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)
Analyst, Corporate Banking
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 feel empowered at work. Our team members have what they need to make a meaningful impact and feel truly valued for who they are and what they contribute.
What You'll Be Doing:
Analyst in Corporate Banking provides corporate credit analysis, transactional support and assists in managing the relationship between CIBC Capital Markets and clients primarily in North American Power & Utilities sector. This necessitates maintaining an awareness of the client needs, their financial stability, industry sector developments, regulatory issues, relevant economic/political trends as well as tailoring coverage and financing solutions to meet their needs.
How You'll Succeed:
Conducts credit and financial analysis of existing and new clients
Researches and analyses financial information and drafts credit proposals and recommendations in close coordination with the full client coverage team of Associates, Directors, Executive Directors and Managing Directors
Establishes and maintains contact with clients throughout the diligence process to obtain/provide information and advice, conduct reviews and relay information regarding the process and bank's requirements
Assists in analyzing, structuring and documenting new transactions
Organizes presentations for existing and potential clients and assists in analysis for the presentation materials
Follows up credit-related customer queries and customer service-related matters not otherwise covered by Credit Processing Services. Acts as liaison with officers of Credit Processing Services
Liaises with other units of CIBC, CIBC Capital Markets and Risk Management in preparing credit reviews and proposals for clients' financing needs
Oversees and/or participates in the conduct of research and collection of information to assist in the identification and analysis of potential business transactions
Assists in the on-going monitoring of the terms and conditions of approved credit arrangements and appropriately identifies any relevant changes in the financial condition/business of a client
Ensures that recommendation and opinions offered to clients are in compliance and at all times maintains the professional standards and policies of CIBC
Who You Are:
Values matter to you. You bring your real self to work and you live our values - trust, teamwork and accountability.
You can demonstrate experience with:
Bachelor's degree in Business; previous corporate finance/corporate lending experience is preferred
Excellent understanding of financial statements and accounting principles
Thorough understanding of Corporate Finance theories and practices, well-developed financial analysis skills, including financial modeling, transaction structuring and sensitivity analysis
Excellent analytical ability including demonstrated knowledge of valuation techniques and practices, including profitability and cash flow analysis
Ability to work well and excel in a team environment as well as work independently when required
Excellent interpersonal, oral and written communication skills in order to convey factual and conceptual information to others and promote the interests of CIBC
Demonstrated ability to compile financial data and analysis in concise and thoughtful presentations for internal and external clients
Well-developed organizational and time management skills in order to respond to shifting priorities on multiple transactions and projects
Demonstrated job commitment including a willingness to work extended hours and personal flexibility and adaptability in order to meet client requirements
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 $115,000-$135,000 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
Analytical Thinking, Business Development, Client Service, Financial Analysis, Financial Markets Analysis, Financial Modeling, Financial Statements, Industry Research, Portfolio Analysis, Strategic Objectives, 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.
