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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 CIBC.com
Associate, Strategic Initiatives & Balance Sheet Optimization, Corporate Banking
What you'll be doing:
Corporate Banking is seeking a high-performing Associate to join a dynamic team supporting both Strategic Initiatives and Balance Sheet & Credit Portfolio Optimization. Reporting jointly to the Managing Director & Head, Strategic Initiatives and the Managing Director, Balance Sheet & Credit Portfolio Optimization, this role offers a unique opportunity to work on many of the business's most important growth, transformation and optimization initiatives. As an Associate, you'll help drive strategic projects, support execution of balance sheet optimization programs, develop management reporting and analytics, and work with senior leaders across Corporate Banking, Investment Banking, Treasury, Finance, Risk, Operations and Technology. This is an ideal role for a candidate who enjoys giving meaning to data, solving complex business problems, working across multiple stakeholders, and translating ideas into execution.
How you'll succeed:
- Strategic Initiatives - Support the development and execution of priority initiatives across Corporate Banking, including business transformation and operating model improvements, management reporting and performance management enhancements, AI and technology-enabled productivity initiatives, process redesign and automation opportunities, strategic growth and business development initiatives, and executive presentations, briefing notes and governance materials. You'll help move initiatives from concept to implementation, coordinating stakeholders, tracking progress and ensuring key priorities remain on track.
- Balance Sheet & Credit Portfolio Optimization - Support the design and execution of strategies intended to improve capital efficiency, portfolio performance and balance sheet utilization, including loan distribution strategies, forward flow and risk-sharing arrangements, secondary loan sales, credit portfolio optimization initiatives, risk transfer solutions, private credit and institutional investor partnerships, and portfolio analytics and business case development. The role will involve evaluating opportunities, preparing analysis and supporting discussions with internal and external stakeholders.
- Analytics & Decision Support - Perform financial, portfolio and strategic analysis, build management reports, dashboards and executive materials, develop business cases and recommendations for senior management, monitor initiative performance and track key outcomes, and synthesize large volumes of information into concise, actionable insights.
- Project Management & Coordination - Coordinate work across Treasury, Finance, Risk, Legal, Operations and Technology, manage action plans, timelines, dependencies and deliverables, support working groups, steering committees and executive forums, and identify and escalate risks, issues and decision points.
Who you are:
- You have relevant experience.
- 2-5 years of experience in Corporate Banking, Investment Banking, Treasury, Capital Markets, Strategy, Management Consulting, or Corporate Finance.
- Experience in corporate lending, portfolio management or capital markets.
- Degree/diploma in Business, Commerce, Economics, Finance, Engineering, or a related discipline. It's an asset if you have completed a credit training program, hold or are working toward a CFA, CPA, or MBA designation.
- You give meaning to data.
- Strong analytical and problem-solving capabilities
- Demonstrated experience in advanced Excel, PowerPoint, financial analysis, and data analytics.
- Experience building and analyzing financial models, AI or business intelligence tools.
- You know that details matter.
- Strong attention to detail and ability to manage multiple priorities
- Ability to deliver quality work in a fast-paced environment.
- Your influence makes a difference.
- Excellent written and verbal communication skills.
- Cross-functional communication is a strength
- Highly self-motivated, proactive and accountable, particularly in ambiguous environments.
- Values matter to you. You bring your real self to work, and you live our values - trust, teamwork, and accountability.
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At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $150,000-$185,000 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 unit’s incentive compensation plan, which also may include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employee’s 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.
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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*, 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 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.
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-New York, 300 Madison Ave Fl 8
Employment Type
Regular
Weekly Hours
40
Skills
Analytical Thinking, Analytics, Business Development, Credit Risk Management, Customer Experience (CX), Financial Analysis, Financial Modeling, Financial Statement Analysis, High Net Worth Individuals, Portfolio Management, Researching