Securitization Administration Manager (Toronto)

Securitization Administration Manager (Toronto)

31 Aug
|
EQ Bank | Canada's Challenger Bank
|
Toronto

31 Aug

EQ Bank | Canada's Challenger Bank

Toronto

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.

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. The Manager, Securitization Administration will be responsible for the effective and effective accounting and reporting of the Bank’s securitization programs.

Responsibilities will include executing new securitization issuances and ongoing administration, preparing monthly investor reports, accounting, and financial analysis. The role will require comprehensive skills to interpret and analyze financial data. The position will also require a candidate to have experience in the area of data and systems management.

The Manager, Securitization will work closely with internal and external stakeholders including the Bank’s Accounting group, Capital Markets and Treasury departments, CMHC, Computershare, strategic business partners, third party service providers, and the Bank’s external auditors. Focusing on the accounting, reporting, and financial analysis of the Bank’s securitization activities. Assist with the routine accounting processes for the securitization activities of both Equitable Bank and Equitable Trust; Oversee daily cash tracking and balancing of servicer partners, including bank reconciliations Support the monitoring of securitization regulations to identify new or changing requirements, evaluate the applicability of the requirements to the Bank, and then assisting with the modification or establishment of new data sources/systems/processes to accommodate and comply with the requirements Provide support to the Accounting group,



assisting them with their mandate in establishing appropriate accounting for the Bank’s securitization activities; Assist in the preparation of month-over-month variance analysis in financial results and program profitability Respond to accounting inquiries, providing ad hoc analysis for use in management decisions Identify opportunities for process improvement and assist in the implementation of recommended changes, including training of team members.

Ensure effective and efficient staff performance by providing ongoing support and guidance, as well as coordinating, scheduling, and reviewing the contribution of direct reports Internal interactions may include but are not limited to Accounting group, Capital Markets, Treasury, Prime Single Family and Commercial Lending, Compliance and Internal Audit, IT, BA and Project Management, and Financial Planning and Analysis Knowledge of/experience with CMHC sponsored NHA MBS and CMB securitization programs would be an asset Strong technical aptitude, with a proven understanding of cash flow modeling Experience in the mortgage industry and securitization preferred Experience with data management and reporting systems Experience in process development and controls management Outstanding interpersonal skills with ability to build solid relationships with other members of the Finance department, business unit representatives, and internal and external stakeholders Ability to identify and drive process improvements, maintaining a strict control environment Proficient computer skills (advanced Microsoft Excel, Access, Word, and accounting systems The ability to learn quickly and develop knowledge and understanding of mortgage securitization through the CMHC NHA MBS and CMB programs The Manager,



Securitization is expected to develop a strong understanding of the Bank’s securitization operations and accounting Strong process related skills would be beneficial to identify and assess process improvement opportunities and assist with the development and execution of solutions The incumbent will operate under the management and guidance of the Director, Securitization, assisting in the effective management of nearly $40 billion securitized mortgage portfolio contributing approximately $100 million to the Bank’s income.

Senior

Director, Finance and the accounting team on accounting policy and financial reporting Managing Director, Capital Markets in coordinating the Bank’s securitization activities Senior Director, Financial Planning & Analysis in the development and maintenance of portfolio and profitability analysis Meeting the organization's expectations for productivity, quality, and objectives Participating in target setting, regular touch base meetings, performance development planning, and formal semi-annual performance reviews All reporting is extremely time sensitive and can directly impact the Bank’s funding programs. Normal office environment with no physical demands. Hybrid work environment with 3 days in office required per week.

What we offer [For full‑time permanent roles] Competitive discretionary bonus Medical, dental, vision, life, and disability benefits Generous vacation policy and personal days Virtual events to connect with your fellow colleagues A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience Equity, Diversity & Inclusion

EQ is committed to building an inclusive, accessible setting where every employee feels valued, respected, and supported. 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.

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.

📌 Securitization Administration Manager (Toronto)
🏢 EQ Bank | Canada's Challenger Bank
📍 Toronto

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