Credit Analyst, Summer 2023 (Co-op/Internship)

Credit Analyst, Summer 2023 (Co-op/Internship)

Job Information
Author pmnationtalk
Date December 23, 2022
Deadline January 23, 2023
Type Full Time
Company Bank of Montreal
Location Various Locations Across Canada
Category Analyst
Client Bank of Montreal
Contact Information
Apply Now!

First Nations / Métis / Inuit Credit Analyst, Summer 2023 (Co-op/Internship)

Address:
3625 Shaganappi Trail NW

Job Family Group:
Commercial Sales & Service

BMO’s Indigenous Banking Unit is celebrating our 30th Anniversary this year! This demonstrates our ongoing commitment to Indigenous Inclusion and our desire to see some great partnerships.

We’ve been awarded six consecutive gold level Progressive Aboriginal Relations (PAR) certifications. and maintain strong commitments to Indigenous customers, colleagues, and community

BMO also offers a SPECIAL Banking offer specific to First Nations, Métis and Inuit customers which includes FREE banking for the first year! See the link for more details!

Indigenous Banking Services and Special Offers from BMO

Please see the link below for more about BMO career opportunities. Indigenous People | BMO Diversity & Inclusion

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.

Interested in learning more about our campus program? Stay up-to-date with BMO Campus Recruitment by following us on Twitter @BMOonCampus & Instagram @BMO_on_Campus.

Please ensure you upload your resume, cover letter and transcript in the ‘Upload a file’ section prior to submitting your application.

Please note: Only students currently enrolled in an academic program and returning to their studies will be considered for our Co-op/Internship opportunities. Student who recently graduated are invited to apply to our New Grad opportunities which are available at: https://jobs.bmo.com/ca/en/new-grad

This role is available in various locations across Canada.

We invite all experienced and aspiring First Nations / Métis / Inuit professionals to apply to roles featured on BMO’s Indigenous Careers landing page, as well as all of those on BMO’s Careers page. Qualified First Nations / Métis / Inuit applicants applying through these postings will be considered for open job vacancies, where they exist, or added to our Indigenous Talent Network and matched to other upcoming opportunities.

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 and problem solving skills – In-depth.
  • Influence skills – In-depth.

We’re here to help

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.

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