Associate Director, CDIC Central Operations
Associate Director, CDIC Central Operations
Posted on :
24-07-2025
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1 Vacancy
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Job Description
Join a Challenger
Being a traditional bank just isnt 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 youre passionate about redefining the future of bankingwhile having funthis could be your next big opportunity.
Our company continues to grow and today we serve more than 670000 people acrossCanadathrough Equitable BankCanadasChallenger Bank and have been around for more than 50 years. Equitable Banks wholly-owned 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 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 Director CDIC Central Operations will lead and coordinate the operational execution of the CDIC Program for all stakeholders across all covered entities (Equitable Bank Equitable Trust Concentra Bank Concentra Trust). They will serve as the day-to-day lead of CDIC activities acting as the central liaison across business units product teams and executive stakeholders. Supporting the Executive Sponsor and co-chair the CDIC Steering Committee to ensure regulatory compliance risk oversight and program performance and oversee planning governance and status reporting for all CDIC-related deliverables and audits. This role will ensure effective program management issue resolution and continuous improvement while maintaining alignment with all applicable CDIC By-laws including those governing disclosure data/system requirements and premiums.
Program Leadership & Oversight
- Lead the centralized execution of CDIC requirements and activities across product finance operations legal compliance and marketing.
- Maintain a master CDIC program plan including deliverables owners timelines and escalation paths.
- Actively participate in CDIC delivery meetings as required and chair the CDIC Steering Committee.
- Provide regular reporting and updates to executive sponsors risk committees and auditors.
Operational Execution
- Monitor progress on 13 core CDIC activities ensuring deadlines (e.g. FID Return of Insured Deposits Differential Premiums Reporting) are met.
- Ensure cross-functional ownership and collaboration on disclosures testing data readiness and system governance.
- Maintain documentation and evidence in line with audit and regulatory expectations.
Issue Management & Continuous Improvement
- Track and escalate risks issues and blockers to the Steering Committee and functional owners.
- Identify and implement improvements to CDIC-related workflows controls and procedures.
- Coordinate audit responses regulator queries and annual policy reviews.
- Lead the annual attestation process for nominee brokers and professional trustees and ensure timely updates to CDIC on trade names and product changes.
Lets Talk About You!
- Post-secondary degree in Finance Business Administration or related discipline.
- 79 years in financial services or banking with a strong background in regulatory operations or compliance.
- Demonstrated experience leading cross-functional programs or regulatory change initiatives.
- Familiarity with CDIC regulations and insured deposit operations is highly preferred.
- Strong understanding of deposit products data governance and compliance frameworks.
- Proficient with tracking and reporting tools (e.g. Excel SharePoint Confluence).
- Excellent communicator and facilitator across all levels of the organization.
- Organized detail-oriented and able to manage multiple priorities under regulatory deadlines.
- Adept at navigating ambiguity and aligning cross-functional teams.
- PMP CRCM Prosci or related project or change management certifications are considered assets.
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
The incumbent will be working hybrid and in office time will be spent working from Equitable Banks additional office space located at 2200-25 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 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 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:
Director
Employment Type
Full-Time
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