About the role#
This internship role sits within the Treasury Risk and Capital Oversight team. You will report to the Director of Stress Testing and support the development and implementation of reporting tools. Your work focuses on the Macroeconomic Stress Test program, which is a regulatory requirement for the Office of the Superintendent of Financial Institutions Canada. This position is a paid, full-time opportunity for the Winter 2027 term.
What you'll do#
- Develop and implement reporting deliverables for the Stress Testing program.
- Advance enterprise stress testing capabilities through tool building and AI implementation.
- Enhance the use of stress testing for risk management and decision making.
- Assist in developing, implementing, and socializing consolidation and reporting templates for balance sheets, income statements, capital, leverage, and credit.
- Automate processes where possible.
- Support the execution of the Macroeconomic Stress Test program.
- Share key information with stakeholders and respond to their questions.
- Coordinate exercise submissions to the Office of the Superintendent of Financial Institutions.
- Prepare for regulatory presentations, Internal Audit exams, and related enquiries.
- Collaborate with Finance, Treasury, Credit Risk, and Business Units to complete enterprise programs.
- Support ad hoc activities as they arise.
What you'll need#
- Current enrollment in a Master's program in Math, Economics, Accounting, or a related field, or a 3rd or 4th year undergraduate student with strong academic results.
- Knowledge in economics, accounting, econometrics, risk modelling, statistics, or time series analysis.
- Technical skills in coding and AI.
- Strong oral and written communication skills with the ability to deliver effective presentations.
- Ability to identify and resolve issues while escalating matters to management when necessary.
- Detail-oriented approach to reviewing and recommending solutions for business problems.
- Strong organization and time management skills to handle multiple deadlines.
- Analytical ability for portfolio monitoring and stress testing.
- Successful completion of a criminal background check and credit check.
Location & details#
- Location: Toronto, Ontario.
- Work Modality: Hybrid.
- Term: January 2027 to April 2027.
About EQ Bank | Equitable Bank
EQ Bank is a Canadian financial services company based in Toronto. Founded in 1970, it operates as the seventh largest Schedule I bank in the country by assets. The company manages approximately 150 billion dollars in assets and serves nearly 4 million customers. It specializes in residential and commercial lending, equipment leasing, and digital banking services.
How to get in at EQ Bank | Equitable Bank
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