Credit Analyst Internship - Newport Beach

BMO•Newport Beach, CA

1d•$50,000 - $100,000

About The Position

Analyzes credit information to support lending decisions and processes for new and existing Commercial Banking loans and credit solutions in an assigned client portfolio. Makes credit decisions and recommendations in compliance with bank policies and procedures while supporting an exceptional client service environment. The role performs financial analysis, supports portfolio monitoring and compliance, assesses industry trends, and prepares credit summaries to evaluate creditworthiness. It also supports proposals and presentations, helps structure new and renewing loans, and works with Relationship Managers and business partners to build client relationships and identify opportunities to grow the portfolio. The Credit Analyst monitors portfolio performance, manages accurate data in BMO systems, responds to service requests, and escalates issues as needed. The position is expected to follow BMO’s Risk Management Framework, applicable policies, laws, and regulations, and to make sound, risk-informed decisions. Broader work or accountabilities may be assigned as needed.

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.
Foundational problem-solving, collaboration, attention to detail, and analytical thinking skills.

Nice To Haves

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

Responsibilities

Analyze credit information and conduct financial analysis and risk assessments for an assigned portfolio of Commercial Banking clients.
Make recommendations to the Manager and support lending decisions for new and existing loans and credit solutions.
Monitor portfolio performance, compliance, metrics, and industry trends, taking corrective action when required.
Prepare detailed credit summaries to assess creditworthiness and 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.
Structure and support new, renewal, and extension loans aligned with client needs and bank and risk policies.
Minimize the bank’s risk exposure by following credit policies, regulatory standards, and operational guidelines.
Serve as a point of contact for service requests, meet or exceed expectations, and escalate issues when needed.
Support initiatives to improve service quality, acquire new business, and expand client relationships.
Identify revenue, cross-selling, and share-of-wallet opportunities to grow the portfolio.
Use analysis tools to grow a portfolio that exceeds return-on-equity thresholds and proactively evaluate client returns.
Ensure timely and accurate data entry in BMO systems and use data to support decisions.
Complete complex and diverse tasks within established rules and limits, including handling escalations from other employees.
Analyze issues and determine appropriate next steps.
Apply BMO’s Risk Management Framework and Risk Culture, make sound risk-informed decisions, protect assets, and comply with applicable policies, laws, and regulations.
Perform other broader work or accountabilities as assigned.