Capital Markets Initiatives and Project Delivery Summer 2025 Internship
BMO Financial Group
Toronto, ON-
Number of positions available : 1
- Salary To be discussed
- Published on December 17th, 2024
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Starting date : 1 position to fill as soon as possible
Description
Date limite pour présenter sa candidature :
01/02/2025Adresse :
100 King Street WestGroupe de famille d'emploi :
Gestion des activitésBMO Capital Markets
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 35 locations around the world, including 23 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$924 billion total assets and approximately 57,000 employees as of April 30, 2023.
Role
Assist in the execution of Capital Markets business and regulatory strategy, risk and project control management, governance through the following responsibilities:
- Planning and executing short and long-term initiatives and ad hoc deliverables within given timelines
- Methodically solving problems across a continuum that ranges from simple day-to-day issues to highly complex business, technical or regulatory issues.
- Build an understanding of business impact and end-to-end front-to-back processes to support the implementation of new business requirements. This includes ensuring key processes and controls are identified, inventoried, mapped, and assessed for risk end-to-end across Capital Markets.
- Partner with business stakeholders in GM and support areas (Technology, Operations) to map processes end to end, thinking critically to build and maintain complete flows that capture key processes, controls, systems, and dependencies in existing business activities and growth areas.
- Supports development and execution of strategic initiatives in collaboration with internal stakeholders
- Assists with the maintenance, monitoring, measurement & reporting on the status of the operational risk governance program and key risk indicators to internal & external stakeholders
- Writing business communications that clearly and appropriately convey the target message.
- Work cross-functionally to understand business processes and how to better optimize workflows for reporting and analytics
- Prepare project surveys for review: identify pain points, current time spend, estimated time save with future processes
- Review and organize documentation (reporting processes)
- Map out process workflows
- Extract, load, and transform data from multiple sources for reporting and ad-hoc analyses under tight timelines
- Work with various lines of business to develop bank-wide control testing procedures and documentation
- Ongoing self-study about GM, Capital Markets, emerging regulatory and industry issues, BMO business priorities, and best practices.
Qualifications
The ideal candidate will have the following attributes:
Skills
- Detail oriented, ability to self-monitor/check
- Experience executing work independently, accountability and ownership of tasks and processes
- Proactive in work and responsibility
- Refined critical thinking skills, with an ability to independently recognize problems, propose solutions and execute on them
- Experience in data, data analysis and related infrastructure.
- Familiarity with programming languages is an asset - SQL, Phyton, R etc.
Ability to:
- Recognize problems, propose solutions and execute on them; quick learner
- Ensure that key insights are supported by accurate data and research
- Investigate opportunities for increasing efficiency in their regular responsibilities and projects and their value add to the business, including cost/benefit
- See connections between distinct pieces of work and the bigger picture, ability to consider cross impacts
Knowledge
- Understanding of intent and purpose of team
- Office Suite proficiency, including Excel and PowerBI
- Basic knowledge of Capital Markets LOBs, products, controls, and infrastructure(e.g., people, systems, relationships x-product/LOB)
- Basic knowledge of the financial services industry
We are looking for candidates currently enrolled in an undergraduate or Master’s program (non MBA) with a graduation date of Dec 2025 or April 2026.
Please ensure you are a Canadian citizen, permanent resident of Canada, or an individual who is legally authorized to work in Canada and will not require sponsorship in the future
How to Apply:
For your application to be eligible for consideration, you must apply to the BMO application link. Please ensure the following items are submitted in your application:
- Resume
- Transcript (Required for application consideration - please upload it in the resume section when applying in BMO’s Workday application system)
The campus job description above aligns to the full time job description below.
Supports the business/group leader in the effective implementation, maintenance and administration of first line of defense (1st LOD) programs (e.g., operational risk, AML, compliance, regulatory, etc.), including overseeing business operations within the jurisdiction to ensure adherence and efficiency. Contributes to a strong risk management culture through collaboration with other first line employees, and second & third line functions to ensure Compliance, AML or operational risks are identified, mitigated, monitored and reported on an ongoing basis.
- Supports a single business unit with corresponding number of regulators.
- Supports the implementation of risk management programs/frameworks.
- Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.
- Builds effective relationships with internal/external stakeholders.
- Ensures alignment between stakeholders.
- Gathers and formats data into regular and ad-hoc reports, and dashboards.
- Builds change management plans of varying scope and type; leads or participates in a variety of change management activities including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives.
- Monitoring to ensure that 1st line jobs are following defined processes and procedures.
- Develops, documents and maintains business/group procedures updating and obtaining approvals as regulations or the operating environment changes and communicates changes to the business/group & relevant stakeholder groups.
- Supports the development of measurable sustainment strategies including assessing and recommending mitigations for industry/ segment-specific risks and prioritizing opportunities presented by internal and external stakeholders.
- Tracks exception/exemption requests and corresponding approvals.
- Builds awareness, knowledge, and skills and, as necessary, provides communication, practical tools and ongoing support including making presentations, to promote a culture of risk identification and management.
- Supports the management of 1st LOD program for the business/group in compliance with appropriate principles, standards & direction from the second line of defense groups. Includes developing and promoting program and ensuring the execution of all program components.
- Works with assigned business/group leaders to implement 1st LOD programs and frameworks, developing and maintaining an in-depth understanding of the applicable regulatory and internal risk management requirements. Interprets and provides advice on the application of the requirements for the business/group.
- Develops and maintains an understanding of the business/group strategies and objectives, products and services, internal and external stakeholders and business processes as well as the underlying infrastructure to identify and manage implications and risk exposures for the business/group.
- Identifies, investigates, analyzes, documents & mitigates program risks, taking into account jurisdictional issues, and raises any issues or concerns to senior leaders and other stakeholders.
- Analyzes the impact and effectiveness of the program through periodic reviews.
- Recommends adjustments to the overall program, policy or processes within the business/group in accordance with the Risk Appetite Statement, Governance and Corporate Policy.
- Supports the business/group through internal/external audits or regulatory examinations and assists in development of action plans to resolve any identified issues.
- Provides support to the development and delivery of training and awareness programs within the business/group to increase awareness of and compliance to risk management requirements.
- 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.
- Program Management - Good.
- 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.
Please note the salary for this specific position is $60,000 CAD.
Salaire :
$44,500.00 - $82,500.00Type de rémunération :
SalaireCe qui précède représente la fourchette et le type de rémunération de BMO Groupe financier.
Les salaires varieront en fonction de facteurs comme l’emplacement, les compétences, l’expérience, les études et les qualifications pour le poste et pourront inclure une structure de commissions. Les salaires pour les postes à temps partiel seront calculés au prorata du nombre d’heures travaillées régulièrement. Pour les rôles à commission, le salaire susmentionné représente la cible de BMO Groupe financier pour la première année au poste.
La rémunération totale offerte par BMO variera selon le type de rémunération associé au poste et peut comprendre des primes de rendement, des primes discrétionnaires ainsi que d’autres avantages et récompenses. BMO offre également une assurance santé, le remboursement des frais de scolarité, une assurance accident et une assurance vie, ainsi que des régimes d’épargne-retraite. Pour en savoir plus sur nos avantages sociaux, consultez le site : https://jobs.bmo.com/ca/fr/R%C3%A9mun%C3%A9ration-globale
À propos de nous
À BMO, nous sommes animés par une raison d’être commune : Avoir le cran de faire une différence dans la vie, comme en affaires. Cette raison d’être nous invite à entraîner des changements positifs et durables pour nos clients, nos collectivités et nos gens. En travaillant ensemble, en innovant et en repoussant les limites, nous transformons des vies et des entreprises et favorisons la croissance économique partout dans le monde.
En tant que membre de l'équipe de BMO, vous êtes valorisé, respecté et entendu, et vous avez plus de moyens pour progresser et obtenir des résultats. Nous nous efforçons de vous aider à obtenir des résultats dès le premier jour, pour vous-même et nos clients. Nous vous offrirons les outils et les ressources dont vous avez besoin pour franchir de nouvelles étapes, car vous aidez nos clients à franchir les leurs. Au moyen de formation et de coaching approfondis ainsi que de soutien de la direction et d'occasions de réseautage, nous vous aiderons à acquérir une expérience enrichissante et à élargir votre groupe de compétences.
Pour en savoir plus, visitez-nous à l'adresse https://jobs.bmo.com/ca/fr.
BMO s'engage à offrir un milieu de travail inclusif, équitable et accessible. Nous apprenons de nos différences et tirons notre force des gens et de leurs différents points de vue. Des mesures d’adaptation sont disponibles sur demande pour les candidats qui participent à tous les aspects du processus de sélection. Pour demander des mesures d’adaptation, veuillez communiquer avec votre recruteur.
Remarque aux recruteurs : BMO n’accepte pas les curriculum vitæ non sollicités provenant de toute source autre que le candidat directement. Tout curriculum vitæ non sollicité envoyé à BMO, directement ou indirectement, sera considéré comme la propriété de BMO. BMO ne paiera aucuns frais pour les placements découlant de la réception d’un curriculum vitæ non sollicité. Une agence de recrutement doit d’abord détenir une entente de service écrite valide et dûment signée avant d’envoyer des curriculum vitæ.
Requirements
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