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This position has closed. BMO removed this listing from their careers page on Sep 22, 2026. The interview prep below is still useful, and there are similar open roles at the bottom of this page.

Wealth Management Development Associate, New Grad (Chicago, IL)

BMO · Chicago, IL · $45,000–$95,000 a year

Posted Sep 8, 2026 · We last checked this listing on Sep 22, 2026

Likely interview questions for this role

Written from this job description, not a generic list. Each one notes what the interviewer is really checking.

About your past

This is a new graduate program role supporting strategic initiatives in wealth management. Why wealth management rather than another part of the bank?

What they are checking: A real reason for the business line

How do you build a relationship with a stakeholder who is senior to you and busy?

What they are checking: Influence without authority, from a new graduate seat

Tell me about a time your recommendation was not taken. What did you do?

What they are checking: Handling being overruled, common in this seat

How do you handle being given work you do not yet know how to do?

What they are checking: Learning approach, which is most of the first year

What would you do

You'd build change management plans and lead readiness activities. What makes people accept a change at work?

What they are checking: Change management judgment, a named duty

You'd monitor performance and address issues. How would you know an initiative is going wrong before it obviously is?

What they are checking: Early warning rather than reporting after the fact

This is a development program based at Canal Street in Chicago. What would you want to know about where it leads before you took it?

What they are checking: Whether they diligence the program's destination

About the work

The posting names breaking down strategic problems and analyzing data to provide recommendations. Walk me through a problem you broke down and what you concluded.

What they are checking: Structured analysis with a real example

The posting names defining a communication plan designed to influence behavior with tailored messaging. Who would you tailor for, and how?

What they are checking: Audience thinking, named in the posting

What do you understand about how a wealth business actually makes money?

What they are checking: Commercial grounding, often missing in new graduates

Practice this interview out loud.

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Practice this out loud

The full job description

As published by BMO.

Application Deadline: 09/21/2026 Address: 320 S Canal Street Job Family Group: Strategy & Change Supports the management & execution of the assigned business/group program or project, including providing input to design, development & execution. Supports the execution of program components working with internal & external stakeholders to ensure effective & seamless delivery. • Develops solutions and makes recommendations based on an understanding of the business strategy and stakeholder needs. • Provides advice and guidance to assigned business/group on implementation of solutions. • Supports the execution of strategic initiatives in collaboration with internal and external stakeholders. • Builds effective relationships with internal/external stakeholders. • Breaks down strategic problems, and analyses data and information to provide insights and recommendations. • Monitors and tracks performance, and addresses any issues. • Leads or participates in defining the communication plan designed to positively influence or change behaviour; develops tailored messaging; and identifies appropriate distribution channels. • Builds change management plans of varying scope and type; leads or participates in a variety of change management activities including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives. • Supports the management of the program/project, including developing program components, promoting the program and ensuring the execution of all program components. • Participates in the design, development, implementation, and management of core program processes. • Provides input to the program strategy by analyzing current operations & challenges, researching best practices and understanding industry trends. • Provides support for the investigation, analysis & documentation of program risks. • Analyzes data and information to provide program insights and recommendations. • Collaborates with internal and external stakeholders in order to deliver on business objectives. • Organizes work information to ensure accuracy and completeness (e.g., customized exception reports, initiative tracking reports, etc.). • Communicates and reinforces program principles, strategies, processes and standards in all operational activities. • Gathers and formats data into regular and ad-hoc reports, and dashboards. • Supports the execution of strategic initiatives; includes tracking metrics and milestones. • Supports change management of varying scope and type; tasks typically focused on execution and sustainment activities. • Supports the development of tailored messaging, which may include writing, editing and distributing communications. • Tracks exception requests and corresponding approvals. • 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. • Take measured risks while protecting the bank by applying our Risk Management Framework in the execution of your role, in line with our Risk Culture and within our approved Risk Appetite, making sound and risk informed decisions that align to business strategy, protect assets, and adhere to applicable policy documents (Frameworks, Policies, Standards, Procedures and Supporting documents), laws and regulations. Qualifications: • 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. • 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. Salary : $45,000.00 - $95,000.00 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 http://jobs.bmo.com/us/en BMO is proud to be an equal employment opportunity employer. We evaluate applicants without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or any other legally protected characteristics. We also consider applicants with criminal histories, consistent with applicable federal, state and local law. BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to BMOCareers.Support@bmo.com and let us know the nature of your request and your contact information. 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.