Analyst, Compensation Administration

Were building a relationship-oriented bank for the modern world. We need talented passionate professionals who are dedicated to doing whats 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

What youll be doing

As a member of the Compensation team youll be responsible for reconciliation & administering pay adjustments investigating discrepancies and resolving any compensation related inquiries as part of a team. Youll apply basic theories to identify root causes and proactively work with key players to implement process improvements and resolve discrepancies. As an Analyst you will use your judgement regarding priorities and approaches to prepare monthly reports conduct analysis/reconciliation track exceptions and manage commission data. The role collaborates to contribute useful ideas on enhancing operational efficiency & accuracy and works closely with internal and external business partners to provide support and respond to inquiries

At CIBC we enable the work environment most optimal for you to thrive in your role. Youll have the flexibility to manage your work activities within a hybrid work arrangement where youll spend 1-3 days per week on-site while other days will be remote.

The expected annualized base salary range for this role is $56500 to $70700.

The base salary is determined by a variety of factors including the candidates skills experience and job-related knowledge as well as geographic location and specific business needs. Our compensation philosophy supports ongoing growth and development enabling progression within the salary range as team members advance in their roles.

In addition to base pay compensation for this roleincludes participation in an annual discretionary incentive orbonus program.

We are committed to providing fair equitable and competitive compensation opportunities for all employees and we encourage open conversations about compensation throughout the recruitment process.

How youll succeed

• Streamline Processes and Support Commission Operations Assist the Compensation coordinator in optimizing and streamlining workflows. Provide guidance on complex issues manage escalations and support the resolution of commission-related challenges. Drive process improvements and ensure seamless backup support for commission processing and accounting functions within the team.
• Compliance of Procedures and Controls The role involves reconciling investigating and validating commission payouts preparing financial journals and producing moderately complex reports attestations and issue resolutions. It also includes supporting audit processes ensuring compliance with SOX controls Industry Licensing Standards and assisting in maintaining the Disaster Recovery Plan.
• Participate in Projects and Cross-Functional Relationships Act as a partner in projects run by internal/external partners and/ or vendors to assist investigation and any commission related issues. Collaborate with BFS (Broadridge)/ Centralizes on scheduled system enhancements and review UAT testing results in coordination with the process coordinator.
• Data Management - You have strong spreadsheet and understanding of databases and data management skills (Microsoft excel and Microsoft Access). You enjoy investigating and making sense of information. Youre confident in your ability to communicate detailed information in an impactful way.

Who you are

• Your influence makes an impact. You know that relationships and networks are essential to success. You inspire outcomes by making yourself heard.
• You understand the success is in the details. You notice things that others dont. Your critical thinking skills help to inform your decision making.
• Youre 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 can demonstrate experience in commission processing and/or handling complex reconciliations. You have knowledge of General Ledger accounts and familiarity with accounting practices processes & terminology and a broad understanding of CIBC products and policies. It is an asset if you have specialized knowledge of Broadridge Centralize and SAP.
• Values matter to you. You bring your real self to work and you live our values trust teamwork and accountability.

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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* defined benefit pension plan* an employee share purchase plan 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

• CIBC is committed to clarity in our hiring process. All roles posted are opportunities were actively recruiting for unless stated otherwise.

• 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 test (such as simulation coding French proficiency).

• We use artificial intelligence tools during the recruitment process. 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.

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