We're building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what's right for our clients.
At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.
To learn more about CIBC, please visit CIBC.com (https://www.cibc.com/en/about-cibc.html)
About Our Group:
The Industrials Group provides investment banking services to leading corporate and private equity clients focused on the capital goods, engineered products, diversified, mobility, aerospace, industrial services, and industrial technology sectors. The Group's strategic mandate is to assist companies as they navigate changes in the industrial landscape, particularly within the energy ecosystem and the impact of technology.
Our client-centric approach leads with M&A and other financial advisory services with full access to the debt, equity, and loan capital markets. We also delivers complex risk hedging solutions to clients. The Industrials Group focuses extensively on leading private equity sponsors providing strategic advice, including sell-side M&A, as well as debt and equity financings, buyout financings, and risk management solutions. The Group has a global coverage strategy across North America, Europe, and Asia. We have bankers in New York and Chicago and partner with colleagues in other major cities, including Houston, San Francisco, Toronto, and London UK.
With guidance from Managing Directors, Executive Directors or Directors, you will complete assignments that impact the firm's bottom line through transaction and financing execution, client relationship support, industry and company research, and contributing to the overall communication flow across our global offices. The role provides you with steep learning and an ability to observe and influence the strategic direction of our clients' businesses with exposure to company executives, private equity partners, and boards of directors.
What You'll Be Doing:
Assist in executing all facets of the group's mandates
Conduct industry research and analysis to assist in the identification and/or analysis of investment banking business opportunities
Play a key role in the preparation of client proposals, "pitchbooks" and the execution of new and existing client mandates, including overseeing Analyst work:
Develop and audit sophisticated financial models
Participate in cross functional teams and liaising with other units of CIBC Capital Markets in executing mandates or preparing proposals for clients
Prepare industry and financial analysis to assist with the development of client recommendations
Lead industry comparable value and transaction precedent analyses
Assist in company due diligence investigations
Support senior investment banking colleagues and directing and training analyst teammates
Take advantage of in depth technical and industry knowledge, as well as the geopolitical environment to generate transaction ideas/opportunities that can be discussed with the relevant relationship manager and deal/coverage team
Relationship Building - Grow your internal and external networks by participating in the following activities:
Coordinating client-focused and/or deal-focused "brainstorming" sessions with relevant team members and product specialists
Liaising with other units of CIBC Capital Markets in preparing proposals for clients
Developing relationships and actively communicating with various appropriate contacts at our clients
Developing and maintaining an internal network with product groups and other business groups
Developing and maintaining an external network with the market (i.e. key stakeholders, clients, prospects, etc.)
Supporting CIBC's "Culture of Care" through involvement in community activities
Actively managing and mentoring the Analysts that work with you and providing regular feedback to them
How You'll Succeed:
Associates in the Industrials Group will be expected to provide a broad range of analytical, research and presentation preparation support to all the professionals within their group and play a critical role in mentoring and training Analysts on the team. Typically, Associates are assigned to a variety of transactions and advisory projects, such as mergers & acquisitions, divestitures, equity and debt financings, and capital structure and strategic advisory projects, and must have strong prioritization and multi-tasking capabilities. You will also be expected to maintain an awareness of our clients, industry, regulatory issues and relevant economic/political trends.
Applying your strengths in quantitative analysis to create and direct complex financial analysis and models while extracting the "big picture" implications of such analysis will be critical to your success.
The role of an Associate is challenging and fast-paced. It requires dedication, passion for the industry and a very solid work ethic. You must be able to accept flexibility in required personal time commitments to complete work assignments.
As part of the Industrials deal team, you will gain exposure to working with individuals from various groups across the firm, globally. A team approach to executing coverage, M&A advisory and financing assignments is designed to provide progressive on the job training.
Who You Are
You are success-oriented. Extremely dedicated and motivated individual with high career aspirations. Must be capable of assuming high levels of responsibility within short time frames. Success to you is helping solve and execute on the complex financial and strategic needs of our clients.
Education You've Completed. Successful completion of an undergraduate degree.
Industry Experience. A minimum of 2 to 4 years of previous experience in investment banking. Strong senior Analysts will be considered. Experience must have included meaningful financial modeling and analysis. Working knowledge of the industrial sector and the capital markets is preferred.
Financial Skills. Excellent analytical ability including demonstrated knowledge of valuation techniques and practices, including cash flow and returns analyses. Knowledge of accounting principles relating to financial statement preparation and business combinations.
Technical Skills (Programs, Methodologies, Systems). Strong quantitative technical skills as it relates to basic computer applications (Excel, Word, PowerPoint), industry technology (FactSet, Bloomberg) and other applicable software.
Collaborative and Professional. Well-developed interpersonal and relationship building skills in order to develop, manage and leverage relationships with clients, and internal and/or external business partners. Well-developed written and verbal communication skills sufficient to provide detailed explanation and interpretation of factual and conceptual information and ideas related to complex technical and conceptual issues. Unquestioned professionalism, ethics and reputation and proven ability to exercise strong independent judgment when making business decisions and/or representing CIBC Capital Markets.
Values matter to you. You bring your real self to work and you live our values - trust, teamwork, and accountability.
LI-TA
California residents - your privacy rights regarding your actual or prospective employment (https://us.cibc.com/en/about-us/california-consumer-privacy-act-employment.html)
At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $175,000-$225,000 for the New York, NY market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit's incentive compensation plan, which also may include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employee's needs; including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave, and Vacation), Holidays, and 401(k), in addition to other special perks reserved for our team members.
Candidates hired to work in other locations will be subject to the pay range associated with that location. Additional total compensation and benefits details will be provided during the hiring process.
What CIBC Offers
At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career, rather than just a paycheck.
We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program*, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program.
Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.
We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.
*Subject to plan and program terms and conditions
What you need to know
CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact Mailbox.careers-carrieres@cibc.com
You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit.
We may ask you to complete an attribute-based assessment and other skills tests (such as simulation, coding, MS Office). Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us.
Job Location
NY-300 Madison Ave., 8th Floor
Employment Type
Regular
Weekly Hours
40
Skills
Advisory Services, Analytical Thinking, Business Finance, Capital Markets, Capital Structure, Client Relations, Company Due Diligence, Customer Experience (CX), Debt, Due Diligence, Financial Modeling, Financial Research, High Net Worth Individuals, Investment Banking, Investment Valuation, Private Equity, Wealth Management
At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability.
Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel.
Every day, our 44,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.
