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New Grad Rotational Program Jobs in Toronto, ON (NOW HIRING)

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New Grad Rotational Program information

See Toronto, ON salary details

$22.4K

$59.4K

$106.4K

How much do new grad rotational program jobs pay per year?

As of Aug 15, 2026, the average yearly pay for new grad rotational program in Toronto, ON is $59,358.00, according to ZipRecruiter salary data. Most workers in this role earn between $38,650.00 and $73,007.00 per year, depending on experience, location, and employer.

What companies offer new grad rotational programs?

Many large corporations across industries such as technology, finance, consulting, and manufacturing offer new grad rotational programs. These programs typically last 1-2 years and provide recent graduates with diverse work experiences, skill development, and exposure to different departments within the company.

What is a new grad rotational program?

A New Grad Rotational Program is a structured entry-level employment program designed for recent graduates. Participants rotate through multiple departments or roles within a company over a period of time, typically 1-2 years. The goal is to provide broad exposure to different areas of the business, helping new grads develop a diverse skill set and identify their preferred career path. These programs often include mentorship, training, and performance feedback. Upon completion, participants usually transition into a permanent role within the company.

What are the key skills and qualifications needed to thrive in a new grad rotational program, and why are they important?

To thrive in a New Grad Rotational Program, you generally need a relevant bachelor’s degree, foundational knowledge in your field, and a demonstrated interest in learning across business functions. Familiarity with productivity software (such as Microsoft Office Suite), basic project management tools, and sometimes industry-specific systems is often expected. Strong adaptability, proactive communication, and teamwork skills help new grads excel as they move between diverse teams and projects. These abilities ensure you can quickly learn, contribute effectively, and build a strong professional network across the organization.

What is the difference between New Grad Rotational Program vs Entry-Level Engineer?

AspectNew Grad Rotational ProgramEntry-Level Engineer
CredentialsBachelor's degree, possibly some internshipsBachelor's degree in engineering or related field
Work EnvironmentMultiple departments, rotational assignmentsSingle department or team focus
PurposeDevelop broad skills, explore different areasPerform specific engineering tasks
DurationTypically 6 months to 2 yearsFull-time, ongoing role

The New Grad Rotational Program is designed to give recent graduates exposure to various departments within a company, helping them develop a broad skill set. In contrast, an Entry-Level Engineer focuses on specific engineering responsibilities within a single team. The rotational program emphasizes learning and exploration, while the entry-level role emphasizes applying engineering skills directly to projects.

What can I expect from the team rotations in a new grad rotational program?

In a New Grad Rotational Program, you will typically rotate through several different teams or departments within the company over the course of 12 to 24 months. Each rotation is designed to give you hands-on experience with diverse projects and working styles, helping you build a broad skillset and a strong internal network. You can expect to collaborate closely with team members, mentors, and managers who will support your learning and provide feedback. This structure helps you discover your strengths and interests, and prepares you for a more permanent placement within the organization after the program.
New Grad Rotational Program jobs near you
Infographic showing various New Grad Rotational Program job openings in Toronto, ON as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $59,358 per year, or $28.5 per hour.

Leadership Development Graduate Rotation Program - Start September 2027

EQ Bank | Canada's Challenger Bank

Toronto, ON

Full-time

Medical, Dental, Vision, Life, PTO

Posted 11 days ago

Job description

Join 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! 


Program / Role Overview  

Our Leadership Development Program (LDP) is designed to accelerate your development through immersive, hands-on experience across key areas of our business. Over 24 months, you'll rotate through multiple teams, gaining exposure to both the core fundamentals of banking and the strategic innovation that drives our digital future. 
 

If you are entering your final year of undergraduate studies in Fall 2026, this is your opportunity to launch your career in a dynamic, purpose-driven environment and make a meaningful impact as part of our September 2027 cohort. 

Why EQB? What's in it for you?

Being a traditional bank just isn't our thing. We believe Canadians deserve better banking - more human and more inclusive. That's why we challenge ourselves to rethink what's possible and deliver smarter, simpler options. Our team is made up of inquisitive and agile minds that find smarter ways of doing things. You'll gain real exposure to the financial services industry, meaningful autonomy and the chance to collaborate with people who will encourage you to reach new heights. 

At EQ, you'll gain more than just rotational experience. The Leadership Development Program is designed to accelerate your growth through meaningful work, broad business exposure, and opportunities to learn from experienced leaders across the organization.   

You will benefit from: 

  • Broad Business Exposure: Build a deeper understanding of banking through rotations across key business lines and functions, helping you develop a well-rounded view of how EQ operates.  

  • Hands-On Experience: Contribute to real business priorities, work on meaningful projects, and develop practical skills that create value for the business and our customers.  

  • Mentorship & Development: Receive guidance, feedback, and support from leaders, managers, and colleagues throughout your rotational journey.  

  • Cross-Functional Networking: Build relationships across teams and business areas while expanding your professional network and understanding of the organization.  

  • Future Career Opportunities: Following successful completion of the program, you'll have the opportunity to transition into a permanent role aligned with your strengths, interests, and business needs. 

What You Will Do?

Year 1: Building the Fundamentals (Months 1-12) - Core Rotations 

You'll build a strong foundation in banking through rotations across EQ's core businesses, with exposure to both Personal Banking and Commercial Banking. During these rotations, you'll gain hands-on experience, develop business acumen, and build an understanding of how different parts of the bank work together to deliver value to customers. 

Personal Banking 

Gain exposure to EQ's digital banking business and customer-focused products and services. 

You may have opportunities to: 

  • Learn about EQ Bank's everyday banking, lending, payment, and digital banking products. 

  • Support business initiatives focused on enhancing customer experience and digital banking capabilities. 

  • Participate in projects involving product development, process improvement, or business analysis. 

  • Collaborate with cross-functional teams to support strategic priorities and customer-focused solutions. 

Commercial Banking 

Develop an understanding of how EQ supports businesses, commercial clients, and institutional partners. 

You may have opportunities to: 

  • Gain exposure to commercial lending and financing solutions. 

  • Learn how commercial banking teams evaluate opportunities and support business growth. 

  • Participate in financial analysis, market research, and business development activities. 

  • Collaborate with internal stakeholders and external partners to support client needs and business objectives. 

Year 2: Applying Knowledge to Solve Complex Problems (Months 13-24) - Elective Rotations 

Building on the banking fundamentals developed through your core rotations, you'll have the opportunity to tailor your experience through elective rotations aligned to your interests, strengths, and career aspirations. Elective rotations may include areas such as: 

Digital Banking & Product 

Help shape the future of banking through product innovation, customer experience enhancements, market research, and digital transformation initiatives. 

Corporate Development & Strategy 

Contribute to enterprise-wide initiatives, strategic planning, and business growth opportunities while developing skills in analysis, problem-solving, and executive-level communication. 

Risk Management 

Develop an understanding of how financial institutions balance growth and innovation with sound risk management through exposure to risk analytics, governance, reporting, and regulatory practices. 

Data & Analytics 

Leverage data to solve business problems, generate actionable insights, and support decision-making through reporting, analytics, and business intelligence initiatives. 

Operations, Marketing & Customer Experience 

Support initiatives that enhance operational effectiveness, customer experience, and business performance while working closely with cross-functional teams. 

Other Enabling Functions 

Gain exposure to the functions that support and enable EQ's growth through projects focused on business performance, technology, transformation, and organizational effectiveness. 

After 24 months of rotations, following your end-of-program review, you'll have the opportunity to transition into a permanent role that aligns with your strengths, interests, and long-term career aspirations.

Who Are You?

  • A final-year student pursuing a bachelor's degree in business, finance, economics, or related discipline with high academic performance 

  • Curious, analytical, and eager to learn 

  • A strong communicator who thrives in a collaborative environment 

  • Strong analytical and problem-solving skills 

  • Passionate about innovation and making a difference in the financial services industry 

The Interview Process: 

  • Shortlisted candidates will be contacted for an initial chat with our Talent Acquisition team. 

  • If successful, you'll be invited to a virtual second-round interview.  

  • Final, third-round interviews will be held in person.  

  • Final offers are expected following the final assessment stage, aptitude testing, and background checks in October 2026. 

Key Recruitment Dates

Please note this is a tentative schedule and might change. We will keep candidates updated for changes. 

Activity 

Date(s) 

Job Posting Opens 

04-Aug-26 

Application Deadline 

19-Aug-26 

Resume Screening 

August 20 - 28, 2026 

Round 1 Interviews (Virtual) 

August 31 - September 11, 2026 

Round 2 Interviews (Virtual) 

September 21 - 25, 2026 

Final Round: Case Study & Presentation (In-Person) 

October 7 or 8, 2026 

Aptitude Test, Background Check & Final Offers 

October 12 - 23, 2026 

How to Submit Your Application Correctly!

Posting date: 4 August 2026

Posting deadline: 19 August 2026 (11:59 pm EST)

Application Requirements:

  • You MUST be a final year undergraduate student enrolled in school to be eligible to apply (Starting your final year in Fall 2026 and graduating by Summer 2027).
  • You MUST submit your cover letter, resume and unofficial transcript as one document. Failure to submit these items will result in your application not being considered.
  • Application will close August 19 at 11:59 pm EST
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 EQ Bank's additional office space located at 2200-25 Ontario Street, Toronto, ON.


Equity, Diversity & Inclusion

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