Global Markets Corporate Banking Summer 2027 Analyst

Bank of Montreal•Chicago, IL

1d•$95,000

About The Position

BMO Capital Markets is a leading, full-service North American-based financial services provider offering equity and debt underwriting, corporate lending and project financing, merger and acquisitions advisory services, securitization, treasury management, market risk management, debt and equity research and institutional sales and trading. BMO Capital Markets has over 2,800 professionals in 35 locations around the world, including 23 offices in North America. BMO Capital Markets is a member of BMO Financial Group (NYSE, TSX: BMO), one of the largest diversified financial services providers in North America with US$924 billion total assets and approximately 57,000 employees as of April 30, 2023. Global Markets Corporate Banking: Global Markets Corporate Banking is an integral part of BMO Capital Markets’ Global Markets group and underwrites and recommends trading & loan credit facilities for a broad range of capital markets clients. The group is responsible for the portfolio management of BMO's risk exposure to a number of trading products and lending portfolios for Global Markets clients, and includes reviewing and analyzing the client’s financial performance, establishing and maintaining limits, obtaining credit approvals, and continual monitoring of the portfolio. The products covered by the group include (but are not limited to): Derivatives, Securities Financing, Cash Products, Metals Solutions & Commodities, Margin Lending, and Securitization Products (across various asset classes). The group is organized under 8 key portfolios: Fund Managers, Hedge Funds, Commercial Mortgage-Backed Securities (CMBS), Securitization & Structured Margin Loans, Commodities, Single Products, Global Banks, and Mortgage Originators/Broker Dealers. Summer Program Overview: The CB Summer Analyst program is designed for candidates between their second and third year of a undergraduate school. Summer analysts will gain valuable experience and exposure to a wide number of industries during the 10-week program. In addition to this on-the-job experience, the program includes the opportunity to network across various business groups, learn about the culture of BMO Capital Markets, participate in training and learning seminars, and obtain career guidance from dedicated mentors. Typical responsibilities of GM CB Analysts: This position is ideally suited to talented, highly motivated individuals who seek to build a solid, comprehensive foundation in the basic skills of corporate banking.

Requirements

Currently enrolled in an undergraduate business/finance program graduating in December 2027 or Spring 2028
Preferred minimum GPA of 3.4 to 4.0
Strong interest in finance and banking, with knowledge in the principles of finance and the financial markets
Detail oriented with strong financial analysis and modeling skills
Proficient in MS Excel/Word/PowerPoint
Strong communication skills both written and verbal
Highly motivated, fast learning and able to work with limited supervision
Outgoing and personable; team player able to work effectively in small groups
Comfortable working in a fast-paced environment, with ability to adapt to frequent market, systems, and process changes
Legally authorized to work in the U.S. and will not require sponsorship in the future

Nice To Haves

Previous banking or credit risk management experience preferred
Demonstrated leadership in extracurricular activities

Responsibilities

Credit Analysis & Due Diligence: Complete due diligence and credit analysis on new and existing client relationships including determining product-specific risk and limit metrics (risk rating, LGD, etc).
Risk Management: Monitor client, client industry and regulatory agencies for potential changes which may affect client’s financial profile and its business needs; checking reporting covenants of our borrowers to ensure there are no “breaches”; raising and clearing rating alerts as needed.
Materials Preparation : Prepare and recommend credit documentation (i.e. credit applications, memoranda, presentations, etc.) for internal and external stakeholders.
Professional Development : Learn BMO systems and processes; develop deeper industry knowledge specific to Global Markets’ clients, products and initiatives to identify and understand client opportunities.