Senior Credit Analyst

Being a traditional bank just isn’t our thing. At EQB Inc., we challenge ourselves to think differently and build innovative financial solutions that better serve Canadians. 

We do this by bringing together a talented team of curious, agile thinkers who aren’t afraid to challenge the status quo. If you’re passionate about redefining the future of banking—while having fun and making a real impact—this could be your next big opportunity. 

Today, EQB serves more than 800,000 Canadians through Equitable Bank, Canada’s Challenger Bank™, and has been operating for over 50 years. Through our wholly owned subsidiaries, including Concentra Bank, we support credit unions across the country serving more than six million members. Together, we manage over $142 billion in assets under management and administration, with a clear mandate to drive meaningful change in Canadian banking. 

Our digital platform, EQ Bank, has been recognized as one of the top banks in Canada on the Forbes World’s Best Banks list every year since 2021—an endorsement of our customer-first, innovation-driven approach. 

 

This position is being recruited by EQB on behalf of our wholly owned subsidiary, Bennington Financial Corp.  Bennington Financial Corp plays a critical role within EQB’s ecosystem, specializing in commercial equipment financing and leasing. It extends EQB’s reach beyond traditional banking into a highly specialized and fast-growing segment of the financial services landscape. 

Joining Bennington means:  Being part of the EQB family, with the stability, scale, and purpose of a leading Canadian challenger bank, Working within a specialized, entrepreneurial business where your contributions are highly visible and impactful, Supporting a business that operates at the intersection of bank-grade governance and commercial finance agility, Helping shape compliance, risk, and operational excellence in a business that directly enables Canadian companies to grow 

This role offers the best of both worlds: the backing, resources, and long-term vision of EQB, combined with the pace, ownership, and influence that comes from working within a focused subsidiary like Bennington.  If you’re looking for an opportunity where your expertise matters, your voice is heard, and your work directly supports both innovation and growth—Bennington Financial Corp, powered by EQB, is a compelling place to build your next chapter!

This full-time position reports to the Director, Credit.

 

The candidate will be responsible for mid-ticket credit adjudication, $250,000 and up, complex deals and making recommendations regarding deal acceptance, pricing and structure for all Bennington brands (Equirex, Kempenfelt and Bodkin). The candidate will also be responsible for working with our broker partners on each approval until such time as the deal closes. This process may involve making structural changes to the approval, negotiating rates and terms to ensure the deal closes and Bennington’s best interests are achieved. This negotiation will often take place over the phone with the brokers and/or lessee. Each credit is unique and presents an opportunity to create a custom structured approval, within defined guidelines. The Credit Analyst is also required to maintain acceptable default and loss standards as determined by the Bennington senior management team.

The successful candidate should have a minimum of 10+ years of direct credit analysis experience, ideally in the Leasing sector. They must have knowledge of Canadian lease structures and leasing processes, have an in-depth ability to read and interpret financial statements and have an attention to accuracy and detail. Incumbents must be willing and able to find a solution with a can do attitude, learn and adapt quickly and remain calm under pressure in a deadline oriented environment. Candidates should be able to effectively manage competing priorities and timelines, interact and communicate effectively with internal and external customers, and work independently without direct supervision. Applicants need to be proficient in Word, Excel and be able to learn new systems quickly.

A university or college degree with a main subject area in Business or Finance is preferred (or equivalent relevant experience). Bilingualism in English and French is an asset.