Wealth Management Development Associate – Chicago, IL (New Grad)

Bank of Montreal; Chicago (IL); On-site; USD 45,000 - 83,000; Full time

Benefits offered by this job

Health insurance

Tuition reimbursement

Accident and life insurance

Retirement savings plans

Job summary

Bank of Montreal in Chicago, IL is launching a Wealth Management Development Program for new graduates. This 12-month rotation-based program provides exposure to wealth management disciplines, building foundational knowledge and leadership potential.

Participants contribute to program design, execution, and stakeholder collaboration while developing change management skills and insights from real-world assignments. Compensation reflects a salaried role with benefits and growth opportunities.

Qualifications

• Enrolled in an undergraduate degree program, graduating Spring 2026.
• Verbal and written communication skills are required.
• Collaboration and teamwork skills are essential.
• Analytical and problem-solving abilities are expected.
• Legally authorized to work in the U.S. without sponsorship.

Responsibilities

• Supports the management and execution of the assigned program or project.
• Interacts with stakeholders to ensure effective and seamless delivery.
• Develops insights and recommendations through data analysis.
• Keeps program documentation and reports up to date.
• Assists in change management activities and communications.

Skills

Verbal & written communication

Collaboration & teamwork

Analytical & problem solving

Influence skills

Education

Undergraduate degree program (graduating Spring 2026)

Job description

Application Deadline:

10/03/2025

Address:
320 S Canal Street

Job Family Group:
Strategy & Change

Wealth Management Development Program (WMDP) offers new graduates the experience to learn and work alongside our talented Wealth Management professionals and leaders, setting a solid foundation for a future career within Wealth Management. During this 12-month program you will rotate through various Wealth Management disciplines to provide you with foundational knowledge of our business and the opportunity to showcase your skills to colleagues and leaders.

This new graduate role is located in Chicago, IL. Please apply only if you are interested in working in this location on an on-going basis.

Supports the management & execution of the assigned business/group program or project, including providing input to design, development & execution. Supports the execution of program components working with internal & external stakeholders to ensure effective & seamless delivery.

• Develops 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 solutions.
• Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.
• Builds effective relationships with internal/external stakeholders.
• Breaks down strategic problems, and analyzes data and information to provide insights and recommendations.
• Monitors and tracks performance, and addresses any issues.
• Leads or participates in defining the communication plan designed to positively influence or change behaviour; develops tailored messaging; and identifies appropriate distribution channels.
• Builds change management plans of varying scope and type; leads or participates in a variety of change management activities including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives.
• Supports the management of the program/project, including developing program components, promoting the program and ensuring the execution of all program components.
• Participates in the design, development, implementation, and management of core program processes.
• Provides input to the program strategy by analyzing current operations & challenges, researching best practices and understanding industry trends.
• Provides support for the investigation, analysis & documentation of program risks.
• Analyzes data and information to provide program insights and recommendations.
• Collaborates with internal and external stakeholders in order to deliver on business objectives.
• Organizes work information to ensure accuracy and completeness (e.g., customized exception reports, initiative tracking reports, etc.).
• Communicates and reinforces program principles, strategies, processes and standards in all operational activities.
• Gathers and formats data into regular and ad-hoc reports, and dashboards.
• Supports the execution of strategic initiatives; includes tracking metrics and milestones.
• Supports change management of varying scope and type; tasks typically focused on execution and sustainment activities.
• Supports the development of tailored messaging, which may include writing, editing and distributing communications.
• Tracks exception requests and corresponding approvals.
• 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:

• Enrolled in an undergraduate degree program, graduating Spring 2026.
• A preferred minimum GPA of 3.2/4.0.
• Specialized knowledge from education and/or related internship experiences.
• Verbal & written communication skills – In-depth.
• Collaboration & team skills – In-depth.
• Analytical and problem solving skills – In-depth.
• Influence skills – In-depth.
• Legally authorized to work in the U.S. and will not require sponsorship now or in the future.

Salary:

$45,000.00 – $83,000.00

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.

• health insurance
• tuition reimbursement
• accident and life insurance
• 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 http://jobs.bmo.com/us/en

BMO is proud to be an equal employment opportunity employer. We evaluate applicants without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or any other legally protected characteristics. We also consider applicants with criminal histories, consistent with applicable federal, state and local law.

BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to [e-mail] and let us know the nature of your request and your contact information.