Leadership Development Program - Rotational Associate – September 2025 Start

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 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.

Leadership Development Program

Equitable Bank has an opportunity for 4 - 6 Associates to join our Rotational Leadership Development Program beginning September 2025.

The Rotational Leadership Development Program is a two-year program that provides the unique opportunity to gain exposure in six different areas of operations at Equitable Bank.

This program offers participants the opportunity to learn key skills in credit within the Commercial Mortgage Department, experience in Residential Strategy, and behind the scenes marketing analysis and technology within Digital Banking.

This Program is also designed to allow our Associates the opportunity to explore their choice of three elective business units which include a selection from :

• Corporate Finance
• Enterprise Risk Management (ERM)
• Strategy & Corporate Development
• Investor Relations (IR)
• Growth Business Strategy

Rotations Overview

The following is a brief overview of each rotation that includes only some of the functions you will participate in but is not inclusive of all.

In Commercial Mortgage Credit you will partake in credit analysis, with an understanding of the near prime and prime financial markets.

As an underwriter, you look at credit reports, property appraisals, third party reports and make decisions on whether to recommend a loan for approval.

There will be networking with brokers and other external business partners along with various staff within the Commercial Lending group.

You will have the opportunity to work on your own deals, seek approvals, and gain insight on the commercial and multi-residential real estate markets.

In Specialized Finance, the LDP will be responsible for assisting in all aspects of portfolio administration and writing credit risk analyses.

The key focus will be placed on real estate and non-real estate secured operating lines of credit, equipment financing, and portfolio acquisitions.

The LDP will be trained on all aspects of underwriting the loans including analysis of market, operational, and credit risk factors inherent in the lending decision.

The LDP will also become familiar with new deal flow, operational requirements, and funding / reconciliation mechanics. You will have the opportunity to work on your own deals, seek approvals, and network with business partners.

In Residential Strategy , you will support the development and execution of strategy for the Bank’s Single Family Residential Lending department.

You will have the opportunity to start developing a cohesive strategic toolkit, and play a key role in : 1) Conducting market research to support business unit strategy (e.

g. competitive positioning, product assessments, market sizing, industry trends), 2) Supporting the analysis and business casing for new opportunities and strategic initiatives, 3) Developing executive level presentations for the Bank’s C-Suite and Board of Directors, and 4) Creating mission critical reporting and dashboards using PowerBI and SQL (we’ll teach you how!).

The team is invested in your success and takes your development seriously. We have a structured training and onboarding plan to support your development and ownership of key initiatives as the rotation progresses (dependent on business needs and always with help and support of senior team members).

In Digital Banking , you will be working in either the Customer Experience, Analytics & Insights, or Payments team based on business needs .

In Customer Experience , you can expect to be thinking about how we can better serve our customers as a bank via our online banking platform, mobile app and other touchpoints, such as the call centre.

This may involve doing customer research, customer journey mapping and competitive scans to find opportunities for improvements or new offerings.

You’ll be involved in Design Thinking workshops with participants across Digital Banking functions. You may then assist in the evaluation of these opportunities both qualitatively through user testing research, as well as quantitatively through surveys and light financial modeling.

On the Analytics & Insights Team, you will work on high impact business problems, ranging from investigative analysis to predictive solutions across different business verticals of marketing, call center, mortgage business & Fraud.

This will enable you to develop your data analytical skills to get to actionable insights, and then work with cross-functional team to implement your recommendations.

On the Payments team, you will work on developing the Digital Payments strategy. A key component of this will involve understanding the Global / Canadian trends and its impact on Canadian payment landscape.

You will work on putting together competitive landscape benchmarking, understanding innovations across markets in digital payments and providing qualitative & quantitative input supporting the business case for new product rollouts.

Under the broader umbrella of Finance, we have Financial Planning & Analysis (FP&A) .Within the FP&A team, you will be involved in preparing management reporting and analysis related to portfolio performance and financial results;

executive committee and board meeting presentations; MD&A commentary for quarterly and annual reports; and conduct financial modelling and analysis, largely related to the budget and forecast process.

In the Enterprise Risk Management (ERM) rotation you will review credit risk and the impacts to IFRS 9, AIRB, and Stress Testing.

There will be opportunities to refine your technical skills in SQL, Python, and develop analytics tools for Risk Management.

As part of the Strategy & Corporate Development team, you will work on initiatives that cut across all business units within Equitable Bank, with a focus on strategic growth initiatives and enterprise-wide planning.

This work brings together skillsets across internal consulting, strategy, investment banking, and stakeholder management.

As an associate on this high paced and high-impact team, you will build skills such as financial analysis and modelling, executive level communication, strategic thinking, and problem solving.

Investor Relations :

Investor Relations has a key role of communicating EQB’s value proposition to the investor community. LDP Associates will be primarily responsible for supporting a variety of Investor Relations related efforts, which could include preparing quarterly earnings presentations, updating equity analyst models (for consensus) and competitive benchmarking against peer banks.

From time to time, Associates may be expected to attend the Analyst & Investor meetings to take notes and to prepare for those meetings in advance (i.

e., updating investor marketing presentations and creating one-pagers on investor profile). Throughout the rotation, LDP Associates will gain a strong understanding of a bank’s financial statements and operations, as well as a deeper understanding of the Canadian banking landscape

In Growth Business Strategy , you will support the team to grow the two decumulation stage products we offer (Reverse Mortgages and Insurance Lending).

This may involve competitive landscape assessment, underwriting tool updates, market expansion, product innovations, and channel growth.

If you’re looking for a growing and entrepreneurial team, where you can combine strategy, product, and learn the operations, this may be the role for you.

Qualifications :

• Enrolled in your final year of an undergraduate degree in a business or a related field from an accredited University
• Academic excellence, business acumen, and leadership ability
• Excellent analytical, problem-solving skills and communication skills
• Strong interpersonal and relationship management skills
• High involvement in extracurricular activities

How To Correctly Submit Your Application

• All applications must be submitted through our company website : https : / / jobs.lever.co / eqbank . Search for : Leadership Development Program Rotational Associate September 2025
• Please note that you must be in your final year of undergraduate studies. Applications from students who have already graduated will not be accepted
• Please 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.

Applications are due September 11, 2024, at 11 : 59 PM EST.

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, personal days and even a moving day

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 351 King Street East, 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!