Application Deadline:

02/24/2025

Address:

100 King Street West

Job Family Group:

Capital Mrkts Sales & Service

BMO Capital Markets

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 33 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$989 billion total assets and approximately 54,000 employees as of January 31, 2024.

The Scholarship:

We are committed to providing undergraduate students with opportunities to learn, grow and contribute to our diverse and inclusive culture. BMO’s Zero Barriers to Inclusion 2025 is a multi-year strategy focusing on providing access and opportunities both inside and outside the bank.

Driven by our Purpose to Boldly Grow the Good in business and life, we are removing barriers and building an inclusive society. This scholarship rewards exceptional undergraduate students who are interested in pursuing a career in Capital Markets. 

Scholarship recipients receive an offer of paid employment for a 2026 Summer Analyst intern position at BMO Capital Markets in Toronto, Montreal, Calgary & VancouverRecipients will be paired with a Capital Markets professional to provide coaching and mentorship throughout their internship Students receive formal and on-the-job training, opportunities to network and collaborate with other student interns, and access to ongoing professional development throughout their internship Successful recipients of a $10,000.00 (CAD) scholarship award will receive their award via payment to their school's financial aid office, to be applied to their tuition

What roles are available? 

Investment Banking Summer AnalystCorporate Banking Summer AnalystGlobal Markets Summer Analyst

What’s in it for you? 

Summer Analysts start the internship by completing a one-week training and orientation program From May to August,  in addition to on-the-job experience in your assigned business group, you will participate in professional development sessions and events throughout the summer  Beyond the on-the-job experience, you will have opportunities to network across various business groups, learn about BMO Capital Markets culture, participate in learning seminars, get feedback, and receive coaching and career guidance from mentors while broadening your skills Upon successful completion of this internship, you may receive a full-time offer from BMO Capital Markets 

Eligibility criteria: 

You are a student at an accredited Canadian Post Secondary Institution/University, currently enrolled in an undergraduate program with a graduation date of December 2026 or Spring 2027You self-identify with the following: Women, Black community, Indigenous (First Nations, Inuit, Métis) persons of Canada, People of Colour, 2SLGBTQ+ community and Persons with DisabilitiesYou are available to work full-time from May-August 2026You have a proven track record of excellent academic standing, extra curricular participation and demonstrated interest in financeYou are involved in diverse extra-curricular activities and community organizations You are a Canadian citizen, permanent resident of Canada, or an individual who is legally authorized to work in Canada and will not require sponsorship in the future You are not already receiving 100% tuition coverage from other sources and must have a current unmet need of $10,000 CAD or more

Application requirements:  

Please submit the following items as a single PDF file and submit under the Resume section of the online application.  

One-page resume Unofficial TranscriptCover Letter (Optional)

Timeline and selection process 

Application deadline: February 24, 2025Shortlisted candidates will be notified and invited to virtually interviewFirst and final round interviews will take place in March 2025. Scholarship recipients will be notified upon conclusion of all final round interviews

Corporate Banking Overview:
The CB Summer Analyst program is designed for candidates between their third and fourth year of an undergraduate degree. Summer analysts will gain valuable experience and exposure to a wide number of industries from May to August.  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.  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. 

Responsibilities:

Processing client requests (e.g. new credit facilities and extensions and/or amendments to existing credit facilities).Completing annual / interim credit reviews.  Credit reviews include industry and financial analysis comprising of: operating performance, cash flow, leverage, coverage and liquidity, as well as capital-at-risk and other regulatory capital calculations.Monitoring performance of portfolio companies against credit terms and conditions and identify changes in the financial condition of a client.Preparing presentation materials and relationship profitability assessments, which involve liaising with other product and industry groups within BMO Capital Markets. Performing other duties including industry and company-specific research, as well as ad hoc projects for senior professionals.

Qualifications:

Currently enrolled in an undergraduate business/accounting/finance program graduating in December 2026 or Spring 2027Strong interest in finance and banking.Outstanding academic achievement, leadership experience and peer recognitionDemonstrated leadership in extracurricular activities.Strong financial analysis and modeling skills.Proficient in Word/Excel/PowerPoint.Strong communication skills both written and verbalDetail oriented.Highly motivated, fast learning and able to work with limited supervision and adapt to frequent market, systems, and process changes.Outgoing and personable; team player able to work effectively in small groups.Knowledgeable in the principles of finance and the financial markets. Comfortable working in a fast-paced environment.Previous banking or credit risk management experience is an asset.You are a Canadian citizen, permanent resident of Canada, or an individual who is legally authorized to work in Canada and will not require sponsorship in the future 

The campus job description above aligns to the full time job description below.

Supports the origination and structuring of corporate lending transactions, and coordinates with other products as an integral part of a larger coverage team that maintains strong client relationships. Includes providing lending expertise for a variety of sectors, establishing credit facilities to support trading products business and facilitating credit approvals in support of Trade Finance products. Cross sells Corporate Banking products (e.g. FX / treasury products, cash management & corporate cards, commodities, investment management, securitization, leasing, Trade Finance products, etc.) to BMO Capital Market clients. Also provides ongoing management of the lending portfolio.

Develops written internal and external marketing pitch material.Supports deal teams in development, presentation, and winning mandates.Reviews and assists in preparation of credit documentation (i.e. including applications, memoranda, presentations, etc.) for internal and external stakeholders.Seeks to develop an understanding of client needs and outcomes.Identifies opportunities for increased efficiency and improved service to internal and external clients.Provides analytical findings to deal teams.Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.Builds effective relationships with internal/external stakeholders.Ensures alignment between stakeholders.Researches and analyzes financial and operating information relating to companies and industries.Performs complex financial modeling and runs valuation analysis as part of client/ industry evaluations.Creates statistical exhibits and trend analysis of financial performance for client presentations.Completes due diligence and credit analysis on new and existing client relationships.Prepares industry compilations.Completes quality reports/analyses.Applies technical concepts and understands implication of work to client/transaction.Develops an understanding of and proficiency in using all required systems and models.Provides feedback on, and, supports continuous improvement opportunities.Integrates information from multiple sources to enable more efficient processes, enhanced analysis and/or streamlined reporting.Considers risk, internal controls and compliance as part of day-to-day accountabilities and adheres to policies and procedures.Focus may be on a business/group.Thinks creatively and proposes new solutions.Exercises judgment to identify, diagnose, and solve problems within given rules.Works mostly independently.Broader work or accountabilities may be assigned as needed.

Qualifications:

Typically between 3 - 5 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.Undergraduate degree has academic coursework in finance, economics, or accounting with an outstanding academic achievement.Has financial analysis training and experience.Has up to 3 years of relevant experience within investment and/or corporate banking unit.Excellent analytical skills. Highly skilled in building complex financial models.Expertise in financial computer applications and database management tools.Skilled in creating statistical presentations.Specialized knowledge from education and/or business experience.Verbal & written communication skills - In-depth.Collaboration & team skills - In-depth.Analytical and problem solving skills - In-depth.Influence skills - In-depth.

Please note the salary for this specific position is $90,000 CAD.

Salary:

Pay Type:

Salaried

The above represents BMO Financial Group’s pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.

BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards

About Us

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset.

To find out more visit us at https://jobs.bmo.com/ca/en.

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.