🔥 Hot Opportunity Investment Banking / Capital Markets Internship

BMO Capital Markets Investment Banking Analyst, Calgary – Fall 2026 or Winter 2027 Co-Op Opportunities

at BMO

📍 Location Calgary, Alberta
📋 Details Co-op Analyst · 4 months · N/A · Fall 2026 / Winter 2027
📅 Posted

About the Role

Assist deal execution, build models, prepare pitch decks

About BMO

Big Canadian bank, strong IB training

Full Description

Important Note for Co‑op Applicants: This is a combined recruitment posting for both the Fall 2026 and Winter 2027 terms. Candidates may be considered for both terms during the screening process; however, offers will be made for only one 4‑month term per candidate . 8‑month terms are not available.

BMO Capital Markets BMO Capital Markets is a leading, full-service North American-based financial services provider offering equity and debt underwriting, corporate lending and project financing, merger and acquisitions advisory services, securitization, treasury management, market risk management, debt and equity research and institutional sales and trading. BMO Capital Markets has over 2,700 professionals in 30 locations around the world, including 20 offices in North America.

BMO Capital Markets is a member of BMO Financial Group (NYSE, TSX: BMO), one of the largest diversified financial services providers in North America with US $1.5 trillion total assets and approximately 53,000 employees as of January 31, 2026.

Program Overview: The Co-op Analyst program is designed for candidates in their penultimate year of their undergraduate program. Co-op Analysts will participate in a one week training and orientation program and are assigned to a specific Investment Banking product or industry group during the program. In addition to this on-the-job experience, the program includes the opportunity to network across various business groups, learn about the culture of BMO Capital Markets, participate in training and learning seminars, and obtain career guidance from dedicated mentors.

Responsibilities: The BMO Capital Markets Investment Banking Calgary energy group provides a full suite of products and services to clients in the oil & gas production, power and energy infrastructure, and energy services sectors through an integrated Capital Markets platform, including M&A advisory and capital raising services. An Investment Banking Analyst Co-op is responsible for assisting teams in the development of pitch materials for current or prospective clients, and the ultimate execution of transactions. Primary responsibilities include:

  • Supporting deal teams in the execution of M&A transactions, as well as equity and debt financings.
  • Preparing client presentations.
  • Performing complex financial analysis including financial modeling.
  • Conducting company and industry research and analysis. Collaborating and building relationships with various internal product partners.
  • Maintaining internal databases.

This position is located in Calgary, Alberta and ideally suited to talented, highly motivated individuals who seek to build a solid, comprehensive foundation in the basic skills of investment banking. *Qualifications:* As an Analyst you will be part of a dynamic investment banking environment. We are looking for highly motivated, mature individuals with:

  • Currently enrolled in an undergraduate degree program; graduating in 2028, 2029, 2030
  • Proven track record of excellent academic standing, extra curricular participation and demonstrated interest in finance
  • Strong understanding of the energy sector.
  • Excellent analytical skills in business, financial and credit analysis areas
  • Strong interpersonal skills used within a demanding team environment
  • Ability to attentively review, assess and provide detailed information daily on multiple projects in an organized manner
  • Strong work ethic
  • A high level of integrity
  • Preference will be given to those students in their 2nd or 3rd co-op term with a concentration in finance

How to Apply: Please ensure the following items are submitted in your application:

  • Cover letter (optional)
  • Resume (mandatory)
  • Transcript (mandatory)

Please note the salary for this specific position is $100,000. Salary: Pay Type: 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.

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