National Bank - Banking Industry
Location: Downtown 130 King West
Important Note: Students must be at least 16 years old by January 8th, 2027
Eligibility: Must be a Canadian citizen or permanent resident.
Overview
Hands-on exposure to banking operations across Onboarding (CPMC), Mutual Funds, and Settlements. Learn process accuracy, client data handling, and fundamentals of financial operations.
Company-level prerequisite:
Completion of two business courses prior to start (e.g., Accounting, Personal Finance, Financial Securities are strong assets).
Students without business courses will only be considered for National Bank positions if suitable candidates cannot be found. Priority will be given to 4-credit students who have taken business courses.
Available Positions
In-person (130 King St W)
[4 Credit] Client Management Profile Control (CPMC) Co-op Intern
Admin onboarding tasks (mailroom organization, and return-mail handling), Account openings and document management
[4 Credit] Mutual Fund MFDO Trading Co-op Intern
The Mutual Fund Co-op Intern will receive an overview of Mutual Fund Dealer Operations (MFDO) and support daily operational activities across various functions. This role focuses primarily on non-financial administrative and operational tasks while providing exposure to mutual fund processing and investment operations.
Key Responsibilities:
Assist with internal transfer cancellations and support transfer requests in INPERR status.
Process and maintain systematic plans, including Form 115 and Form 116 transactions (setup, modification, and deletion of plans).
Review operational emails and complete associated tasks according to established procedures.
Investigate and resolve minor non-financial inquiries, helping to mitigate operational risk.
Review fax and message rejects and route them to the appropriate stakeholders for action.
Support daily trading and operations activities through data review, issue identification, and task completion.
Assist with special projects and perform other duties as assigned.
What Students Will Gain:
Exposure to mutual fund operations and investment processing.
Experience working with operational procedures, risk controls, and service standards.
Opportunity to develop analytical, organizational, and problem-solving skills in a professional financial services environment.
*NEW* [4 Credit ] NEW Mutual Fund, Procedure and Governance Team Intern
Working as an analyst supporting the Knowledge and Learning Team by standardizing procedures and information; supporting the design, updating, maintaining, and testing documentation; supporting learning and development professionals; maintaining learning guides and programs; and providing governance support for learning frameworks and documentation.
[4 Credit] Settlement & Specialized Activity Co-op Intern — Prepare wire instructions; post cash journals; correct settlement errors; upload manual trades; prepare manual transfers; review reject reports; correct client information; monitor team mailbox; process physical mail.
[2 Credit AM/ PM/ 4 Credit Co-op] Investment Operations Transfers In and Out Team (Updated Job Description on October 27th, 2026) - As part of the Transfers team, you will support a variety of activities related to the movement of investment accounts and registered plans. Responsibilities may vary based on team priorities and business needs and can include reviewing and analyzing transfer documentation, initiating transfer requests, processing account transfers, completing system updates, and supporting follow-up activities with internal and external partners. Throughout your placement, you will gain exposure to multiple processes and tools while developing an understanding of the end-to-end transfer lifecycle and contributing to ongoing process improvements.
[2 Credit AM or PM Co-op] Estate Case Co-op Intern with NB Montreal Team -Real Estate Co-op Intern positions will not be available for Semester 2 (2026–2027). We look forward to resuming the program in Semester 1 (2027–2028). This student role offers a unique opportunity to support the settlement of estate files by analyzing legal documents, such as Wills, and processing investment accounts across multiple lines of business. We are seeking a reliable, detail-oriented individual with a background in law, finance, or administration who can balance technical precision with the empathy required for sensitive situations. The ideal candidate is a proactive, coachable student who takes initiative, asks insightful questions, and demonstrates the sound judgment necessary to support advisors and ensure the accurate processing of financial data.
Apply to National Bank
Application Deadline: Friday, November 13th, 2026, at 4 PM
Please read the National Bank Behaviour Expectations Agreement before you apply.
Important note: Applications without ELIS will not be considered for an interview.
Important Note: Students must be at least 16 years old by January 8th, 2027