BMO U.S. · 1 day ago
Risk Governance Analyst - Summer 2026 (Co-op/Internship) - 10 Weeks
Chicago, IL
Internship
Onsite
Intern, Entry Level
$45K/yr - $83K/yr
1+ years expBMO U.S. is focused on creating lasting, positive change for customers and communities. They are seeking a Risk Governance Analyst Intern to develop and maintain an effective internal control framework, support strategic initiatives, and provide analysis and reporting on governance activities.
Banking
Responsibilities
Supports development and execution of strategic initiatives in collaboration with internal and external stakeholders
Assists with the maintenance, monitoring, measurement & reporting on the status of the internal control framework/program and key risk indicators to internal & external stakeholders
Supports change management of varying scope and type; tasks typically focused on execution and sustainment activities
Manages databases and provides support for analysis, forecasting and/or data visualization, ensuring adherence with data governance standards
Supports change management of varying scope and type; tasks typically focused on execution and sustainment activities
Assists with the maintenance, monitoring, measurement & reporting on the status of the internal control framework/program and key risk indicators to internal & external stakeholders
Develops governance and control-related solutions and makes recommendations based on an understanding of the business strategy and stakeholder needs
Provides advice and guidance to assigned business/group on the implementation of the control framework, including effective challenge
Performs testing on design of controls as required e.g. observation, inspection, replication, recalculation to ensure risks are identified and controls are effective
Reviews processes and identifies opportunities for risk mitigation through proposing new controls or revising existing controls
Identifies where corrective actions are required and escalates per guidelines; ensures corrective action is taken as necessary
Coordinates and participates in the execution of oversight/governance activities including reporting; assessment of education & training needs, development/delivery of training; development and execution of regulatory administration processes & procedures; management of review/updates to policies, etc
Consults with stakeholders to improve consistency and transparency of control measurement/metrics and reporting
Assists with the interpretation of new or changing regulations and assessing impacts to the governance frameworks
Develops and maintains in-depth knowledge of business and related risk management requirements and legislative/regulatory directives and guidance
Builds effective relationships with internal/external stakeholders
Ensures alignment between stakeholders
Analyzes data and information to provide insights and recommendations
Documents the internal control governance system, processes and framework to describe compliance requirements, activities, processes, roles & responsibilities
Develops tools, checklists and communications to address gaps, issues and new requirements
Monitors and tracks performance; addresses any issues
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 between 1-3 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience
Strong knowledge of Python, SQL, Power BI
Advanced Excel knowledge required
In-depth knowledge of business and regulatory environment
In-depth knowledge & experience with risk policy frameworks; quality control/testing frameworks. e.g. SOX 404, COBIT and COSO frameworks
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
Preferred
Experience in risk management, audit, compliance, governance and/or project management is preferred
Machine Learning experience an asset
Benefits
Health insurance
Tuition reimbursement
Accident and life insurance
Retirement savings plans
Company
BMO U.S.
We’re a bank, but there’s more to it than that. We're a top ten bank in North America and have been serving our customers since 1817.
5001-10000 employees
H1B Sponsorship
BMO U.S. 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 (1)
2024 (11)
2023 (41)
2022 (22)
2021 (14)
2020 (21)
Funding
Current Stage
Late StageLeadership Team
Mike Morton
Vice Chair U.S. Commercial Banking
Recent News
2025-10-16
2025-09-23
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