Associate, Non-Banking Financials, Corporate Banking

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profile Job Location:

New York City, NY - USA

profile Monthly Salary: $ 150000 - 185000
Posted on: 17 hours ago
Vacancies: 1 Vacancy

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

The Associate Financial Institutions: Insurance Specialty Finance & Asset Managers will sit within US Corporate Bankings Financial Institutions Group and report to the senior coverage bankers.

In this role the Associate will be responsible for deal execution credit underwriting maintaining existing credit relationships and supporting senior coverage bankers for client engagement. The Associate will cover a diversified portfolio of FIG Clients with an emphasis on Insurance sectors and Specialty Finance. This role requires maintaining an awareness of the client company and industry as well as regulatory issues relevant economic and political trends and client needs in order to tailor coverage and financing solutions.

What Youll Be Doing:

  • As a key member of the team the Associate will assist in developing and advancing the US Financial Institution Groups strategy in alignment with CIBCs overall strategic objectives for growing the Capital Markets business

  • Managing the deal execution process and supporting senior bankers in client coverage

  • Support and lead where appropriate engagement for developing and cultivating new client relationships in order to expand CIBCs US Financial Institutions brand and franchise

How Youll Succeed:

CIBC is committed to bringing a technically strong commercially astute and culturally aligned banker who will help support CIBCs Financial Institutions franchise. The role is commercially hands-on and requires strong credit underwriting and communication skills and industry engagement to support client relationship development.

Who You Are:

  • With a minimum 3 years experience a demonstrated knowledge within the Financial Institutions sector and understanding of the relevant core banking products for Financial Institution clients (Corporate Finance Hedging Trade Finance Debt Capital Markets Equity Capital Markets Global Markets products etc.)

  • Well-developed organizational skills and attention to detail in order to respond to shifting priorities on several simultaneous projects

  • Strong skills in corporate finance credit underwriting and analysis and ability to manage deal processes and engagement with risk legal and other deal support providers.

  • Strong Microsoft Office Suite (Excel / PowerPoint) skills with the ability to lead the production of supporting materials with a high attention to detail (pitch decks internal presentations deal related committees etc.).

  • Ability to work independently and proactively within a fast paced environment and collaborate with senior partners across Capital Markets.

  • Candidate will have proven ability to engage with business leadership and stakeholders in credit risk management to appropriately evaluate risks and provide insight on mitigating those risks.

  • Liaises with other CIBC units and relationship stakeholders within CIBC Capital Markets and across the broader CIBC platform.

  • Highly effective team player both functionally and regionally and able to work well in a matrix structure and with cross-border stakeholders.

  • Maintain or obtain within 90 days of hire: FINRA Series 79 63 and SIE registrations

  • Values matter to you. You bring your real self to work and you live our values trust teamwork and accountability.

#LI-TA

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At CIBC we offer a competitive total rewards package. This role has an expected salary range of $150000-$185000 for the New York NY 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 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

  • 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 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

NY-300 Madison Ave. 8th Floor

Employment Type

Regular

Weekly Hours

40

Skills

Analytical Thinking Business Business Development Capital Markets Client Relations Credit Risk Management Customer Experience (CX) Finance Financial Modeling Financial Statement Analysis High Net Worth Individuals Portfolio Management Researching

Required Experience:

IC

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 meaningf...
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