09/07/2026

Address:

100 King Street West

Data Analytics & Reporting

As a co-op/intern student at BMO, you will have the opportunity to be heard, keep growing and make a difference.  You will be part of our campus program to gain the skills and knowledge needed to take on roles similar to the description listed below. 

  

Our student experience is designed to integrate you to the BMO team from day one by adding value in the work you do. You will have the opportunity to participate in programs such as the Women in Banking Mentorship Program, BMO Social Squad student-led activities, BMO Academy learning platform and access to various Employee Resource Groups to further develop your network within BMO.   

  

Interested in learning more about our campus program?  Stay up-to-date with BMO Campus Recruitment by following us on Instagram @bmocanada | @bmo_us and joining our LinkedIn group BMO Campus Recruiting & Early Talent. 

Note: Only students currently enrolled in an academic program and returning to their studies will be considered for Co-op/Internship opportunities. Student who recently graduated are invited to apply to our New Grad opportunities which are available at https://jobs.bmo.com/ca/en/new-grad  

To apply for this opportunity, please submit your cover letter, resume and an unofficial copy of your academic transcript. By applying for this general posting, you will be considered for a number of different student opportunities across multiple locations. If you are selected to move forward, you will be provided additional information.

Program Overview

We are seeking a graduate-level student to join the Alpha Research Team for a winter internship. The intern will support portfolio management and investment research through data-driven analysis, alpha and risk modeling, portfolio analytics, and optimization. Working alongside quantitative researchers and investment professionals, the successful candidate will gain practical experience applying academic methods to real-world investment questions across strategies and asset classes.

Key Responsibilities

• Quantitative Research: Support research on investment factors, alpha signals, risk drivers, and portfolio behavior across market environments.
• Portfolio Analytics & Risk: Analyze exposures, concentration, factor sensitivities, predicted risk, and other portfolio metrics under the guidance of senior team members.
• Optimization & Modeling: Assist with portfolio optimization, scenario analysis, and model testing to evaluate trade-offs and target exposures.
• Performance Attribution: Help assess sources of portfolio returns and risk, and summarize findings for investment teams.
• Data & Analytics: Clean, validate, and analyze large datasets; contribute to repeatable research workflows and data-quality checks.
• Research Implementation: Translate research ideas into clear, well-documented Python or SQL analyses, prototypes, and visualizations.
• Collaboration & Communication: Partner with quantitative researchers, portfolio managers, analysts, and data teams; communicate methods and results clearly.
• Innovation: Explore relevant academic research, machine learning techniques, and modern analytical tools that could enhance the investment process.

Candidate Profile

• Education: Currently enrolled in a graduate-level program, such as a Master’s or PhD, in financial mathematics, quantitative finance, engineering, computer science, statistics, economics, or a related field.
• Technical Foundation: Working knowledge of Python and SQL, with the ability to write clear, testable, and well-documented analytical code.
• Quantitative Skills: Strong grounding in statistics, econometrics, optimization, machine learning, or numerical methods.
• Investment Interest: Demonstrated interest in asset management, portfolio construction, alpha research, risk modeling, or performance analysis.
• Problem Solving: Curiosity, sound analytical judgment, attention to detail, and comfort working through open-ended research questions.
• Collaboration: Strong written and verbal communication skills and the ability to contribute effectively in a team environment.

Preferred Qualifications

• Research Experience: Graduate coursework, thesis work, research assistant experience, or projects involving financial or large-scale datasets.
• Financial Datasets: Experience working with market, fundamental, estimates, holdings, transactions, or other investment-related datasets, including understanding common data-quality and point-in-time considerations.
• Development Practices: Exposure to Git, code review, testing, reproducible research, or CI/CD concepts.
• Technology: Familiarity with cloud platforms, APIs, data integration tools, or scalable analytical workflows.
• Investment Tools: Exposure to FactSet, Bloomberg, Axioma, or similar platforms is an asset, but not required.
• Industry Knowledge: Familiarity with mutual funds, ETFs, model portfolios, equities, multi-asset portfolios, or derivatives is an asset.

What the Intern Will Gain

• Applied Experience: Hands-on exposure to institutional quantitative research, portfolio analytics, and investment decision support.
• Mentorship: Opportunities to work with and learn from experienced quantitative researchers and investment professionals.
• End-to-End Research: Experience taking a question from data preparation and analysis through interpretation, documentation, and communication.

$55,000.00 - $115,000.00

Salaried

The above represents BMO Financial Group’s pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.

BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards

About Us

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset.

To find out more visit us at https://jobs.bmo.com/ca/en.

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.