Commercial Banking Credit Analyst Intern
Summer 2024, Weeks, Minneapolis
Posted on 9/5/2023
Bank of Montreal (BMO)
Minneapolis, MN, USA
Experience Level
  • 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
  • Qualifications:
  • Typically 3 - 5 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience
  • Typically 3 - 5 years of previous Commercial Loan and Credit analyst experience required; however as part of the BMO campus program, we are looking for motivated students with a strong desire to learn
  • 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