Intern - Credit Risk, Winter 2027

EQ Bank; Toronto; Hybrid; CAD 28,000 - 41,000; Part time

Benefits offered by this job

Competitive discretionary bonus

RRSP match program

Medical, dental, vision, life, and dis

Employee Share Purchase Plan

Maternity/Parental top-up

Generous vacation policy and personal 

Job summary

EQ Bank is seeking a candidate to join the portfolio management team within Customer Risk. You will extract data, build automation for reporting, and analyze how strategy changes affect risk models.

Collaborate across teams to implement improvements and learn the fundamentals of credit card risk management. This role emphasizes quantitative analysis, programming in PySpark/SQL/Python, and strong Excel skills.

Qualifications

• Academic focus in mathematics, statistics, business, or a quantitative discipline.
• Hands on programming experience with PySpark, SQL, or Python.
• Expert in MS Office, particularly Excel and PowerPoint.
• Detail oriented with ability to propose creative solutions.
• Ability to work under pressure and meet tight deadlines.
• Experience with MS Excel VBA is a plus.
• Ability to prioritize and work independently.
• Team player and results oriented.

Responsibilities

• Extract and prepare data for ad-hoc analysis and reporting using PySpark and SQL queries.
• Build automation processes for monthly and quarterly deliverables.
• Participate in analysis of business strategy impact on risk models.
• Create and track documentation for risk strategies, reporting, and analysis.
• Conduct risk strategy changes and implementations.
• Explore customer data and brainstorm improvements to existing risk strategies.

Skills

Mathematics/Statistics

Quantitative discipline

PySpark

SQL

Python

MS Excel

MS PowerPoint

Detail oriented

Under pressure

MS Excel VBA

Independent work

Team player

Education

Mathematics/Statistics/Business/Quantitative

Tools

PySpark

SQL

Python

Excel

VBA

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!

Work Term: January - April 2027

The successful candidate will work within the portfolio management team of the customer risk department. During their time with the bank, they will collaborate with the team to build new process efficiencies and aid with optimizing and implementing new risk strategies that will drive business growth and achieve strategic objectives. The successful candidate will learn the fundamentals of credit card industry, gaining insight on the importance of the role that the customer risk department plays within the bank.

The Core Responsibilities of the Job:

• Extract and prepare data for ad-hoc analysis and reporting using PySpark and SQL queries.


• Build automation processes for monthly and quarterly deliverables.


• Participate in the analysis of business strategy impact on risk management models.


• Create and track documentation for risk strategies, reporting, and analysis.


• Conduct risk strategy changes and risk strategy implementation.


• Explore different customer data and brainstorm potential improvement to the existing risk strategies

Let's Talk About You!

• An academic focus in mathematics, statistics, business, or a quantitative discipline.


• Hands on experience with programming languages such as PySpark, SQL, or Python.


• Expert in MS Office, particularly in Excel and PowerPoint.


• Detail oriented and an ability to propose creative solutions.


• Capability to work under pressure and meet tight deadlines.


• Previous experience with MS Excel VBA is a plus.


• Ability to prioritize and independently execute assigned work.


• Team player and results oriented.

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.