Product Management Intern, Fall 2023

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 370,000 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 5 million members. Together we have over $100 billion in combined assets under management and administration, with a clear mandate to drive change in Canadian banking to enrich people's lives. Our EQ Bank platform ( eqbank.ca ) has been named the top Schedule I Bank in Canada on the Forbes World's Best Banks 2023, 2022, and 2021 lists.
Purpose of the Job
The Product Management Intern is responsible for assisting with various duties to maximize profitability of the bank via the prioritization and execution of strategic initiatives. Over this 16 week internship, the role will get exposure to the strategy for our Home Equity Line of Credit (HELOC) product and Mortgage Renewals team. The candidate must be able to impeccably execute their tasks in a timely and prudent manner within established guidelines.
Work Term: September 4, 2023 to December 29, 2023.
The Work

• Participate fully as a member of the team, support a positive work environment that promotes service to the business, quality, innovation and teamwork and ensure timely communication of issues/ points of interest
• Help build and review internal models, tools, processes, policies, presentations, and other related materials; challenge team and improve the underlying processes of functional area
• Help coordinate product delivery
• Work with engineers and QA to deliver features and launch experiments
• Support larger transformation projects by gathering and analyzing data to identify and solve complex problems, raise issues where appropriate and exercise discretion in managing information and all matters of confidentiality
• Work directly with bank stakeholders and leadership to identify, prioritize and execute opportunities to improve product features and processes
• Conduct competitor analysis
• Make hypotheses, validate and iterate based on product experiment results
• Collaborate with stakeholders to understand product metrics, experiment data, and do self-serving data analysis to get insights
• Conduct user research & collect user feedback with an emphasis on customer experience
• Prioritize and manage own workload to meet service level agreement requirements for service and productivity

Let's Talk About You!

• Ability to handle multiple competing priorities
• Skilled at data analysis and comfortable with design and technical terms;
• Bachelor's or Master's Degree in progress, in finance, business administration, commerce, economics, data analysis, marketing, engineering, product management or any other relevant field
• Self-starter with an inquisitive mindset
• Proven ability to generate and deliver reports that provide useful insights into product details;
• Highly organized, data-oriented, user-obsessed, and detail-oriented with a passion for ensuring product optimized efficiently and effectively;
• Ability to work in a fast-paced environment
• A strong desire to learn about the Canadian housing market and all elements impacting the mortgage sector
• Ability and desire to work collaboratively to ensure successful project execution;
• Excellent oral and written communication skills with the ability to respond in a clear, concise, and professional manner

How to Correctly Submit Your Application

• All applications must be submitted through our company website: https://jobs.lever.co/eqbank . Search for: Commercial Analytics Intern, Fall 2023
• Please note that you must be an active student going back to school. Applications from students who have already graduated will not be accepted unless you need to do a co-op placement in order to graduate.
• Please scan together and submit ONE DOCUMENT that includes your transcripts, resume and cover letter. Please note that if the application is not completed properly, it will not be accepted.

What We Offer

• A fun, relaxed, diverse work environment
• A modern work environment in Toronto, easily accessible by TTC
• Competitive pay

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, personal days and even a moving day
🖥 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!