Join a Challenger
Being a traditional bank just isn’t our thing, so we challenge ourselves to get creative in providing innovative banking solutions for Canadians.
How do we get there? With a talented team of inquisitive and agile challengers that break through the status quo. So, if you’re passionate about redefining the future of banking—while having fun—this could be your next big opportunity.
Our company continues to grow, and today we serve more than 780,000 customers across Canada through Equitable Bank, Canada's Challenger Bank™, and have been around for more than 50 years. Equitable Bank's wholly-owned subsidiary, Concentra Bank, supports credit unions across Canada that serve more than six million members. Together we have over $138 billion in combined assets under management and administration, with a clear mandate to drive change in Canadian banking to enrich people's lives. Our customers have named our EQ Bank digital platform (eqbank.ca) one of the top banks in Canada on the Forbes World's Best Banks list since 2021.
Work Term: May - December 2026
The Residential Lending Strategy Intern will be responsible for supporting Mortgage Retention and HELOC strategies and initiatives to drive maximum customer retention and growth of our Home Equity Line of Credit (HELOC) product. They will contribute alongside cross functional teams to support overall strategy and direction of the business unit. The successful candidate will use analytical abilities to provide both qualitative and quantitative input supporting the development of recommendations to drive strategy and growth.
The Core Responsibilities of the Job
Strategic Initiatives & Decision Making
Assist in the discovery and planning for a range of strategic and tactical business topics (e.g. customer retention, portfolio growth, pricing, operational efficiency, regulatory, etc.)
Support the development of business cases for new opportunities including qualitative fact finding and quantitative modeling for new initiatives
Develop familiarity with internal systems and gather relevant data from various internal sources
Support execution of product improvements or initiatives
Portfolio Reporting & Insights
Ideate, design, build, and manage dashboards (PowerBI and Excel) that consolidate portfolio metrics for operational and strategic decision making
Develop and communicate presentation materials with key data and portfolio insights
Support the refinement of processes that enable quicker turnaround on analysis
Support quantitative methods (e.g. Excel models) to develop insights that drive decision making
Cross-functional data support & investigations
Support requests from cross-functional teams to provide data or analysis to enable them to make data-driven decisions
Support strategic planning (e.g. financial modeling, market research, development of presentation materials, etc.)
Present key insights and recommendations based on research and data analysis
Let's Talk About You!
Currently enrolled in University or College program (Finance, Business, Accounting or Economics is preferred)
Extensive working knowledge of MS Office (Word, Excel, Outlook, Power Point, SQL)
Strong analytical skills
Strong organizational skills
Ability to handle multiple competing priorities
Good time management skills
Highly developed verbal and written communication skills with the ability to respond in a clear, concise, and professional manner
How to Submit Your Application
In ONE document, please submit your transcript and resume. Failure to do so will result in your application not being considered.
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 Equitable Bank’s additional office space located at 2200-25 Ontario Street, Toronto, ON.
Equitable Bank is deeply committed to inclusion. Our organization is stronger and our employees thrive when we honour and celebrate everyone’s diverse experiences and perspectives. In tandem with that commitment, we support and encourage our staff to grow not just in their career path, but personally as well.
We commit to providing a barrier-free recruitment process and work environment for all applicants. Please let us know of any accommodations needed so that you can bring your best self to the application process and beyond. All candidates considered for hire must successfully pass a criminal background check and credit check to qualify for hire. While we appreciate your interest in applying, an Equitable recruiter will only contact leading candidates whose skills and qualifications closely match the requirements of the position.
We can’t wait to get to know you!
