Financial Governance, Audit & Internal Controls Analyst, Winter 2027 (Co-op/Internship) - 4 Months

Bank of Montreal; Toronto; On-site; CAD 41,000 - 80,000; Full time

Job summary

BMO Financial Group in Toronto seeks a Finance & Accounting professional focused on Financial Risk and Internal Controls, not standard reporting. You will build and maintain governance frameworks, implement controls, and guide regulatory compliance across the business.

Responsibilities include coordinating oversight activities, reporting to senior leadership, delivering training, and driving process improvements while collaborating with internal stakeholders.

Qualifications

• Accounting/Finance degree or equivalent.
• Experience with audit/internal controls testing (SOX/FDICIA).
• Advanced Excel skills (Pivot Tables, formulas, VLOOKUP).
• Power BI experience is a plus.
• Experience using AI tools is beneficial.
• Strong leadership and communication skills for senior leadership presentations.
• Analytical mindset with a focus on reporting and workflow improvements.
• Transcripts required.

Responsibilities

• Develop and maintain governance/controls framework.
• Advise on governance framework implementation and guidance.
• Coordinate oversight activities: reporting, training needs, attestations.
• Monitor and report governance program status to stakeholders.
• Support policy lifecycle, training, and procedures.
• Interpret new regulations and assess impact on governance.
• Maintain knowledge of risk management requirements and directives.
• Communicate regulatory changes to internal teams.
• Lead governance meetings and prepare agendas/minutes.
• Collaborate with stakeholders to align business context.

Skills

Audit / Internal Test Controls

Excel (Pivot Tables, Formulas, VLOOKUP

Power BI

AI tools

Leadership & communication

Reporting & workflow improvement

Problem solving

Transcripts required

Education

Accounting/Finance degree

Tools

Power BI

AI tools

Job description

Application Deadline: 10/22/2026

Address: 100 King Street West

Job Family Group: Finance & Accounting

This team focuses on Financial Risk and Internal Controls rather than standard Financial Reporting.

Skills Required:

• Education background in Accounting and or Finance
• Solid experience with Audit /Internal Test Controls – SOX & FDICIA is best
• Very strong advanced Excel (pivot tables/formulas, VLOOKUP etc.)
• Power BI experience is great to have
• Experience using AI tools considered a strong benefit
• Must possess strong leadership & communication skills, will work with, and present content to Senior Leadership
• Possess problem solving skills, interested in creating reporting & workflow, process efficiencies
• Transcripts required

This team focuses on Financial Risk and Internal Controls rather than standard Financial Reporting.

Develops or maintains an effective financial governance and controls framework that defines the ways and methods governance is implemented, managed, and monitored in the business/group. The governance framework includes policies, guidelines and provides programs, practices and measures to promote transparency, accuracy, consistency across groups. Applies specialized knowledge of Accounting & Financial management risk, regulatory compliance and internal controls related to financial processes and information.

• Develops governance and control related solutions and makes recommendations based on an understanding of the business strategy and stakeholder needs.
• Provides advice and guidance to assigned business/group on implementation of the governance framework, including effective challenge.
• Coordinates and participates in the execution of oversight/governance activities including: reporting, assessment of education & training needs, development/delivery of training, development and execution of regulatory administration processes & procedures, management of review/updates to policies, etc.
• Assists with the maintenance, monitoring, measurement & reporting on the status of the governance program to various internal & external stakeholder audiences.
• Supports policy/standard/operating procedures lifecycle management, education and training assessment, development & delivery, coordination of attestation programs, reporting, etc.
• Assists with the interpretation of new or changing regulations and assessing impacts to the governance frameworks and program requirements.
• Develops and maintains in-depth knowledge of business and related risk management requirements and legislative/ regulatory directives and guidance.
• Supports the group/program leader in communicating advice across the Bank on regulatory environment changes to ensure changes are understood.
• Supports the management of governance meetings (e.g. committee, management, board meetings, etc.) as required; facilitates development and approval of agendas, gathering and distribution of documentation related to agendas, and creation of meeting minutes/output.
• Builds effective relationships with internal/external stakeholders.
• Acts as liaison between stakeholders in order to align agendas and ensure a clear understanding of the business context.
• Supports development and execution of strategic initiatives in collaboration with internal and external stakeholders.
• Leads or participates in change management activities of varying scope and type.
• Breaks down strategic problems, and analyzes data and information to provide governance insights and recommendations.
• Monitors and tracks performance, and addresses any issues.
• Assists in the identification, classification and addressing of issues.
• Assists with the coordination and management of the review and sign-off of relevant regulatory reporting.
• 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.
• Take measured risks while protecting the bank by applying our Risk Management Framework in the execution of your role, in line with our Risk Culture and within our approved Risk Appetite, making sound and risk informed decisions that align to business strategy, protect assets, and adhere to applicable policy documents (Frameworks, Policies, Standards, Procedures and Supporting documents), laws and regulations.

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.