Investment Banking Summer 2026 Internship (New York/Chicago)

Bank of Montreal•Chicago, NY

2d•$110,000

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 2,700 professionals in 30+ locations around the world, including 20 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$1.0 trillion total assets and approximately 54,000 employees as of January 31, 2025. Summer Analyst Program Overview: The Summer Analyst program is designed for candidates between their junior and senior undergraduate years. The Program provides participants a practical experience in a dynamic capital markets environment. Summer analysts are assigned to a specific Investment Banking product or industry group during the 10-week program. In addition to this on-the-job experience, analysts will participate in a one-week training and orientation program. Throughout the summer, the program includes the opportunity to network with bankers across all levels as well as learn about the culture of BMO Capital Markets, participate in learning and development sessions, and obtain career guidance from dedicated mentors. The program is considered an initial interviewing step for the BMO Capital Markets full time Investment Banking program.

Requirements

Enrolled in an undergraduate degree program, graduating in Dec. 2026 or Spring 2027
Interest in investment banking
A preferred minimum GPA of 3.4/4.0
Minimum of two college finance and accounting classes with grades “B” or higher
Outstanding academic achievement, leadership experience and peer recognition
Demonstrated leadership attributes in work, school, or community.
Excellent analytic, critical thinking and problem-solving skills
Strong interpersonal skills used within a demanding team environment.
Demonstrated proactivity, resiliency, and an unfailingly positive attitude.
Excellent capacity to independently function as part of a team through self-motivation.
Strong work ethic and a high level of professional integrity
Legally authorized to work in the U.S. and will not require sponsorship in the future.

Responsibilities

Conducting industry and company research and analysis
Developing client presentations
Writing internal and external marketing memoranda
Running valuation analysis, financial analysis and completing complex modeling exercises
Performing other tasks supporting client relationships and business development