Join a Challenger
At EQ, we're 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.
We've been at this since 1970, challenging the conventions of traditional banking with smarter, faster, and more connected financial experiences.
What's 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 you're driven to help reshape how banking works for Canadians and the businesses that power our economy, this could be your next big opportunity.
We can’t wait to get to know you!
The Work
The Underwriter is responsible for conducting credit reviews across the entire suite of Insurance Lending products which includes Immediate Financing Arrangements (IFA), CSV Max, and CSV Flex applications. The incumbent will be responsible for adjudicating corporate and personal credit applications, while maintaining excellent service levels.
The Core Repsonsibilities!
Assess the credit worthiness of both commercial (corporate) and individual borrowers, while adhering to the Bank’s lending guidelines and policies.
Provide recommendations and approvals within designated limits. Ensure that approved deals close as scheduled and as efficiently as possible, by following up on outstanding conditions/documents and ensuring compliance with established guidelines.
Demonstrate a comprehensive understanding of the nuances of Whole Life Insurance policies, including their structure, functionality, as well as the impact of future policy changes on the credit portfolio.
Deliver exceptional, customer-centric service to both internal and external stakeholders; participate in sales meetings, as required.
Actively engage in team efforts and support colleagues.
Maintain a high level of professionalism in all interactions.
Support other areas within the Growth Business unit as required.
Let's Talk About You!
Post-secondary education in business or finance.
In-depth knowledge of commercial underwriting and financial statements analysis.
Proficient underwriting skills, with a minimum of 1 year of commercial lending experience.
Insurance lending experience preferred
Exposure to and knowledge of whole life insurance products is highly preferred.
Strong analytical and problem-solving skills, with the ability to assess credit applications holistically.
Sound knowledge of AML & ATF practices.
Excellent time management, analytical and problem-solving skills, able to handle multiple competing priorities. Ability to make decisions under pressure.
Proven ability to thrive in a constantly changing environment and to perform well in a high volume, high intensity environment.
Excellent relationship building skills.
Knowledge of fraud risk in the credit and insurance industries and the ability to address concerns relating to suspected misrepresentation is required.
A desire and a willingness to join a growing team and evolving product.
Proficiency in MS Office (mainly MS Word and Excel).
Mandarin speaking will be 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 Bank’s additional office space located at 2200-25 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. We’re equally committed to supporting your growth, both professionally and personally.
We provide a barrier‑free 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 country's seventh-largest Schedule I bank by assets, which operates EQ Bank, Canada's 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 eqb.investorroom.com and eqbank.ca.
