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Internship

Commercial Banking Credit Analyst Internship

Summer 2025, 4 Months, Toronto

Confirmed live in the last 24 hours

Bank of Montreal

Bank of Montreal

10,001+ employees

Provides comprehensive banking services

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

Compensation Overview

$18.03 - $33.41Hourly

+ Commission + Performance-based incentives + Discretionary bonuses

Toronto, ON, Canada

This role is located in Toronto. Must be actively seeking to work in Toronto as a Summer 2025 intern.

Category
Commercial Banking
Finance & Banking
Required Skills
Communications
Financial analysis
Requirements
  • Typically between 2 – 3 years of relevant experience and post-secondary degree in related field of study desirable or an equivalent combination of education and experience; however as part of the BMO campus program, we are looking for motivated individuals with a strong desire to learn.
  • Specialized knowledge.
  • Verbal & written communication skills - Good.
  • Organization skills - Good.
  • Collaboration & team skills - Good.
  • Analytical and problem solving skills - Good.
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.
  • Advises and recommend alternative means of financing for borrowers/prospects when it is determined that loan structure is not in the best interest of BMO.
  • Analyzes financial information, tax returns, credit bureau reports and other related materials.
  • 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.
  • 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.

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 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.