drjobs Associate Product Manager, Growth Business

Associate Product Manager, Growth Business

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1 Vacancy
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Job Location drjobs

Toronto - Canada

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

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 670000 people acrossCanadathrough Equitable BankCanadasChallenger Bank and have been around for more than 50 years. Equitable Banks whollyowned subsidiary Concentra Bank supports credit unions acrossCanadathat serve more than six million members. Together we have over$125 billionin combined assets under management and administration with a clear mandate to drive change in Canadian banking to enrich peoples lives. Our customers have named our EQ Bank digital platform () one of the top banks in Canada on the Forbes Worlds Best Banks list since 2021.


The Work

The Associate Product Manager is responsible for supporting a variety of daytoday responsibilities for the Insurance Lending and Reverse Mortgage businesses. These include new product (or feature) identification and evaluation reporting & data analysis operational enhancements growth/marketing analysis and leading/supporting on elements of departmental projects. The Associate Product Manager will also help maintain update and amend procedure/departmental guidelines and policies as required.

These projects usually involve crossfunctional teams and contribute to the overall strategy (or compliance) and direction of the businesses. The incumbent will use their analytical abilities to provide both qualitative and quantitative input supporting the development of recommendations and implementation for Senior Management.

The core parts of your role would be to:

    • Product Development and Expansion:
    • Work alongside the Product Manager underwriters and Business leads to stay up to speed on competitive and industry landscape
    • Develop product and industry expertise in the Canadian Insurance Lending and Reverse Mortgage spaces helping to identify new products and product enhancements to round out the product suite.
    • Identify potentially meaningful product additions improvements and tweaks. Make recommendations to leadership team
    • Perform required analysis (i.e. cost benefit) to determine the reward associated with implementing product additions vs. the associated cost and effort
    • Lead discovery business casing and execution to bring the products to market in a timely manner
    • Work independently and act as the owner for elements of larger projects and as project lead on other initiatives
    • Interact with key business stakeholders to ensure that all additions are regulatory compliant and can be adequately managed by existing resources

    • Operational Support and Improvements:
    • Identify opportunities to improve/automate key processes and calculators. Implement changes with the input of key stakeholders as necessary
    • Lead updates and amendments to various calculators (i.e. CSV and IFA underwriting reverse mortgage online calculator) working with internal stakeholders and external resources as required through testing and implementation
    • Monitor any concerns or opportunities for improvements. Make decisions to tweak as necessary at need to be implemented
    • Evaluate opportunities to improve all key operation processes. Prepare and lead business case and recommendation. Make recommendations to Product Manager and lead implementation process as applicable

    • Reporting and Data Analysis:
    • Own ongoing reporting requirements sending weekly updates to broader management team
    • Work alongside Personal Banking Strategy team to continue to refine automated reporting
    • On an ongoing basis identify gaps in current reporting. Work to develop new reports to eliminate gaps
    • Identify key insights from reporting data. Recommend strategies tactics or other improvements to management when necessary

    • Sales Support and Growth/Marketing:
    • On an ongoing basis monitor the effectiveness of key sales tools. Iterate and develop new tools as necessary
    • Lead the analysis of various initiatives helping to measure and develop marketing strategies and materials supporting Sales & Marketing
    • Present data in various formats including excel reports and presentations to help shape marketing and growth strategies

    • Strategy development and execution:
    • Support in developing the lending and wealth strategy for personal banking including quantitative analysis to support forecasts
    • Own development of materials required for key strategy meetings
    • Present key insights and recommendations based on research and data analysis
    • Drive projects forward by managing internal stakeholders developing output materials and presenting key deliverables
    • Support Personal Bankings diligence activities for external opportunities

    • Underwriting Support:
    • Act as key contact for underwriting team in reference to process documentation requirements and underwriting tools and calculators

Lets Talk About You

    • Bachelor degree in Business Administration Engineering Math or related field
    • 25 years experience in the financial services industry
    • Established and meticulous organizational and collaboration skills
    • Sound multitasking skills and excellent attention to detail
    • Strong business acumen
    • Excellent analytical modeling and problemsolving skills
    • Excellent oral and written communication skills
    • Proficient in using MS Office (Excel Access Power Point)
    • Committed to providing superb customer service
    • Problem solver with sound judgment who takes initiative accepts ownership and accountability
    • Independent selfmotivated and enthusiastic
What we offer For fulltime permanent roles
Competitive discretionary bonus
Market leading RRSP match program
Medical dental vision life and disability benefits
Employee Share Purchase Plan
Maternity/Parental topup 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

The incumbent will be working hybrid and in office time will be spent working from Equitable Banks additional office space located at 220025 Ontario Street Toronto ON.
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 barrierfree 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 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!

Required Experience:

IC

Employment Type

Full-Time

Company Industry

About Company

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