Join a Challenger

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. If you’re not afraid of taking on big challenges and redefining the future, you belong with us. You’ll get to work with people who will encourage you to reach new heights. We like to keep things fun, ask questions and learn together.

We are a big (and growing!) family. Overall we serve more than 370,000 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 5 million members. Together we have over $100 billion in combined assets under management and administration, with a clear mandate to drive change in Canadian banking to enrich people's lives. Our EQ Bank platform (eqbank.ca) has been named the top Schedule I Bank in Canada on the Forbes World's Best Banks 2022 and 2021 lists.

Work Term: May 2023 – August 2023

Why Equitable Bank?

If you're looking for a workplace where employees are passionate about their work environment, then read on. What sets Equitable Bank apart from other companies is its culture. We celebrate and embrace the fabric of diversity, the employee engagement process and collectively take pride in our business successes. Our commitment to our customers, our partners and our employees creates a stimulating and exciting atmosphere that generates innovative products and outstanding service quality.

If you are passionate about the financial services industry and are looking for experience that will both challenge and provide you with an opportunity to learn and grow then Equitable Bank is the place for you! During your internship you will not only learn about the Bank and the functions of your department, but you will have the opportunity to participate in various volunteer opportunities as well as team building activities for all interns in the program!

Purpose of Job

The Sales Operations & Strategy Associate - Intern will be responsible for supporting the Sales Operations & Strategy team on the development of new and ongoing strategic initiatives for the Single-Family mortgage (SFR) and Wealth. Initiatives can be varied and can include any of the following: new opportunity identification and evaluation, internal consulting, strategic planning, research, reporting & data analysis. These projects usually include cross-functional teams and contribute to the overall strategy and direction of the company and support senior executive and Board-level decision making.
If you are a keen problem-solver who has a passion for data analytics, project management, strategy and enjoys working with an awesome team to develop tangible business solutions, this role could be for you. A normal day in the life will involve the activities below.

Main Activities:

Business analysis and problem solving:
Use quantitative methods (i.e., Excel models, Access / SQL databases) to pull reports, develop insights and support strategic decision making
Perform financial analysis and modeling for potential opportunities
Support the development of business cases for new opportunities
Support the development of investment memo’s, storyboards, and formal presentation materials for new opportunities
Present key insights and recommendations based on research and data analysis
Fact gathering and research:
Conduct market research to support business unit and enterprise strategy (e.g., competitive position, product assessments, market sizing, etc.)
Scan various sources to identify, track, and monitor market and competitive trends
Perform interviews with internal and external parties to gather information and develop insights
Administrative and Operational Support:
Manage various initiatives and provide recommendations for process improvements / efficiencies within
Review the sales manuals and ensure all processes are updated and documented within
Support on event management and expense management with operational and administrative tasks as required

Knowledge/Skill Requirements:

Currently enrolled in University program (Finance, Business, Marketing is preferred)
Quick learner with the ability to multi-task; ability to handle multiple competing priorities
Excellent time management, analytical and problem-solving skills
Excellent oral and written communication skills
Strong business acumen with a passion for understanding and solving problems for our customers using quantitative / analytical approaches
Excellent interpersonal skills with the ability to work individually or as part of a team
Strong organizational skills with demonstrated ability to work under pressure and adhere to tight deadlines
Ability to prioritize assignments, projects, and multi-task within restricted time constraints
Strong attention to detail with the ability to review one’s own work
Experience with databases (e.g., SQL) and data visualization (e.g., Tableau, PowerBI)
Intermediate to Advanced MS Office Skills (Excel, PowerPoint, Word)

What we Offer:

Competitive pay
A modern work environment in Toronto, easily accessible by TTC
A fun, relaxed, diverse work environment

How To Apply

All applications must be submitted through our company website: https://jobs.lever.co/eqbank. Search for: Sales Operations & Strategy Associate – Intern
Please scan together and submit ONE DOCUMENT that includes your transcripts, resume and cover letter. Please note that if the application is not completed properly, it will not be accepted.

#LI-Hybrid

What we offer [For full-time permanent roles]

\uD83D\uDCB0 Competitive discretionary bonus

✨ Market leading RRSP match program

\uD83E\uDE7A Medical, dental, vision, life, and disability benefits

\uD83D\uDCDD Employee Share Purchase Plan

\uD83D\uDC76\uD83C\uDFFD Maternity/Parental top-up while you care for your little one

\uD83C\uDFDD Generous vacation policy, personal days and even a moving day

\uD83D\uDDA5 Virtual events to connect with your fellow colleagues

\uD83C\uDF93 Annual professional development allowance and a comprehensive Career Development program

\uD83D\uDC9B A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience

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!

Equitable Bank

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Sales Operations & Strategy Associate – Intern