At a Glance
- Tasks: Lead strategy and execution for EQ's Personal Banking, driving innovation and profitability.
- Company: Join EQ, a leading Challenger Bank reshaping banking for Canadians since 1970.
- Benefits: Enjoy competitive bonuses, RRSP matching, comprehensive health benefits, and generous vacation policies.
- Other info: Hybrid work environment with a commitment to equity, diversity, and inclusion.
- Why this job: Make a real impact in the financial sector while shaping the future of banking.
- Qualifications: 10+ years in corporate strategy and financial services with strong leadership skills.
The predicted salary is between 134190 - 164010 $ per year.
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.
The Vice President, Strategy and Delivery will define core strategy for EQ’s Personal Bank (across products, experiences, and loyalty) and own execution through disciplined capital planning and delivery leadership. This newly created role builds the strategic and delivery backbone of the Personal Bank: leading the divisional PMO, prioritizing capex investment, and driving overall business strategy to strengthen core profitability behaviours.
Strategy
- Define and lead 3-year core strategy for the Personal Bank across products, experience, and loyalty expansion.
- Act as strategic thought partner to business and product leaders, translating insight into clear priorities that align back to objectives and key results (OKRs) and measurable outcomes.
- Provide business management support to the EVP Personal Banking and to the broader Senior Leadership Team, including the regular cadence of management meetings, presentations and various executive forums.
- Assess and prioritize core strategic programs taking them from concepts to fundable business cases.
- Prepare quarterly board materials on strategic progress, key decisions, and outlook, as well as monthly progress updates to business leaders, reinforcing transparency and accountability.
- Liaise with enterprise strategy and corporate development team to assess new business opportunities for the Personal Bank, including M&A activity.
- Lead loyalty expansion strategy across all products to ensure rewards are used efficiently and purposefully to drive profitable behaviours critical to achieving commercialization and strategic priorities.
- Chair and lead a new governance process for points usage, including proposal intake, evaluation criteria, and decision-making.
Capital Planning
- Own planning and prioritization of all CapEx for the Personal Bank including leading an intake process with clear frameworks for evaluating proposals ahead of prioritization.
- Govern a capital allocation framework aligning investment with strategic priorities and expected outcomes, holding business leaders accountable to the business case commitments behind funded initiatives.
- Partner with Finance and Digital on budgeting, forecasting, and ongoing review of capex portfolio.
- Evaluate resource demand against available capacity across the Personal Banking, Enterprise Technology, and vendors and align divisional capex plans with enterprise roadmaps and constraints.
- Lead quarterly planning process (QBR) to oversee performance on projects and initiatives and ensure ongoing prioritization and allocation of resources and capital.
- Build and own the reporting against established OKRs as part of the quarterly planning process.
Stakeholder & Risk Management
- Build trusted relationships with senior leaders across Digital, Enterprise Technology, Finance, Risk, and business lines.
- Influence and hold accountable senior stakeholders without direct reporting authority.
- Apply the Bank’s risk appetite and culture to strategic, capital, and delivery decisions, ensuring compliance with operational and regulatory requirements.
The Core Responsibilities!
- 10+ years in corporate strategy, delivery/portfolio management, and financial services or a comparably regulated industry.
- Experience building or scaling a PMO/delivery function, and leading and working in agile operating environments.
- Strong financial acumen, including capital planning, budgeting, and forecasting at a portfolio level.
- Proven people leadership, including building teams from the ground up.
- Ability to influence senior executives amid ambiguity.
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.
Vice President, Strategy & Delivery, Personal Banking in Toronto employer: EQ Bank | Canada's Challenger Bank
At EQ, we pride ourselves on being a forward-thinking employer that values innovation and collaboration. Our dynamic work culture fosters personal and professional growth, offering employees the chance to lead transformative projects in the financial sector while enjoying competitive benefits like a market-leading RRSP match program and comprehensive health coverage. Located in a vibrant community, we empower our team to challenge the status quo and make a meaningful impact on the lives of Canadians every day.
Contact Details:
EQ Bank | Canada's Challenger Bank Recruitment Team