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)
What You'll Be Doing
Join our Corporate Banking team as a Summer Analyst and become part of a team focused on delivering innovative banking and investment solutions to CIBC's non-bank financial institutions including hedge funds, asset managers, insurance companies and broker dealers domiciled in the U.S. Our goal remains to be the leading Capital Markets franchise in the U.S. and to work as one team to build our brand across North America and the world - proudly living our values as we work toward our vision to be the leader in client relationships.
Corporate Banking is organized into industry coverage and product groups and works in partnership with the Loan Syndications and Structuring group that is responsible for structuring new underwritten and arranged transactions, restructuring existing deals, selling syndicated loans, and advising our clients on market conditions and liquidity. Also forming part of Corporate Banking is the Trading Credit Group.
As a Summer Analyst, you will become an integral member of the Trading Credit Team, which includes senior corporate bankers, by providing a broad range of support including financial statement analysis, credit analysis, industry research and assisting in the preparation of Annual Reviews and new accounts. You will also be actively involved in the credit approval process, trading documentation negotiations and the on-going management of the Trading Credit Portfolio.
Successful candidates will be provided the opportunity to gain experience working as part of the New York Trading Credit Corporate Banking team.
Important information
You are enrolled in an undergraduate degree in business related discipline including Mathematics, Engineering, Economics or related at the time of the internship
Expected graduation date of December 2027 - June 2028.
Applications should include your resume. Please indicate your GPA and expected graduation date on your resume.
Location: New York. Please note all employees reside within the United States. All CIBC student positions require you to be based in New York for the duration of the term
Duration of Work Term: 10 weeks (June 2027 - August 2027)
Applications are being reviewed on a rolling basis, we encourage you to apply as soon as possible
How you'll succeed
Data analysis - Responsible for conducting in-depth company, industry and portfolio analysis to support the credit relationships for a large and growing portfolio of clients.
Communication and relationship management ? Conduct sound, timely and well-communicated recommendations for credit facilities supported by thorough analysis and well-executed interpretation of relevant financial, industry, business and market information.
Financial modelling - Run financial models mainly focused on credit analysis and risk rating evaluation.
Who you are
You have demonstrated interest in Capital Markets. You are highly motivated, accomplished and a success-oriented individual who has a keen interest in pursuing a career in the financial services industry demonstrated through school courses, clubs and/or related work experience.
You're digitally savvy. You are proficient in MS-office suite of tools (Word, PowerPoint, Excel). You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends.
You give meaning to data. You enjoy investigating complex problems and making sense of information. You're confident in your ability to communicate detailed information in an impactful way.
You are organized and work gracefully under pressure . You can juggle multiple tasks and prioritize work to make timely decisions and take appropriate action.
You're driven by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to bring a shared vision to life.
You understand that success is in the details. You notice things that others don't. Your critical thinking skills help to inform your decision making.
Values matter to you . You bring your real self to work and you live our values - trust, teamwork and accountability.
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 of $115,000 (pro-rated for the 10-week internship program) for the New York, NY market based on experience, qualifications, and location of the position.
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.
At CIBC, your goals are a priority. We start with your strengths, ambitions and strive to create opportunities to tap into your potential.
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
Temporary (Fixed Term)
Weekly Hours
40
Skills
Banking, Credit, Credit Analysis, Credit Risk Analysis, Financial Services, Financial Statement Analysis, Statement Analysis, Trade Credit
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.
