Senior Internal Controls Analyst

Join a Challenger
Being a traditional bank just isn’t our thing. We are big believers in innovating the banking experience because we believe Canadians deserve better options, and we challenge ourselves and our teams to creatively transform what’s possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing things. If you’re not afraid of taking on big challenges and redefining the future, you belong with us. You’ll get to work with people who will encourage you to reach new heights. We like to keep things fun, ask questions and learn together.
We are a big (and growing!) family. Overall we serve more than 370,000 people across Canada through Equitable Bank, Canada's Challenger Bank™ and have been around for more than 50 years. Equitable Bank's wholly owned subsidiary, Concentra Bank, supports credit unions across Canada that serve more than 5 million members. Together we have over $100 billion in combined assets under management and administration, with a clear mandate to drive change in Canadian banking to enrich people's lives. Our EQ Bank platform ( eqbank.ca ) has been named the top Schedule I Bank in Canada on the Forbes World's Best Banks 2022 and 2021 lists.
As part of the growing and dynamic team, the Senior Internal Control Analyst, reporting to Director, Financial Reporting, Policies & Controls, will be responsible to provide support for preparing, documenting, and evaluating the company’s Internal Control over Financial Reporting (ICOFR) Program. This position executes the evaluation of the design and operating effectiveness testing of the Company’s Disclosure Controls & Procedures (DC&P) ICOFR processes to support the CEO and CFO certifications under the (NI) 52-109. Additionally, this position is responsible for maintaining and updating existing ICOFR process documentation as well as creating ICOFR documentation for new processes and initiatives. This role requires the individual to possess strong knowledge and experience in Internal Controls over Financial Reporting and a proven ability to analyze processes and controls, and develop new controls, if required. The individual must be a quick learner and have proficient interpersonal and communication skills as much of their work will require them to work extensively with other departments to gather information and insights. Strong organizational and multi-tasking skills are a must as there are many competing priorities, often under aggressive timelines. The individual is expected to work with a high level of attention to detail and independence.
The Work

• Understand the requirements of NI 52-109 and assist in maintaining processes and functions to help ensure compliance.
• Respond to financial control enquiries and advise stakeholders on related matters.
• Assist in continually monitoring and updating the assessment of the control environment, keeping abreast of significant control issues, trends, and developments.
• Identify, understand, and document processes and procedures surrounding internal controls.
• Provide ad hoc assistance with projects to support the Bank’s initiatives, as required.
• Provide reports on a regular basis, and as directed or requested, and keep the team informed on a timely basis of key issues and risks for ICOFR related matters.
• Perform walkthroughs of processes and management testing of internal controls.
• Assist in evaluating the effectiveness of controls to manage significant risk exposures, ensure the integrity and reliability of information used for financial reporting, safeguard company assets, and comply with laws and regulations.
• Assist in documenting the design and evaluation of new business processes and initiatives.
• Identify and assess the implementation of new controls as necessary.

Let's Talk About You!

• Professional accreditation in finance (i.e. CPA, CA, CMA, CGA) and a ‘Bachelors’ level or equivalent education.
• Highly organized with strong time management skills to deliver concurrent projects with competing priorities.
• Strong attention to detail
• Knowledge of Internal Control over Financial Reporting (i.e. ‘SOX 404’, ‘NI 52-109’) with an internal control testing/audit background would be preferred, but not required.
• Experience in the development and execution of test programs for evaluating the operating effectiveness of key controls, especially those that affect financial reporting.
• Knowledge of the COSO Internal Control Framework would be preferred, but not required.
• 3+ years relevant audit/consultancy/internal audit experience, preferably in an accounting firm.
• Knowledge of auditing practices, procedures, and sampling techniques, sufficient to interpret and analyze complex concepts.
• Enjoys working in both team and individual environments
• Strong interpersonal, analytical, problem solving and communication (both written and verbal) skills with the ability to convey complex issues in clear and concise manner.
• Knowledge of the Canadian banking industry and experience with financial products (i.e., Mortgages, GIC’s, etc.) preferred.
• Advance computer skills (MS Word, Excel and Visio).

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, personal days and even a moving day
🖥 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
Equitable Bank is deeply committed to inclusion. Our organization is stronger and our employees thrive when we honour and celebrate everyone’s 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 beyond. All 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 can’t wait to get to know you!