Join a Challenger

At EQ were 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.

Weve been at this since 1970 challenging the conventions of traditional banking with smarter faster and more connected financial experiences.

Whats 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 youre driven to help reshape how banking works for Canadians and the businesses that power our economy this could be your next big opportunity.

We cant wait to get to know you!

The Work

The Analyst Credit Risk Management is responsible for executing independent credit risk oversight through the analysis monitoring and reporting of single-family residential mortgage reverse mortgage and consumer lending portfolios including lending tiers and segmentation by geographic region. The role plays a key part in strengthening enterprisewide consistency transparency and governance of lending risk by providing timely datadriven insights to Risk leadership.

This role operates as part of the second line of defense and partners closely with firstline lending and credit teams while maintaining independence of risk oversight. The role contributes to the Banks risk transformation agenda by enhancing analytical rigor standardization and reporting related to lending portfolio risk including leveraging AI-enabled analytics and automation tools such as Microsoft Copilot Studio to improve efficiency and scalability.

The Core Responsibilities

Lending Portfolio Analytics & Tier Oversight

- Analyze lending portfolios segmented by geographic region on an ongoing basis including monitoring lending tiers and related risk indicators.

- Assess portfolio performance trends concentrations and emerging risks including analysis of internal credit risk indicators (e.g. delinquencies loan-to-value impairments) to evaluate portfolio risk dynamics.

- Monitor and analyze macroeconomic and regional factors (e.g. house price index employment growth demographic occupational shifts and economic conditions) through review of industry publications economic reports and relevant news sources to assess their impact on lending portfolio risk and tiering assumptions.

- Identify variances anomalous trends early warning indicators or signs of portfolio drift perform root cause analysis and escalate findings through established Credit Risk channels.

- Lead periodic review and validation of lending tiers and segmentation methodologies including recommending tier upgrades/downgrades based on analytical insights and observed risk outcomes.

Risk Reporting & Management Insights

- Prepare recurring and ad-hoc reports and dashboards on lending portfolio performance regional trends and key risk metrics delivering clear timely insights to Risk leadership and stakeholders.

- Support the development of executiveready materials to inform Risk leadership and senior stakeholders.





- Ensure the accuracy completeness and consistency of data used in analytics and reporting outputs.

Stakeholder Collaboration & Governance Support

- Partner with firstline lending credit and business teams to validate data inputs clarify assumptions and gather insights on emerging industry trends and market developments to inform portfolio analytics and risk assessment.

- Provide independent challenge and recommend tiering updates (including upgrades/downgrades) where appropriate to ensure alignment with Risk appetite and governance expectations.

- Act as a Risk point of contact for analytical inquiries related to lending portfolios and tiering.

- Contribute documentation and analysis required for internal reviews audits or regulatory requests related to lending portfolio risk and governance.

Continuous Improvement & AI Enablement

- Identify opportunities to improve analytical processes controls and data quality related to lending portfolio analytics.

- Support automation standardization and reporting enhancements including the use of AI tools such as Microsoft Copilot Studio.

- Design build and maintain agentic workflows and automations using Microsoft Copilot Studio and Power Automate to streamline repetitive analytical reporting and data-quality tasks and improve the scalability of lending portfolio analytics.

- Apply emerging AI and automation capabilities responsibly ensuring alignment with the Banks risk governance data and model risk controls.

- Contribute to broader risk transformation initiatives that strengthen analytical capability and scalability across the Risk function.

Lets Talk About You

- Undergraduate degree in Finance Economics Business Data Analytics or a related discipline (or equivalent combination of education and experience).

- Typically 13 years of progressive experience in risk analytics portfolio analytics credit analytics or a related analytical role.

- Strong analytical and problemsolving skills with the ability to interpret complex datasets and translate insights into clear findings.

- Proficiency in Microsoft Excel and experience working with reporting visualization or analytics tools (e.g. Power BI); experience in a regulated financial services environment is an asset.

- Proficiency in SQL for data extraction querying and filtering large datasets to support portfolio analysis and reporting.

- Strong business and risk acumen including understanding of residential mortgage lending and credit risk terminology and key risk drivers (e.g. loan-to-value arrears delinquency total /gross debt service ratio probability of default exposure at default loss given default) to support effective analysis and interpretation of portfolio performance.





- Strong attention to detail and demonstrated commitment to data accuracy and integrity.

- Clear written and verbal communication skills with the ability to present analytical insights to nontechnical stakeholders.

- Ability to manage competing priorities in a deadlinedriven setting with appropriate guidance and supervision.

- Familiarity with AI-assisted analytics or low-code automation tools such as Microsoft Copilot Studio and Power Automate and an interest in building agentic workflows to streamline analytical and reporting tasks is an asset.

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 Banks additional office space located at2200-25 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. Were equally committed to supporting your growth both professionally and personally.

We provide a barrierfree 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 countrys seventh-largest Schedule I bank by assets which operates EQ Bank Canadas 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 and .

We may use artificial intelligence (AI) tools to support parts of the hiring process such as reviewing applications analyzing resumes or assessing responses and identifying potential inconsistencies or verification signals in application materials based on available information. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed please contact us.

Required Experience:

IC

📌 Analyst, Credit Risk Management (Toronto)
🏢 EQ Bank
📍 Toronto