Credit Analyst Internship - Indianapolis, IN (Summer 2027)

About the internship

The internship program begins on June 7, 2027 and concludes on August 13, 2027. Due to the structured nature of the program, onboarding activities, and cohort experience, candidates are expected to be available for the full internship term. Availability for the entire program duration is required to successfully participate in the internship.

What you'll do

• Analyze credit information to support lending decisions and processes for new and existing Commercial banking loans and credit solutions in an assigned portfolio of clients
• Make credit decisions and recommendations in compliance with bank policies and procedures while maintaining an exceptional client service environment
• Perform financial analysis and calculations and make recommendations to Manager
• Support portfolio monitoring and compliance, analyze metrics, and assess industry trends to spot 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 to ensure long-term financial performance in collaboration with Relationship Manager and business partners
• Structure and support new, renewal and extension loans aligned with client needs and bank & risk policies
• Conduct financial analysis and risk assessments of clients' credit information, for an assigned portfolio, to provide insights and make informed decisions
• Monitor the portfolio performance for assigned portfolio of Commercial Banking clients on an ongoing basis, taking corrective action when required
• Minimize BMO's risk exposure by adhering to credit policies, regulatory standards, and operational guidelines
• Serve as a point of contact for service requests, ensuring expectations are consistently met or exceeded; escalate issues when needed
• Support and implement initiatives to enhance service quality, acquire new business and expand client relationships
• Identify revenue and cross-selling opportunities to enhance portfolio growth
• Identify share of wallet opportunities
• Leverage analysis tools to nurture and grow a portfolio that exceeds ROE thresholds and evaluate client returns on a proactive basis
• Manage timely and accurate data entry into BMO's systems and leverage the data to support decision-making
• Complete complex & diverse tasks within given rules/limits and may include handling escalations from other employees
• Analyze issues and determine next steps
• Take measured risks while protecting the bank by applying our Risk Management Framework in the execution of your role, in line with our Risk Culture and within our approved Risk Appetite, making sound and risk informed decisions that align to business strategy, protect assets, and adhere to applicable policy documents (Frameworks, Policies, Standards, Procedures and Supporting documents), laws and regulations
• Broader work or accountabilities may be assigned as needed

Qualifications

• Relevant experience in credit or lending instruments or financial operations in a corporate or banking environment is preferred
• If a Credit Qualifiable job, Credit Qualifications and associated credit knowledge and skills according to the credit portfolio requirements and qualification standards

Skills

• Specialized knowledge
• Foundational level of proficiency in:
  • Financial Analysis
  • Loan Structuring
  • Data Analysis Tools
  • Regulatory Compliance
  • Portfolio Management
  • Credit Risk Assessment
  • Banking Operations
  • Microsoft Office
  • Problem Solving
  • Collaboration
  • Detail-Oriented
  • Analytical Thinking

Pay

$50,000.00 - $100,000.00. 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.

Benefits

BMO 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