Intern - Treasury Analyst (Fall student)

EQ Bank | Canada's Challenger Bank • Toronto, ON

5d • Hybrid

About The Position

Reporting to the Senior Treasury Manager, the Treasury Analyst will be responsible for the execution of processes supporting the bank’s nominee broker deposit issuances, including pricing, payments, and managing key GIC life-cycle events. Furthermore, the individual will support other day-to-day treasury operations for the bank as well as various ad-hoc analyses. This role offers a great opportunity to deliver value by managing key Treasury operations while developing broader Treasury subject matter expertise.

Requirements

• An undergraduate degree in a relevant field required. (Business, Finance, Economics, Mathematics, etc.)
• Knowledge of banking products such as loans and deposits and how they work.
• Exposure to capital markets, including the valuation and pricing of fixed income securities.
• Ability to breakdown processes to simplify/ re-engineer
• Strength in working collaboratively with internal/ external partners and maintaining these relationships.
• Strong Excel skills, including reconciliations and comfort working with data via tools such as SQL or SAS.
• Strong analytical and problem-solving skills, including comfort operating in a quantitative area.
• Good attention to detail, including a sense of ownership and ability to operate independently.
• Superior work-ethic and a hunger for continual learning.
• Good communication skills, including distilling data analysis into key findings.
• Highly driven to go above and beyond expectations

Nice To Haves

• Working with any of the following treasury activities considered an asset: Funding, Trading, Liquidity Risk Management, Market Risk Management, Capital Management, and Transfer Pricing.
• Bloomberg, CANNEX, and/or Portfolio+ experience considered assets.
• Exposure working in an OSFI regulated financial institution.

Responsibilities

• Execute daily, weekly, and monthly GIC operational activities, including origination monitoring, pricing dashboards, and journal entries.
• Maintain resilient operations with effective controls.
• Optimize/re-engineer processes to simplify operations while upgrading outputs.
• Manage the day to day cash/ investment operations by effectively working with stakeholders to position the Bank within risk limits
• Act as a backup for other Treasury processes covered by team members.
• Execute various ad-hoc initiatives and analyses

Benefits

• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Intern