Intern, Stress Testing, Risk Management

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 2027 - April 2027

The Work

Reporting to the Director, Stress Testing, TRCO, within Risk Management, the incumbent will support the development and implementation of tools for reporting and disclosure purposes. This includes socializing requirements with stakeholders for the Macroeconomic Stress Test (MST), a regulatory requirement of the Office of the Superintendent of Financial Institutions (OSFI) Canada.

This position will execute on delivery in the following areas:

Stress Testing – Develop and implement reporting deliverables for the Stress Testing program, including advancing the enterprise’s stress testing capability through tool building and AI implementation. Also, further enhance the ability to use Stress Testing for decision making and risk management purposes.

The Core Responsibilities!

• Assist in the development, implementation and socialization of consolidation and reporting templates, including automating certain processes where possible. Templates include Balance Sheet, Income Statement, Capital, Leverage, Credit, etc.
• Support the team in the overall executing of the MST program.
• Working and disseminating key information to relevant stakeholders and responding effectively to their questions and concerns.
• Assist in the preparation and coordination of the exercise submission to OSFI (Model Surveys, Pre-Management Action Results, Post-Management Action Results, Supporting Commentary, EWST and Plan submissions).
• Assist in preparation for regulatory presentations, Internal Audit exams, and any related enquiries.
• Assisting in coordination with key stakeholders, including Finance, Treasury, Credit Risk Stress Testing, and Business Units (Personal and Commercial) in completing enterprise programs.
• Support ad hoc activities if and when they arise.

Let's Talk About You!

• Master program candidate in Math, Economics, Accounting or related streams or 3rd/4th year undergraduate students with strong academic success.
• Strong knowledge in economics, accounting, econometrics, risk modelling, statistics or time series analysis.
• Strong technical skills and execution, including coding and AI experience.
• Good oral and written communication skills, with confidence in delivering effective presentations.
• Proactively identifies and resolves issues, escalating matters promptly to manager as needed.
• Attention to detail and ability to review and recommend actions to solve business problems.
• Strong organization, time management and multi-tasking skills; managing multiple deadlines at one time.
• Strong analytical ability for product/portfolio monitoring and stress testing.

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.