Job description
Join a Challenger
Being a traditional bank just isn’t our thing, so we challenge ourselves to get creative in providing innovative banking solutions for Canadians.
How do we get there? With a talented team of inquisitive and agile challengers that break through the status quo. So, if you’re passionate about redefining the future of banking—while having fun—this could be your next big opportunity.
Our company continues to grow, and today 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.
Ready to shape the future of banking?
Join the purpose-driven, tech-forward team at Equitable Bank where your ideas matter and your growth is accelerated. We’re not just another bank—we’re Canada’s Challenger Bank™, lean, agile, and built for the digital age. If you’re passionate about challenging the status quo, driving meaningful change, and gaining hands-on experience in financial services, our Commercial Graduate Program is the opportunity you’ve been waiting for!
Program / Role Overview
Starting in May 2026, you’ll begin your journey as a Commercial Mortgage Analyst through our Commercial Graduate Program, designed to accelerate your development through immersive, hands-on experience within Commercial Banking.
As part of a growing and dynamic Commercial team, you will be responsible for underwriting annual reviews for CMHC-insured commercial mortgages. You’ll adhere to established policies and underwriting standards, meet compliance and control requirements, and find creative solutions to achieve service goals and annual target volumes. You’ll also take on credit-related and administrative duties such as reporting, pipeline management, and networking with external business partners and internal teams across the Commercial department.
This role offers a strong foundation in credit analysis, pipeline management, and relationship-building setting you up for long-term success in Commercial Banking.
What Will You Do?
- Over the course of this two-year program, you’ll have the opportunity to start your Commercial career journey in both Portfolio Management and New Deal Underwriting: Your responsibilities will include:
- 70% – Analyze and underwrite annual reviews for CMHC-insured mortgage loans, including migrating existing loans to a new underwriting platform. Ensure compliance with lending guidelines and prepare annual review submissions for management approval.
- 20% – Communicate with external origination partners and internal stakeholders (managers, administrators, and commercial mortgage staff) to ensure timely and efficient processing of annual reviews.
- 10% – Manage your deal flow and deadlines to meet service goals and maintain operational efficiency.
Why EQB? What’s in It for You?
- If you’re a final-year student looking to launch your career in a dynamic, purpose-driven environment, this is your opportunity to build a strong foundation and make a real impact.
- At EQ Bank you will receive:
- Mentorship & Coaching: from senior leaders and subject matter experts. Our Mentorship program is structured to provide regular touchpoints, feedback, and personalized guidance to help you thrive.
- Job Shadowing: As you complete your second-year rotation, you will be given the opportunity to job shadow various teams, such as:
- Business Enterprise Solutions: Get the opportunity to work on Commercial deals up to 5 million and partner with brokers while overseeing the onboarding and maintenance of commercial loans.
- Commercial Finance Group: Undertake the responsibility of working on Commercial Mortgages and Construction Loans 10 million and above! Learn the origination, underwriting and funding process of these deals.
- Specialized Finance: Learn how to originate and execute deals while managing your own portfolio. Get that full 360 banker experience on the team!
- Special Accounts Management Unit: Gain hands-on experience managing complex Commercial accounts and defaults. Work on high-value loans ($1.5M and above), coordinate with borrowers, lawyers, and property managers, and navigate legal processes across provinces. Get exposure to receiverships, property sales, and negotiations while protecting the Bank’s interests.
- Empowerment and Impact: Opportunities to make a difference and create lasting impact through meaningful work, empowering you to contribute directly to business outcomes while developing the skills and confidence to grow your career in Commercial Banking.
- Chart your Career Path: Explore potential pathways with the support from the talent management team at your 18- month mark.
Excited to Get Started? Let’s Talk About You!
- Must be a fourth year graduating student studying Real Estate
- Demonstrated service excellence within their field
- Good working knowledge of MS Office (primarily Word and Excel)
- Effective analytical and problem-solving skills
- Established organizational skills
- Ability to handle multiple competing priorities
- Good time management skills
- Excellent communication skills, both oral and written
- Bilingualism is an asset
The Interview Process:
- Shortlisted candidates will be contacted for an initial chat with our Talent Acquisition team. If successful, you’ll be invited to an interview with our Commercial Team.
- Successful candidates will then participate in a 15-minute cognitive assessment followed by a background check.
- Verbal Offer upon successfully completing all the above steps!
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!
