Private Wealth Fee Specialist
Private Wealth Fee Specialist
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Job Description
Were building a relationshiporiented 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 Private Wealth Fee Specialist youll be responsible for managing and administering feerelated processes for highnetworth clients within the Private Wealth Management division. This role ensures the accurate calculation billing and reporting of fees in accordance with client agreements and regulatory standards. The ideal candidate will have a keen eye for detail strong analytical skills and a customercentric approach to supporting internal teams and highvalue clients.
How youll succeed
- Operational Excellence Youll ensure feerelated processes run smoothly by identifying and resolving client invoice discrepancies in a timely and professional manner. Youll update and maintain fee schedules manage invoice resolutions and collaborate closely with internal teams and custodians to support accurate billing and exceptional client service. Responsible for sending invoices to clients as needed.
- Process and Systems Mastery Become the goto expert for feerelated questions by mastering our internal systems and processes. You will also become the expert of BillerDirect and RevPort. Youll maintain accurate records of open resolution submissions (ORS) support fee loader file submissions and assist with determining accounts that require cash to be raised for quarterly billing. Youll also ensure new relationships are correctly set up and that account closings are billed accurately.
- Continuous Improvement Provide monthly ORS reporting to identify trends and support process enhancement initiatives. Youll proactively suggest improvements work efficiently with minimal direction and help build a culture of operational excellence.
Who you are
- You have a Bachelors degree in Accounting Finance or a related field.
- You bring At least two years of experience in financial servicespreferably in billing or operations.
- Youre a problemsolver. You dive into discrepancies and details uncover root causes and collaborate with others to find the right resolutions.
- You put our clients first. Youre committed to delivering timely and accurate solutions that support internal partners and ultimately enhance the client experience.
- Youre detailoriented and analytical. With your strong organizational skills and attention to detail you stay on top of deadlines and ensure precision in every step of the billing cycle.
- Youre collaborative. You build strong partnerships with client service teams relationship managers and internal operations to ensure cohesive and reliable outcomes.
- Youre driven and adaptable. You learn new systems quickly demonstrate initiative and apply your knowledge to evolving situations with confidence.
- Youre technically skilled. You have advanced Microsoft Excel skills and familiarity with financial or billing systems.
- You value growth. Youre eager to learn open to feedback and always looking for ways to improve processes and contribute to team success.
California residents your privacy rights regarding your actual or prospective employment
At CIBC we offer a competitive total rewards package. This role has an expected salary range of $70000 $80000 for the Chicago IL market based on experience qualifications and location of the position. The successful candidate may be eligible to participate in the relevant business units incentive compensation plan which also may include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employees needs; including Medical Dental Vision Health Savings Account Life Insurance Disability and Other Insurance Plans Paid Time Off (including Sick Leave Parental Leave and Vacation) Holidays and 401(k) in addition to other special perks reserved for our team members.
Candidates hired to work in other locations will be subject to the pay range associated with that location. Additional total compensation and benefits details will be provided during the hiring process.
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* a vacation offering wellbeing support and MomentMakers our social pointsbased 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
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 attributebased assessment and other skills tests (such as simulation coding MS Office). 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.
Job Location
IL 181 W MadisonEmployment Type
RegularWeekly Hours
40Skills
Active Listening Analytical Thinking Budget Preparation Client Service Customer Experience (CX) File Maintenance Interpersonal Communication Presentation PreparationsRequired Experience:
Unclear Seniority
Employment Type
Full-Time
