Posted:
12/16/2024, 11:22:55 AM
Location(s):
Toronto, Ontario, Canada ⋅ Ontario, Canada
Experience Level(s):
Internship
Field(s):
Data & Analytics
Application Deadline:
Address:
100 King Street WestJob Family Group:
BMO 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.
BMO Capital Markets’ Office of the COO is currently looking for students to support our Data and Analytics Strategy Team.
The student will be responsible for data-science related support for Capital Markets, enhancing the data and analytics capabilities of the organization. The candidates will help deliver specific technical solutions / tools for sharpening a holistic cross-business lens. Focus will be on augmenting critical first line platforms for which exceptional programming and data science skills are required. Tasks include: consolidating internal and external data relevant to core businesses (data engineering, validation, enhancement); creation and development of analytics and predictive models using large datasets; producing visualizations and select dashboards to clearly articulate insights to decisionmakers. The position is suited for bright, hard-working individuals who enjoy working in a dynamic, fast-paced environment with minimal supervision.
Qualifications:
Currently enrolled in an undergraduate or Master’s program (non MBA) with a graduation date of Dec 2025 or April 2026.
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
Technical Qualifications:
Team Overview:
The Business & Client Analytics team is responsible for generating client information for LOBs across BMO Capital Markets to track core clients and grow share of wallet.
Develop and integrate internal and external sources of client information
Provide insight and analysis that can be effectively and efficiently mined to support business decision-making
Client Services and Reporting – Weighting: 50%
Develop and implement new reporting for Investment and Corporate Banking and Global Markets
Utilize technical skills to efficiently and effectively extract and manipulate data from client databases or other source systems to meet various reporting needs (e.g. weekly, monthly, quarterly, and ad hoc reports)
Manage client expectations, and meet agreed upon deadlines; produce work that is timely and accurate. Strive to provide great customer service and anticipate follow-up inquiries
Question the integrity of data; delve into data issues raised and work with team members to fix at the source considering the implication on any other data that would be similarly impacted
Participate in and contribute to project and team meetings, interacting and collaborating with team members and other departments, as appropriate, in order to understand project requirements
Analytical Insights and Observations – Weighting: 30%
Learn and implement advanced analytics to help resolve priority business problems
Utilize knowledge of CM’s businesses, products, and risk measures to provide insight and analysis in support of LOB performance and strategic objectives
Perform detailed financial and business analysis as necessary to support Capital Markets
Process Efficiencies – Weighting: 20%
Leverage existing reports and business metrics reported where possible to minimize unnecessary work
Assess current practice of generating reports and introduce process efficiencies / automation in database and reporting
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:
Creates and implements an integrated roadmap for all aspects of data governance. Develops, maintains and monitors data governance policies and procedures. Deploys technologies, ensures compliance with standards, and provides updates on policy changes. Ensures that data is secure, private, accurate, available and usable. Provides interpretation of enterprise data governance guidelines. Ensures data strategy and management practices are aligned in support of business objectives. Creates a culture where data is managed as a valuable corporate asset, adheres to the regulations around data compliance, and reduces overall risk.
Qualifications:
Foundational level of proficiency:
Please note the salary for this specific position is $60,000 CAD.
Salary:
Pay Type:
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 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.
Website: https://www.bmo.com/
Headquarter Location: Toronto, Ontario, Canada
Employee Count: 10001+
Year Founded: 1817
IPO Status: Public
Last Funding Type: Post-IPO Equity
Industries: Banking ⋅ Crowdfunding ⋅ Finance ⋅ Financial Services