DB

Dan Broten

Head of EQ Bank

Toronto, Ontario

Overview 

Dan Broten is the Head of EQ Bank in Toronto, Ontario, with a background in IT strategy, program management, and cross-functional team leadership. He has held key roles at EQ Bank, Equitable Bank, Deloitte Digital, and Scotiabank, showcasing expertise in digital banking technology and capital markets systems. Broten's career highlights include serving as the SVP & Head of EQ Bank at Equitable Bank and leading various technology-related roles at BMO Financial Group, demonstrating a strong track record in business transformation and project delivery within the financial services industry.

Work Experience 

  • SVP & Head of EQ Bank

    2025 - Current

  • Chief Technology Officer

    2021 - 2025

  • Vice President Of Technology

    2019 - 2021

    Accountable for Equitable Bank's technology - all Application portfolios (incl. EQ Bank), through to IT Infrastructure & Operations. I challenge the status quo in banking - from being the first Canadian Core Bank in the public cloud (front to back) to transforming our businesses to be truly Digital.

  • Senior Director of Technology Delivery

    2017 - 2019

  • Digital Banking Technology Lead

    2014 - 2017

    • Led the Mobile & Web delivery to launch a new Digital Bank (EQ Bank), including: ideation and MVP strategy, user experience & research, functional requirements, architecture and system integration, development, launch support, and ongoing release management

  • Co-Founder, Technical and Product Lead

    2013 - 2014

    Hurrier (now Foodora) was an on-demand delivery service that made local products more accessible. Hurrier provided a seamless experience for customers, merchants and couriers through an integrated e-commerce platform. I was hands-on-keyboard to drive, design, code, and support the Rails based platform. • Defined company direction, vision, growth strategy and product roadmap to position the company to successfully receive early stage accelerator investment (Mar/14). • Designed and developed the Technology and Product, driving +100% growth and +21% increase in quality (timing commitments) over 4 months. • Applied lean methodologies to rapidly test assumptions and enhance technology and operations.

  • Consultant

    2013 - 2013

    Advised, defined and oversaw governance and execution of transformational changes (People, Process, and Technology) across Wire Payments.

  • Horizontal Integration Lead - US Acquisition & Integration

    2011 - 2013

    Created and oversaw a Program team to manage the system migration which merged two US Banks with over $120B in assets and 700 branches • Designed, staffed and led a team of 45 resources to manage Releases, Environments, Data Migration, integrated Conversion Testing and large-scale Implementation events for a ~$800MM integration • Established and governed execution of an integrated Conversion Playbook across 61 Business, Technology & Operations teams for the Conversion Event • Led the 3 month integrated Conversion Testing phase by defining the Test Strategy, introducing standardized tools and processes, and providing daily Governance and oversight across 50 projects • Proactively managed program issues and risks directly with C level executives • Delivered Conversion Strategy and Conversion Kick-off communications to bank-wide audiences

  • Head of Account Management, Technology - Equities, Asia and Common Capital Markets Systems

    2009 - 2011

    Primary relationship manager who oversaw technology service delivery for a Capital Markets portfolio, including scoping and initiation, project management, governance, vendor & contract management, and controlling of budgets. • Managed 22 Project Managers and Consultants to initiate and deliver over $40MM of annual technology projects in partnership with software integration and development teams • Technology delivery highlights included an Equity Order Management System, SalesForce.com CRM, AML/KYC Platform, Mid Office P&L Attribution, Back Office Straight Through Processing • As acting Program Manager, resolved critical issues and stabilized delivery of two large programs, including an international Core Banking implementation based out of China • Directly supported the Capital Markets CIO to centrally manage the Capital Markets fiscal technology budget and Executive portfolio reviews of top Technology delivery issues and risks

  • Sr. Business Consultant, Technology - Enterprise Risk & Portfolio Management

    2008 - 2009

    • As the Program Manager, successfully structured and delivered a Trading Products Risk program consisting of 27 business and technology initiatives to meet aggressive regulatory and board commitments • Managed the creation of an IT Strategy and 3 year Technology Roadmap across multiple Risk and Technology groups which successfully received board funding • Restructured two at risk programs from problematic to steady state

BMO is a prominent bank in North America, is to Grow the Good in both business and life Boldly.

  • Consultant

    2006 - 2008

    • Facilitated workshops with clients to define and streamline business requirements for a system that distributes over $2.4 billion to 600k clients every year • Led collaborative design sessions to align the proposed technical design with the client’s business needs for an $18MM IT transformation project • Designed a technical solution for two loan products which serve 100k clients with over $100M per year

Deloitte Tax is an advisory firm that provides tax preparation and advisory services.

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