Analyst, CIT, Corporate Banking
CIBC - new york city, NY
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We're building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what's 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 ( CIBC's Corporate Banking team provides coverage, advisory and solutions to a growing client base of international corporations, financial institutions and public sector entities across the US and Canada. The team is responsible for client relationship management by supporting client needs with a range of capital markets and lending capabilities while working alongside advisory and product partners. US Consumer, Industrial and Technology, Media & Telecom ("CIT") is seeking an Analyst to join its growing team in New York to support the Bank's continued expansion in the US and the CIT verticals. The team represents a core growth avenue for CIBC, having added multiple senior hires over the past two years as the firm looks to leverage core competencies and build a long-term US client base in each of the verticals. Job Summary: US CIT Analysts are directly involved in the design, origination, structuring and execution of global products and services for existing and prospective clients across the various verticals. The CIT Analyst is expected to work very closely with other members of the coverage team and partners in a collaborative environment to provide value-add insights for clients on mergers and acquisitions, capital solutions, and lending products. An Analyst will also provide corporate credit analysis and manage the credit relationship for clients in the portfolio by regularly assessing the company, industry, and other relevant trends. Analysts are assigned to a variety of projects and are given a broad range of responsibilities, some of which include: Draft and prepare pitch books with detailed industry materials and comprehensive corporate finance analyses Perform financial modeling, valuation, comparable and relative value analyses Facilitate collaborative idea generation and solution development for clients Assist in the development and continued cultivation of client relationships Ability to effectively aggregate and synthesize data from a variety of platforms Liaise with internal partners to support existing and new client relationships Support the ongoing monitoring of credit relationships by conducting credit analysis and preparing credit reviews Present credit requests to senior management as part of business evaluations Qualifications: Bachelor's degree and at least 1 year of relevant work experience; exposure to S&P Capital IQ, FactSet and / or Bloomberg is a plus Exceptional communication skills Strong analytical capabilities with experience performing financial analyses in Excel Fundamental understanding of key accounting and credit concepts Ability to think commercially about the needs of the client Team-oriented and proven ability to work with different stakeholders to solve problems Proficient with the Microsoft suite of products (e.g., PowerPoint, Word, Excel, OneDrive) We offer a competitive total rewards package, with this role having an expected salary range for the Analyst II - Analyst III position of $125,000 - $135,000 for the New York market based on experience and qualifications. 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 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 Development, Credit Risk Management, Customer Experience (CX), Financial Modeling, Financial Statement Analysis, High Net Worth Individuals, Portfolio Management, Researching At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability. Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel. Every day, our 44,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.
Created: 2024-11-05