Product Management Intern, Fall 2025

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Toronto, ON, CAN
Hybrid
Fintech • Payments • Financial Services
The Role
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. 


Work Term:               
September 2025 - December 2025

Purpose of the Job
 
The Product Management, Growth Businesses Intern is responsible for assisting with various duties to maximize profitability of the bank via the prioritization and execution of strategic initiatives. Over this 16 week internship, the role will get exposure to the strategy for our Reverse Mortgage and Insurance Lending businesses.  The candidate must be able to impeccably execute their tasks in a timely and prudent manner within established guidelines.  

Main Activities:

  • Work alongside Product Manager, Underwriters and Business leads to identify, prioritize and execute opportunities to improve product features and processes
  • Conduct competitor analysis
  • Own ongoing reporting requirements, sending daily, weekly and monthly reports/updates to broader team
  • Support updates and amendments to various calculators (I.e. CSV and IFA underwriting, REM Underwriting, REM online calculator), and work with internal stakeholders and external resources as required through testing and implementation.
  • Support Product Manager, and Associate Product Managers in the analysis of various initiatives
  • Collaborate with stakeholders to understand product metrics, experiment data, and do self-serving data analysis to get insights
  • Provide the highest level of internal and external customer service on a daily basis.
  • Help build reports, tools and processes to improve underlying processes of the Reverse Mortgage and Insurance Lending businesses
  • On an ad-hoc basis, support management with strategic growth initiatives and product enhancements
  • Participate fully as a member of the team, support a positive work environment that promotes service to the business, quality, innovation and teamwork and ensure timely communication of issues/ points of interest
  • Prioritize and manage own workload to meet service level agreement requirements for service and productivity

Knowledge/Skill Requirements:

  • Bachelor's or Master's Degree in progress, in finance, business administration, commerce, economics, data analysis, marketing, engineering, product management or any other relevant field
  • Ability and desire to work collaboratively to ensure successful project execution;
  • Proven ability to generate and deliver reports that provide useful insights into product details;
  • Highly organized, data-oriented, user-obsessed, and detail-oriented with a passion for ensuring product optimized efficiently and effectively;
  • Skilled at data analysis and comfortable with design and technical terms;
  • 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
  • Self-starter with an inquisitive mindset
  • A strong desire to learn about the Canadian housing market and all elements impacting the mortgage sector

How to Correctly Submit Your Application

  • All applications must be submitted through our company website. Search for: Product Management Intern, Fall 2025
  • Please note that you must be an active student going back to school. Applications from students who have already graduated will not be accepted unless you need to do a co-op placement in order to graduate.
  • Please scan together and 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.

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 2200-25 Ontario Street, 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! 

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The Company
Toronto, Ontario
1,529 Employees
Year Founded: 1970

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

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