprise capital forecasting and provide a forward-looking view of regulatory capital leverage capital generation and deployment under the strategic and financial plan.
- Assess capital capacity requirements and trade-offs to support the allocation of capital to strategic investments business growth acquisitions and other enterprise priorities.
- Partner with Treasury Risk Management business leaders and other Finance teams to align capital forecasts with earnings balance sheet growth risk-weighted assets funding plans internal capital targets and management buffers.
- Lead the consolidation of financial forecasts and capital impacts for the Internal Capital Adequacy Assessment Process enterprise-wide stress testing regulatory stress testing and related scenario analysis.
- Evaluate adverse but plausible scenarios key sensitivities and management actions; identify potential capital constraints or vulnerabilities and recommend actions to protect resilience and support strategic objectives.
- Establish robust governance controls documentation and executive reporting for capital assumptions methodologies forecasts stress-testing outputs and capital-allocation decisions.
- Lead the development and presentation of clear Board-ready financial narratives that explain enterprise performance outlook key drivers risks opportunities and recommended actions.
- Translate complex financial operational and strategic analysis into concise decision-oriented messages tailored to the Board executive leadership and management governance forums.
- Provide strategic oversight of consolidated financial results and outlook ensuring consistency across the income statement balance sheet capital business segments and key performance indicators.
- Connect actual and forecast performance to the Banks strategy external environment and value-creation priorities highlighting the implications of trends trade-offs and emerging issues.
- Establish executive communication standards that are punchline-first analytically sound and supported by clear evidence sensitivities and actionable recommendations.
- Coordinate across Finance Treasury Strategy Investor Relations Risk Management and business finance partners to maintain a consistent enterprise financial story across Board executive regulatory and external materials.
- Oversee recurring management reporting and dashboards ensuring that measures definitions commentary and source data are consistent and decision-useful.
- Establish and monitor key performance indicators and financial drivers that connect strategic objectives operating activity and financial outcomes.
- Strengthen data quality model governance documentation controls and review practices for material planning and management reporting outputs.
- Drive automation and simplification of planning forecasting modelling and reporting processes to improve speed accuracy transparency and analytical capacity.
- Partner with Data and Technology stakeholders on requirements prioritization testing implementation and adoption of financial planning and analytics capabilities.
- Establish and oversee the Financial Planning & Analysis Centre of Excellence including its mandate governance operating model service catalogue priorities measures and capability roadmap.
- Develop common planning forecasting modelling reporting and business-partnering standards and support adoption across Financial Planning & Analysis and partner teams.
- Build reusable tools templates driver libraries scenario models data definitions and analytical practices that improve consistency speed and decision usefulness.
- Create a community of practice that strengthens capability through coaching knowledge sharing quality review and continuous learning.
- Lead coach and develop a team of finance professionals; establish clear accountability effective succession and development practices and high standards for analysis and communication.
- Maintain an effective control environment for planning forecasting modelling and management reporting and address issues identified through review audit or control testing.
- University degree in finance accounting economics business or a related discipline or an equivalent combination of education and relevant experience.
- CPA or CFA designation or an equivalent recognized finance designation.
- At least 12 years of progressive finance experience including substantial experience in financial planning and analysis forecasting management reporting financial modelling and executive decision support.
- Senior leadership and people-management experience including experience setting functional priorities reviewing complex work coaching leaders and professionals and delivering through others.
- Advanced knowledge of financial statements performance drivers budgeting forecasting scenario analysis profitability return on equity and capital-aware decision-making within financial services.
- Experience producing and presenting concise analysis for executives and governance forums with the judgment to distinguish material issues challenge assumptions and recommend action.
- Advanced spreadsheet and presentation skills and experience with enterprise planning reporting business intelligence and financial data tools. Specific systems: To be confirmed.
- Strong written and verbal communication stakeholder-management analytical problem-solving organization and change-leadership skills.
- Experience in a Canadian bank or other regulated financial institution including knowledge of banking products net interest margin balance sheet drivers capital and regulatory considerations.
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. Were equally committed to supporting your growth both professionally and personally.
We provide a barrierfree 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 countrys seventh-largest Schedule I bank by assets which operates EQ Bank Canadas Challenger Bank. EQB Inc. serves nearly 4 million Canadians and manages approximately $150 billion in combined assets under management and administration.
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About Company
At Equitable Bank, we specialize in providing branchless financial services that meet the unique needs of all Canadians. Our range of mortgages, savings accounts and investment options are designed to offer the right solutions to match any unique circumstance.
