Associate Product Manager, Growth Business

EQ Bank | Equitable Bank; Toronto; Hybrid; CAD 60,000 - 85,000; Full time

Job summary

Join a leading challenger bank as an Associate Product Manager to innovate in Insurance Lending and Reverse Mortgage sectors. This role offers a chance to collaborate on product development, operational improvements, and strategic growth initiatives, all while contributing to a vibrant and dynamic work culture in Toronto.

Benefits

Competitive bonus

RRSP match

Generous vacation

Professional development

Qualifications

• 2-5+ years in financial services.
• Proactive and self-motivated individual.

Responsibilities

• Support product identification and operational enhancements.
• Collaborate on industry landscape and product opportunities.
• Manage reports and provide strategic recommendations based on data.

Skills

Organizational skills

Analytical skills

Communication skills

Customer-focused

Education

Bachelor’s degree in Business, Engineering, Math, or related field

Tools

MS Office

Job description

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 670,000 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 six million members. Together we have over $125 billion in assets under management and administration, with a clear mandate to drive change in Canadian banking to enrich people's lives. Our customers have named our EQ Bank digital platform (eqbank.ca) one of the top banks in Canada on the Forbes World's Best Banks list since 2021.

The Work

The Associate Product Manager supports day-to-day responsibilities for the Insurance Lending and Reverse Mortgage businesses. Responsibilities include product identification, reporting, operational enhancements, growth analysis, and supporting departmental projects. The role involves maintaining policies and guidelines, working with cross-functional teams, and providing analytical input for senior management.

Key responsibilities include:

1. Product Development and Expansion:
2. Collaborate with Product Manager, underwriters, and business leads on industry landscape and product opportunities.
3. Develop expertise in Canadian Insurance Lending and Reverse Mortgage sectors.
4. Identify and recommend product enhancements, perform cost-benefit analyses, and lead product launches.
5. Manage project elements independently and act as project lead when needed.
6. Ensure regulatory compliance and resource management for new products.
7. Operational Support and Improvements:
8. Identify automation opportunities, lead updates to calculators and processes, and monitor operational concerns.
9. Evaluate and improve key operational processes, preparing business cases and leading implementations.
10. Reporting and Data Analysis:
11. Manage ongoing reports, identify gaps, and develop new reports for better insights.
12. Provide key insights and strategic recommendations based on data analysis.
13. Sales Support and Growth/Marketing:
14. Monitor sales tools, analyze marketing initiatives, and support growth strategies with data presentations.
15. Strategy Development and Execution:
16. Support lending and wealth strategies, develop presentation materials, and drive project execution.
17. Assist in external diligence activities.
18. Underwriting Support:
19. Serve as a key contact for underwriting processes and tools.

Qualifications:

• Bachelor’s degree in Business, Engineering, Math, or related field.
• 2-5+ years in financial services.
• Strong organizational, analytical, and communication skills.
• Proficient in MS Office.
• Customer-focused, proactive, and self-motivated.

What We Offer:

• Competitive bonus, RRSP match, benefits, employee share plan.
• Maternity/Parental top-up, generous vacation, professional development.
• Hybrid work from Toronto office at 2200-25 Ontario Street.

Equitable Bank values diversity and inclusion. We are committed to accessible recruitment and work environments. Candidates must pass background and credit checks. We look forward to your application!