Commercial Banking Credit Analyst Internship, Summer 2026 (Chicago)
Commercial Banking Credit Analyst Internship, Summer 2026 (Chicago)
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$ 50100 - 82800
1 Vacancy
Job Description
Application Deadline:
Address:
320 S Canal StreetJob Family Group:
Commercial Sales & ServiceYou 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 youll have the opportunity to develop strong financial analysis and credit assessment skills while working alongside experienced Commercial Bankers who are passionate about client success. Youll 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 its 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 Chicago IL. 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 BMOs 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 BMOs 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 2027.
- 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.
- Legally authorized to work in the U.S. and will not require sponsorship now or in the future.
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:
$50100.00 - $82800.00Pay Type:
SalariedThe above represents BMO Financial Groups 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 Groups expected target for the first year in this position.
BMO Financial Groups 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: 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. Well 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 well help you gain valuable experience and broaden your skillset.
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 and let us know the nature of your request and your contact information.
Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO directly or indirectly will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid written and fully executed agency agreement contract for service to submit resumes.
Required Experience:
IC
Employment Type
Full-Time
