Credit Analyst Internship

This internship is part of the Commercial Sales & Service group. You will analyze credit information to support lending decisions and processes for new and existing Commercial banking loans and credit solutions. You will make credit decisions and recommendations in compliance with bank policies and procedures while maintaining an exceptional client service environment.

Key Responsibilities

• Perform financial analysis and calculations and make recommendations to the Manager.
• Support portfolio monitoring and compliance, analyze metrics, and assess industry trends to identify risks and opportunities.
• Prepare detailed credit summaries to assess creditworthiness and support decision-making.
• Provide content and support for proposals and presentations to capture new business and expand client partnerships.
• Build and maintain client relationships to ensure long-term financial performance in collaboration with the Relationship Manager and business partners.
• Structure and support new, renewal, and extension loans aligned with client needs and bank and risk policies.
• Conduct financial analysis and risk assessments of clients' credit information for an assigned portfolio to provide insights and make informed decisions.
• Monitor portfolio performance for an assigned portfolio of Commercial Banking clients on an ongoing basis, taking corrective action when required.
• Minimize BMO's risk exposure by adhering to credit policies, regulatory standards, and operational guidelines.
• Serve as a point of contact for service requests, ensuring expectations are consistently met or exceeded. Escalate issues when needed.
• Support and implement initiatives to enhance service quality, acquire new business, and expand client relationships.
• Identify revenue and cross-selling opportunities to enhance portfolio growth.
• Identify share of wallet opportunities.
• Leverage analysis tools to nurture and grow a portfolio that exceeds ROE thresholds and evaluate client returns on a proactive basis.
• Manage timely and accurate data entry into BMO's systems and leverage the data to support decision-making.
• Complete complex and diverse tasks within given rules and limits, and may include handling escalations from other employees.
• Analyze issues and determine next steps.
• Broader work or accountabilities may be assigned as needed.
• Take measured risks while protecting the bank by applying our Risk Management Framework in the execution of your role, in line with our Risk Culture and within our approved Risk Appetite, making sound and risk-informed decisions that align with business strategy, protect assets, and adhere to applicable policy documents, laws, and regulations.

Qualifications

• Relevant experience in credit or lending instruments or financial operations in a corporate or banking environment is preferred.
• If a Credit Qualifiable job, Credit Qualifications and associated credit knowledge and skills according to the credit portfolio requirements and qualification standards.
• Specialized knowledge.

Foundational level of proficiency in:

• Financial Analysis
• Loan Structuring
• Data Analysis Tools
• Regulatory Compliance
• Portfolio Management
• Credit Risk Assessment
• Banking Operations
• Microsoft Office
• Problem Solving
• Collaboration
• Detail-Oriented
• Analytical Thinking

Internship Details

The internship program begins on June 7, 2027, and concludes on August 13, 2027. Due to the structured nature of the program, onboarding activities, and cohort experience, candidates are expected to be available for the full internship term. Availability for the entire program duration is required to successfully participate in the internship.

About BMO

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities, and our people. By working together, innovating, and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected, and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one, for yourself and our customers. We'll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we'll help you gain valuable experience and broaden your skillset.

BMO is proud to be an equal employment opportunity employer. We evaluate applicants without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or any other legally protected characteristic. We also consider applicants with criminal histories, consistent with applicable federal, state, and local law.

BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to [email protected] and let us know the nature of your request and your contact information.