Credit Analyst, Summer 2024 (Co-op/Internship) - 4 Months

Application Deadline:

02/23/2024

Address:

3225 St-Martin Ouest Blvd

Job Family Group:

Commercial Sales & Service

As a co-op/intern student at BMO, you will have the opportunity to be heard, keep growing and make a difference.  
You will be part of our campus program to gain the skills and knowledge needed to take on roles similar to the description listed below.

Our student experience is designed to integrate you to the BMO team from day one by adding value in the work you do.  You will have the opportunity to participate in programs such as the Women in Technology Mentorship Program, BMO First Friend peer assignment, BMO Social Squad student-led activities, BMO U corporate learning platform and access to various Employee Resource Groups to further develop your network within BMO.
Note: Only students currently enrolled in an academic program and returning to their studies will be considered for Co-op/Internship opportunities. Students who recently graduated are invited to apply to our New Grad opportunities which are available at https://jobs.bmo.com/ca/en/new-grad

Interested in learning more about our campus program? Stay up-to-date with BMO Campus Recruitment by following us on Instagram @BMO_on_Campus or joining our LinkedIn group BMO Campus Recruiting & Early Talent.
To apply for this opportunity, please submit your resume and an unofficial copy of your academic transcript. By applying for this general posting, you will be considered for a number of different student opportunities across multiple locations. If you are selected to move forward, you will be provided additional information.
 

Performs ongoing comprehensive client credit analysis for an assigned number of client portfolios to assess the business entity’s overall financial health and credit risk using discretionary authority within prescribed limits. Applies lending expertise to a lending product portfolio or part of the lending process (e.g. underwriting, funding, monitoring). Makes credit decisions or provides timely advice to the business banking relationship manager for action in compliance with internal controls and audit, regulatory, and Bank policies and procedures.

• Analyzes lending applications to identify, correct, and make credit decisions or advise of deficiencies and/or exceptions in accordance with sound credit granting principles; recommends remedies to maintain acceptable asset and credit quality.
• Analyzes lending applications to confirm security valuations and completes and approves credit applications for authorization in compliance with the Bank’s business banking lending policy.
• Develops risk profiles, credit structuring of lending proposals, and completes credit investigations.
• Responds to inquiries and resolves issues raised through audits and quality checks to adequately document lending decisions.
• Builds effective relationships with internal/external stakeholders.
• Ensures alignment between stakeholders.
• Integrates information from multiple sources to enable more efficient processes, enhance analysis, and/or streamline reporting.
• Designs and produces regular and ad-hoc reports, and dashboards.
• Monitors and tracks performance and addresses any issues.
• Follows security and safeguarding procedures and applies due diligence in accordance with Bank’s policies and ethical standards for the prevention of loss due to fraud, robbery, counterfeiting, money laundering, or defalcation.
• Adheres to business banking lending processes, policies, procedures, legal, regulatory, audit, and ethical requirements.
• Maintains the confidentiality of customer and Bank information in compliance with Bank policies and procedures.
• Identifies risks and takes appropriate actions, including all documentation and other regulatory requirements to maintain operational integrity.
• Liaises between clients and various departments across the organization to discuss issues and procedures, and provide product support and expertise.
• 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.
• Specialized knowledge from education and/or business experience.
• Verbal & written communication skills - In-depth.
• Collaboration & team skills - In-depth.
• Analytical a