2027 Banking Consulting Intern

West Monroe

Chicago, ILFresher4d agovia LinkedIn

About the Role

West Monroe is seeking Consulting Interns for our Banking Practice. This role offers an opportunity to launch a consulting journey and partner with clients on strategy, transformation, and delivery initiatives within the financial services industry.

Key Responsibilities

  • Apply personal and corporate knowledge to tailor solutions and build partnerships, empowering clients to gain competitive advantage.
  • Support business and technology executives to solve key challenges within the financial services industry through research, analysis, collaboration, and problem-solving.
  • Gain exposure to one or more of the following segments:
  • Commercial Banking: Including commercial lending and leasing operating model optimization, SBA lending, equipment finance, alternative business lending, agricultural lending and farm credit, Treasury management, Risk regulation and compliance, and Mergers and acquisitions.
  • Retail Banking: Including branch optimization, payments processing management, merchant and card services and loyalty programs, consumer lending and leasing, mortgage and home equity.
  • Banking Technology and AI Enablement: Including technology, data, and platform modernization supporting digital transformation across banking; AI use case identification and implementation to improve banking processes and decision-making.
  • Wealth Management: Including client & advisor experience (digital experiences, advisor enablement, and personalized engagement), and business & technology transformation through operating model optimization.
  • Leverage AI tools to accelerate analysis, synthesize complex information, and support data-driven recommendations for clients, exercising sound judgment in evaluating outputs.
  • Apply AI technologies (e.g., generative AI, automation tools, data models) to enhance insights, improve delivery efficiency, and elevate the quality of client outcomes.

Requirements & Tech Stack

  • Sharp analytical thinking and an interest in solving complex problems.
  • Effective written and verbal communication skills.
  • A collaborative mindset and enthusiasm for working as part of a team.
  • Ability to stay organized and manage priorities in a dynamic environment.
  • Demonstrated leadership through academics, extracurricular activities, or prior work experience.
  • Curiosity about emerging technologies, including AI, and a passion for continuous learning and innovation.
  • Familiarity with Microsoft Excel, PowerPoint, and applying data to analyze business problems.

Qualifications

  • Bachelor’s degree in progress, with an expected graduation date between December 2027 and August 2028.
  • Minimum cumulative GPA of 3.0.
  • Legally authorized to work in the United States without limitation or sponsorship now or in the future.
  • Ability and willingness to travel (up to 50%).
  • Experience integrating AI tools (e.g., ChatGPT) into day-to-day workflows to enhance productivity and insight generation, coupled with strong critical thinking to assess accuracy, mitigate bias, and ensure high-quality outputs.

Preferred Qualifications

  • Majors with a focus in:
  • Business Administration
  • Business Analytics
  • Economics
  • Finance
  • Interest in the financial services industry, including commercial banking, retail banking and banking technology such as leading Fintech companies, as well as traditional core technology providers.

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