CIBC

What you’ll be doing

CIBC Capital Markets provides corporate, government, and institutional clients with innovative solutions to help them raise capital, and grow and invest actively throughout North America, Latin America, and key financial centres around the world. Our mission is to bring Canadian Capital Markets products to Canada and the rest of the world, and also bring the world to Canada. CIBC’s Corporate Banking business is focused on originating, structuring, syndicating and managing the credit and financing needs for CIBC Capital Markets’ clients.  

Corporate Banking is organized into industry coverage and product groups and works in partnership with the Loan Syndications, Structuring and Portfolio Management 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 which is responsible for the management of credit exposures associated with the sales and trading business. 

Corporate Banking professionals work closely with our partners in Investment Banking and Global Markets to provide financing solutions to our clients. As a successful Summer Associate, you will be given consideration for full-time opportunities in Corporate Banking. 

At CIBC we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.

Important information

• You must be currently enrolled in a MBA or Master’s program in Business, Commerce, Finance, Economics or a related program with a graduation date no sooner than December 2024. Please indicate your expected graduation date on your resume.

• Include your resume, cover letter, and your most recent unofficial transcript with your application. These should all be uploaded into the resume section of your application in a PDF format.

• Location: Toronto. Please note all employees must work within their current jurisdiction and must reside within Canada. All CIBC student positions require you to be based in Canada for the duration of the term.

• Duration of work term: 4 months (May 2024 – August 2024)

• This job posting closes on January 7th 2024 at 11:59PM EST.

How you’ll succeed

• Data analysis and research – Be integral to the “Deal Team”, which includes senior corporate bankers, by providing a broad range of support including financial statement and data analysis, financial modeling, credit analysis, industry research and assisting in the preparation of information memoranda and client pitch books.

• Loan portfolio management – Actively involved in the credit approval process, documentation and closing of loan transactions and on-going management of the loan portfolio. 

• Relationship building  Ì¶  Participate in cross-functional teams and liaise with other units of CIBC Capital Markets in executing mandates or preparing proposals for clients.

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.

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 work to recognize you in meaningful, personalized ways including a competitive compensation, a banking benefit*, wellbeing support, and additional offers such as employee and family assistance programs 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.

*Subject to 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.