BMO is the 8th largest bank in North America, and they are seeking a Commercial Banking Credit Analyst Intern. In this role, you will develop strong financial analysis and credit assessment skills while contributing to meaningful projects and building client relationships.
Responsibilities
Analyzes credit information to support lending decisions and processes for new and existing Commercial banking loans and credit solutions in an assigned portfolio of clients
Makes credit decisions and recommendations in compliance with bank policies and procedures while maintaining an exceptional client service environment
Performs financial analysis and calculations and makes recommendations to Manager
Supports portfolio monitoring and compliance, analyses metrics, and assesses industry trends to spot risks and opportunities
Prepares detailed credit summaries to assess creditworthiness and support decision making
Provides content and support for proposals and presentations to capture new business and expand client partnerships
Builds and maintains client relationships to ensure long-term financial performance in collaboration with Relationship Manager and business partners
Structures and supports new, renewal and extension loans aligned with client needs and bank & risk policies
Conducts financial analysis and risk assessments of clients’ credit information, for an assigned portfolio, to provide insights and make informed decisions
Monitors the portfolio performance for assigned portfolio of Commercial Banking clients on an ongoing basis, taking corrective action when required
Minimizes BMO’s risk exposure by adhering to credit policies, regulatory standards, and operational guidelines
Serves as a point of contact for service requests, ensuring expectations are consistently met or exceeded. Escalates issues when needed
Supports and implements initiatives to enhance service quality, acquire new business and expand client relationships
Identifies revenue and cross-selling opportunities to enhance portfolio growth
Identifies share of wallet opportunities
Leverages analysis tools to nurture and grow a portfolio that exceeds ROE thresholds and evaluates client returns on a proactive basis
Manages timely and accurate data entry into BMO's systems and leverages the data to support decision-making
Completes complex & diverse tasks within given rules/limits and may include handling escalations from other employees
Analyzes issues and determines next steps
Broader work or accountabilities may be assigned as needed
Qualification
Required
Enrolled in an undergraduate degree program, graduating Spring 2027
Relevant experience in credit or lending instruments or financial operations in a corporate or banking environment is an asset
Specialized knowledge
Foundational level of proficiency in Financial Analysis
Foundational level of proficiency in Loan Structuring
Foundational level of proficiency in Data Analysis Tools
Foundational level of proficiency in Regulatory Compliance
Foundational level of proficiency in Portfolio Management
Foundational level of proficiency in Credit Risk Assessment
Foundational level of proficiency in Banking Operations
Foundational level of proficiency in Microsoft Office
Foundational level of proficiency in Problem Solving
Foundational level of proficiency in Collaboration
Foundational level of proficiency in Detail-Oriented
Foundational level of proficiency in Analytical Thinking
Preferred
A preferred minimum GPA of 3.2/4.0
A preferred minimum of two undergraduate finance and accounting classes or an equivalent combination of education and experience
Preferred 3 – 4 years of relevant experience in credit or lending instruments or financial operations in a corporate or banking environment
If a Credit Qualifiable job, Credit Qualifications and associated credit knowledge and skills according to the credit portfolio requirements and qualification standards
Bachelor's degree required; Business Administration, Finance and Accounting preferred. Any other related discipline or commensurate work experience considered
Technical proficiency gained through education and/or business experience
Intermediate level of proficiency in Problem Solving
Intermediate level of proficiency in Collaboration
Intermediate level of proficiency in Detail-Oriented
Intermediate level of proficiency in Analytical Thinking
Intermediate level of proficiency in Loan Structuring
Intermediate level of proficiency in Regulatory Compliance
Intermediate level of proficiency in Portfolio Management
Intermediate level of proficiency in Credit Risk Assessment
Intermediate level of proficiency in Banking Operations
Intermediate level of proficiency in Microsoft Office
Advanced level of proficiency in Data analysis tools
Advanced level of proficiency in Financial analysis
Health insurance
Tuition reimbursement
Accident and life insurance
Retirement savings plans
We’re a bank, but there’s more to it than that. When you join BMO, it opens a world of opportunities.
