Intern - Treasury Analyst, Winter 2027

EQ Bank | Equitable Bank; Toronto; Hybrid; CAD 60,000 - 90,000; Full 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

Career development program

Job summary

EQ Bank | Equitable Bank is seeking a Treasury Analyst for the January–April 2027 work term. Reporting to the Senior Treasury Manager, you will execute GIC operations, support daily treasury tasks, and contribute to analyses that drive risk-aware decisions.

You will work in a hybrid environment, collaborating with internal and external partners, and leveraging tools like Bloomberg, SQL, and Portfolio+ to manage cash and investments efficiently.

Qualifications

• Undergraduate degree in a relevant field.
• Knowledge of banking products including loans and deposits.

Responsibilities

• Execute daily, weekly, and monthly GIC operational activities (origination, pricing, journal entries).
• Maintain resilient treasury operations with strong controls.
• Optimize/re-engineer processes to simplify operations and improve outputs.
• Manage day-to-day cash/investment operations with stakeholders within risk limits.
• Serve as a backup for other Treasury processes and perform ad-hoc analyses.

Skills

Excel skills

SQL

SAS

Fixed income

Analytical skills

Communication skills

Education

Undergraduate degree in Business/Finance/Economics

Tools

Bloomberg

CANNEX

Portfolio+

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

Reporting to the Senior Treasury Manager, the Treasury Analyst will be responsible for the execution of processes supporting the bank's nominee broker deposit issuances, including pricing, payments, and managing key GIC life-cycle events. Furthermore, the individual will support other day-to-day treasury operations for the bank as well as various ad-hoc analyses. This role offers a great opportunity to deliver value by managing key Treasury operations while developing broader Treasury subject matter expertise.

The Core Responsibilities of the Job:

• Execute daily, weekly, and monthly GIC operational activities, including origination monitoring, pricing dashboards, and journal entries.


• Maintain resilient operations with effective controls.


• Optimize/re-engineer processes to simplify operations while upgrading outputs.


• Manage the day to day cash/ investment operations by effectively working with stakeholders to position the Bank within risk limits


• Act as a backup for other Treasury processes covered by team members.


• Execute various ad-hoc initiatives and analyses

Let's Talk About You!

• An undergraduate degree in a relevant field required. (Business, Finance, Economics, Mathematics, etc.])


• Knowledge of banking products such as loans and deposits and how they work.


• Exposure to capital markets, including the valuation and pricing of fixed income securities.


• Ability to breakdown processes to simplify/ re-engineer


• Strength in working collaboratively with internal/ external partners and maintaining these relationships.


• Strong Excel skills, including reconciliations and comfort working with data via tools such as SQL or SAS.


• Working with any of the following treasury activities considered an asset: Funding, Trading, Liquidity Risk Management, Market Risk Management, Capital Management, and Transfer Pricing.


• Bloomberg, CANNEX, and/or Portfolio+ experience considered assets.


• Exposure working in an OSFI regulated financial institution.


• Strong analytical and problem-solving skills, including comfort operating in a quantitative area.


• Good attention to detail, including a sense of ownership and ability to operate independently.


• Superior work-ethic and a hunger for continual learning.


• Good communication skills, including distilling data analysis into key findings.


• Highly driven to go above and beyond expectations

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.

We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses and identifying potential inconsistencies or verification signals in application materials based on available information. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.