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Internship
bachelor degree, postgraduate degree
Medical insurance, Dental insurance, Vision insurance, 401(k) matching, Tuition reimbursement, Vacation time
Posted 7d ago
Apply by Sep 4
~40 hrs/week
Responsibilities
The intern will participate in credit underwriting, portfolio management, and financial analysis to support various banking lines of business. They will also collaborate on a capstone project and engage in professional training and networking opportunities.
Requirements
Candidates must be a rising junior or senior in college pursuing a Bachelor's or Master's degree. Applicants should possess strong analytical, quantitative, and communication skills.
Full job description
INTERN
WHAT IS THE OPPORTUNITY?
Credit Solutions provides thoughtful, risk-aligned credit solutions for the Commercial, Consumer, Entertainment & Sports Banking and Private Banking lines of business at City National Bank (“CNB”). Our mission is to support CNB’s relationship-driven model by executing prudent credit underwriting, customized loan structuring, continuous risk monitoring, and credit product governance. We are committed to maintaining credit quality, complying with CNB’s risk framework and regulatory standards, and enabling sustainable loan growth. With the client at the center of every decision, we build trust, create value, and foster strong partnerships.
As a Credit Solutions Intern, you will become an integral member of the team and gain hands-on experience by participating in our 10-week program. Designed to provide a strong talent pipeline for the division, the Credit Summer Intern Program offers motivated undergraduate students the opportunity to develop their financial and business acumen by supporting the CNB lending teams including Commercial Middle Market, Commercial Real Estate, Specialty Banking, Entertainment & Sports, Private Banking and Personal & Business Banking.
Successful completion of this program provides an opportunity to obtain a full-time offer upon college/university graduation via our Credit Management Training Program.
WHAT WILL YOU DO?
Participate in projects and assignments that directly contribute to the success of the team you support including:
Exposure to credit underwriting and portfolio management while working on active clients.
Analyze company and personal financial statements to determine borrower financial performance and repayment capacity.
Analysis of industry performance and trends.
Work collaboratively with your Intern cohort on a capstone project.
Professional instructor-led training that includes the fundamentals of working in a banking corporate environment.
Interaction and opportunities to network with executives and senior leadership.
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
WHAT DO YOU NEED TO SUCCEED?
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
Additional Qualifications
Strong written and verbal communication skills
Effective interpersonal skills
Proficient in multitasking and prioritizing projects
Excellent analytical and quantitative skills
Able to work independently and in teams
WHAT'S IN IT FOR YOU?
Compensation
This role is non-exempt. The hourly rate is $25/hour.
Benefits and Perks
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
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.
Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job.
City National Bank Member FDIC. A subsidiary of Royal Bank of Canada.
Industry
Banking
Company size
1,001-5,000 employees
Founded
1954
Headquarters
Los Angeles, CA
LinkedIn followers
74,978
City National Bank, a subsidiary of Royal Bank of Canada, is the largest bank headquartered in Los Angeles with $93 billion in assets as of July 31, 2025. Founded in 1954, City National provides personalized banking, investment and trust services in select markets including Los Angeles, Orange County, San Diego, the San Francisco Bay Area, New York City, Nashville, Atlanta, Delaware, Las Vegas, Washington D.C. and Miami.* In addition, the company and its investment affiliates manage or administer $106 billion in client investment assets. City National is dedicated to strengthening communities, and in 2024 alone, the company made charitable contributions of nearly $10 million in charitable contributions to nonprofits that support the communities it serves.
*City National Bank does business in Miami and the state of Florida as CN Bank.
Offices: 555 South Flower St., Los Angeles, CA 90071, US
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