Retail and Wealth Operational Risk Analyst

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    BMO

    10,001+ employeesFounded 1817Toronto, ONFinancial Services
    Actively hiringPaidWinter 2027Financial Services
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    About the role#

    The Personal and Business Banking Strategic Operations Risk team is looking for an intern to support data-driven risk management, process improvement, and operational excellence. You will work on projects that combine data analytics, process redesign, risk governance, and business communication. This role provides hands-on experience in analyzing large datasets, enhancing operational procedures, and using AI tools like Microsoft Copilot to provide insights to stakeholders.

    What you'll do#

    • Support the development and execution of strategic initiatives.
    • Maintain, monitor, and report on the internal control framework and key risk indicators.
    • Manage databases and provide support for analysis, forecasting, and data visualization.
    • Perform testing on the design of controls through observation, inspection, replication, and recalculation.
    • Review processes to identify opportunities for risk mitigation and propose new or revised controls.
    • Document the internal control governance system, processes, and framework.
    • Develop tools, checklists, and communications to address gaps, issues, and new requirements.
    • Consult with stakeholders to improve the consistency and transparency of metrics and reporting.
    • Assist with interpreting new or changing regulations and assessing their impacts.
    • Identify where corrective actions are required and escalate findings per guidelines.
    • Build effective relationships with internal and external stakeholders.

    What you'll need#

    • Post-secondary degree in Business Administration, Finance, Economics, or Operations Management.
    • 3 to 5 years of relevant experience.
    • Experience in risk management, audit, compliance, governance, or project management.
    • Knowledge of business and regulatory environments.
    • Familiarity with risk policy frameworks and quality control testing frameworks such as SOX 404, COBIT, and COSO.
    • Strong verbal and written communication skills.
    • Analytical and problem-solving abilities.
    • Collaboration and influence skills.

    Location & details#

    • Location: Toronto, Ontario, Canada.
    • Term: Winter 2027 (4 months).
    • Modality: On-site.
    • Employment Type: Full-time.

    About BMO

    BMO is a financial services organization that provides personal banking, commercial banking, wealth management, capital markets, and asset management. Founded in 1817, the company operates as a public entity. It maintains a workforce of over 60,000 employees. The firm is headquartered in Toronto with additional office locations in Chicago.

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