03/14/2024

Address:

100 King Street WestCapital Mrkts Sales & Service

BMO Capital Markets is a leading, full-service North American-based financial services provider offering equity and debt underwriting, corporate lending and project financing, merger and acquisitions advisory services, securitization, treasury management, market risk management, debt and equity research and institutional sales and trading. BMO Capital Markets has over 2,800 professionals in 35 locations around the world, including 23 offices in North America.

BMO Capital Markets is a member of BMO Financial Group (NYSE, TSX: BMO), one of the largest diversified financial services providers in North America with US$924 billion total assets and approximately 57,000 employees as of April 30, 2023.

We are committed to providing undergraduate students with opportunities to learn, grow and contribute to our diverse and inclusive culture. BMO’s Zero Barriers to Inclusion 2025 is a multi-year strategy focusing on providing access and opportunities both inside and outside the bank.

Driven by our Purpose to Boldly Grow the Good in business and life, we are removing barriers and building an inclusive society through equity, equality and inclusion. This scholarship rewards exceptional undergraduate students who are interested in pursuing a career in Capital Markets. 

• Scholarship recipients receive an offer of paid employment for a 2025 15-week Summer Analyst intern position at BMO Capital Markets in Toronto, Montreal, Calgary or Vancouver 
• Recipients will be paired with a Capital Markets professional to provide coaching and mentorship throughout their internship 
• Students receive formal and on-the-job training, opportunities to network and collaborate with other student interns, and access to ongoing professional development throughout their internship 
• Successful recipients of a $10,000.00 (CAD) scholarship award will receive their award via payment to their school’s financial aid office, to be applied to their tuition.

What roles are available? 

• Investment Banking Summer Analyst
• Corporate Banking Summer Analyst
• Global Markets Summer Analyst
• Global Markets Quantitative Summer Analyst

What’s in it for you? 

• Summer Analysts start the internship by completing a one-week training and orientation program 
• During the next 15 weeks, in addition to on-the-job experience in your assigned business group, you will participate in professional development sessions and events throughout the summer  
• Beyond the on-the-job experience, you will have opportunities to network across various business groups, learn about BMO Capital Markets culture, participate in learning seminars, get feedback, and receive coaching and career guidance from mentors while broadening your skills 
• Upon successful completion of this internship, you may receive a full-time offer from BMO Capital Markets 

Eligibility criteria: 

• You are a student at an accredited Canadian Post Secondary Institution/University, currently enrolled in an undergraduate program with a graduation date of December 2025 or Spring 2026 
• You self-identify with the following: Women, Black community, Indigenous (First Nations, Inuit, Métis) persons of Canada, People of Colour, 2SLGBTQ+ community and Persons with Disabilities
• You are available to work full-time from May-August 2025 
• You have a minimum GPA of 3.0/4.0 
• You are involved in diverse extra-curricular activities and community organizations 
• You are a Canadian citizen, permanent resident of Canada, or an individual who is legally authorized to work in Canada and will not require sponsorship in the future 
• You are not already receiving 100% tuition coverage from other sources and must have a current unmet need of $10,000 CAD or more.

Application requirements:  

Please submit the following three items as a single PDF file and submit under the Resume section of the online application.  

• One-page resume 
• Cover letter including: 
  • Summer Analyst role of interest (Investment Banking, Corporate Banking Analyst, Global Markets Generalist or Global Markets Quantitative) 
  • Location preference: Toronto, Montreal, Vancouver, or Calgary
• Unofficial Transcript

Timeline and selection process 

• Application deadline: March 14, 2024 
• Shortlisted candidates will be notified and invited to virtually interview beginning in March 2024
• First and final round interviews will take place in March.  Scholarship recipients will be notified and announced upon conclusion of all final round interviews

Global Markets Overview:

Summer Analysts work in the Global Markets Group of BMO Capital Markets, comprising Client Coverage, Origination, Digital and Liquid Trading, Structured Products Trading, Equity Products, and Financial Resource Management. Global Markets serves institutional, corporate, and government clients.

A variety of desks host Summer Analysts including Equity Sales and Trading, Clearpool E-trading, Prime Finance, Structured Notes Sales and Trading, Leveraged Finance, Securitized Products Sales and Trading, Origination, Debt Capital Markets, and US Interest Rates Sales and Trading.

Summer interns will work on one desk in Global Markets over a 15-week period. Interns will be provided with desk job descriptions prior to starting and will be placed based on preference and skill set. Each intern will complete one week of onboarding and training with other interns across BMO Capital Markets. There are continuous professional development activities throughout the summer. These activities include teach-ins, trading games, meetings with senior leaders, and networking events with both peers and Senior Leadership.

Responsibilities:

Summer interns are fully integrated into an assigned desk. Responsibilities will vary widely from day to day based on the needs of the business and the current market environment. Depending on the assigned desk, intern skill set, and business needs, responsibilities may include:

• Development and deployment of business solutions such as pricing and risk models
• Market data capture and display, spreadsheet development
• Providing insight into trading strategies leveraging quantitative modelling
• Improving on existing technology involving system infrastructure, internal reporting, client/management presentations, etc.
• Bespoke projects requiring market, portfolio, or client research and data analytics
• Creating client presentation materials using PowerPoint and Excel
• Developing client trade ideas
• Planning client events
• Recapping and organizing market data and events
• Shadowing and learning from Trading, Sales, and Strategy professionals

Qualifications:

We are looking for highly motivated individuals who can work well in a competitive, market-driven, team-based environment and seek a challenge. Global Markets encompasses a diverse group of individuals with a variety of skill sets and job functions. We look to create a diverse intern class that can fit into different roles across Global Markets.

Required Qualifications:

• Currently enrolled in an undergraduate program with a graduation date of December 2025 or Spring 2026
• Strong academic record –minimum 3.0/4.0 GPA
• Extracurricular achievement;
• Demonstrated interest in and knowledge of financial markets;
• Excellent research and analytical skills, able to collect, analyze and interpret data;
• Strong interpersonal skills used within a demanding team environment;
• Demonstrated proactivity, resiliency, positive attitude and high motivation;
• Strong written and oral communication skills;
• Ability to attentively review, assess and provide detailed information daily on multiple projects in an organized manner;
• Excellent capacity to independently function as part of a team through self -motivation;
• Strong work ethic and a high level of professional integrity; Detail and results orientated.

• You are a Canadian citizen, permanent resident of Canada, or an individual who is legally authorized to work in Canada and will not require sponsorship in the future 

Additional Preferred Technical Qualifications:

• Currently working towards a degree in: Finance, Engineering, Actuarial Science, Computer Science, Business, Mathematics, Physics, or Statistics;
• Knowledge and/or experience of front-end developer languages (HTML, CSS, JavaScript, React, Angular);
• Knowledge and/or experience in back end developer languages (C++, C#, Java, Python, VBA);
• Knowledge and/or experience of at least one type of statistical programming language (i.e. R, MatLab);
• Database experience (SQL, Oracle);
• Familiarity with data manipulation and strong quantitative/statistical background;
• Understanding of mathematical models;
• Fluency in Excel, including scripting and efficient spreadsheet design;
• Strong technical writing ability.

Please note the salary for this specific position is $95,000.

Salaried

The above represents BMO Financial Group’s pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.

BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards

We’re here to help

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.

To find out more visit us at https://jobs.bmo.com/ca/en.

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.