2027 Banking Consulting Intern

West Monroe (Campus)•Chicago, IL

3d•Hybrid

About The Position

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.

Requirements

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

Nice To Haves

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
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

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 including: 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
Gain exposure to one or more of the following segments: Retail Banking including: Branch optimization, payments processing management, merchant and card services and loyalty programs, Consumer lending and leasing, mortgage and home equity
Gain exposure to one or more of the following segments: Banking Technology and AI Enablement including: Technology, data, and platform modernization supporting digital transformation across banking, AI use case identification and implementation to improve banking processes and decision-making
Gain exposure to one or more of the following segments: Wealth Management including: 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