Senior Director, Financial Planning and Analysis

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.

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 Work

The Senior Director, Financial Planning and Analysis leads the Bank’s 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.

Financial Planning, Forecasting & Performance Management

• 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.

Capital Forecasting, Strategic Capital Allocation, ICAAP & Stress Testing

• 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.

Executive & Strategic Financial Storytelling

• 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 Bank’s strategy, external environment, and value‑creation priorities, highlighting the implications of trends, trade‑offs, and emerging issues.
• Establish executive communication standards that are punch‑line‑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.

Management Reporting, Data & Insight

• 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.

Leadership, Governance & Continuous Improvement

• 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.

Lets Talk About You!

• 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.

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
• Professional development and 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 EQ Bank’s additional office space located at 2200-25 Ontario Street, Toronto, ON .

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.

We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses and identifying potential inconsistencies or verification signals in application materials based on available information. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.