Banking Consulting Intern

Job Description

2027 Banking Consulting Intern | West Monroe

The Tone:
This is a Consulting Intern position at West Monroe, a global business and technology consulting firm. West Monroe is passionate about creating measurable value for its clients by delivering real-world solutions through a unique combination of business and technology. The company prides itself on being fluent in both business and technology, understanding that how technology is applied generates value for years to come. This role is crucial as it allows interns to gain valuable experience and exposure to multiple facets of the financial services industry, partnering with clients on strategy, transformation, and delivery initiatives amidst the reshaping banking landscape. The company emphasizes team collaboration within a hybrid work model, requiring proximity to an assigned office.

The TL;DR
• Role: Internship
• Location: Hybrid – Assigned Office, with up to 50% travel
• Pay: $40 hourly
• Mission: Support business and technology executives to solve key challenges within the financial services industry and empower clients to gain competitive advantage.
• Tech Stack: Microsoft Excel, PowerPoint, AI tools (e.g., generative AI, automation tools, data models, ChatGPT)

What You’ll Actually Do
• Problem Solving: Apply personal and corporate knowledge to tailor solutions and build partnerships, empowering clients to gain competitive advantage in their markets.
• Client Support: Support business and technology executives to solve key challenges within the financial services industry through research, analysis, collaboration, and problem-solving.
• Industry Exposure: Gain exposure to commercial banking, retail banking, banking technology and AI enablement, and wealth management segments, including specific areas like commercial lending, treasury management, branch optimization, and digital transformation.
• AI Analysis: Leverage AI tools to accelerate analysis, synthesize complex information, and support data-driven recommendations for clients, exercising sound judgment in evaluating outputs.
• Efficiency Improvement: Apply AI technologies (e.g., generative AI, automation tools, data models) to enhance insights, improve delivery efficiency, and elevate the quality of client outcomes.

The Must-Haves
• Background: Bachelor’s degree in progress, with an expected graduation date between December 2027 and August 2028. Minimum cumulative GPA of 3.0.
• Experience: Legally authorized to work in the United States without limitation or sponsorship now or in the future. Experience integrating AI tools (e.g., ChatGPT) into day-to-day workflows to enhance productivity and insight generation, coupled with strong critical thinking to assess accuracy, mitigate bias, and ensure high-quality outputs. Must reside within 50 miles of your assigned office prior to your start date.
• Skills: Sharp analytical thinking and an interest in solving complex problems. Effective written and verbal communication skills. A collaborative mindset and enthusiasm for working as part of a team. Ability to stay organized and manage priorities in a dynamic environment. Demonstrated leadership through academics, extracurricular activities, or prior work experience. Curiosity about emerging technologies, including AI, and a passion for continuous learning and innovation.
• Bonus: Majors with a focus in Business Administration, Business Analytics, Economics, or Finance. Familiarity with Microsoft Excel, PowerPoint, and applying data to analyze business problems. Interest in the financial services industry, including commercial banking, retail banking and banking technology such as leading Fintech companies, as well as traditional core technology providers.