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Internship

Commercial Banking Credit Analyst Intern

Summer 2025

Posted on 9/4/2024

Bank of Montreal (BMO)

Bank of Montreal (BMO)

10,001+ employees

Provides comprehensive banking services

Robotics & Automation
Consulting
Consumer Software
Enterprise Software
Fintech
Financial Services
Defense

Compensation Overview

$52.8k - $98.4kAnnually

+ Commission + Performance-based incentives + Discretionary bonuses + Other perks and rewards

Minneapolis, MN, USA

Category
Commercial Banking
Finance & Banking
Required Skills
Communications
Financial analysis
Data Analysis
Requirements
  • Typically between 3 – 5 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
  • 3-5 years of previous Commercial Loan and Credit analyst experience required.
  • In depth specific functional knowledge and broad business knowledge.
  • Strong analytical skills.
  • Exceptional skills in quantitative analytics and credit analysis skills.
  • Highly developed written and oral communication skills.
  • Strong proficiency in Microsoft Office products and the Internet.
  • Strong interpersonal skills.
  • Ability to work under limited supervision.
  • Basic understanding of risk management concepts.
  • Ability to learn and adapt quickly.
  • Excellent capability to independently and proactively service multiple clients.
  • Specialized knowledge from education and/or business experience.
  • Verbal & written communication skills - In-depth.
  • Collaboration & team skills - In-depth.
  • Analytical and problem solving skills - In-depth.
  • Influence skills - In-depth.
Responsibilities
  • Facilitates decisioning and analysis of all types of credit information to support lending decisions and processes for the bank.
  • Maintains and promotes a client service environment to satisfy and exceed customer needs and expectations.
  • This role will make credit decisions and recommendations in accordance with sound credit-granting principles and in compliance with Bank Policies & Procedures.
  • Acts timely, efficiently and independently, taking ownership of client satisfaction.
  • May include focused calling and pipeline management activities.
  • Provides advice and guidance to assigned business/group on implementation of solutions.
  • Breaks down strategic problems, and analyses data and information to provide insights and recommendations.
  • Conducts thorough analysis of client capital and credit risk.
  • Provides accurate financial analysis and risk assessment of new and existing customers.
  • Partners with internal stakeholders for accurate, detailed client information.
  • Develops credit information to make lending decisions on new, renewal and extension loans.
  • Assists in negotiations of terms and conditions of all decisions made via phone and e-mail interaction with clients.
  • Prepares summary, present facts and offer opinions concerning credit worthiness.
  • Minimizes BMO’s risk exposure by adhering to internal credit policies and procedures with respect to lending decisions.
  • Provides input into the planning and implementation of operational programs.
  • Builds effective relationships with internal/external stakeholders.
  • Focus may be on a business/group.
  • Thinks creatively and proposes new solutions.
  • Exercises judgment to identify, diagnose, and solve problems within given rules.
  • Works mostly independently.
  • Broader work or accountabilities may be assigned as needed.
Bank of Montreal (BMO)

Bank of Montreal (BMO)

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At BMO, banking is our personal commitment to helping people at every stage of their financial lives. The truth is, people’s needs change: so we change too. But we never change who we are. Which means we’ll never waiver from providing our customers the best possible banking experience in the industry. Our incredible team of over 46,000 people is just the tip of the iceberg. You should get to know us. We’re here to help. Our social media terms of use: https://www.bmo.com/socialmediatermsofuse

Company Stage

IPO

Total Funding

N/A

Headquarters

Toronto, Canada

Founded

1988

Growth & Insights
Headcount

6 month growth

7%

1 year growth

1%

2 year growth

7%
Simplify Jobs

Simplify's Take

What believers are saying

  • BMO's strategic initiatives, like the new SMB banking team, provide employees with opportunities to work on impactful projects that support small businesses.
  • The bank's focus on digital integration, such as the QuickBooks Online portal, positions it as a forward-thinking institution, attracting tech-savvy talent.
  • BMO's active participation in large-scale fundraising and investment activities offers employees exposure to high-profile financial operations and networking opportunities.

What critics are saying

  • The competitive landscape in banking, especially with digital-first banks, could pressure BMO to continuously innovate to retain its market position.
  • Focusing heavily on SMBs might limit BMO's growth potential in other lucrative banking sectors.

What makes Bank of Montreal (BMO) unique

  • BMO's recent focus on SMBs, including the formation of a dedicated SMB banking team, sets it apart from larger banks that may not offer specialized support for small businesses.
  • The creation of a portal for seamless data sharing with QuickBooks Online highlights BMO's commitment to integrating modern financial tools for its clients.
  • BMO's involvement in significant fundraising efforts, such as the $39.9M for Georgian Alignment II Access Fund, showcases its strong position in capital markets.