CIBC is a leading Canadian-based global financial institution. Through our three major businesses – Retail and Business Banking, Wealth Management and Capital Markets – we provide a full range of financial products and services to 11 million individual, small business, commercial, corporate and institutional clients in Canada and around the world. We invest in our businesses, our clients, our people and our communities to deliver consistent and sustainable earnings to our shareholders. To learn more about CIBC’s Lines of Business, please visit our website.
CIBC delivers access to career and development opportunities, safe and healthy workplaces, effective training, and positive work-life balance – so that employees are able to perform at their best, contribute to their communities and focus on cultivating deeper relationships with our clients.
Every year, CIBC is recognized for its business successes, community commitment and employee initiatives. We are proud of these successes and are committed to creating an inclusive workplace and an environment where all employees can excel.
The Capital Markets arm of CIBC provides corporate, government and institutional clients with innovative solutions to help them raise capital, and grow and invest actively throughout North America and key financial centres around the world. To deliver on its vision to be our clients’ preferred capital markets banking partner across multiple products and services, both in Canada and where our core competencies can be exported. The Capital Markets mission is to bring Canadian Capital Markets products to Canada and the rest of the world, and also bring the world to Canada.
To learn more about CIBC and the CIBC Group of Companies please visit CIBC.com.
Job Overview
The Analyst or Associate will provide a broad range of support to a team responsible for origination, structuring underwriting and distribution of syndicated loans to CIBC clients across Corporate and Business Banking. The Analyst or Associate will be involved with a variety of projects to expose them to various aspects of loan distribution, loan underwriting, credit analysis and portfolio management. They will work with a number of senior people internally to support a wide range of clients across industries. The Analyst or Associate will develop their skills through on the job training, mentoring and in some cases formal classroom training sessions.
What You’ll Be Doing
- Assist in executing all facets of the group’s mandates.
- Responsible for both quantitative and qualitative data analysis and industry research.
- Maintaining group’s databases on a current basis; including the pricing comps database, underwriting comps database amongst others to be assigned.
- Assist in sending out firm wide summary / update e-mails recapping the Canadian Bank Market week in review.
- Assist in preparing extensive presentations including underwriting documents and company information documents for marketing purposes.
- Play a key role in the preparation of client proposals and pitch documents by preparing bank market update slides, market pricing comps and syndication strategy slides amongst others as assigned on an ad-hoc basis.
- Assist on business development calls as required.
- Working collegially and effectively with Lending, Risk and Investment Banking partners to ensure a seamless financing solution is delivered to the client.
- Support the Loan Syndication Desk in formulating and maintaining market views on a consultation basis on credit financings, as needed by deal teams.
- Develop expertise on Canadian bank market conditions, with the ability to integrate knowledge and effectively communicate with peers and colleagues.
- Begin to develop a personal profile within the firm .
- Contribute fresh perspectives to the team.
Qualifications
• Analyst: Minimum 1 year related experience; Undergraduate degree in finance, economics, engineering or other complementary business industry discipline.
• Associate: Minimum 2 years related experience; MBA, CFA or other relevant professional designation preferred.
• Unquestioned professionalism, ethics and reputation. Approach to the workplace that is based on open communication and a team atmosphere.
• Thorough understanding of Corporate Finance theories and practices, well-developed financial analysis and financial modeling skills.
• Excellent understanding of financial statements and accounting principles.
• Superior analytical and quantitative skills (i.e. financial and data analysis).
• Strong technical/computer skills (Excel, Word, PowerPoint, Bloomberg).
• Ability to research and monitor large volumes of information from various sources, gather data and perform analyses on an ongoing basis.
• Excellent oral and written communication skills to effectively communicate complicated concepts and financial data to senior management.
• Well-developed problem-solving and decision-making skills.
• Solid understanding of specific industry, including fundamental market factors, and capital markets activity and influences.
• Previous credit structuring or lending experience would be viewed as an asset.
• Excellent organizational and time management skills to deal with multiple and sometimes conflicting demands and time
What CIBC Can Offer You
- Flexible health benefits, stock purchase plan, competitive incentive pay and recognition programs
- Competitive salary and banking benefits
- Career growth, development and continuous learning opportunities
- Opportunity to be involved in CIBC events that help our communities
- Click to learn more about Rewards & Recognition, Learning & Development, and Employee Community Involvement
What You Need To Know
- Must be legally eligible to work in Canada at the location(s) specified above and, where applicable, must have a valid work permit or study permit that allows the candidate to fulfill the requirements of the role
- This role operates within a normal office environment with little exposure to adverse working conditions.
- Often required to work beyond normal business hours.
- Required to make frequent decisions in a fast paced work environment.
