EQ Bank | Equitable Bank Logo

EQ Bank | Equitable Bank

Specialized Finance Intern Summer 2025

Sorry, this job was removed at 05:28 p.m. (EST) on Wednesday, Jan 15, 2025
Be an Early Applicant
Hybrid
Toronto, ON
Hybrid
Toronto, ON

Similar Jobs

7 Hours Ago
Remote or Hybrid
7 Locations
Senior level
Senior level
Cloud • Computer Vision • Information Technology • Sales • Security • Cybersecurity
As a Senior Software Engineer, you will develop and maintain high-scale data platforms, write Java code for event pipelines using Spark, and manage a new graph database to enhance data access for analytics and threat hunting.
Top Skills: SparkAWSCassandraDynamoDBFlinkGoGrpcIcebergJavaJenkinsKubernetesMySQLParquetPinotPostgresProtocol BuffersScala
7 Hours Ago
Remote or Hybrid
3 Locations
Senior level
Senior level
Cloud • Computer Vision • Information Technology • Sales • Security • Cybersecurity
The Engineering Manager for Sensor Event Runtime will oversee a team of software engineers while prioritizing work, providing technical guidance, and collaborating across teams to enhance the Falcon Sensor's capabilities.
Top Skills: CC++
7 Hours Ago
Remote or Hybrid
6 Locations
Mid level
Mid level
Cloud • Computer Vision • Information Technology • Sales • Security • Cybersecurity
As a backend engineer at CrowdStrike, you will design cloud protocols, scale backend systems, troubleshoot failures, and collaborate with teams to build resilient architectures, ensuring high-quality software deployment.
Top Skills: AWSAzureCassandraCloud EnvironmentsDistributed SystemsElasticsearchGCPGoKafkaNetwork ProtocolsScala

The Work:

While adhering to established compliance and control requirements, the Intern, Specialized Finance will be responsible forassisting in all aspects of portfolio administration and writing credit risk analyses. The key focus will be placed on real estate and non-real estate secured operating lines of credit, equipment financing, portfolio acquisitions. The Intern will be trained on all aspects of underwriting the loans including analysis of market, operational, and credit risk factors inherent in the lending decision. The Intern will also become familiar with the Bank’s established policies and underwriting standards as well as new deal flow, operational requirements, and funding/reconciliation mechanics. 


The Core Responsibilities Of The Job:

  • Portfolio monitoring and stakeholder management (65%) 
  • Prepare reports for Management and ultimately monitor funded specialized finance deals including analysis of borrowing base and margin requirements, covenants, operating line usage, portfolio amortization and key risks 
  • Develop familiarity with internal systems and gather relevant data from various internal sources 
  • Monitor and maintain control mechanisms and standardized reporting documents which prudently monitor risk 
  • Credit risk analysis (30%) 
  • Prepare credit risk analyses on large transactions (typically $25.0 million+), primarily annual reviews 
  • Perform and learn financial analysis, Excel modeling and valuationto develop insights that support decision making 
  • Prepare presentation materials as required 
  • Ensure compliance with the Bank’s established AML policies, lending guidelines and procedure
  • Business development and research (5%) 
  • Along with the Director, Specialized Finance, participate in the development of new relationships and referral sources with the aim of identifying new and profitable lending opportunities. 
  • Scan various sources (e.g., news releases, journals, industry publications, etc.) to identify, track and monitor market, competitive and regulatory trends. 
  • Contribute to the brainstorming, structuring and problem-solving process for new lending
  • opportunities including market research to support business unit and enterprise strategy.

Let's Talk About You!

  • Currently enrolled in University or College program (Finance, Business, Accounting or Economics is preferred) 
  • Demonstrated ability using MS Office (Excel, PowerPoint, and Word) 
  • 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 

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.
  • The application deadline date to Apply is Jan 13th 2025. After this date, the posting will be closed!

EQ Bank | Equitable Bank Toronto, Ontario, CAN Office

30 St Clair Avenue West, Suite 700, Toronto, Ontario, Canada, M4V 3A1

What you need to know about the Toronto Tech Scene

Although home to some of the biggest names in tech, including Google, Microsoft and Amazon, Toronto has established itself as one of the largest startup ecosystems in the world. And with over 2,000 startups — more than 30 percent of the country's total startups — Toronto continues to attract new businesses. Be it helping entrepreneurs manage their finances, simplifying business operations by automating payroll or assisting pharmaceutical companies in launching new drugs, the city's tech scene is just getting started.

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account