Commercial Banking Credit Analyst Internship, Summer 2027 (Co-op/Internship) - 4 months

BMO; Toronto; On-site; CAD 41,000 - 80,000; Part time

Benefits offered by this job

Health insurance

Tuition reimbursement

Accident and life insurance

Retirement savings plans

Job summary

BMO is seeking a Commercial Banking Credit Analyst Intern to develop financial analysis and credit assessment skills, supporting lending decisions and risk evaluation for a Toronto-based portfolio. You will work with experienced bankers to grow client partnerships, analyze industry trends, and contribute to proposals and presentations that capture new business opportunities.

The internship runs May 3, 2027 through August 13, 2027, with full-term availability required and a focus on hands-on

Qualifications

• Enrolled in an undergraduate degree program, graduating Spring 2028.
• A preferred minimum GPA of 3.2/4.0.
• A preferred minimum of two undergraduate finance and accounting classes or an equivalent combination of education and experience.
• Relevant experience in credit or lending instruments or financial operations in a corporate or banking environment is an asset.
• Specialized knowledge.

Responsibilities

• Analyzes credit information and supports lending decisions for Commercial Banking loans.
• Performs financial analysis and calculations and makes recommendations to Manager.
• Supports portfolio monitoring and compliance, analyses metrics, and assesses industry trends to spot risks and opportunities.
• Prepares detailed credit summaries to assess creditworthiness and support decision making.
• Provides content and support for proposals and presentations to capture new business and expand client partnerships.
• Builds and maintains client relationships to ensure long-term financial performance with Relationship Manager.
• Structures and supports loans aligned with client needs and risk policies.
• Conducts financial analysis and risk assessments to provide insights for decisions.
• Monitors portfolio performance and takes corrective actions.
• Minimizes risk by adhering to policies and regulatory standards.
• Serves as a point of contact for service requests and escalations.
• Identifies revenue and cross-selling opportunities and shares wallet opportunities.
• Leverages analysis tools to grow a portfolio that meets ROE thresholds.
• Ensures accurate data entry into systems for decision support.
• Other duties as assigned.

Skills

Financial Analysis

Loan Structuring

Data Analysis Tools

Regulatory Compliance

Portfolio Management

Credit Risk Assessment

Banking Operations

Microsoft Office

Problem Solving

Collaboration

Detail-Oriented

Analytical Thinking

Education

Undergraduate degree program, Spring 2028

GPA 3.2/4.0

Two undergraduate finance and accounting classes

Experience in credit or lending instruments or financial operations

Specialized knowledge

Tools

Microsoft Office

Data Analysis Tools

Job description

Internship Start Date: The internship program begins on May 3rd 2027, and concludes on August 13th 2027. Due to the structured nature of the program, onboarding activities, and cohort experience, candidates are expected to be available for the full internship term. Availability for the entire program duration is required to successfully participate in the internship.

You are a great communicator, team player, self-motivated, detail-oriented, critical thinker with excellent analytical skills, strong work ethic, relationship building skills and a passion for Commercial Banking.

As a Commercial Banking Credit Analyst Intern at BMO, you’ll have the opportunity to develop strong financial analysis and credit assessment skills while working alongside experienced Commercial Bankers who are passionate about client success.

You’ll contribute to meaningful projects, sharpen your ability to assess risk and learn how BMO partners with businesses to fuel growth.

This is more than an internship – it’s a chance to explore a career in commercial banking, expand your personal network, and make a real impact with one of the largest banks in North America.

This internship role is located in Toronto. Please apply only if you are interested in working in this location.

Analyzes credit information to support lending decisions and processes for new and existing Commercial banking loans and credit solutions in an assigned portfolio of clients. Makes credit decisions and recommendations in compliance with bank policies and procedures while maintaining an exceptional client service environment.

• Performs financial analysis and calculations and makes recommendations to Manager.

• Supports portfolio monitoring and compliance, analyses metrics, and assesses industry trends to spot risks and opportunities.

• Prepares detailed credit summaries to assess creditworthiness and support decision making.

• Provides content and support for proposals and presentations to capture new business and expand client partnerships.

• Builds and maintains client relationships to ensure long-term financial performance in collaboration with Relationship Manager and business partners.

• Structures and supports new, renewal and extension loans aligned with client needs and bank & risk policies

• Conducts financial analysis and risk assessments of clients’ credit information, for an assigned portfolio, to provide insights and make informed decisions

• Monitors the portfolio performance for assigned portfolio of Commercial Banking clients on an ongoing basis, taking corrective action when required.

• Minimizes BMO’s risk exposure by adhering to credit policies, regulatory standards, and operational guidelines.

• Serves as a point of contact for service requests, ensuring expectations are consistently met or exceeded. Escalates issues when needed.

• Supports and implements initiatives to enhance service quality, acquire new business and expand client relationships.

• Identifies revenue and cross-selling opportunities to enhance portfolio growth.

• Identifies share of wallet opportunities.

• Leverages analysis tools to nurture and grow a portfolio that exceeds ROE thresholds and evaluates client returns on a proactive basis.

• Manages timely and accurate data entry into BMO’s systems and leverages the data to support decision-making.

• 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.

Qualifications:

As part of the BMO campus program, we are looking for motivated students with a strong desire to learn.

• Enrolled in an undergraduate degree program, graduating Spring 2028.

• A preferred minimum GPA of 3.2/4.0.

• A preferred minimum of two undergraduate finance and accounting classes or an equivalent combination of education and experience.

• Relevant experience in credit or lending instruments or financial operations in a corporate or banking environment is an asset.

• Specialized knowledge.

Foundational level of proficiency:

• Financial Analysis

• Loan Structuring

• Data Analysis Tools

• Regulatory Compliance

• Portfolio Management

• Credit Risk Assessment

• Banking Operations

• Microsoft Office

• Problem Solving

• Collaboration

• Detail-Oriented

• Analytical Thinking

Salary

$40,500.00 - $80,000.00

Pay Type:

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

About Us

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.