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Associate Director Jobs in Ontario (NOW HIRING)

HollisWealth

Disability Associate Director

Toronto, ON · Hybrid

Reporting to the Director of Disability Management, you will establish and maintain a high-performance culture and lead a team of specialists who support our disability claims management service ...

WES

Associate Director, Content Marketing

Toronto, ON · Remote

CA$102K - CA$130K/yr

Associate Director, Content Marketing Department: Marketing Reporting to: Senior Director, Business Development & Marketing Location: Remote - Canada (Candidates based in British Columbia, Alberta ...

Omnicom

Associate Director, Digital

Toronto, ON · Hybrid

... directed by their agency or manager. Our objective is to increase this requirement over time, and many of our agencies as well as Omnicom's corporate group already require five days of in-office ...

ICF

Associate Director, Energy Consulting

Ottawa, ON · On-site +1

Associate Director, Energy Consulting Location: Must be based out of Toronto, ON or Ottawa, ON (Remote) Ready to make a difference? Come work for ICF, where we combine passion for our work with ...

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Associate Director information

What is an associate director?

An Associate Director is a mid- to senior-level management professional who assists the Director in overseeing a department or division within an organization. They help develop strategic plans, manage teams, and ensure projects and initiatives align with organizational goals. Associate Directors often serve as a bridge between upper management and staff, taking on both leadership and operational responsibilities. Their role may also involve budgeting, performance evaluations, and representing the department in meetings. The specific duties can vary depending on the industry and organization.

What are the key skills and qualifications needed to thrive as an associate director?

To thrive as an Associate Director, you need strong leadership, strategic planning, and project management skills, typically supported by a relevant bachelor's or master's degree and significant industry experience. Familiarity with budgeting software, CRM systems, and data analysis tools is often required, along with certifications like PMP depending on the sector. Exceptional communication, collaboration, and decision-making abilities help drive teams and projects forward while building strong stakeholder relationships. These skills and qualities are crucial for ensuring organizational goals are met efficiently and for successfully managing complex initiatives across departments.

How does an associate director typically balance strategic planning with day-to-day operational responsibilities?

Associate Directors are often tasked with both setting long-term strategies and ensuring smooth daily operations. Balancing these responsibilities requires effective time management, delegation, and constant communication with their teams. They usually spend part of their week in meetings focused on organizational goals and performance metrics, while allocating time to oversee project execution and resolve immediate challenges. This dual focus allows them to ensure that their team's work aligns with broader company objectives and that operational issues are addressed promptly.

What is the difference between Associate Director vs Project Manager?

AspectAssociate DirectorProject Manager
Required CredentialsBachelor's degree, often advanced degrees or certifications in management or industry-specific fieldsBachelor's degree, PMP or similar project management certifications often preferred
Work EnvironmentStrategic planning, overseeing departments, collaborating with senior leadershipPlanning, executing, and closing projects within scope, time, and budget
Employer & Industry UsageCommon in corporate, nonprofit, and academic settings for leadership rolesWidely used across industries for managing specific projects

While both roles require strong organizational skills, the Associate Director focuses on strategic oversight and departmental leadership, whereas the Project Manager concentrates on executing specific projects. The Associate Director typically has broader responsibilities and higher-level decision-making authority.

Is an associate director a high position?

An associate director is a senior management role that typically involves overseeing departments or projects and supporting the director. It is considered a high-level position within organizations, often requiring leadership skills and industry experience.

What are the most commonly searched types of Director jobs in Ontario?

The most popular types of Director jobs in Ontario are:

What job categories do people searching Associate Director jobs in Ontario look for?

The top searched job categories for Associate Director jobs in Ontario are:

What cities in Ontario are hiring for Associate Director jobs?

Cities in Ontario with the most Associate Director job openings:

Associate Director jobs near you
Infographic showing various Associate Director job openings in Ontario as of August 2026, with employment types broken down into 1% As Needed, 64% Full Time, 33% Part Time, 1% Temporary, and 1% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution.

Associate Director, REM Modelling

EQ Bank | Canada's Challenger Bank

Toronto, ON • On-site

Full-time

Medical, Dental, Vision, Life, PTO

Posted 29 days ago

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. 
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! 


The Work
 

The Associate Director, REM Modelling ("ADRM") is responsible for the development, enhancement, implementation, and ongoing monitoring of quantitative models supporting the Bank's Reverse Mortgage (REM) business. The role provides actuarial and analytical leadership across portfolio forecasting, risk quantification, capital assessment, stress testing, pricing analytics, and strategic business decision-making.

The incumbent will be a subject matter expert in reverse mortgage modelling, leveraging advanced actuarial, statistical, and predictive analytics techniques to assess portfolio performance and emerging risks. The role requires significant hands-on actuarial modelling experience, including the application of mortality, longevity, survival, and stochastic modelling techniques in a financial services environment.  The role partners closely with the Reverse Mortgage business, Credit Risk, Finance, Treasury, Model Risk Management (MRM), and other stakeholders to support profitable growth, effective risk management, and regulatory compliance.

The Associate Director will be accountable for ensuring modelling methodologies are robust, well-documented, independently reviewable, and aligned with internal model governance standards.

Core Responsibilities

Model Development & Portfolio Analytics

  • Lead the development, enhancement, and ongoing maintenance of quantitative models supporting the Reverse Mortgage portfolio.
  • Develop forecasting models for reverse mortgage balances, portfolio growth, loan-to-value (LTV) evolution, profitability, and portfolio performance.
  • Design and maintain actuarial and predictive models related to borrower longevity, mortality, voluntary move-out behaviour, prepayment activity, and property disposition assumptions.
  • Develop and maintain house price appreciation and property value forecasting methodologies supporting portfolio risk assessments.
  • Build analytical frameworks used to evaluate capital requirements, stress testing outcomes, and portfolio resilience under adverse economic scenarios.
  • Develop behavioural and scenario-based forecasting models to support strategic planning, budgeting, and long-range business forecasts.
  • Assess emerging trends and risks impacting the reverse mortgage portfolio, including housing market dynamics, demographic changes, longevity risk, and interest rate environments.
  • Perform model recalibrations, performance monitoring, back-testing, benchmarking, and remediation activities.
  • Develop risk-based pricing analytics and profitability models to support business strategy and product optimization.
  • Support portfolio management and business decision-making through advanced analytics and risk insights.
  • Partner with Technology and Data teams to implement modelling solutions within production environments.
  • Ensure model documentation is complete, transparent, and validation-ready.
  • Support internal audits, regulatory reviews, and model validation activities by providing technical expertise and documentation.

 

Capital & Stress Testing

  • 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.

 

Technical Leadership

  • 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.

 

Stakeholder Relationship Management

  • 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.
Let's Talk About You

 

  • 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.
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 barrierfree 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.

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.
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