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 Credit Risk Intern will report to the Senior Manager of Credit Risk and work closely with Credit Risk Analysts, Associates, and Managers. While this role does not carry decision making authority, the intern is accountable for producing accurate analysis, maintaining data integrity, and adhering to internal risk management and governance standards.
The work supported by this role contributes to understanding transaction-level and portfolio risk and supporting sound credit risk management practices across the Bank.
The Credit Risk Intern will support operational and transformation initiatives within the Credit Risk department, primarily:
- Assist in the automation (through AI) of IFRS 9 controls/checks for audit purposes and
- Assisting other Credit Risk teams (e.g. Retail Lending Quality Assurance) with the enablement of Artificial Intelligence (“AI”) tools in select functions.
The ideal candidate has a strong interest in process improvement and technology with a desire for exposure to a business/finance/risk environment.
The Core Responsibilities of the Job:
- Electronic document organization (leveraging technology when possible)
- Support solutioning for electronic document organization and automation
- Assist with process improvements and procedures as well as documentation of such.
- Support Credit Risk teams with the setup and adoption of AI tools within select functions, including organizing inputs, testing use cases, and documenting outputs.
- Assist with identifying opportunities where AI tools can improve efficiency, documentation, or analysis within Credit Risk processes.
- Support basic experimentation and learning related to AI-enabled workflows under guidance from Risk and Data partners.
- Assist with process improvements and procedures as well as documentation of such.
Electronic Document Organization and Solutioning
AI Enablement & Process Support
Let's Talk About You!
- Currently pursuing a Bachelor’s or Master degree in Management Information Systems (Library and Information Science), Systems Engineering, Computer Science, or a related field.
- 3M to 1 yr of exposure to Microsoft SharePoint and Microsoft PowerShell, Microsoft Power Automate, Python, and/or SQL.
- Strong problem-solving skills and ability to think systematically in developing technological and process solutions.
- Proficiency with Microsoft Outlook and experience utilizing AI for organization and automation
- Strong attention to detail.
- Strong organizational skills with the ability to manage multiple tasks and deadlines.
- Clear written and verbal communication skills.
The Credit Risk environment is dynamic and constantly evolving due to changes in market conditions, borrower behaviour, and regulatory expectations. This role requires curiosity, adaptability, and critical thinking to support analyses that inform risk decisions.
As an intern, you will be exposed to real-world credit risk challenges and must be comfortable learning new concepts, asking questions, and balancing accuracy with tight timelines. Success in this role depends on attention to detail, a willingness to learn, and an ability to connect data insights to business and risk implications.
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.
Skills Required
- Currently pursuing a Bachelor's or Master's degree in Management Information Systems, Library and Information Science, Systems Engineering, Computer Science, or a related field.
- 3 months to 1 year of exposure to Microsoft SharePoint, Microsoft PowerShell, Microsoft Power Automate, Python, and/or SQL.
- Strong problem-solving skills and ability to think systematically when developing technological and process solutions.
- Proficiency with Microsoft Outlook.
- Experience utilizing AI for organization and automation.
- Strong attention to detail.
- Strong organizational skills with the ability to manage multiple tasks and deadlines.
- Clear written and verbal communication skills.
What We Do
MakeBank on everyday banking: Earn high interest on every dollar Say no to fees No minimum balances Powered by Equitable Bank, a Schedule I Canadian Bank EQB Inc. (formerly Equitable Group Inc.) trades on the Toronto Stock Exchange (TSX: EQB and EQB.PR.C), directly serves over 607,000 Canadians through its wholly owned subsidiary Equitable Bank, Canada's Challenger Bank™, and serves over 200 Canadian credit unions that serve over 6 million of their members with products and services. Equitable Bank has grown to become Canada's 7th largest independent Schedule I bank with over a $119 billion in assets under management and assets under administration, and a clear mandate to drive real change in Canadian banking to enrich people's lives. At Equitable Bank, we are as invested in our employees as we are in our business. That’s why we are consistently recognized as one of Canada's Top Employers – a rating that comes from our 1,800 employees. Equitable Bank’s inclusive, welcoming, and pride-inducing workplace earned it the honour of being recognized as one of the top 50 organizations on the 2023 list of Canada’s Best Workplaces™. Founded over 50 years ago, Equitable Bank provides diversified personal and commercial banking, and through its EQ Bank platform (eqbank.ca), which has been named #1 Bank in Canada for three consecutive years on the Forbes World's Best Banks list for 2021, 2022, and 2023. Equitable Bank website: www.equitablebank.ca EQ Bank website: www.eqbank.ca Specialties Lending, Mortgages, Residential Lending, Commercial Lending, Reverse mortgages, Insurance lending, Equipment leasing , Credit Union, Trust, and Funds Management
