BMO Catalyst Internship – Commercial Banking Freshman and Sophomore Internship Program Summer 2025 (8 weeks) Chicago, IL

Application Deadline:

02/20/2025

Address:

320 S Canal Street

Job Family Group:

Commercial Sales & Service

BMO Commercial Banking

BMO Commercial Banking provides clients with a comprehensive range of commercial products and services, including a variety of financing options and treasury and payment solutions, as well as risk management products. Our commercial bankers partner with clients to anticipate their financial needs, and offer valuable expertise and industry knowledge to help them manage and grow their businesses.

As a member of BMO Financial Group, we are part of the eighth largest bank in North America by assets. We serve millions of customers across North America, and in select markets globally.

Program Overview 

Catalyst is a 9-week internship program that brings together a cohort of talented rising sophomore and junior college students focused on training, development, mentorship, and networking. Catalyst interns individually report to a Sponsor who acts as a mentor, coach and manager and provides a highly engaging and interactive learning experience. Catalyst interns will work on real-time projects, attend informative lunch and learns, and prepare a final presentation all of which will enable them to build genuine relationships and gain meaningful work experience. Successful completion of the program may result in an offer to return as Commercial Banking Credit Analyst Intern.    

What’s in it for you?  

• Training and Orientation – learn about BMO, our Enterprise Resource Groups and the foundations of Commercial Banking

• Technical Training – an engaging and interactive learning program including an introduction to credit

• Mentorship Program – dedicated mentorship from Commercial Banking leaders to build your skills and capabilities

• Networking – build your network via senior leadership exposure and collaboration with high-performing teams and diverse clients  

• Soft Skill Development – including communication skills, professionalism in the workplace, presentation skills, building your personal brand, etc.  

• Capstone Project – complete a capstone project over your 9-week internship present to Senior leaders within Commercial Banking 

We are looking to assemble a cohort of rising sophomore and junior students which reflect the customers and communities BMO serves.

Qualifications:   

• You are a rising sophomore or junior student at an accredited U.S. College/University, currently enrolled in an undergraduate program with an anticipated graduation date of Spring 2027 or Spring 2028 
• You are available to work 35 hours/week (Monday to Friday) June 9 – August 1, 2025 
• You have a preferred minimum GPA of 3.0/4.0 
• You are a U.S. citizen, permanent resident of U.S., or an individual who is legally authorized to work in the U.S. and will not require sponsorship in the future
• You have an interest in kick-starting your career in Commercial Banking and are pursuing an undergraduate degree in a related field of study e.g. Finance, Accounting, etc.
• You demonstrate excellent communication skills (written and oral), proven analytical skills, strong work ethic, and a high level of professional integrity

The annual base salary for this position is USD $45,886

Salary:

$41,715.00 - $63,500.00

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. 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 w