Commercial Syndications Intern Summer 2025

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. 

The Work:

To assist the Commercial Syndications team with reporting, draw requests and overall syndication requests with the Credit Union channel. The Intern will be trained on all aspects of syndications, consisting of but not limited to reviewing and executing draw requests, responding to basic level inquiries in a timely manner. The Intern will also become familiar with the Bank’s established policies and procedures as well as federal compliance regulations while finding creative solutions to meet internal deadlines and provide support to the Commercial department.

The Core Responsibilities Of The Job:

• 60% on a daily basis, the Intern will assist with the preparation or dissemination of reporting, and handling CU inquiries, from ad hoc report requests to basic level query resolution. Review and analysis on reporting. The incumbent will also work with the portfolio department to assist in the point of contact with syndicated loans on their books. They will also provide critical feedback at the direction of the Senior Analyst or Senior Manager on workflow with the portfolio team. The incumbent will also work with the funding team to ensure the accurate funding of syndicated deals, as well as preparing fundings syndicated documents .
• 35% on a weekly basis, the Intern will assist with various administrative and sundry duties as assigned, such as reporting, procedure updates, pipeline management, and ad-hoc projects.
• 5% on a daily basis, the incumbent is responsible for time management of their workflow in order to meet prescribed deadlines

Let's Talk About You!

• Currently enrolled in a University or College program (Finance, Business, Accounting, Economics, or Data Science is preferred).
• Demonstrated ability using MS Office (Excel, PowerPoint, and Word).
• Use of MySQL, SQL Studio Management, and Python is not a prerequisite but is an asset.
• Strong organizational skills and demonstrated ability to work under pressure and adhere to tight deadlines.
• Strong attention to detail.
• Strong analytical skills.
• Excellent oral and written communication skills with the ability to respond in a clear, concise, and professional manner.
• Ability to handle multiple competing priorities.
• Ability to work in a fast-paced environment.
• Demonstrates strong self-learning abilities and is a fast learner.

How To Submit Your Application!

• You MUST be currently enrolled in school or going back to school in order to be considered for this role
• You must submit your resume, cover letter and unofficial transcript in order to be considered for this role. Incomplete applications, will NOT be considered

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

🎓  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!