Description
INTERN - INTERNAL AUDIT (IA)
WHAT IS THE OPPORTUNITY?
The Internal Audit (IA) summer internship is designed to provide undergraduate students with a hands-on introduction to internal audit practices within a large financial institution. IA Interns will gain exposure to audit methodologies, risk assessment processes, and the internal control environment while developing critical thinking and analytical skills. Interns will be assigned to one of the following areas: financial audits, operational audits, corporate functions, IT audits, etc.
Internal Audit
The Internal Audit team provides objective and independent assurance services to support the bank in its mission and to help achieve its objectives through proactive risk management. The focus is on ensuring business activities remain safe, compliant, and well-positioned for future opportunities and sustainable growth.
WHAT WILL YOU DO?
* Develop a general knowledge of the business, regulatory and accounting and control environment in which City National Bank operates.
* Collaborate with internal audit team members and business stakeholders to understand risk and a control environment.
* Assist the Senior Auditor and/or Audit Manager in the planning, execution, and reporting of internal audits across various business functions (e.g., finance, operations, compliance, technology).
* Prepare narratives/flowcharts detailing internal controls of area audited.
* Participate in walkthroughs, perform control testing, and document work performed, test results and conclusions using work paper preparation guidelines.
* Support and/or participate in periodic and audit exit meetings with management.
* Participate in special projects and continuous improvement initiatives related to audit processes or risk management.
- At least 18 years old
- Enrolled in a college/university working towards a Bachelor's degree
- Graduation date December 2026 or May/June 2027
- Strong analytical, interpersonal, and writing skills
- Preferably pursuing a degree in Accounting, Finance, Business, Mathematics, Economics or Information Systems
- Ability to manage multiple tasks and collaborate with other colleagues
- Ability to work independently or under the guidance of the supervisor
- Intermediate proficiency with applications such as MS Outlook, Word, Excel and PowerPoint
This role is non-exempt. The hourly wage is $25/hr (40 hours a week for 10-weeks).
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.
Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job.
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