Senior Payroll Specialist

EQ Bank; Toronto; Hybrid; CAD 85,000 - 110,000; Full time

Benefits offered by this job

Competitive bonus

RRSP match

Benefits

Employee Stock Purchase

Parental top-up

Vacation days

Career development

Job summary

EQ Bank in Toronto, Ontario, is seeking a Senior Payroll Specialist to lead end-to-end payroll across multiple Canadian entities. This role requires delivering accurate, compliant payroll within a modern operating model and partnering with Finance, HR, Tax, Benefits, and vendors to ensure payroll integrity.

The position is hybrid, with in-office time at EQ Bank’s Toronto space. We offer a competitive bonus, RRSP match, comprehensive benefits, and a clear career development path within a leading

Responsibilities

• Lead end-to-end payroll across multiple Canadian entities.
• Ensure compliance, audit readiness, and control effectiveness.
• Collaborate with Finance, HR, Tax, Benefits, vendors, and leadership.

Job description

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.

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. What's kept us moving? The people behind it all: challengers who ask better questions, push back on old assumptions, and look for a better way forward. 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. We can’t wait to get to know you!

Purpose of the role

The Senior Payroll Specialist is a senior individual contributor and payroll operations lead responsible for delivering accurate, compliant, and well-controlled payroll across multiple Canadian legal entities in a modern, lean payroll operating model.

This role goes beyond payroll processing. The incumbent is accountable for end-to-end payroll execution, payroll accounting, statutory compliance, audit readiness, control effectiveness, issue prevention, and continuous improvement. Operating with a high degree of autonomy, the Senior Payroll Specialist serves as the escalation point for complex payroll matters and partners closely with Finance, HR, Tax, Benefits, vendors, and leadership.

The role is expected to identify risks before they result in payroll errors, perform root cause analysis when issues arise, implement sustainable corrective actions, and strengthen payroll processes through documentation, controls, automation, and proactive governance.

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.

We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses and identifying potential inconsistencies or verification signals in application materials based on available information. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.