BMO · 2 weeks ago
Audit Analyst, Summer 2026 (Co-op/Internship) - 10 Weeks
Chicago, IL, USA
Internship
Onsite
Intern
$45K/yr - $83K/yr
Start in 2026 SummerBMO is a financial institution seeking an Audit Analyst intern for Summer 2026. The role involves conducting audit engagements, providing insights on internal control processes, and supporting management in risk assessment and governance.
BankingCrowdfundingFinanceFinancial Services
Responsibilities
Conducts audit engagements to critically assess management and internal control processes, approving the nature, extent and timing of the audit, its execution and the formulation of insightful audit reports
Reports on audits to provide clear, concise and memorable insights on issues and potential issues to assist management in fulfilling mandates
This work provides vital assurance to the Board of Directors and senior management on the quality of internal control systems and reduces the risk of loss and reputational damage to the Company
This work is instrumental in identifying unacceptable/high risk circumstances that could lead to material impact on profitability or reputation
Provides independent assurance on the quality and effectiveness of internal control, risk management, and governance systems and processes to support senior management and the Board in protecting BMO and its reputation
Executes audits in full recognition of the risks of the group that encompass the inherent risks, control risks and internal/external environment and regulatory risks
Conducts advisory engagements and other engagements as required
Determines impact of changing strategies, tactics, risks and initiatives on audit, advisory and investigative services
Identifies and evaluates the impact of new and emerging technology and technology risk on the organization’s processes and control environment
Utilizes data analytics in advisory engagements to improve quality and efficiencies
Develops an awareness of business strategies, policies and standards providing meaningful insights based upon knowledge and research which will continue to improve the Enterprise management and control processes
Maintains the independence of the audit practice and its personnel
Develops insightful discussion points contributing to audit reports that provides fair and balanced assessment of governance, risk and control processes based on audit work performed
Identifies control deficiencies and provides a fair and balanced assessment of their magnitude
Maintains working knowledge of the industry, regulatory, broad economic environment, and internal environment, as to the development of new strategies and plans, opportunities and risk, to obtain an understanding of the control environment
Ensures that all audit procedures executed are conducted in accordance to Corporate Audit Methodology as confirmed by it’s Quality Assurance program and/or regulatory examination results
Applies sound judgement in the execution of the assigned work and ensures open lines of communication
Develops and maintains good working relations with key stakeholders
Actively monitors change management initiatives and identifies potential risks
Actively participates and supports Corporate Audit change initiatives
Maintains and enhances professional audit qualifications in line with industry standards
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
Qualification
Required
Typically a post-secondary degree in related field of study
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
Advanced Excel knowledge required
Benefits
Health insurance
Tuition reimbursement
Accident and life insurance
Retirement savings plans
Company
BMO
We’re a bank, but there’s more to it than that. When you join BMO, it opens a world of opportunities.
Founded in 1817
10001+ employees
H1B Sponsorship
BMO has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (7)
2024 (2)
2023 (6)
2022 (4)
2021 (2)
2020 (2)
Funding
Current Stage
Public CompanyTotal Funding
$7.54B2025-10-23Post Ipo Debt· $142.91M
2025-02-26Post Ipo Debt· $871.76M
2024-07-09Post Ipo Debt· $750M
Leadership Team
David Casper
U.S. Chief Executive Officer
Azam Dawood
Head Of Sourcing
Recent News
MarketScreener
2026-01-06
2025-12-24
2025-12-18
Company data provided by crunchbase