Careers at BMO Capital Markets

U.S.

Canada

Summer Analyst Recruitment – February to June

Summer Analyst/Associate Recruitment – February to June
Winter Co-op Recruitment: September - October
Fall Co-op Recruitment: May - June

Investment & Corporate Banking

Global Markets

Analyst & Associate Internships

• Interns gain valuable exposure to a wide number of industries and work with a variety of financial products, including public and private debt and equity financings, mergers and acquisitions, and financial advisory
• Analysts and Associates are assigned to a specific Investment & Corporate Banking product or industry group during the 3-4-month program
• Analysts gain experience in conducting industry research, running valuation analysis and financial modelling
• Associates gain experience in deal execution and play a key role in developing client relationships

Responsibilities may include:

• Running valuation analyses
• Performing complex financial modeling
• Conducting industry and company research and analysis
• Generating corporate finance ideas and strategies
• Developing client presentations, ensuring that all material is accurate and complete
• Writing internal and external marketing memoranda;
• Preparing pitch books to support your sector’s ongoing business development initiatives
• Performing other tasks supporting client relationships and business development

Analyst & Associate Internship

• Interns will work in the Global Markets group serving our corporate, institutional and government clients
• Team assignments will be made at the start of the summer program based on previous experience, interest, and educational background
• You will join one of the following areas within Global Markets:
  • Fixed Income, Currencies and Commodities
  • Global Equity Products
  • Cross Asset Solutions
  • You will participate in professional development sessions and events throughout the summer

Responsibilities may include:

• Market research and analysis
• Data manipulation and spreadsheets, including VBA
• Developing presentation materials
• Providing client contact support as necessary
• Risk Management
• Deal Administration
• Professional Development

Training & Benefits:

• Analysts & Associates start your internship by completing a one-week training and orientation program
• During the next 15 weeks, you will be assigned to a specific Investment & Corporate Banking OR Global Markets group
• Beyond the on-the-job experience, the program encourages interns to network across various business groups, learn about BMO Capital Markets culture, participate in training seminars, get feedback, coaching and career guidance from dedicated mentors and broadening your skills

Check your school career center to see whether BMO is recruiting at your college or university. If we are not scheduled to visit your school, you can Join our Talent Community to ensure we are aware of your interests.

Our full-time Analyst and Associate classes start in July and are primarily comprised of our past summer interns.

Investment & Corporate Banking Analysts gain valuable exposure to a wide number of industries. You will also work with a variety of financial products, including public and private debt and equity financings, mergers and acquisitions, and financial advisory.

Analysts start their careers with us by completing our Investment Banking Development Program. The program is designed to help you make the transition from theory to practice. Training includes core investment banking skills, such as: accounting, valuation and modeling, and pitch book development.

Responsibilities such as:

• Running valuation analyses
• Performing complex financial modeling
• Conducting industry and company research and analysis
• Developing client presentations
• Writing internal and external marketing memoranda

Investment & Corporate Banking Associates gain hands-on experience in deal execution and play a key role in developing client relationships. Investment Banking Associates manage key aspects of client transactions.

Associates work in either a specific product group, with exposure to a variety of different industries, or a specific industry group, with exposure to a variety of financial products. These products may include public and private debt, equity financings, mergers and acquisitions and financial advisory services.

Responsibilities include:

• Preparation of pitch books to support your sector's business development initiatives
• Financial modeling
• Business, industry and capital markets research
• Ensuring materials are accurate and complete
• Participation in client meetings

Global Markets Analyst/Associate Rotational Program
We hire generalists and Quants for this program. Analysts and associates rotate through various sales and trading desks over a 12-16-month period, gaining exposure to a wide variety of products and services. This includes Global Markets groups, comprised of Global Fixed Income, Currency and Commodities (FICC), Global Equity Products (GEP) and Global Structured Products (GSP), serving our corporate, institutional and government clients.

The program combines on-the-job learning with meaningful work experience, direct exposure to industry professionals, and opportunities in various parts of BMO Capital Markets.

Responsibilities include:

• Market research and analysis
• Data manipulation and spreadsheets, including VBA
• Developing presentation materials
• Providing client contact support as necessary

How long is the internship program?

Canada: 16-week terms from the beginning of May - August; September - December; January - April

U.S.: 10-week term from the beginning of June until mid-August

What students are eligible for the Internship Program?

The summer program is for 3^rd year undergrads (students in their penultimate year) or 1^st year MBA students.

We also recruit a limited number of 2^nd year students for summer internships each year.

When does the recruiting process begin?

Check your school’s career centre website for a list of upcoming BMO campus events and our internship job postings and follow the timelines guideline. Generally, we recruit for internships one year in advance of the start date.

The interview process consists of a first-round interview, followed by final rounds, if selected to advance. Both rounds will consist of behavioral and technical questions.

What is the training program for the internship?

Interns will go through one week of training prior to joining their teams. Our Professional Development team provides this training and resources so that interns are well-prepared prior to the beginning of the program.

What training is provided for full-time opportunities?

Full-time Analysts/Associates are supported by our Professional Development team through ongoing training and learning in their respective business group. Additional on-the-job experiences and mentoring supports growth opportunities.

How many interns are in the incoming summer class?

BMO Capital Markets hires a class of approximately 100 summer analysts per year across the U.S. and Canada.

How do I know which group I will be placed in for the summer internship?

Students receive a generalist offer for all Capital Markets summer internship programs. For Investment and Corporate Banking, students will go through a placement process before starting. 

How do you suggest I prepare for the campus recruiting process?

• Do your research on our company and check your school’s career centre
• Attend our on-campus events and expand your BMO network
• Connect with school alumni across the firm
• Read financial news sources and follow the markets
• Visit BMO Capital Markets Website - capitalmarkets.bmo.com

Does BMO offer opportunities for international students?

At this time, BMO does not provide sponsorships for full-time opportunities. However, students who hold valid work permits are eligible for consideration.