CIBC

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

Job Description

What you’ll be doing

CIBC’s Global Markets business focuses on delivering expert financial and economic analysis and savvy deal-making capabilities to clients in Canada and around the world. The Global Markets team supports fixed income, foreign exchange, commodities, derivatives, equities, and growth markets and is focused on building a strong, innovative relationship-oriented bank.

Within CIBC Global Markets, the Alternate Solutions Group (ASG) was launched in 2013 with a mandate to develop innovative and creative technology-driven capital markets solutions. This group is an unconventional capital markets organization that combines the innovative spirit and agility of a FinTech startup with the financial strength and strong governance protocol of a major financial institution. ASG has been recognized as a global leader in providing disruptive technological capital markets solutions in several product areas including Cross Border Payments, Dynamic Currency Conversion, Multi-currency pre-paid cards, Foreign Cash & Precious Metals Online and white labeling thereof. ASG’s client base stretches from some of the largest banks in the world, to corporates to CIBC’s retail clients.

We are hiring on the Multi-Currency Pricing (MCP) and DCC POS teams, two leading FX products in ASG. MCP and DCC POS are services that enable international cardholders to pay in their local currency in websites and Point-of-Sales terminals, respectively. These optional services provide foreign cardholders with the transparency of knowing exactly how much they will be debited.

At CIBC we enable the work environment most optimal for you to thrive in your role. To successfully perform the work, you’ll be on-site full-time.

Important information

• You are currently pursuing a undergraduate degree in business, STEM (Science, Technology, Engineering or Mathematics) or related field with a demonstrated record of academic excellence (preferred minimum 3.6 GPA), with a graduation date no earlier than April 2024.

• Please include your resume (no more than 2 pages), a cover letter (no more than 1 page), and your most recent unofficial transcript with your application.  These should all be uploaded into the Resume section of your application.

• Work Location: Toronto.

• Language requirements: Bilingual Spanish (native proficiency)/English 

• Duration of Work Term: 8 months (September 2023 – April 2024).

• Please note, applications are being reviewed on a rolling basis.

How you’ll succeed

We are looking for high-energy individuals with an entrepreneurial spirit, who will help us build our MCP & DCC POS business. You will operate in a fast-paced environment as part of a dynamic, hardworking, production-focused product team. Your key mandate will be to provide analytical and strategic support to the product team.

As a Spanish-speaking representative you will communicate, provide assistance, and support our Latin American portfolio. As a company that values diversity and inclusivity, we understand the importance of being able to effectively communicate with our clients in their native language. In this role, you will be responsible for establishing strong relationships with our institutional Latin American clients. Your ability to fluently speak Spanish and understand the culture will be essential in building trust and maintaining positive relationships.

Leveraging Analytical Skills

• Identify, analyze, and interpret patterns in complex data sets and provide recommendations on growth opportunities and business initiatives

• Monitor, track and analyze client portfolio performance and economic factors, on an ongoing basis throughout the day, including routine reporting, to be able to respond to client requests and address anomalies

• Conduct comprehensive research to assist in the identification and/or analysis of business trends and opportunities

Supporting our Client Relationships

• Work with Analysts, Associates and Directors to investigate, analyze and resolve issues impacting clients

• Periodically present to clients (in English and Spanish) to review product performance, technical projects, and value-adding initiatives

Supporting our Sales Pipeline

• Work closely with the distribution team to support sales cycle through the completion of client-facing presentations, analysis, and ad-hoc product expertise

Enhancing our Product and Processes

• Seek concrete and practical ways to enhance our product and overall value-proposition to our clients

• Understand and review our processes, identify areas for improvement, propose and execute productivity-enhancing solutions

Who you are

• You have demonstrated interest in Capital Markets. You’ve built a strong knowledge of Capital Markets, FinTech and the financial services industries which allows you to analyze complex issues and identify & develop innovative opportunities.

• You're fluent in Spanish (native proficiency).

• 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’re digitally savvy. You are proficient in MS-office suite of tools (Word, PowerPoint, Excel, etc.), and are able to use them for financial modeling, presentations and technical project documentation.  Knowledge in Python, VBA, Power Query and other data analysis tools is considered an asset.

• You're passionate about people. You find meaning in relationships, and surround yourself with a diverse network of partners. You build trust through respect and authenticity.

• You're motivated by collective success. You know that teamwork can transform a good idea into a great one. You know that an inclusive team that enjoys working together can bring a 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 aspire to give you a career, rather than just a paycheck. 

• 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. 

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.