Applied AI Experimentation Intern, Finance Innovation Studio 2026 Summer

EQ Bank

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profile Job Location:

Toronto - Canada

profile Monthly Salary: Not Disclosed
Posted on: 16 hours ago
Vacancies: 1 Vacancy

Job Summary

Join a Challenger

Being a traditional bank just isnt our thing so we challenge ourselves to get creative in providing innovative banking solutions for Canadians.

How do we get there With a talented team of inquisitive and agile challengers that break through the status quo. So if youre passionate about redefining the future of bankingwhile having funthis could be your next big opportunity.

Our company continues to grow and today we serve more than 800000 customers acrossCanadathrough Equitable BankCanadasChallenger Bank and have been around for more than 50 years. Equitable Banks wholly-owned subsidiary Concentra Bank supports credit unions acrossCanadathat serve more than six million members. Together we have over$142 billionin combined assets under management and administration with a clear mandate to drive change in Canadian banking to enrich peoples customers have named our EQ Bank digital platform () one of the top banks in Canada on the Forbes Worlds Best Banks list since 2021.

Role Overview

Are you a 3rd- or 4th-year engineering or technical student with advanced coding skills and strong financial acumen Do you believe lines of code and AI tools like Copilot ChatGPT Claude or Gemini - can fundamentally reshape how financial reporting analysis and insights are createdIf so the Finance Innovation Studio wants to hear from you.

The Finance Innovation Studio is an internal sandbox designed to test learn and accelerate how artificial intelligence and modern analytics can improve the way Finance work gets done.

TheApplied AI Experimentation Internwill work in parallel with the existing Finance team running structured experiments to explore whether AIfirst approaches can deliver the same outcomes across reports analyses insights more efficiently more creatively or with less manual effort. This role is intentionally designed to operate as astudio and sandbox separate from established processes with a mandate to experiment document learnings and surface scalable opportunities.

This is a handson role focused on learning experimentation and discoverynot ownership of fnance team deliverables. The role works closely with the CFO Anilisa Sainani the Finance Leadership Team and Technology partners.

The key internship project milestones!

  • Execute a series ofAI experimentation sprints throughout the summer each focused on a defined Finance or business output (e.g. management reports financial analyses performance narratives decision support materials)
  • Work fromproblem statements and target outcomes without prior exposure to existing processes or templates to independently explore alternative AIfirst approaches
  • Leverage AI tools and platforms with a strong preference for Microsoft Copilot and tools within the enterprise ecosystem including Power BI Excel automation and analytics capabilities
  • Applybusiness and finance judgment to ensure outputs are relevant decisionuseful and aligned with how Finance leaders think about performance risk and tradeoffs
  • Produce experimental outputs alongside concise documentation outlining:
    • Tools and techniques used
    • Time and effort required
    • Key insights limitations and learnings
  • Partner with Finance leaders and subjectmatter experts to review results and identify which experiments may be refined or operationalized

What this role is (and is not) !

  • This roleis:

    • 80% Coding and AI Exploration & 20% Finance related Innovation Exploration
    • A sandbox for structured AI experimentation in a Finance context
    • A parallel discovery role designed to test new methods not critique existing teams
    • A learning engine that blendsAI fluency with business and finance thinking

    This roleis not:

    • Additional execution capacity for existing finance processes
    • A 100% technology or engineering coding intern role
    • An owner of production Finance deliverables

Your ideal experience!

  • Currently enrolled in an undergraduate or graduate program in Engineering Data Science Computer Science or a closely related field with a minor in Finance
  • Have strong language agnostics coding experience (Java python #C C) and AI experience (ChatGPT Co-pilot Claude and/or Gemini)
  • Handson familiarity with modern AI tools including:
      • Promptbased vibe coding and rapid experimentation
      • AI copilots (preference for Microsoft Copilot)
      • Data and analytics tools (e.g. Power BI Excel or similar)
  • Comfortablespeaking the language of business and finance (e.g. performance drivers tradeoffs efficiency outcomes) even if not formally trained as an accountant
  • Strong interest in applying artificial intelligence to real business problems.
  • High curiosity comfort with ambiguity and ability to learn tools independently

Ideal (but not required)!

  • Prior exposure to Finance analytics consulting or strategy contexts.
  • Experience translating technical or analytical outputs into clear business insights.

What youll Gain!

  • Experience applying AI in a real Finance and business decisionmaking environment.
  • Direct exposure to senior Finance leadership and strategic initiatives.
  • Handson work in an experimentation studio focused on learning velocity and practical impact.
  • A rare blend of AI analytics and Finance experience that prepare you for future roles in business consulting or finance transformation.
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 Equitable Banks additional office space located at 2200-25 Ontario Street Toronto ON.
Equitable Bank is deeply committed to inclusion. Our organization is stronger and our employees thrive when we honour and celebrate everyones diverse experiences and 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 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 cant wait to get to know you!

Required Experience:

Intern

Join a ChallengerBeing a traditional bank just isnt our thing so we challenge ourselves to get creative in providing innovative banking solutions for Canadians. How do we get there With a talented team of inquisitive and agile challengers that break through the status quo. So if youre passionate abo...
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About Company

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At Equitable Bank, we specialize in providing branchless financial services that meet the unique needs of all Canadians. Our range of mortgages, savings accounts and investment options are designed to offer the right solutions to match any unique circumstance.

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