Payments, Alternate Solutions Group, Summer 2027 Analyst
Job Summary
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
Join the Alternate Solutions Group (ASG) as a Student Analyst and make a real difference for our clients. Founded in 2013 ASG is an innovative team within the Payments division of CIBC Capital Markets focused on developing technology-driven solutions across foreign exchange payments and money movement. We combine the entrepreneurial mindset and agility of a FinTech with the scale expertise and governance of a leading global financial institution.
You will be part of a team focused on developing market-leading foreign exchange and cross-border payment solutions that help clients move money globally efficiently and securely. Working alongside experienced professionals you will support product development business strategy and client engagement initiatives across a diverse client base including financial institutions corporations public sector organizations and CIBCs retail banking network.
You will be placed in our Global Payment Services (GPS) team where you will focus on product development performance analysis project execution and improving ASGs product capabilities. Throughout your term you will work closely with s
takeholders across Capital Markets Payments Technology and Operations while contributing to meaningful projects that support ASGs strategic growth objectives.
At CIBC we enable the work environment most optimal for you to thrive in your role. To successfully perform the work youll be on-site full-time.
The expected annualized base salary for this role is $100000
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.
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.
Important information
- You are enrolled in an undergraduate degree in Commerce Economics STEM (Science Technology Engineering or Mathematics) or related program at the time of the internship with a graduation date no earlier than December 2027.
- Candidates with a technical undergraduate degree (e.g. Mathematics Engineering Computer Science etc.) are highly valued as well as those with strong analytical skills and relevant experience from non-STEM backgrounds.
- 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 in one single document.
- Location: Toronto.
- Duration of Work Term: 4 months (May 2027 August 2027). Applications are reviewed on a rolling basis; we encourage you to apply as soon as possible.
How youll 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.
- 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 in a simplified way.
- 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.
- 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. Youve 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. Youre confident in your ability to communicate detailed information in an impactful way.
- Youre digitally savvy. You are proficient in MS-office suite of tools (Excel PowerPoint Word etc.) and are able to use them for financial modeling presentations and technical project documentation.
- Youre passionate about staying up-to-date with emerging technologies. Experience with Salesforce Python Power BI and courses in Artificial Intelligence are preferred.
- Youre 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 dont. 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
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.
Expected End Date
Job Location
Toronto-141 Bay 11th FloorEmployment Type
Temporary (Fixed Term)Weekly Hours
37.5Skills
Business Financial Markets InvestigatingRequired Experience:
IC