Analyst, Credit Risk Management

EQ Bank; Toronto; Hybrid; CAD 90,000 - 120,000; Full time

Benefits offered by this job

Bonus

RRSP match

Benefits package

ESPP

Maternity top-up

Vacation days

Virtual events

Career development

Challenger Bank experience

Job summary

EQ Bank, Canada's Challenger Bank, is seeking an Analyst in Credit Risk Management to oversee lending risk across single-family residential, reverse mortgage and consumer lending portfolios. This role emphasizes data-driven insights, governance, and cross‑functional collaboration with risk leadership.

Based in Toronto, the position is hybrid, combining in-office collaboration at EQ Bank's Toronto space with flexible remote work.

Responsibilities

• Execute independent credit risk oversight across mortgage, reverse mortgage, and consumer lending portfolios.
• Analyze, monitor, and report lending portfolio risk with geographic segmentation.
• Collaborate with second line of defense and first-line lending and credit teams.
• Support risk transformation with standardized analytics and AI-enabled tools.

Tools

Microsoft Copilot Studio

Job description

Join a Challenger

At EQ, we're remaking banking so every Canadian gets ahead, every day. Serving nearly 4 million Canadians from coast to coast, we offer a wide variety of financial services from banking and lending, to trust and credit union solutions.

We've been at this since 1970, challenging the conventions of traditional banking with smarter, faster, and more connected financial experiences.

What's kept us moving? The people behind it all: challengers who ask better questions, push back on old assumptions, and look for a better way forward.

If you're driven to help reshape how banking works for Canadians and the businesses that power our economy, this could be your next big opportunity.

We can’t wait to get to know you!

The Work

The Analyst, Credit Risk Management is responsible for executing independent credit risk oversight through the analysis, monitoring, and reporting of single-family residential mortgage, reverse mortgage and consumer lending portfolios, including lending tiers and segmentation by geographic region. The role plays a key part in strengthening enterprisewide consistency, transparency, and governance of lending risk by providing timely, data-driven insights to Risk leadership.

This role operates as part of the second line of defense and partners closely with first‑line lending and credit teams while maintaining independence of risk oversight. The role contributes to the Bank’s risk transformation agenda by enhancing analytical rigor, standardization, and reporting related to lending portfolio risk, including leveraging AI-enabled analytics and automation tools such as Microsoft Copilot Studio to improve efficiency and scalability.

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 EQ Bank’s additional office space located at 2200-25 Ontario Street, Toronto, ON.

Equity, Diversity & Inclusion

EQ is committed to building an inclusive, accessible environment where every employee feels valued, respected, and supported. We believe our organization is stronger — and our people thrive — when we honour and celebrate diverse experiences, identities, and perspectives. We’re equally committed to supporting your growth, both professionally and personally.

We provide a barrier‑free recruitment process and work environment. If you require accommodations at any stage, we will work with you to ensure you can bring your best self to the process and beyond.

As part of our recruitment process, EQ uses AI to help screen, assess, and/or select applicants for this position. All AI-enabled outputs are reviewed and validated by our talent team. All candidates considered for hire must successfully complete a criminal background check and credit check. While we appreciate every application, an EQ recruiter will contact only those whose skills and experience most closely match the requirements of the role.

EQB Inc. (TSX: EQB) is the parent company of Equitable Bank, the country's seventh-largest Schedule I bank by assets, which operates EQ Bank, Canada's Challenger Bank™. EQB Inc. serves nearly 4 million Canadians and manages approximately $150 billion in combined assets under management and administration.

To learn more, visit eqb.investorroom.com and eqbank.ca.