2027 Banking Consulting Intern

West Monroe; New York (NY); Hybrid; USD 44,000 - 66,000; Full time

Job summary

West Monroe is seeking Banking Consulting Interns for our Banking Practice in New York. You will work across business, technology, and management consulting engagements, gaining exposure to the financial services industry while partnering with clients on strategy, transformation, and delivery initiatives.

You will apply AI technologies to enhance insights, drive digital transformation, and improve delivery efficiency, with a focus on commercial and retail banking, technology modernization, and

Qualifications

• Bachelor’s degree in progress with graduation between Dec 2027 and Aug 2028.
• Minimum GPA 3.0.
• Legally authorized to work in the United States without sponsorship now or in the future.
• Reside within 50 miles of the assigned office; hybrid work model.
• Willing to travel up to 50%; travel expenses covered by West Monroe.
• Experience integrating AI tools (e.g., ChatGPT) into workflows; strong critical thinking.

Responsibilities

• Tailor solutions and build partnerships to empower clients.
• Support executives to solve challenges via research, analysis, collaboration, and problem solving.
• Gain exposure to Commercial Banking, Retail Banking, Banking Technology and AI Enablement, Wealth Management.
• Leverage AI tools to accelerate analysis, synthesize complex information, and support data-driven recommendations.

Skills

Analytical thinking

Written communication

Verbal communication

Team collaboration

Leadership

Curiosity about AI

Organization & prioritization

Education

Bachelor’s degree in progress

Tools

Excel

PowerPoint

AI tools (ChatGPT)

Job description

To help our recruiting team focus on your preference, please submit your application for the practice and location that is your top priority. While you can apply to up to three roles within 30 days, prioritizing your top choice is recommended. If you submit a fourth application within the 30 days, you will receive a rejection email indicating that you have reached the limit of applications you can submit.

Launch your consulting journey with West Monroe

West Monroe is seeking Consulting Interns for our Banking Practice. As consolidation, regulation, and technology continue to reshape the banking landscape, there are exciting opportunities to partner with clients on strategy, transformation, and delivery initiatives.

As a Banking Consulting Intern, you will work across business, technology, and management consulting engagements, gaining valuable exposure to multiple facets of the financial services industry. With consolidation, regulation, technological advances, and significant market level changes shaping the landscape, interns can gain valuable experience and exposure to different aspects of the industry.

Primary Responsibilities

• Apply personal and corporate knowledge to tailor solutions and build partnerships, empowering clients to gain competitive advantage in their markets.
• Support business and technology executives to solve key challenges within the financial services industry early on in your career through research, analysis, collaboration, and problem solving.
• Gain exposure to one or more of the following segments:

Commercial Banking

• Commercial lending and leasing operating model optimization, small business administration (SBA) lending, equipment finance, alternative business lending, agricultural lending, and farm credit
• Treasury management
• Risk, regulation, and compliance
• Mergers and acquisitions

Retail Banking

• Branch optimization, payments processing management, merchant and card services, and loyalty programs
• Consumer lending and leasing, mortgage, and home equity

Banking Technology and AI Enablement

• Technology, data, and platform modernization supporting digital transformation across banking
• AI use case identification and implementation to improve banking processes and decision-making

Wealth Management

• Client & Advisor Experience – Digital experiences, advisor enablement, and personalized engagement
• Business & technology transformation through operating model optimization

• Leverage AI tools to accelerate analysis, synthesize complex information, and support data-driven recommendations for clients, exercising sound judgment in evaluating outputs.
• Apply AI technologies (e.g., generative AI, automation tools, data models) to enhance insights, improve delivery efficiency, and elevate the quality of client outcomes.

What You’ll Bring To The Team

• Sharp analytical thinking and an interest in solving complex problems
• Effective written and verbal communication skills
• A collaborative mindset and enthusiasm for working as part of a team
• Ability to stay organized and manage priorities in a dynamic environment
• Demonstrated leadership through academics, extracurricular activities, or prior work experience
• Curiosity about emerging technologies, including AI, and a passion for continuous learning and innovation

Required Qualifications

• Bachelor’s degree in progress, with an expected graduation date between December 2027 and August 2028
• Minimum cumulative GPA of 3.0
• Legally authorized to work in the United States without limitation or sponsorship now or in the future (e.g., OPT, H-1B visa, TN, etc.)
• Reside within 50 miles of your assigned office prior to your start date; our culture emphasizes team collaboration within a hybrid work model
• Ability and willingness to travel (up to 50%); travel expenses covered by West Monroe
• Experience integrating AI tools (e.g., ChatGPT) into day-to-day workflows to enhance productivity and insight generation, coupled with strong critical thinking to assess accuracy, mitigate bias, and ensure high-quality outputs

• You will be asked to confirm your expected graduation month and year at the offer stage and prior to beginning your internship
• We do request & review official transcripts from your school prior to the start of our internship program
• If your expected graduation date falls outside of this range or changes, you are not eligible for this internship

Preferred Qualifications

• Majors with a focus in:
• Business Administration
• Business Analytics
• Economics
• Finance
• Familiarity with Microsoft Excel, PowerPoint, and applying data to analyze business problems
• Interest in the financial services industry, including commercial banking, retail banking, and banking technology such as leading Fintech companies, as well as traditional core technology providers

Based on pay transparency guidelines, the pay rate for this role is $40.00.

Join our team and make a lasting impact!

Other consultancies talk at you.

At West Monroe, we work with you.

We’re a global business and technology consulting firm passionate about creating measurable value for our clients, delivering real-world solutions.

The combination of business and technology is not new, but how we bring them together is unique. We’re fluent in both. We know that technology alone is not the answer, but how we apply it is. We rely on data to constantly adapt and solve new challenges. Actions that work today with outcomes that generate value for years to come.

At West Monroe, we zero in on the heart of the opportunity, getting to results faster and preparing people for what’s next.

You’ll feel the difference in how we work. We show up personally. We’re right there in the room with you, co‑creating through the challenges. With West Monroe, collaboration isn’t a lofty promise, but a daily action. We work together with you to turn vision into clear action with lasting impact.

West Monroe is an Equal Employment Opportunity Employer

We believe in treating each employee and applicant for employment fairly and with dignity. We base our employment decisions on merit, experience, and potential, without regard to race, color, national origin, sex, sexual orientation, gender identity, marital status, age, religion, disability, veteran status, or any other characteristic prohibited by federal, state or local law. To learn more about diversity, equity and inclusion at West Monroe, visit www.westmonroe.com/inclusion. If you require a reasonable accommodation to participate in our recruiting process, please inquire by sending an email to [e-mail].