Associate Director, REM Modelling

• Develop and maintain Reverse Mortgage stress testing methodologies and scenario frameworks.
• Support capital adequacy assessments related to reverse mortgage exposures.
• Quantify the impact of changes in property values, interest rates, longevity assumptions, and borrower behaviour on portfolio performance.
• Support enterprise stress testing and capital planning initiatives as they relate to the REM portfolio.

• Act as a subject matter expert on reverse mortgage analytics and actuarial modelling.
• Promote best practices across model development, governance, validation, and documentation.
• Evaluate emerging modelling methodologies, tools, and industry practices.
• Provide technical guidance and challenge to modelling initiatives across Risk Analytics.

• Develop strong relationships with leaders across Reverse Mortgages, Credit Risk, Finance, Treasury, Risk Management, and Technology.
• Translate complex modelling outputs into actionable business insights for senior stakeholders.
• Communicate model limitations, assumptions, risks, and results clearly to technical and non-technical audiences.
• Escalate significant risks, model limitations, and issues to senior management when required.

• Bachelor’s degree in actuarial science, Mathematics, Statistics, Economics, Financial Mathematics, Data Science, or a related quantitative discipline.
• Associate or Fellow actuarial designation (ACIA, FCIA, ASA, FSA or equivalent) strongly preferred.
• Master's degree in a quantitative discipline is considered an asset.
• 7+ years of experience in actuarial modelling, predictive analytics, risk modelling, or quantitative analytics within financial services.
• Experience developing forecasting and portfolio risk models.
• Strong understanding of actuarial methodologies including mortality, longevity, survival analysis, risk forecasting, and stochastic modelling.
• Experience working with mortgage, lending, insurance, or consumer finance portfolios considered a strong asset.
• Advanced knowledge of statistical modelling, predictive analytics, and machine learning techniques.

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.


EQB Inc. (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. 

To learn more, visit eqb.investorroom.com and eqbank.ca.