Internship

Treasury & Payment Solutions Strategy Intern

Posted on 1/6/2025

Bank of Montreal

Bank of Montreal

10,001+ employees

Diversified financial services provider in North America

Fintech
Financial Services

Compensation Overview

$18.03 - $33.41Hourly

+ Commission Structure + Performance-based Incentives + Discretionary Bonuses

Toronto, ON, Canada

Category
Project Management
Strategy Development
Finance & Banking
Business & Strategy
Required Skills
Data Analysis

You match the following Bank of Montreal's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Great communicator
  • Team player
  • Self-motivated
  • Detail-oriented
  • Critical thinker
  • Excellent analytical skills
  • Strong work ethic
  • Relationship building skills
  • Passion for cash management
Responsibilities
  • Assist in the development of business case and scope opportunities through robust data analysis
  • Support with communication and change management plans and execute accordingly
  • Support with research, including industry and competitive research by staying on top of commercial banking trends
  • Support the development of new strategies, new products and road-map by understanding and incorporating continuous feedback from clients and sales partners
  • Assist in the creation of business cases for proposed technological enhancements
  • Assist with project management and other delivery activities
  • Conduct statistical analysis on product and service data to draw interesting insights
  • Identify opportunities to streamline processes and improve efficiency
Desired Qualifications
  • Typically between 2 – 3 years of relevant experience and post-secondary degree in related field of study desirable
  • Specialized knowledge
  • Verbal & written communication skills - Good
  • Organization skills - Good
  • Collaboration & team skills - Good
  • Analytical and problem solving skills - Good

BMO Financial Group provides a variety of banking services to individuals, businesses, and commercial clients primarily in Canada and the United States. Their offerings include personal banking products like savings accounts, mortgages, and personal loans, as well as specialized services for businesses such as commercial loans and treasury management. BMO also operates in capital markets, providing investment banking, trading, and research services. What sets BMO apart from its competitors is its focus on tailored financial solutions that cater to the specific needs of different industries, including agriculture, technology, and real estate. The company's goal is to deliver comprehensive financial services that support the diverse needs of its clients while generating revenue through interest, fees, and commissions.

Company Stage

IPO

Total Funding

N/A

Headquarters

Toronto, Canada

Founded

1988

Simplify Jobs

Simplify's Take

What believers are saying

  • BMO benefits from increased demand for digital banking services.
  • The rise of sustainable finance creates opportunities for BMO's green financial products.
  • Fintech partnerships enable BMO to innovate and expand service offerings.

What critics are saying

  • Increased competition from fintech companies like Wealthsimple and Koho.
  • Rising interest rates could lead to higher default rates on loans.
  • The shift towards digital banking increases the risk of cyber threats.

What makes Bank of Montreal unique

  • BMO offers tailored financial services across diverse industries and client needs.
  • Strong presence in North America with operations in Canada and the United States.
  • BMO's wealth management division provides comprehensive investment advisory and asset management services.

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Benefits

Health Insurance

Tuition Reimbursement

Accident and Life Insurance

401(k) Retirement Plan

Professional Development Budget

Hybrid Work Options

INACTIVE