Associate Product Manager, Growth Business

Equitable Group; Toronto; Hybrid; CAD 70,000 - 90,000; Full time

Job summary

A leading Challenger Bank in Canada is seeking an Associate Product Manager to support operations in Insurance Lending and Reverse Mortgages. The role involves product development, operational support, and data analysis, requiring strong analytical and communication skills. Join a collaborative team that values innovation and offers a hybrid work model in Toronto.

Benefits

Competitive bonus

RRSP matching

Comprehensive benefits

Employee share plan

Qualifications

• 2-5+ years in financial services.

Responsibilities

• Support daily operations for Insurance Lending and Reverse Mortgage.
• Collaborate with teams to align with strategic objectives.
• Manage regular reporting and refine automated reports.

Skills

Organizational Skills

Analytical Skills

Communication Skills

Customer Service Orientation

Education

Bachelor’s degree in Business

Bachelor’s degree in Engineering

Bachelor’s degree in Math

Tools

MS Office

Job description

Join a Challenger

We are a forward-thinking challenger bank that believes in innovating the banking experience to offer Canadians better options. Our team comprises inquisitive, agile minds committed to transforming banking through creativity and challenge. If you thrive on big challenges and redefining the future, you belong with us. We foster a fun, collaborative environment that encourages questions and continuous learning.

We are a growing family serving over 670,000 Canadians through Equitable Bank, Canada's Challenger Bank, with over 50 years of history. Our subsidiary, Concentra Bank, supports credit unions serving more than six million members. Together, we manage over $125 billion in assets and aim to drive positive change in Canadian banking. Our digital platform, EQ Bank (

eqbank.ca

), has been recognized on the Forbes World's Best Banks list since 2021.

The Work

The Associate Product Manager supports daily operations for the Insurance Lending and Reverse Mortgage businesses, including product evaluation, data analysis, operational enhancements, and project support. They maintain departmental guidelines and collaborate with cross-functional teams to align with strategic and compliance objectives, providing qualitative and quantitative insights to senior management.

The core responsibilities include:

• Product Development and Expansion:
• Collaborate with Product Managers, underwriters, and business leads to monitor industry trends and develop expertise in Canadian Insurance Lending and Reverse Mortgage markets.
• Identify and recommend new products or enhancements, conduct cost-benefit analyses, and lead discovery and market launch activities.
• Manage projects independently, acting as an owner and project lead when necessary, ensuring regulatory compliance and resource adequacy.

• Operational Support and Improvements:
• Identify opportunities for process automation and improvements, lead updates to calculators and tools, and monitor operational concerns for timely adjustments.

• Reporting and Data Analysis:
• Manage regular reporting, refine automated reports, identify gaps, and develop new reports to support business decisions.

• Sales Support and Marketing:
• Evaluate sales tools, analyze marketing initiatives, and present insights to guide strategies.

• Strategy Development and Execution:
• Assist in developing lending and wealth strategies, prepare materials for strategic meetings, and lead projects with internal stakeholders.

• Underwriting Support:
• Serve as the main contact for underwriting processes, documentation, 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.
• Proficiency in MS Office.
• Customer service orientation, initiative, and independence.

What We Offer

• Competitive bonus, RRSP matching, comprehensive benefits, employee share plan, and more.
• Hybrid work model at our Toronto office.

Equitable Bank values inclusion and diversity, providing accommodations throughout the recruitment process. All hires are subject to background and credit checks. We look forward to meeting you!