2024 Summer Internship Diversity Scholarship Global Markets, Analyst

Toronto, ON, Canada

Job Description


100 King Street West Toronto Ontario,M5X 1A1

BMO Capital Markets is a leading, full-service North American-based financial services provider offering equity and debt underwriting, corporate lending and project financing, merger and acquisitions advisory services, securitization, treasury management, market risk management, debt and equity research and institutional sales and trading. BMO Capital Markets has over 2,800 professionals in 32 locations around the world, including 18 offices in North America. BMO Capital Markets is a member of BMO Financial Group (NYSE, TSX: BMO), one of the largest diversified financial services providers in North America with US$836 billion total assets and approximately 47,000 employees as of October 31, 2022. We are committed to providing undergraduate students with opportunities to learn, grow and contribute to our diverse and inclusive culture. BMO\xe2\x80\x99s Zero Barriers to Inclusion 2025 is a multi-year strategy focusing on providing access and opportunities both inside and outside the bank. Driven by our Purpose to Boldly Grow the Good in business and life, we are committed to removing barriers, and building an inclusive society through equity, equality, and inclusion. This scholarship rewards exceptional undergraduate students who are interested in pursuing a career in banking and financial services.

  • There are 10 scholarships available: each in the amount of C$10,000
  • Scholarship recipients also receive an offer of paid employment for a 15-week Summer Analyst intern position at BMO Capital Markets in Toronto, Montreal, Calgary, or Vancouver in 2024
  • Recipients will be paired with a Capital Markets professional to provide coaching and mentorship throughout their internship
  • Students receive formal and on-the-job training, opportunities to network and collaborate with other student interns, and access to ongoing professional development throughout their internship
Eligibility Criteria: Individuals who self-identify as members of the following:
  • Women
  • Black community
  • Indigenous (First Nations, Inuit, M\xc3\xa9tis) persons of Canada
  • Person of Colour
  • 2SLGBTQ+ community
  • Persons with Disabilities
Qualified Expectations:
  • Students at an accredited Canadian University in full-time undergraduate studies graduating in December 2024 or April 2025
  • Students from all academic programs including and not limited to Science, Technology, Engineering, Arts, and Math (STEAM)
  • Students available to work full-time from May-August 2024
  • Strong academic record with minimum GPA of 3.0
  • Canadian citizens, permanent resident of Canada, and individuals who are legally eligible to work in Canada up to and including September 2024
What roles are available?
  • Investment Banking Summer Analyst Intern
  • Corporate Banking Summer Analyst Intern
  • Global Markets Summer Analyst Intern
  • Global Markets Quantitative/ Developer Summer Analyst Intern
What do you need to apply to be considered? Please submit all (3) items as a single PDF file and process under the Resume section of the online application.
  • 1 page resume including cumulative GPA
  • Cover letter detailing: Summer Analyst role of interest (Investment Banking, Corporate Banking Analyst, Global Markets Generalist or Global Markets Quantitative/Technology) Location preference: Toronto, Montreal, Vancouver, or Calgary
  • One page essay highlighting an accomplishment or impact you have had which exemplifies what you would bring to BMO to support Our Purpose: Boldly Grow the Good in business and life
How does the Selection Process work? We appreciate all student interest to work at BMO Capital Markets. Applications will be reviewed by recruitment and business leaders across BMO Capital Markets.

We will proceed with the following format:
  • Application deadline: March 20, 2023
  • Shortlisted candidates will be notified and invited for a virtual/in-person interview March
  • Final round interviews will take place in March/April
  • Scholarship recipients will be notified and announced by April
  • Successful candidates will join the 2024 Summer Analyst Class
Next steps\xe2\x80\xa6
  • Review the detailed job descriptions below
  • Gather your application requirements
  • Submit your application online via (Workday)
Global Markets Summer Analyst Intern What\xe2\x80\x99s in it for you?
  • Summer interns will work on one desk in Global Markets over a 15-week period. Interns will be provided with desk job descriptions prior to starting and will be placed based on preference and skill set. Each intern will complete one week of onboarding and training with other interns across BMO Capital Markets. There are continuous professional development activities throughout the summer. These activities include teach-ins, trading games, meetings with senior leaders, and networking events with both peers and Senior Leadership.
  • A variety of desks host Summer Analysts including Equity Sales and Trading, Clearpool E-trading, Prime Finance, Structured Notes Sales and Trading, Leveraged Finance, Securitized Products Sales and Trading, Origination, Debt Capital Markets, and US Interest Rates Sales and Trading.
What will you do? Summer interns are fully integrated into an assigned desk. Responsibilities will vary widely from day to day based on the needs of the business and the current market environment. Depending on the assigned desk, intern skill set, and business needs, responsibilities may include:
  • Development and deployment of business solutions such as pricing and risk models
  • Market data capture and display, spreadsheet development
  • Providing insight into trading strategies leveraging quantitative modelling
  • Improving on existing technology involving system infrastructure, internal reporting, client/management presentations, etc.
  • Bespoke projects requiring market, portfolio, or client research and data analytics
  • Creating client presentation materials using PowerPoint and Excel
  • Developing client trade ideas
  • Planning client events
  • Recapping and organizing market data and events
  • Shadowing and learning from Trading, Sales, and Strategy professionals
What are we looking for? Highly motivated individuals who can work well in a team-based environment and seek a challenge.
  • Currently enrolled in an undergraduate or Master\xe2\x80\x99s program (non-MBA) with a graduation date of December 2024 or April 2025;
  • Strong academic record and extracurricular achievement;
  • Demonstrated interest in and knowledge of financial markets; with knowledge of programming and quantitative trading as an asset;
  • General knowledge of financial strategy / accounting / economic / capital management principles;
  • Excellent research and analytical skills, able to collect, analyze and interpret data;
  • Detail and results orientated;
  • Strong interpersonal skills used within a demanding team environment;
  • Demonstrated proactivity, resiliency, positive attitude and high motivation;
  • Strong written and oral communication skills;
  • Ability to attentively review, assess and provide detailed information daily on multiple projects in an organized manner;
  • Strong work ethic and a high level of professional integrity.
Technical Skills:
  • Knowledge and familiarity with data manipulation / Excel/spreadsheet skills including VBA are an asset as well as strong quantitative/statistical background
  • Database experience (SQL, Oracle);
  • Knowledge of Excel, including scripting and efficient spreadsheet design;
  • Strong technical writing ability.
We\xe2\x80\x99re 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 \xe2\x80\x93 for yourself and our customers. We\xe2\x80\x99ll 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\xe2\x80\x99ll 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\xe2\x80\x99s 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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Job Detail

  • Job Id
    JD2115965
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Toronto, ON, Canada
  • Education
    Not mentioned