EQ Bank | Equitable Bank
Senior Manager, Special Accounts Management Unit Operations
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 Senior Manager, Special Accounts Management Unit Operations is accountable for designing, leading, and continuously improving the operational framework, controls, and governance model supporting the Bank’s Special Accounts Management Unit (SAMU). This role provides senior operational leadership across defaulted and high‑risk commercial lending portfolios, ensuring that SAMU operations are scalable, well‑controlled, and aligned with the Bank’s broader credit risk, regulatory, and capital protection objectives.
The role goes beyond day‑to‑day execution to shape how SAMU operates, including workflow design, governance routines, escalation models, and cross‑functional coordination. The incumbent acts as a key partner to senior leaders across Credit Risk, Finance, Legal, and Operations, bringing forward insights, recommendations, and decisions with longer‑term and enterprise‑level implications.
The Core Responsibilities
- Lead the design and ongoing refinement of SAMU operational workflows, controls, and reporting frameworks to support effective management of defaulted and higher‑risk commercial lending exposures.
- Provide senior operational oversight across SAMU portfolios, ensuring consistency, accuracy, and scalability in account onboarding, tracking, classification, and remediation processes.
- Establish and maintain governance routines that enable timely escalation, informed decision‑making, and alignment across internal and external stakeholders.
- Oversee complex legal action and enforcement files, setting standards for coordination with external counsel and internal partners, and ensuring appropriate use of remedies and authorities.
- Ensure SAMU operational practices support accurate credit classification, impairment recognition, and default reporting in accordance with IFRS 9 and applicable regulatory guidance.
- Proactively identify operational, regulatory, and control risks within SAMU processes, assessing downstream impacts to capital, financial reporting, and regulatory compliance.
- Partner with Risk, Finance, and Compliance teams to strengthen control environments, documentation standards, and audit readiness across SAMU activities.
- Own the operational interpretation and implementation of SAMU‑related credit, remedial, and restructuring policies, ensuring consistent application across the portfolio.
- Identify systemic gaps, inefficiencies, or control weaknesses and lead the development of sustainable, longer‑term solutions, rather than point fixes.
- Use data, trend analysis, and portfolio insights to recommend enhancements to processes, governance models, and reporting structures.
- Act as a senior operational advisor and escalation point for SAMU operations, supporting informed decision‑making by senior leadership.
- Lead cross‑functional collaboration with Relationship Management, Credit Risk, Legal, Finance, and Operations to align objectives, clarify accountabilities, and resolve complex operational issues.
- Translate complex operational and risk considerations into clear, actionable insights for senior stakeholders.
Portfolio & Operational Management
Credit Risk & Regulatory Compliance
Policy, Controls & Continuous Improvement
Stakeholder Leadership & Influence
Let's Talk About You
- Have a minimum of 5-7 years of commercial mortgage lending, credit risk, or restructuring.
- Business degree or a related discipline or similar professional designation or equivalent work experience.
- Strong working knowledge of mortgage enforcement remedies and foreclosure processes across Canada.
- Proficient credit analysis, financial modeling, and problem-solving skills, with the ability to assess complex and incomplete information.
- Technical understanding of secured lending, commercial real estate markets, and end-to-end credit processes.
- Developed organizational and time-management skills, with the ability to manage competing priorities under tight timelines.
- Demonstrated ability to operate effectively in a fast-paced, high-intensity, and evolving environment.
- Proven self-starter with the ability to work independently while exercising sound judgment and accountability.
- Excellent presentation skills and ability to professionally communicate with Senior Management and other stakeholders (both internal and external).
- Proficient in MS Office.
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.
EQ Bank | Equitable Bank Toronto, Ontario, CAN Office
30 St Clair Avenue West, Suite 700, Toronto, Ontario, Canada, M4V 3A1
