Business Analyst

BMO Wealth Management - U.S.

📍Chicago, IL
Posted May 23, 2026

Job Overview

Position

Business Analyst

Company

BMO Wealth Management - U.S.

Location

Chicago, IL

Work Type

On-site

Job ID

li-4416744774

Job Description

BMO - Business Analyst (Financial/Banking)

Role:
Business Analyst

Location:
Chicago/Naperville (onsite 2 days a week)

Duration:
24 Months+ extension/conversion

Structure
: W2 contract (no C2C or H1 sponsor)

Start Date:
ASAP

Interview Process
: 1 round virtual

Compensation:
$105,000 - $140,000

Benefits:
Medical, Dental, Vision, 401K, Equipment ect.

**Must have previous Business Analyst experience working within banking or financial institutions in wealth AND background in AI **

Must Haves:

  • Local to Naperville, IL and willing to be onsite 2 days per week

  • Strong core Business Analyst experience with end‑to‑end requirements gathering

  • Prior experience supporting wealth management initiatives

  • Experience working on AI, machine learning, or advanced analytics projects

  • Ability to investigate, identify, and document data sources across enterprise systems

  • Experience translating business needs into high‑level and detailed requirements (LRDs / waterfall documentation)

  • Comfortable working in a waterfall delivery model

  • Ability to partner closely with business stakeholders to define use cases and success criteria

  • Strong communication skills and ability to interface with both business and technical teams

  • Ability to support multiple machine learning projects simultaneously

  • Experience working under senior leadership

Nice to Haves:

  • Prior experience within large financial institutions or enterprise banking environments

  • Experience supporting Gen AI use cases in wealth management

  • Familiarity with customer data, wealth data, and financial datasets

  • Experience collaborating with data engineers and data science teams

  • Understanding of personas, access controls, and governance in AI initiatives

  • Experience helping structure ambiguous or “random” AI use cases into clear requirements

Day to Day:

  • Sit onsite in Naperville 2 days per week and collaborate closely with business and technical teams

  • Partner with wealth management stakeholders to understand business problems and AI use cases

  • Investigate where required data lives and identify relevant data sources for machine learning models

  • Convert business requests (e.g., “do XYZ with this data”) into structured, high‑level requirements

  • Create and maintain LRDs and other waterfall requirements documentation

  • Work closely with data engineers, who will handle data builds and pipelines

  • Support multiple ongoing machine learning and AI initiatives focused on wealth use cases

  • Help define success criteria, personas, and access needs for Gen AI projects

  • Ensure requirements are clear, actionable, and aligned with business priorities

  • Act as a strong core BA, without expectations around ETL development or dashboard buildouts

Interview Prep

AI-powered insights to help you prepare

Key Skills

Required:
Preferred:

Practice Questions

💡Technical Questions (3)
  • 1.Walk me through your approach to investigating and documenting enterprise data sources for a new machine learning model.
  • 2.How do you translate a vague business request like 'use Gen AI to improve client insights' into a structured High-Level Requirement (LRD) in a waterfall model?
  • 3.What specific elements must be defined when documenting requirements and success criteria for a Gen AI or ML initiative in wealth management?
🎯Behavioral Questions (3)
  • 1.Tell me about a time you had to take an ambiguous or 'random' AI use case from a business stakeholder and structure it into clear, actionable requirements.
  • 2.Describe your experience supporting multiple machine learning projects simultaneously. How do you prioritize and manage your time?
  • 3.Give an example of how you successfully bridged the communication gap between business stakeholders and a technical data science/engineering team.
🧩Situational Questions (2)
  • 1.You are gathering requirements for a wealth management AI project and discover that the data the business wants to use is siloed across three different enterprise systems with strict access controls. How do you proceed?
  • 2.A senior leader requests a new Gen AI feature and wants to skip the detailed waterfall documentation to speed up delivery. The data science team, however, refuses to start without clear requirements. How do you handle this?

Resume Keywords

Make sure these keywords appear on your resume

Wealth ManagementArtificial IntelligenceMachine LearningRequirements GatheringLRDWaterfallData SourcesUse CasesGenerative AIData EngineeringStakeholder ManagementBanking

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