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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 670,000 people 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 $125 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.
The Work Term:
8-month Co-op Term: September 2nd 2025 - April 24th 2026
This is an exciting opportunity in a high-impact role to work with the Financial Planning and Analysis (FP&A) team at EQB, helping prepare business cases for new initiatives, forecast financials, and prepare monthly financial reports in support of the broader mission and ambitious growth trajectory. This internship will provide valuable exposure to FP&A financial reporting frameworks, regulatory requirements, and the role of the CFO organization in the financial sector. Key deliverables include business unit profit & loss reporting, mortgage dashboards, and board material preparation.
What’s in it for you?
Being a traditional bank just isn’t our thing. We are big believers in innovating the banking experience because we believe Canadians deserve better options, and we challenge ourselves and our teams to creatively transform what’s possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing things. You’ll get to work with people who will encourage you to reach new heights.
At EQB we also like to keep things fun with lots of opportunities to get engaged, make new friends and learn. You will have opportunities to:
· Interact with leaders who support your development through coaching and managing
· Network and build lasting relationships with colleagues from diverse backgrounds
· Make a difference and lasting impact through meaningful work
· Work in a dynamic, collaborative, progressive, and high-performing team
The Core Responsibilities Of The Job:
- Support the FP&A leadership team in the development of business line reporting, analytics and forecasting
- Run detailed financial models/ templates, liaise with various business units and extract and work with data from various information sources
- Proactively find ways to improve the technical accuracy, validation and organization of financial models
- Support management in the evaluation of new information reporting requests and assist in the design, development and operationalization of reporting solutions that fulfill these requirements
- Assist in organizing and maintaining documentation of reporting processes and controls
Let's Talk About You!
- Working towards a Bachelor or Master’s degree in Finance, Business Administration, Accounting, or other related field
- Strong personal skills and ability to work effectively independently and within a team environment
- Professional written and verbal communication skills
- Good analytical, communication and problem solving skills
- Highly organized with good attention to detail and very high level of accuracy
- Ability to prioritize, handle multiple tasks under pressure and meet time-sensitive deadlines
- Nice to Have:
- Knowledge and understanding of financial reporting and key financial metrics (e.g., ROE, EPS, etc.)
- Proficient in Microsoft Products, including Excel, Word, PowerPoint, PowerBI
- Previous experience working with a tech start-up, digital financial institution
How To Submit Your Application!
- In order to be eligible for this student position, you must be returning back to school after the work term end-date; or If you are not returning back to school (i.e. are graduating immediately after the work term), you must require the full work term as a mandatory component in order to graduate successfully
- You MUST submit your application with your resume, cover letter and unofficial transcript
- Deadline to apply is May 23rd 2025
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
🎓 Annual professional development allowance and a 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!
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