Director, Privacy Risk & Compliance
Director, Privacy Risk & Compliance
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
As the Director Privacy Risk & Compliance this role is critical in shaping executing and maintaining the Banks Privacy Risk Management Program and ensuring compliance with applicable privacy laws regulations and internal standards. The incumbent will also have direct accountability for overseeing the Banks Regulatory Compliance Management (RCM) program for privacy-related obligations across all lines of business.
The ideal candidate is a strategic thinker with strong regulatory knowledge proven leadership skills and deep expertise in Canadian privacy legislation (including PIPEDA CPPA) and financial services regulations.
Privacy Risk Management Program
- Lead the ongoing development implementation and enhancement of the Banks enterprise-wide Privacy Risk Management Program.
- Support the Chief Privacy Officer in developing privacy strategies aligned with the Banks risk appetite and regulatory expectations.
- Oversee the Banks privacy risk assessment framework including PIAs (Privacy Impact Assessments) risk reviews and mitigation strategies.
- Drive the integration of privacy by design principles into product development technology initiatives and data governance practices.
Regulatory Compliance Management (RCM) for Privacy
- Serve as 2nd LOD overseeing the Banks compliance with privacy laws regulations and key guidance documents.
- Oversee identification documentation and communication of privacy-related regulatory requirement and controls.
- Ensure appropriate controls processes and testing are in place to meet compliance expectations under OSFIs RCM Guideline E-13 and other applicable requirements.
- Monitor and report on the effectiveness of privacy controls and escalate deficiencies to senior leadership and governance committees.
- Own and champion the Banks Enterprise Privacy Policy working cross-functionally to ensure a robust and compliant position on Privacy compliance.
Leadership & Advisory
- Act as a trusted advisor to senior executives legal risk and business leaders on privacy risks trends and emerging regulations.
- Lead a team of privacy professionals; mentor coach and develop staff to support the privacy compliance agenda.
- Represent the Bank in industry forums and regulatory discussions related to privacy and data protection.
Monitoring & Incident Management
- Oversee privacy incident response breach investigation and regulatory reporting protocols.
- Conduct root cause analysis and recommend enhancements to prevent recurrence of privacy breaches.
Training & Awareness
- Develop and implement a privacy training and awareness strategy tailored to diverse employee groups and risk levels.
- Promote a culture of privacy and ethical data handling throughout the organization.
People Leadership & Team Management
- Lead mentor and develop a team of compliance professionals ensuring high standards of performance engagement and professional growth.
- Set clear goals provide regular feedback and conduct performance and talent development reviews.
- Foster a team culture built on collaboration integrity inclusion and continuous improvement.
- Identify and address resourcing needs including succession planning and upskilling to support evolving compliance requirements.
- Encourage innovation in compliance methodologies use of data and technology-enabled solutions.
Lets About Talk You!
- University degree in Law Business Risk Management or a related field; CIPP/C CIPM or equivalent privacy certification is strongly preferred.
- 7-10 years of progressive experience in privacy compliance or risk management roles preferably within financial services or regulated sectors.
- Proven experience designing and operationalizing privacy risk management programs in complex environments.
- Deep knowledge of Canadian privacy laws (PIPEDA CPPA provincial equivalents) and a strong understanding of global privacy frameworks (e.g. GDPR CCPA) is a plus.
- Familiarity with OSFI guidelines especially E-13 (RCM) and E-21 (Operational Resilience) is an asset.
- Strategic mindset with ability to translate legal/regulatory requirements into operational solutions.
- Strong analytical communication and stakeholder engagement skills.
- Demonstrated leadership and team management capabilities.
- High level of integrity discretion and professionalism.
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
Key Skills
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