Payouts Administrator
EQ Bank | Equitable Bank
About this role
This role is responsible for managing mortgage payout requests, ensuring accurate calculations of prepayment charges and timely preparation of payout statements. The position involves responding to inquiries from solicitors, notaries, and financial institutions and following up on payout funds. It also includes managing shortfalls, reactivating mortgages when necessary, and coordinating with internal teams to retain mortgages. The role is based in Toronto within a growing challenger bank focused on innovative digital banking solutions.
Skills
About EQ Bank | Equitable Bank
equitablebank.caEquitable Bank is a Canadian challenger bank delivering branchless, digital-first financial services tailored to Canadians. It offers mortgages, savings accounts and investment options designed to meet unique personal and investor circumstances. The bank emphasizes flexible, customer-focused solutions and direct channels to simplify access to lending and savings. As a regulated Canadian bank, Equitable positions itself as a nimble alternative to the big banks with competitive products and personalized service.
Recent company news
EQ Bank CEO says Canada needs to give smaller banks similar capital treatment
3 weeks ago
EQ Bank Review 2026: Under The Hood Of A Leading Challenger Bank
2 weeks ago
EQB Inc. appoints Mike Pedersen to the Board of Directors effective immediately and will nominate him as Chair in April 2026 following the retirement of Vincenza Sera
Dec 17, 2025
How cloud-native core banking helped EQ Bank grow through improved customer experience
Sep 2, 2025
EQB to acquire PC Financial and insurance arms in $800 million deal
Dec 4, 2025
About EQ Bank | Equitable Bank
Headquarters
San Francisco, CA
Company Size
201-500 employees
Founded
2018
Industry
Technology
Glassdoor Rating
4.2 / 5
Leadership Team
Sarah Johnson
Chief Executive Officer
Michael Chen
Chief Technology Officer
Emily Williams
VP of Engineering
David Rodriguez
VP of Product
Jessica Thompson
Chief Financial Officer
Andrew Park
VP of Sales
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and employee contacts for EQ Bank | Equitable Bank.
Salary
$57k – $76k
per year