Top Benefits
About the role
Who We Are HomeEquity Bank is a Schedule 1 Canadian chartered bank and the leading national provider of reverse mortgages, with a growing portfolio. As the only bank solely dedicated to serving homeowners 55 and up, we’re passionate about helping Canadian homeowners live retirement on their terms. We live that commitment every day, with a range of reverse mortgage solutions that include our flagship CHIP Reverse Mortgage™ product.
Our Values, Our Passion At HomeEquity Bank, our values drive and inspire our actions with our customers, our partners and each other.
- Customer-Focused. Passionate Advocates
- Courage to Act. Do the Right Thing
- One Team. One Vision
- Think Long-Term. Ever-Evolving
- Be Exceptional. Inspire Greatness
The Senior Pricing Manager is accountable for developing, executing, and continuously optimizing the organization’s pricing strategy. This role ensures that pricing practices are aligned with market conditions, organizational profitability targets, and overall risk appetite. The role will play a key role in driving strategic pricing decisions through rigorous market analysis, collaboration across functions, and ongoing model refinement.
MAJOR ELEMENTS OF THE ROLE Key Responsibilities
- Develop and lead the pricing strategy, ensuring alignment with strategic objectives, financial outcomes, market dynamics and risk tolerance.
- Drive alignment between pricing strategies and other business activities such as credit assessment, compensation programs and business plans.
- Analyze competitive intelligence, operational metrics, industry trends, and market data to inform pricing decisions and identify opportunities for strategic adjustments.
- Prepare regular reports, including dashboards and other data visualization tools to track the profitability and other key performance indicators related to pricing and profitability.
- Ensure integration of key factors, including funding costs, consumer demand, and risk exposures into pricing framework.
- Support new product development by developing pricing models, ensuring that margin is optimized and ensuring pricing in consistent between various product lines.
- Refine and maintain pricing models, incorporating feedback from internal stakeholders and ensuring that margin is preserved across products and client segments.
- Partner closely with Sales, Marketing, Treasury, Operations, and Risk teams to align strategies with Product plans and profitability goals.
Skills And Experience Required
- Undergraduate degree in Finance, Economics, Business, or a related field. Related experience will also be considered. Post-graduate degree or other related designations e.g. CFA, Financial Risk Manager (FRM) an asset.
- 5+ years of professional work experience within a regulated financial institution
- Strong knowledge of mortgage lending practices, pricing strategies, and risk management techniques.
- Strong communication skills (written and oral) with the ability to understand and translate complex technical issues into business impact.
- Self-motivated and able to work independently and as part of a team having a “hands on” approach as well as appreciate diversity of thought and opinions.
- Strong analytical skills with the ability to synthesize complex data into actionable insights and recommendations.
WORKING CONDITIONS UNIQUE TO JOB
- Hybrid work environment
WHY WORK AT HOMEEQUITY BANK? Great Environment HomeEquity Bank offers a hybrid working environment supported with a culture of flexibility – an approach that is unique to each person, and that enables both business and individual needs to be met in a mutually beneficial way.
We pride ourselves in recognizing and celebrating performance, community service, teamwork, and diversity among our employees.
A Dynamic Culture – With People at the Centre We believe our people make all the difference; our tireless commitment to inclusivity, professional development, and employee experience has been recognized through awards including the Greater Toronto’s Top Employers 2024,Waterstone Canada's Most Admired Corporate Cultures 2022-2023, the Globe and Mail's Report on Business: Canada's Top Growing Companies 2022 (third year since 2019), Canadian's Mortgage Professional (CMP) Top Mortgage Employer 2023 for the third year in a row and Achievers Top 50 Most Engaged Workplaces 2023.
Growth and Opportunities We provide challenging and rewarding careers in a wide variety of fields. We continuously develop and train our employees through professional growth opportunities and on-the-job training. We also encourage our employees to develop professionally and personally though a series of career developing programs including our Educational Assistance Program, designed to reimburse costs related to professional learning and development.
Celebrating Great Work and People We believe in an environment that celebrates success, knowledge, leadership, and work that is inspired by our core values. For these reasons, we have created several programs that make it easy for our employees to say ‘great job’ to their colleagues and leaders.
From our Appreciate! Program to the High Five Award Program and President’s Award Program, we recognize professional achievement with a variety of rewards including points towards gift cards, merchandise, and travel experiences, as well as group RRSP/DPSP contributions and more.
Our Community Leadership Program recognizes employees who make a positive impact in their communities through volunteer work with a grant for their charity of choice. Additionally, we provide employees with one paid day off each year to volunteer at their favourite local charity.
The Perks
- HomeEquity Bank offers a competitive total rewards package that includes:
- Extended health and dental benefits
- Employee & Family Assistance Program
- Employer-Matched Group Retirement Savings Plan
- Employee Share Investment Plan
- Well-being initiatives including: a wellness account; virtual self-care programs and extended mental health benefits
- Employee corporate discount for GoodLife Fitness
HomeEquity Bank is committed to an inclusive, equitable and accessible workplace. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.
Please note that our successful candidate is required to complete a background check.
Stay in the Know About Find out what we’re up to online, and learn more about what makes HomeEquity Bank a great place to work:
Youtube
Chip.ca
Join Us! If you’re ready to build the future of reverse mortgages, we want to hear from you.
About HomeEquity Bank
HomeEquity Bank is a Schedule I Canadian bank and is the only provider exclusively focused on reverse mortgages for homeowners aged 55 and over. HomeEquity Bank is a privately held company and helps Canadians live retirement their way by providing a safe, secure, and easy way to access the equity they’ve built up in their homes through their financial solutions, the CHIP Reverse Mortgage® and Income Advantage®.
HomeEquity Bank has been the leader of reverse mortgages in Canada since its inception in 1986. HomeEquity Bank has an effective direct-to-consumer distribution model as well as a well-established network of referral partners. This extensive partner network includes all major Canadian banks, credit unions, mortgage brokers, and financial planning firms.
Top Benefits
About the role
Who We Are HomeEquity Bank is a Schedule 1 Canadian chartered bank and the leading national provider of reverse mortgages, with a growing portfolio. As the only bank solely dedicated to serving homeowners 55 and up, we’re passionate about helping Canadian homeowners live retirement on their terms. We live that commitment every day, with a range of reverse mortgage solutions that include our flagship CHIP Reverse Mortgage™ product.
Our Values, Our Passion At HomeEquity Bank, our values drive and inspire our actions with our customers, our partners and each other.
- Customer-Focused. Passionate Advocates
- Courage to Act. Do the Right Thing
- One Team. One Vision
- Think Long-Term. Ever-Evolving
- Be Exceptional. Inspire Greatness
The Senior Pricing Manager is accountable for developing, executing, and continuously optimizing the organization’s pricing strategy. This role ensures that pricing practices are aligned with market conditions, organizational profitability targets, and overall risk appetite. The role will play a key role in driving strategic pricing decisions through rigorous market analysis, collaboration across functions, and ongoing model refinement.
MAJOR ELEMENTS OF THE ROLE Key Responsibilities
- Develop and lead the pricing strategy, ensuring alignment with strategic objectives, financial outcomes, market dynamics and risk tolerance.
- Drive alignment between pricing strategies and other business activities such as credit assessment, compensation programs and business plans.
- Analyze competitive intelligence, operational metrics, industry trends, and market data to inform pricing decisions and identify opportunities for strategic adjustments.
- Prepare regular reports, including dashboards and other data visualization tools to track the profitability and other key performance indicators related to pricing and profitability.
- Ensure integration of key factors, including funding costs, consumer demand, and risk exposures into pricing framework.
- Support new product development by developing pricing models, ensuring that margin is optimized and ensuring pricing in consistent between various product lines.
- Refine and maintain pricing models, incorporating feedback from internal stakeholders and ensuring that margin is preserved across products and client segments.
- Partner closely with Sales, Marketing, Treasury, Operations, and Risk teams to align strategies with Product plans and profitability goals.
Skills And Experience Required
- Undergraduate degree in Finance, Economics, Business, or a related field. Related experience will also be considered. Post-graduate degree or other related designations e.g. CFA, Financial Risk Manager (FRM) an asset.
- 5+ years of professional work experience within a regulated financial institution
- Strong knowledge of mortgage lending practices, pricing strategies, and risk management techniques.
- Strong communication skills (written and oral) with the ability to understand and translate complex technical issues into business impact.
- Self-motivated and able to work independently and as part of a team having a “hands on” approach as well as appreciate diversity of thought and opinions.
- Strong analytical skills with the ability to synthesize complex data into actionable insights and recommendations.
WORKING CONDITIONS UNIQUE TO JOB
- Hybrid work environment
WHY WORK AT HOMEEQUITY BANK? Great Environment HomeEquity Bank offers a hybrid working environment supported with a culture of flexibility – an approach that is unique to each person, and that enables both business and individual needs to be met in a mutually beneficial way.
We pride ourselves in recognizing and celebrating performance, community service, teamwork, and diversity among our employees.
A Dynamic Culture – With People at the Centre We believe our people make all the difference; our tireless commitment to inclusivity, professional development, and employee experience has been recognized through awards including the Greater Toronto’s Top Employers 2024,Waterstone Canada's Most Admired Corporate Cultures 2022-2023, the Globe and Mail's Report on Business: Canada's Top Growing Companies 2022 (third year since 2019), Canadian's Mortgage Professional (CMP) Top Mortgage Employer 2023 for the third year in a row and Achievers Top 50 Most Engaged Workplaces 2023.
Growth and Opportunities We provide challenging and rewarding careers in a wide variety of fields. We continuously develop and train our employees through professional growth opportunities and on-the-job training. We also encourage our employees to develop professionally and personally though a series of career developing programs including our Educational Assistance Program, designed to reimburse costs related to professional learning and development.
Celebrating Great Work and People We believe in an environment that celebrates success, knowledge, leadership, and work that is inspired by our core values. For these reasons, we have created several programs that make it easy for our employees to say ‘great job’ to their colleagues and leaders.
From our Appreciate! Program to the High Five Award Program and President’s Award Program, we recognize professional achievement with a variety of rewards including points towards gift cards, merchandise, and travel experiences, as well as group RRSP/DPSP contributions and more.
Our Community Leadership Program recognizes employees who make a positive impact in their communities through volunteer work with a grant for their charity of choice. Additionally, we provide employees with one paid day off each year to volunteer at their favourite local charity.
The Perks
- HomeEquity Bank offers a competitive total rewards package that includes:
- Extended health and dental benefits
- Employee & Family Assistance Program
- Employer-Matched Group Retirement Savings Plan
- Employee Share Investment Plan
- Well-being initiatives including: a wellness account; virtual self-care programs and extended mental health benefits
- Employee corporate discount for GoodLife Fitness
HomeEquity Bank is committed to an inclusive, equitable and accessible workplace. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.
Please note that our successful candidate is required to complete a background check.
Stay in the Know About Find out what we’re up to online, and learn more about what makes HomeEquity Bank a great place to work:
Youtube
Chip.ca
Join Us! If you’re ready to build the future of reverse mortgages, we want to hear from you.
About HomeEquity Bank
HomeEquity Bank is a Schedule I Canadian bank and is the only provider exclusively focused on reverse mortgages for homeowners aged 55 and over. HomeEquity Bank is a privately held company and helps Canadians live retirement their way by providing a safe, secure, and easy way to access the equity they’ve built up in their homes through their financial solutions, the CHIP Reverse Mortgage® and Income Advantage®.
HomeEquity Bank has been the leader of reverse mortgages in Canada since its inception in 1986. HomeEquity Bank has an effective direct-to-consumer distribution model as well as a well-established network of referral partners. This extensive partner network includes all major Canadian banks, credit unions, mortgage brokers, and financial planning firms.