What are the responsibilities and job description for the Intern position at City National Bank?
INTERN
WHAT IS THE OPPORTUNITY?
Our internship opportunities span three major areas of focus -- Credit and/or Finance, Data Science/Data Analytics, and Project Coordination-- and are part of City National teams including Real Estate Banking, Entertainment Banking, Commercial Banking, Specialty Banking, Human Resources, Residential Lending, Treasury Management Services, Personal & Business Banking, Banking & Investment Services, Technology & Innovation, Finance, Risk Management, Marketing - Product Strategies, and Wealth Management.Opportunities include:- Participating in projects and assignments that directly contribute to the success of the department you support.- Working collaboratively with the intern cohort on a capstone project- Professional instructor-led training that includes the fundamentals of working in a corporate environment- Interaction and opportunities to network with executives and senior leadership- Social events to network with your fellow interns- The potential to obtain a full-time offer
WHAT WILL YOU DO?
Required Qualifications*
Compensation
This is a commission-based role and does not have a set salary range.
Benefits and Perks
Benefits
At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including:
About Us
Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at About Us.
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
WHAT IS THE OPPORTUNITY?
Our internship opportunities span three major areas of focus -- Credit and/or Finance, Data Science/Data Analytics, and Project Coordination-- and are part of City National teams including Real Estate Banking, Entertainment Banking, Commercial Banking, Specialty Banking, Human Resources, Residential Lending, Treasury Management Services, Personal & Business Banking, Banking & Investment Services, Technology & Innovation, Finance, Risk Management, Marketing - Product Strategies, and Wealth Management.Opportunities include:- Participating in projects and assignments that directly contribute to the success of the department you support.- Working collaboratively with the intern cohort on a capstone project- Professional instructor-led training that includes the fundamentals of working in a corporate environment- Interaction and opportunities to network with executives and senior leadership- Social events to network with your fellow interns- The potential to obtain a full-time offer
WHAT WILL YOU DO?
- (Credit and/or Finance focus)
- Exposure to all aspects of credit underwriting while working on active deals
- Analyze company financial statements to determine borrower financial performance
- Update/create valuations
- Analysis of industry performance
- Research industry trends, report and present on findings
- (Data Science/Data Analytics focus)
- Extract, manage, and manipulate large data sets
- Process engineering
- Draw conclusions and make actionable recommendations
- Provide insight to new process development and continuous improvement efforts
- Report and/or present on findings
- (Project Coordination focus)
- Conduct interviews with internal and external subject matter experts
- Research and review pertinent data to make recommendations for process improvement
- Document new processes and procedures
- Leverage technology to develop process or program efficiencies
Required Qualifications*
- At least 18 years old
- Rising Junior or Senior in college (graduation date no earlier than December of current year)
- Enrolled in a college/university working towards a Bachelor’s or Master’s degree
- Strong written and verbal communication skills
- Effective interpersonal skills
- Proficient in multitasking and prioritizing projects
Compensation
This is a commission-based role and does not have a set salary range.
Benefits and Perks
Benefits
At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including:
- Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
- Generous 401(k) company matching contribution
- Career Development through Tuition Reimbursement and other internal upskilling and training resources
- Valued Time Away benefits including vacation, sick and volunteer time
- Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
- Career Mobility support from a dedicated recruitment team
- Colleague Resource Groups to support networking and community engagement
About Us
Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at About Us.
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
- Represents basic qualifications for the position. To be considered for this position, you must at least meet the required qualifications. careers.cnb.com accepts applications on an ongoing basis, until filled.