Credit Analyst Internship - Los Angeles

BMO • Los Angeles, CA

1d • $50,000 - $100,000

About The Position

The Credit Analyst supports lending decisions and processes for new and existing Commercial Banking loans and credit solutions within an assigned client portfolio. The role conducts financial analysis and risk assessments, prepares credit summaries, supports portfolio monitoring and compliance, and makes recommendations to a manager in accordance with bank policies and procedures. It also contributes to loan structuring, proposals, presentations, client service, and relationship growth in collaboration with Relationship Managers and business partners.

The position monitors portfolio performance, industry trends, and client returns to identify risks, opportunities, revenue potential, and cross-selling or share-of-wallet opportunities. It maintains accurate data in BMO systems, responds to service requests, escalates issues as needed, and applies the bank’s Risk Management Framework and approved Risk Appetite when making decisions. Work may include complex and diverse tasks, handling escalations, and other accountabilities as assigned.

Requirements

• Foundational-level proficiency in financial analysis.
• Foundational-level proficiency in loan structuring.
• Foundational-level proficiency with data analysis tools.
• Foundational-level proficiency in regulatory compliance.
• Foundational-level proficiency in portfolio management.
• Foundational-level proficiency in credit risk assessment.
• Foundational-level proficiency in banking operations.
• Foundational-level proficiency in Microsoft Office.
• Foundational-level problem-solving skills.
• Foundational-level collaboration skills.
• Foundational-level attention to detail.
• Foundational-level analytical thinking.
• For credit-qualifiable roles, credit qualifications and associated credit knowledge and skills must meet the applicable portfolio requirements and qualification standards.

Nice To Haves

• Relevant experience in credit, lending instruments, or financial operations in a corporate or banking environment.

Responsibilities

• Perform financial analysis and calculations and make recommendations to a manager.
• Support portfolio monitoring and compliance, analyze metrics, and assess industry trends to identify risks and opportunities.
• 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 Relationship Managers and business partners.
• Structure and support new, renewal, and extension loans in alignment with client needs and bank and risk policies.
• Conduct financial analysis and risk assessments of credit information for an assigned portfolio.
• Monitor portfolio performance on an ongoing basis and take corrective action when required.
• Minimize the bank’s risk exposure by adhering to 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 and implement 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 grow a portfolio that exceeds return-on-equity thresholds and proactively evaluate client returns.
• Manage 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 escalations from other employees when applicable.
• Analyze issues and determine next steps.
• Apply the Risk Management Framework and make sound, risk-informed decisions aligned with business strategy, policies, laws, and regulations.
• Perform other broader work or accountabilities as assigned.

Benefits

• Health insurance
• Tuition reimbursement
• Accident and life insurance
• Retirement savings plans
• Performance-based incentives, discretionary bonuses, and other perks and rewards may be included in the total compensation package.

What This Job Offers

• Job Type: Full-time
• Career Level: Intern
• Education Level: No Education Listed