Financial Operations Services Analyst – Leadership & Excellence Analyst Program (LEAP)

City National Bank; Newark (NJ); On-site; USD 34,000 - 51,000; Full time

Benefits offered by this job

Healthcare coverage

401(k) matching

Tuition reimbursement

Time away benefits

Fertility benefits

Career mobility

CRG networks

Job summary

City National Bank in Newark, New Jersey, invites applications for the Financial Operations Services Analyst in the Leadership & Excellence Analyst Program (LEAP). The program offers three 6-month rotations across Banking and Investment Services teams, with emphasis on data, analytics, automation, and leadership development.

Participants gain hands-on experience, mentorship, and opportunities for continued education and networking while working on projects that drive growth and efficiency.

Qualifications

• Bachelor’s Degree or equivalent required.
• 1 year experience in MS Office.
• Career interest in banking preferred.
• Proven leadership skills, with the ability to lead projects and build relationships.
• Excellent verbal and written English communication skills, as well as confidence to speak up with poise.
• Must be proficient in multi-tasking and prioritizing projects.
• Problem solving, analytical and decision-making skills with strong business acumen.

Responsibilities

• Participates in cross-functional rotation assignments in Banking and Investment Services; develop understanding of CNB B&IS functions while gaining hands-on experience.
• Gains industry and organizational knowledge through daily business interactions with key stakeholders.
• Completes rotations across trading, payments, new accounts, client service, risk and strategy teams.
• Works cross-functionally on short and long-term projects focused on growth and efficiency.
• Develops business, financial, and analytical skills needed for a career at CNB.

Skills

Leadership

Communication

Analytical thinking

Multitasking

Education

Bachelor’s Degree or equivalent

Tools

MS Office

Job description

Financial Operations Services Analyst – Leadership & Excellence Analyst Program (LEAP)

WHAT IS THE OPPORTUNITY?

The Banking and Investment Services Leadership & Excellence Analyst Program (LEAP) is designed to develop the technical skills, business acumen, and leadership abilities of new or recent graduates and high-performing, high-potential colleagues. The goal of the LEAP program is to accelerate the development of future leaders by providing participants varied experiences that enable them to learn, contribute, and integrate within the bank. During this program, you will have the opportunity for three 6-month rotations through various teams within B&IS.

In addition, you will also participate in forums and projects specifically designed for holistic growth and education across:

1. Leadership & Mentorship
2. Business, Products, and Clients
3. Industry and Innovation

The rotational program is designed to provide the colleague with varied, but deep exposure into many of the products and services offered by City National Bank through both experiential, hands-on work, as well as mentorship, project experience, and an opportunity for continued education and networking. Focus areas will include both technical (data, analytics, automation, agile program delivery) and professional (executive presence, effective communication, leadership style) skill development. Hands-on work and projects will range in scope, allowing you to showcase your talents to a broad range of colleagues and executives, while giving you the experience necessary to thrive at CNB and in a professional setting.

Specific rotational roles will include, but not limited to:

• Operations and client & colleague service support for our 3 business areas: Commercial & Corporate Banking, Banking & Wealth Management, and Entertainment Banking
• Trading and service support for our new clients and new accounts, specialty finance, interest rate, fixed income, supply chain, and a variety of other operations-based functions
• Transaction and processing support across payment platforms offered through City National Bank, including Zelle, Wires, Checks, ACH, and Real Time Payments
• Risk and Control coverage across our businesses and processes with an interface to internal audit and second line of defense
• Program and project management responsibilities to drive strategy initiatives and transformation efforts across our businesses

Specific experience and knowledge will be gained:

• Cross-asset and cross-product investments
• Management of real time risk, reporting, and escalation
• High Profile and High Net Worth Client and Advisor service
• Data driven approach to safety, soundness, planning, and forecasting
• Future technologies, and change management practice to implementation

WHAT WILL YOU DO?

• Participates in cross-functional rotation assignments in various aspects of Banking and Investment Services; develop an understanding of the full suite of City National Banks B&IS functions while gaining hands-on experience
• Gains industry and organizational knowledge through daily business interactions and job assignments while working closely with key company stakeholders
• Completes rotations across trading, payments, new accounts for clients and client service activities, risk and/or strategy teams
• Works cross-functionally on short and long-term projects and initiatives focused on growth and efficiency
• Develops business, financial, and analytical skills needed for career at CNB
• Understands CNB’s culture and strategy and the overall vision of the bank
• Gains knowledge of banking systems and processes, risk management principles, framework, and internal controls
• Utilizes knowledge and learned skills to identify opportunities to improve processes, tackle complex projects, provide innovative business solutions and recommendations

WHAT DO YOU NEED TO SUCCEED?

Required Qualifications*

• Bachelor’s Degree or equivalent
• 1 year experience in MS office application

Additional Qualifications

• Career interest in banking preferred.
• Proven leadership skills, with the ability to lead projects and build relationships
• Excellent verbal and written English communication skills, as well as confidence to “speak up” with poise to deal with challenging situations.
• Must be proficient in multi-tasking and prioritizing projects.
• Problem solving, analytical and decision-making skills with strong business acumen.

WHAT’S IN IT FOR YOU?

Compensation

Starting base salary: $24.46 – $36.69 per hour. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.

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

Get a more detailed look at our Benefits and Perks.

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.