BMO · 2 hours ago
Anti Money Laundering Analyst, Summer 2026 (Co-op/Internship) - 10 Weeks
Chicago, IL, USA
Internship
Onsite
Intern, Mid Level
$45K/yr - $83K/yr
3+ years expBMO is a financial institution driven by a shared purpose to create lasting positive change. They are seeking an Anti Money Laundering Analyst to provide oversight and monitoring of financial crime risks, develop risk management frameworks, and ensure compliance with regulations.
BankingCrowdfundingFinanceFinancial Services
Responsibilities
Provides oversight, monitoring and reporting on financial crime risks for a designated portfolio
Develops and monitors risk management framework that includes the governance framework & practices leveraged across BMO to manage financial crime risks
Provides policies & standards, methodologies and controls that increase transparency, accuracy and consistency across groups
Works with stakeholders to implement the methodology, metrics and program standards for the assigned portfolio to ensure compliance as well as effective monitoring, timely reporting and identification of action plans
Assists with the interpretation of new or changing regulations and assessing impacts to the governance frameworks
Supports development and execution of strategic initiatives in collaboration with internal and external stakeholders
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 financial crime risk governance program and key risk indicators to internal & external stakeholders
Supports the management of governance meetings (e.g. committee, management, board meetings, etc.) as required; facilitates development and approval of agendas, gathering and distribution of documentation related to agendas, and creation of meeting minutes/output
Administers and maintains financial crime risk program activities in adherence to all policies, procedures and established processes
Identifies potential risk situations/ impacts, and make recommendations or escalates to the manager, as per guidelines
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 e.g. business stakeholders and Corporate Support Areas (CSAs) in providing ‘second line of defense’ financial crime risk management support
Manages databases and provides support for analysis, forecasting and/or data visualization, ensuring adherence with data governance standards
Analyzes data and information to provide insights and recommendations; includes identification of risk impacts for new processes and workflows related to initiatives
Coordinates and monitors the review and sign-off of attestations and reporting
Maintains tools and templates for financial crime risk programs (e.g., AML Legislative Compliance Program), as required
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 3 – 5 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience
Working knowledge financial crime risk management practices
Working knowledge of the designated business / product portfolio
Working knowledge of regulatory requirements
Working knowledge of quantitative techniques and economic capital methodologies
Working knowledge & experience with risk policy frameworks; quality control / testing 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
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.
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
2026-01-20
MarketScreener
2026-01-06
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