CIBC

Job Description

What you’ll be doing

Join the Alternate Solutions Group (ASG) as a Winter Analyst Co-op and make a real difference for our clients. Within CIBC Global Markets, 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.

You’ll be part of the team that focuses on understanding the FinTech industry & disruptive technologies that are revolutionizing traditional banking products and services with a particular focus on FX & payments. You’ll have an opportunity to support the ASG team with product development along with sales and marketing of International Remittances, Global Mass Payouts and FX Prepaid Card products in CIBC’s Retail Channels and global white-label clients.

You may also have the opportunity to work with ASG leadership to increase Profit and Loss (PnL) and productivity and be measured on your ability to both expand product capability, distribution and grow PnL. You’ll have the chance to work closely with product heads to develop appropriate solutions with timely execution, monitor and analyze market activities & economic factors on an ongoing basis throughout the day to be able to respond to client requests.

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 Computer Science, Engineering, Math, Business, Commerce or a related field, with a graduation date no earlier than August 2024.

• Applications should include your resume (no more than 2 pages), cover letter (no more than 1 page) and an unofficial transcript all uploaded to the Resume/cv section of the application. Please indicate your expected graduation date on your resume.

• Work Location: Toronto.

• Duration of Work Term: 4 months (January 2024 – April 2024).

• Applications are being reviewed on a rolling basis, we encourage you to apply as soon as possible.

How you’ll succeed

• Passion for financial markets – Demonstrate strong technical, quantitative, and analytical skills, with keen interest in the financial markets and proven record of academic success, teamwork and extracurricular involvement.

• Business analysis - Formulate solution scope and objectives to meet the business need and validate requirements, testing, training and implementation of applications.

• Project management – Ensure execution of project control procedures and policies within a number of unrelated large projects.

• Communication – Partner with your team to make an impact by applying a technical skillset to help generate insights and/or optimize processes. Showcase highly effective written, oral and presentation skills with an ability to explain complex concepts.

• Reporting, analytics and research - Analyze business opportunities and present recommendations to address through analysis, reporting and research.

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, with a focus on FX & payments.

• 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.

• 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 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.