Intern - Strategic Sourcing & Third-Party Management , Winter 2027
ConfidentialJoin 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! Work Term: January - April 2027 The Strategic Sourcing & Third-Party Management (SS&TM) team is seeking a Co-op Student to support key initiatives across Procurement, Contract Management, Third-Party Risk Management (TPRM), operational reporting, process improvement, and AI-enabled innovation. This role works closely with Legal, Privacy, Information Security, Operational Risk Management, Finance, Technology, and business stakeholders to support the sourcing, contracting, onboarding, governance, and lifecycle management of third-party relationships. The successful candidate will gain hands-on experience in Strategic Sourcing, Contract Management, Third-Party Risk Management, Vendor Governance, Business Process Improvement, Data Analytics, and the practical application of Artificial Intelligence within a regulated financial services environment. In addition to supporting daily operations, this role will help identify opportunities to improve team efficiency through the responsible adoption of AI, automation, analytics, and digital tools. The Core Responsibilities of the Job Procurement & Third-Party Management Support Support the administration and coordination of Third-Party Intake requests and supplier onboarding activities Review intake submissions for completeness and follow up on outstanding information and documentation; Assist with maintaining accurate third-party records within the TPRM platform Maintain intake (onboarding, contract, renewal) and third-party management pipeline trackers Assist with gathering supplier due diligence documentation and maintaining; Coordinate stakeholder follow-ups and assist with workflow management activities. Support operational reporting and data management activities across Procurement and Third-Party Management functions. Contract Management & Contract Repository Administration Support contract lifecycle management activities, including filing executed agreements, amendments, statements of work, renewals, and termination notices within the contract repository Maintain organized contract records and archive documentation in accordance with established record retention requirements Retrieve contracts and supporting documentation in response to ad hoc stakeholder requests Conduct contract repository searches and compile agreement inventories based on specified criteria for Procurement, Legal, Operational Risk, Vendor Management, and business stakeholders Facilitate the electronic upload and maintenance of contract records within the Mitratech Third-Party Risk Management (TPRM) platform Update and maintain contract renewal, expiration, notice, and termination dates within the TPRM system to support automated notifications and ongoing monitoring activities Review and validate contract metadata, vendor records, and related information for accuracy, completeness, and reporting readiness; Identify and remediate data quality gaps, inconsistencies, and missing information across contract and vendor records Support contract reporting, audits, data reconciliation activities, and document management initiatives Reporting, Analytics & Business Insights Prepare recurring reports, dashboards, presentations, and management updates Support dashboard development using Excel, Po…