Credit Analyst Internship - Chicago, IL (Summer 2027)

Bank of Montreal•Chicago, IL

About The Position

The Credit Analyst Internship supports lending decisions and processes for new and existing Commercial Banking loans and credit solutions within an assigned client portfolio. The role analyzes client credit information, performs financial analysis and risk assessments, prepares credit summaries, and makes recommendations to a manager in accordance with bank policies and procedures. The intern supports portfolio monitoring and compliance, reviews metrics and industry trends to identify risks and opportunities, and assists with loan structuring for new, renewed, or extended credit. The position also supports client service, proposals and presentations, relationship growth, revenue and cross-selling opportunities, and accurate data management. Work is performed within applicable risk, regulatory, and operational guidelines.

Requirements

Foundational proficiency in financial analysis.
Foundational proficiency in loan structuring.
Foundational proficiency in data analysis tools.
Foundational proficiency in regulatory compliance.
Foundational proficiency in portfolio management.
Foundational proficiency in credit risk assessment.
Foundational proficiency in banking operations.
Foundational proficiency in Microsoft Office.
Problem-solving skills.
Collaboration skills.
Attention to detail.
Analytical thinking.

Nice To Haves

Relevant experience in credit or lending instruments or financial operations in a corporate or banking environment is preferred.
For credit-qualifiable positions, credit qualifications and associated credit knowledge and skills must meet the applicable portfolio requirements and qualification standards.

Responsibilities

Analyze credit information to support lending decisions and processes for new and existing Commercial Banking loans and credit solutions.
Perform financial analysis and calculations, conduct risk assessments, and make recommendations to a manager.
Prepare detailed credit summaries to assess creditworthiness and support decision-making.
Support portfolio monitoring and compliance, analyze metrics, and assess industry trends to identify risks and opportunities.
Structure and support new, renewal, and extension loans aligned with client needs and bank and risk policies.
Monitor assigned Commercial Banking portfolio performance and take corrective action when required.
Adhere to credit policies, regulatory standards, and operational guidelines to minimize the bank’s risk exposure.
Serve as a point of contact for service requests, meet or exceed client expectations, and escalate issues when needed.
Support initiatives to enhance service quality, acquire new business, and expand client relationships.
Identify revenue, cross-selling, and share-of-wallet opportunities to enhance portfolio growth.
Use analysis tools to support portfolio growth and evaluate client returns proactively against ROE thresholds.
Enter data accurately and on time into bank systems and use the data to support decision-making.
Provide content and support for proposals and presentations to capture new business and expand client partnerships.
Build and maintain client relationships in collaboration with the Relationship Manager and business partners.
Analyze issues, determine next steps, and handle complex and diverse tasks within established rules and limits, including possible escalations from other employees.
Apply the Risk Management Framework and make sound, risk-informed decisions consistent with business strategy, approved risk appetite, policies, laws, and regulations.