Associate, 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 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

What You’ll Be Doing

The Associate for Corporate Banking provides corporate credit analysis and transactional support within Corporate Banking and assists with managing the banking relationship between CIBC Capital Markets and clients primarily in the NBFI Sector including but not limited to Insurance Companies, Specialty Finance, Asset Managers, Funds and Sponsors. This necessitates maintaining an awareness of the client, company, industry, regulatory issues, relevant economic/political trends and client needs as well as tailoring coverage and financing solutions to meet client needs.

How You’ll Succeed

• Conducts credit and financial analysis, both for existing clients and on new financing opportunities

• Researches and analyses information and drafts credit proposals in conjunction with Directors, Executive Directors and/or the Managing Director

• Establishes and maintains contact with clients throughout the due diligence process to obtain/provide information and advice, conduct interviews and relay information regarding the process and CIBC’s requirements

• Assists in analyzing, structuring and documenting new loan transactions

• Is familiar with appropriate due diligence criteria and effectively conducts such analysis and investigation to provide CIBC with an appropriate “due diligence defense” under applicable securities legislation

• Organizes presentations to potential clients, assisting in the development of presentation information

• 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 or related field; previous corporate finance/corporate lending and structuring experience is preferred

• Excellent analytical ability including demonstrated knowledge of valuation techniques and practices, including cash flow analysis

• Ability to work well and excel in a team environment

• Thorough understanding of Corporate Finance theories and practices, well-developed financial analysis skills, including financial modeling

• Ability to engage with Credit Partners and independently present at deal committees

• Excellent understanding of financial statements and accounting principles

• Well-developed organizational skills in order to respond to shifting priorities on several simultaneous projects

• Demonstrated job commitment including a willingness to work extended hours and personal flexibility and adaptability in order to meet client requirements

• Develop financial models to assist in structuring transactions and perform sensitivity analysis

• Excellent interpersonal, presentation, oral and written communication skills in order to convey factual and conceptual information to others and promote the interests of CIBC

• You embrace and champion change. You'll continuously evolve your thinking and the way you work in order to deliver your best.

• Your influence makes an impact. You know that relationships and networks are essential to success.  You inspire outcomes by making yourself heard.

• You’re digitally savvy. You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends.

• 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 create a shared vision.

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of USD$150,000 - 175,000 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 Relationship Management, Financial Markets Analysis, Financial Modeling, Industry Research, Portfolio Analysis, Strategic Objectives, Wealth Management

Salary : $150,000 - $175,000