Commercial Analyst Development Program - Chicago, IL (2027 New Grad)

BMO • Chicago, IL

1d • $55,000 - $110,000

About The Position

The Commercial Analyst Development Program role analyzes credit information to support lending decisions and processes for new and existing commercial banking loans and credit solutions in an assigned client portfolio. The analyst performs financial analysis, assesses creditworthiness, prepares credit summaries, and evaluates client financial performance and risk profiles. The role supports credit-granting decisions, loan structuring and negotiation, portfolio monitoring, compliance, and client relationship development. It also identifies opportunities to acquire business, expand relationships, grow revenue, and improve portfolio returns while adhering to bank policies, regulatory standards, and risk appetite.

The position serves as a contact for service requests and works with relationship managers and business partners to maintain client relationships. It uses analysis tools and banking systems to monitor portfolio performance, maintain accurate data and loan documentation, and inform decisions. The role generally works independently, exercises judgment within established rules, and may take on broader work or accountabilities as needed.

This is a 2027 new graduate opportunity in Chicago, Illinois. A bachelor's degree is required, with business administration, finance, or accounting preferred. The stated salary range is $55,000 to $110,000. Benefits mentioned include health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans.

Requirements

• Bachelor's degree required; business administration, finance, or accounting preferred. A related discipline or commensurate work experience may also be considered.
• Specialized knowledge from education and/or business experience.
• Foundational proficiency in problem solving, collaboration, attention to detail, customer service, and analytical thinking.
• Intermediate proficiency in financial analysis, loan structuring, data analysis tools, regulatory compliance, portfolio management, credit risk assessment, banking operations, and Microsoft Office.

Nice To Haves

• Preferred 1–3 years of relevant experience in credit or lending instruments or financial operations in a corporate or banking environment.
• Credit qualifications and related credit knowledge and skills according to the credit portfolio requirements and qualification standards, if the role is credit-qualifiable.

Responsibilities

• Analyze credit information and financial performance to assess client creditworthiness and risk profiles.
• Prepare detailed credit summaries and recommendations to support credit-granting decisions.
• Support negotiation of loan terms and conditions and structure loans in accordance with client needs, bank policies, and risk appetite.
• Structure and support new, renewal, and extension loans.
• Monitor portfolio performance, compliance, industry trends, and client risk; take corrective action when required.
• Ensure accuracy and integrity of loan documentation and address credit-related issues.
• Build and maintain client relationships in collaboration with relationship managers and business partners.
• Serve as a point of contact for service requests, meet or exceed expectations, and escalate issues as needed.
• Develop proposals and implement initiatives to acquire new business, expand client relationships, and enhance service quality.
• Identify revenue, cross-selling, and share-of-wallet opportunities.
• Use analysis tools to grow a portfolio that exceeds return-on-equity thresholds and proactively evaluate client returns.
• Enter accurate and timely data into BMO systems and use it to support decision-making.
• Minimize risk exposure by following credit policies, regulatory standards, operational guidelines, and the Risk Management Framework.

Benefits

• Health insurance
• Tuition reimbursement
• Accident and life insurance
• Retirement savings plans
• The total compensation package may include performance-based incentives, discretionary bonuses, perks, and rewards.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level