BMO Catalyst - Commercial Banking Freshman and Sophomore Internship Program, Summer 2026 (8 Weeks)

Bank of Montreal•Chicago, IL

2d•$44,300 - $66,400

About The Position

BMO Commercial Banking provides clients with a comprehensive range of commercial products and services, including a variety of financing options and treasury and payment solutions, as well as risk management products. Our commercial bankers partner with clients to anticipate their financial needs, and offer valuable expertise and industry knowledge to help them manage and grow their businesses. As a member of BMO Financial Group, we are part of the eighth largest bank in North America by assets. We serve millions of customers across North America, and in select markets globally. Program Overview Catalyst is an 8-week internship program that brings together a cohort of talented rising sophomore and junior college students focused on training, development, mentorship, and networking. Catalyst interns individually report to a Sponsor who acts as a mentor, coach and manager and provides a highly engaging and interactive learning experience. Catalyst interns will work on real-time projects, attend informative lunch and learns, and prepare a final presentation all of which will enable them to build genuine relationships and gain meaningful work experience. Successful completion of the program may result in an offer to return as Commercial Banking Credit Analyst Intern. What’s in it for you? Training and Orientation – learn about BMO, our Enterprise Resource Groups and the foundations of Commercial Banking Technical Training – an engaging and interactive learning program including an introduction to credit Mentorship Program – dedicated mentorship from Commercial Banking leaders to build your skills and capabilities Networking – build your network via senior leadership exposure and collaboration with high-performing teams and diverse clients Soft Skill Development – including communication skills, professionalism in the workplace, presentation skills, building your personal brand, etc. Capstone Project – complete a capstone project over your 9-week internship present to Senior leaders within Commercial Banking We are looking to assemble a cohort of rising sophomore and junior students which reflect the customers and communities BMO serves.

Requirements

You are a rising sophomore or junior student at an accredited U.S. College/University, currently enrolled in an undergraduate program with an anticipated graduation date of Spring 2028 or Spring 2029
You are available to work 35 hours/week (Monday to Friday) June 1 – July 31, 2026
You have a preferred minimum GPA of 3.0/4.0
You are a U.S. citizen, permanent resident of U.S., or an individual who is legally authorized to work in the U.S. and will not require sponsorship in the future
You have an interest in kick-starting your career in Commercial Banking and are pursuing an undergraduate degree in a related field of study e.g. Finance, Accounting, etc.
You demonstrate excellent communication skills (written and oral), proven analytical skills, strong work ethic, and a high level of professional integrity