Wealth Management Intern

Job Description

About Company

Lensa is a career site that facilitates job discovery in the US. It is not a staffing firm or agency and does not directly hire for the jobs it promotes. Instead, Lensa advertises jobs on LinkedIn on behalf of its direct clients, recruitment ad agencies, and marketing partners. For this specific role, Lensa partners with DirectEmployers to promote the job for BMO Financial Group. When users click “Apply Now” or “Read more” on Lensa, they are redirected to the job board/employer site, where any collected information is subject to that site’s terms and privacy notice.

About BMO Financial Group:
BMO Financial Group operates with a shared purpose: “Boldly Grow the Good in business and life.” This purpose drives the company to create lasting, positive change for its customers, communities, and employees by working together, innovating, and pushing boundaries to transform lives and businesses, and power economic growth globally.

As an employer, BMO values, respects, and listens to its team members, providing avenues for growth and impact. They strive to enable employees to make an impact from day one, offering tools and resources to help them reach new milestones. This includes in-depth training, coaching, manager support, and network-building opportunities to gain valuable experience and broaden skillsets.

BMO is an equal employment opportunity employer, evaluating applicants without regard to various legally protected characteristics, and considers applicants with criminal histories consistent with applicable laws. They are also committed to providing reasonable accommodations to individuals with disabilities.

Job Description: Wealth Management Intern at BMO

This detailed description outlines the role and expectations for a Wealth Management Intern within BMO Financial Group’s campus program.

Program Overview:
As a BMO intern, individuals are provided with an opportunity to have their voices heard, continuously grow, and make a tangible difference. The campus program is designed to equip interns with the essential skills and knowledge required to transition into roles similar to those described.

Role Summary:
The Wealth Management Intern at BMO will contribute to meaningful projects, expand their understanding of BMO’s business operations, and develop professional skills crucial for future success.

Location:
This internship role is specifically located in New York, NY. Applicants are advised to apply only if they are interested in working in this location.

Key Responsibilities and Accountabilities:

• Program & Project Support:
• Supports the management and execution of assigned business/group programs or projects, including providing input to their design, development, and execution.
• Aids in the execution of program components, collaborating with internal and external stakeholders for effective and seamless delivery.
• Participates in the design, development, implementation, and management of core program processes.
• Provides input to program strategy by analyzing current operations, challenges, researching best practices, and understanding industry trends.
• Supports the management of the program/project, including developing program components, promoting the program, and ensuring the execution of all program components.
• Supports the investigation, analysis, and documentation of program risks.
• Problem Solving & Recommendations:
• Develops solutions and provides recommendations based on a thorough understanding of business strategy and stakeholder needs.
• Analyzes data and information to provide insights and recommendations for the program.
• Breaks down strategic problems, analyzes data and information to provide insights and recommendations.
• Stakeholder Engagement & Collaboration:
• Provides advice and guidance to the assigned business/group on the implementation of solutions.
• Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.
• Builds effective relationships with internal/external stakeholders.
• Collaborates with internal and external stakeholders to achieve business objectives.
• Performance Monitoring & Reporting:
• Monitors and tracks performance, addressing any issues that arise.
• Organizes work information to ensure accuracy and completeness (e.g., customized exception reports, initiative tracking reports).
• Gathers and formats data into regular and ad-hoc reports and dashboards.
• Supports the execution of strategic initiatives, including tracking metrics and milestones.
• Tracks exception requests and corresponding approvals.
• Communication & Change Management:
• Leads or participates in defining communication plans to positively influence or change behavior; develops tailored messaging; and identifies appropriate distribution channels.
• Builds change management plans of varying scope and type; leads or participates in various change management activities including readiness assessments, planning, stakeholder management, execution, evaluation, and sustainment of initiatives.
• Communicates and reinforces program principles, strategies, processes, and standards in all operational activities.
• Supports change management of varying scope and type; tasks typically focused on execution and sustainment activities.
• Supports the development of tailored messaging, which may include writing, editing, and distributing communications.
• Work Style & Approach:
• Thinks creatively and proposes new solutions.
• Exercises judgment to identify, diagnose, and solve problems within established rules.
• Works mostly independently.
• Focus may be on a specific business/group.
• Broader work or accountabilities may be assigned as needed.

Qualifications:

• Education: Enrolled in an undergraduate degree program, with a projected graduation between Spring 2027 and Spring 2028.
• Academic Performance: A preferred minimum GPA of 3.2/4.0.
• Knowledge/Experience: Specialized knowledge derived from education and/or prior related internship experiences.
• Skills (In-depth proficiency required):
• Verbal & written communication skills
• Collaboration & team skills
• Analytical and problem-solving skills
• Influence skills
• Work Authorization: Must be legally authorized to work in the U.S. and will not require sponsorship now or in the future.

Salary and Compensation:

• Pay Range: $49,500.00 – $91,300.00
• Pay Type: Salaried
• Factors Influencing Salary: Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role. Part-time roles will have salaries pro-rated based on hours worked.
• Total Compensation Package: BMO Financial Group’s total compensation package varies by position’s pay type and may include:
• Performance-based incentives
• Discretionary bonuses
• Other perks and rewards
• Health insurance
• Tuition reimbursement
• Accident and life insurance
• Retirement savings plans
• More details on benefits are available at https://jobs.bmo.com/global/en/Total-Rewards

Important Note for Recruiters:
BMO does not accept unsolicited resumes from any source other than directly from a candidate. Unsolicited resumes will be considered BMO property, and BMO will not pay a fee for any placement resulting from such resumes. A recruiting agency must have a valid, written, and fully executed agency agreement contract for service to submit resumes.