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)
KEY ACCOUNTABILITIES
Leads the gathering, validation, and submission of data for both recurring and one-time reports
You will produce weekly, monthly, and quarterly reporting and prepare financial analysis to provide leadership with insights needed to make decisions and understand changes.
Owns the gathering, preparation, and distribution of reports to US Tech Leadership Team members
Partners with members of management and the Finance team to oversee budgeting, forecasting, and expense management activities
Manages the hiring approval process for US Technology, for employees and contractors, in collaboration with management, Human Resources, and Finance
Leads various strategic initiatives across the Business Management Office and in support of the US TI&I strategy; typically managing more than one project at a time
Provides expertise and content in creating strategies and new processes
Facilitates discussions and meetings at Leadership tables
Identifies, escalates, and implements opportunities to enhance processes and procedures to drive efficiencies
Develops and maintains procedures for all areas of responsibility
Create, update, and maintain Power BI dashboards as needed to assist US Technology leadership in making business decisions and maintaining compliance
Collaborates with numerous teams across the bank, as a liaison for US TI&I, to ensure various initiatives are completed in a timely manner
Strong background in financial analysis, with proven experience in budgeting, forecasting, variance analysis, and cost management. Able to interpret financial data, identify trends and risks, and provide strategic recommendations to optimize financial performance.
Experience in preparing and presenting financial reports to senior leadership and cross-functional teams. Demonstrated advanced proficiency in Microsoft Excel, including the ability to design and manage complex spreadsheets, utilize advanced formulas, pivot tables, data visualization tools, and automation features such as macros. Capable of transforming large and complex data sets into clear, actionable insights and reports that support business decision-making.
COMPLIANCE REQUIREMENTS/RESPONSIBILITIES
As an employee of CIBC, the incumbent must comply with all applicable CIBC and Line of Business policies, standards, guidelines and controls.
AUTHORITIES/DECISION RIGHTS
As a key contributor to the business unit, this job has the authority to recommend changes to business processes in order to enhance operational efficiency and effectiveness.
CONDUCT & CULTURE RISK
Our CIBC risk culture is based on employees striving to exceed the expectations of ourselves and our leadership's identification and mitigation of risks in their daily responsibilities, not just in quarterly or annual monitoring/assessments. We all are accountable for managing risk.
As an employee of CIBC the incumbent must conduct themselves (and foster an environment for others) in a manner consistent with our strong risk culture. This includes:
Following all aspects of the CIBC Code of Conduct, as well as all applicable CIBC policies, frameworks, guidelines, processes and controls
At all times acting in accordance with our Purpose and shared values, to achieve our Bank's strategic goals
Understanding and following the qualitative and quantitative components of our Risk Appetite Statements
Completing all annual Corporate Mandatory Training and Testing modules, as well as any additional business-specific modules, as required and employing the learnings in daily activities and undertakings
Escalating matters through one of the appropriate channels identified in the CIBC Code of Conduct (i.e., HR, management, Ethics Hotline, Whistleblower, etc.) upon observing activities that may be inconsistent with CIBC's policies, frameworks, guidelines, processes and controls
Speaking up if witnessing behaviors that drive poor or unfair outcomes for clients, team members or other stakeholders
Escalating matters that can result in adverse market practices and outcomes, thereby negatively impacting CIBC's reputation as a leading financial institution
KNOWLEDGE AND SKILLS
College or bachelor's in business or related area
Minimum 7-10 years of financial analysis, business management, or technology operations experience
Detail-oriented with strong organizational and communication skills
Adapts well to fast-paced and changing environment
Ability to create budgets, and track forecasts and expenses against an agreed upon budget
Strong presentation skills and experience presenting to Senior Leadership
Able to operate at both strategic (establishing direction) and tactical (providing detailed guidance and troubleshooting) levels
Curious about banking, strategies, businesses, and people
Ability to build rapport with a variety of stakeholders and team members
Pro-actively communicate and collaborate with internal stakeholders
Strong analytical skills; ability to apply logical solutions to business problems
Ability to identify issues and properly document and escalate them
Successfully oversee multiple initiatives simultaneously
Work independently; take initiative
Project Management
Analyze and improve upon current processes
Demonstrated advanced proficiency in Microsoft Excel, including complex data analysis, formula creation, and automation using macros.
Proficient in other Microsoft Office products including Word, PowerPoint, Teams, & SharePoint
PowerBI, experience required
WORKING CONDITIONS
·This role operates within a normal office environment
·You'll have the flexibility to manage your work activities within a hybrid work arrangement where you'll spend 1 day per week on-site, while other days will be remote.
At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $135,000.00 - $155,000.00 for the 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 may also 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.
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
IL-70 W Madison St, 8th Fl
Employment Type
Regular
Weekly Hours
40
Skills
Analytical Thinking, Business Effectiveness, Client Service, Communication, Detail-Oriented, Process Improvements, Process Management, Professional Presentation
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.
