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Commercial Analytics 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 Operations and Analytics team with the generation of reporting for a variety of frequencies (daily, weekly, monthly) for the Commercial lending department.  The Intern will be trained on all aspects of reporting processes, which will includebut are not limited to:sourcing and extraction of data, data cleansing, report generation, and communication to internal stakeholders.  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 of extensive financial and regulatory reports for Senior Management, The Board of Directors, and external regulators as required, to monitor the operations and the status and condition of the Commercial portfolio.  The incumbent will be required to provide detailed and accurate analysis and reporting on portfolio performance, risk, and other portfolio metrics. 
  • 35% on a weekly basis, the Intern will assist with various administrativeand 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 work flowing 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!
  • Your application must include your resume, cover letter and unofficial transcript. Applications submitted incorrectly will not be considered.
  • You MUST be a student currently enrolled in school to be eligible to apply.


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! 

What You Should Know About Commercial Analytics Intern Summer 2025, EQ Bank | Equitable Bank

Are you ready to jumpstart your career with Equitable Bank as a Commercial Analytics Intern for the summer of 2025? If you're passionate about redefining the banking experience and eager to work in a fast-paced, innovative environment, then this role is perfect for you! At Equitable Bank, we challenge the status quo and believe in providing better options for Canadians. Our vibrant team, made up of inquisitive minds, is devoted to transforming the future of banking. As an intern, you will assist the Commercial Operations and Analytics team in generating diverse reports and analyses, gaining substantial training in reporting processes like data sourcing, extraction, and cleansing. Your core responsibilities will include preparing comprehensive financial reports for Senior Management and external regulations, ensuring you develop valuable analytical skills. This is not just a job; it’s a fulfilling opportunity to collaborate with talented individuals and make a real impact in our Commercial lending department. Your journey will include not just daily responsibilities, but also engaging projects to enhance your experience and skillset. You’ll be expected to manage your workload effectively to meet deadlines while having fun and learning each step of the way. So, are you a detail-oriented, self-learning individual ready to take on the challenge? If so, we look forward to welcoming you to our growing family in Toronto!

Frequently Asked Questions (FAQs) for Commercial Analytics Intern Summer 2025 Role at EQ Bank | Equitable Bank
What are the key responsibilities of a Commercial Analytics Intern at Equitable Bank?

As a Commercial Analytics Intern at Equitable Bank, your primary responsibilities will involve assisting the Commercial Operations and Analytics team in generating various reports for the Commercial lending department. This entails data sourcing, extraction, cleansing, and creating detailed financial reports for Senior Management, the Board of Directors, and external regulators. You'll also engage in administrative tasks, updating procedures, and managing multiple priorities to support the department effectively.

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What qualifications are needed to apply for the Commercial Analytics Intern position at Equitable Bank?

To qualify for the Commercial Analytics Intern role at Equitable Bank, you must be currently enrolled in a University or College program, preferably in Finance, Business, Accounting, Economics, or Data Science. Additionally, demonstrated proficiency in MS Office, particularly Excel, is essential. While not mandatory, experience with MySQL, SQL Studio Management, and Python is considered an asset. Strong organizational skills and the ability to work under pressure are also key.

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What type of training will a Commercial Analytics Intern receive at Equitable Bank?

A Commercial Analytics Intern at Equitable Bank will receive comprehensive training in all aspects of reporting processes. This includes learning about data sourcing, extraction, cleansing, and report generation. You will also familiarize yourself with the bank’s established policies and federal compliance regulations, ensuring you have the knowledge needed to support the Commercial department effectively.

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How does Equitable Bank support the professional development of its interns?

Equitable Bank is committed to the growth and development of its interns. As a Commercial Analytics Intern, you'll have the opportunity to participate in virtual events, access an annual professional development allowance, and be part of a comprehensive Career Development program. This support is designed to help you grow not only in your internship role but also in your future career.

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What does the application process look like for the Commercial Analytics Intern position?

To apply for the Commercial Analytics Intern position at Equitable Bank, you need to submit your resume, a cover letter, and your unofficial transcript via the application process outlined in the job description. It's essential to ensure that your application is complete and correctly submitted, as applications submitted incorrectly may not be considered.

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Common Interview Questions for Commercial Analytics Intern Summer 2025
Can you describe your experience with data analysis and reporting?

In answering this question, you should highlight relevant coursework or projects where you utilized data analysis tools and techniques. Discuss your familiarity with Excel and any experience you have with SQL or Python to emphasize your analytical skills and ability to interpret data effectively.

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How do you prioritize tasks when faced with multiple deadlines?

Explain your strategy for prioritizing tasks, such as using a to-do list or project management tools. Give an example of a time when you successfully managed competing priorities, focusing on time management and how you took proactive steps to meet deadlines.

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What interests you about working in commercial analytics at a bank?

Share your enthusiasm for the intersection of finance and data analysis. Discuss how commercial analytics can drive decision-making in a banking environment and express your desire to contribute to improving banking experiences for clients.

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How would you handle a situation where data doesn't seem to make sense?

Demonstrate your problem-solving skills by explaining your approach to troubleshooting data issues. This could include revisiting the data source, checking for errors in data collection, or discussing findings with colleagues for clarity.

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Can you give an example of a project where you had to analyze and present data?

Provide a specific instance from your academic or work experience where you analyzed data and presented your findings. Focus on the tools you used, the insights you gained, and how your analysis helped drive a decision or change.

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What software or tools are you familiar with that are relevant to this internship?

Mention your proficiency with software such as Microsoft Excel, PowerPoint, and any experience with database management or programming tools like SQL or Python. Highlight specific functionalities you are skilled at that apply to the tasks of the internship.

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Describe a time when you worked as part of a team to achieve a goal.

Use the STAR technique (Situation, Task, Action, Result) to present a situation where collaboration with a team led to success. Point out your role and contributions, emphasizing communication and teamwork throughout the process.

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What strategies do you use to ensure accuracy in your work?

Talk about methods you adopt to maintain precision, such as double-checking your data entries, employing verification techniques, or using software that minimizes errors. Illustrate your attention to detail as a vital skill for ensuring high-quality outputs.

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How do you stay updated with developments in the banking and finance sector?

Discuss how you follow industry news through publications, seminars, webinars, or social media channels focused on finance and banking. Emphasize your commitment to continual learning and staying informed on industry trends and regulatory changes.

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What do you hope to learn during your internship at Equitable Bank?

Articulate your eagerness to gain hands-on experience in commercial analytics, learn about banking operations, and build a foundation for your future career. Convey your excitement for learning from experienced colleagues and contributing to real projects.

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Internship, hybrid
DATE POSTED
February 23, 2025

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