Job Information
CIBC Analyst, Global Investment Banking in New York, New York
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.com (https://www.cibc.com/en/about-cibc.html)
Who Are We
Founded in 1867, CIBC is a leading North American financial institution with total assets of $806 billion as of July 31, 2021. From Personal, Business and Commercial Banking to Wealth Management and Capital Markets businesses, CIBC’s 44,000 employees provide a full range of financial products and services to 10 million clients in Canada, the United States and around the world. CIBC’s goal is to deliver superior client experience and top-tier shareholder returns while maintaining the firm’s financial strength. To achieve this, CIBC is executing on 3 strategic priorities:
Focusing on key client segments to accelerate earnings growth
Simplifying and transforming to deliver a modern relationship-banking proposition
Advancing its purpose-driven culture
CIBC Capital Markets provides integrated global markets products and services, investment banking advisory and execution, corporate banking solutions, and top-ranked research to corporate, commercial, government and institutional clients around the world. CIBC Capital Markets’ goal is to deliver leading capital markets solutions to North American and international clients by providing best-in-class insight, advice and execution. To enable CIBC’s strategy and priorities, Capital Markets teams collaborate with partners across the bank to deepen and enhance client relationships. CIBC Capital Markets’ 3 key strategic priorities are:
Being the leading capital-markets platform in Canada for core clients
Building a North American client platform with global capabilities
Increasing connectivity across CIBC to deliver greater value and a better experience for clients
Business Unit Description
CIBC is a leading Canadian-based financial institution with over 45,000 employees globally and annual revenue in excess of $14 billion. CIBC World Markets is the Capital Markets arm of CIBC, which provides a wide range of investment banking, global markets, credit, and research products and services to government, institutional, corporate and retail clients in North America and in key markets around the world. CIBC World Markets employees work in highly disciplined cross-functional teams to leverage industry knowledge and deliver innovative capital solutions and advisory expertise across a wide range of sectors.
The Energy, Infrastructure, & Transition (“EIT”) practice provides investment banking services to targeted clients in the infrastructure, renewable and thermal power, utility, midstream, and upstream energy clients headquartered throughout North America, Europe, Latin America, Asia, and Australia. Our client-centric strategy leads with financial advisory and extends to the provision of financing (bond, institutional, and bank) and hedging products with our business partners throughout CIBC World Markets. EIT manages a market leading platform from our offices in New York, Houston, Toronto, Calgary, Vancouver and London.
We primarily support our clients through a variety of transactions including M&A (buy-side and sell-side), construction and term financings, refinancings, strategic advisory / alternatives mandates, capital structure advisory, and public-private partnerships. The team’s coverage mandate includes the following sectors, among others: airports, seaports, roads and bridges, light and heavy rail, educational facilities, hospitals, midstream energy, renewables (including solar, onshore wind, and offshore wind), battery storage, thermal power generation, regulated utilities, district energy, and water treatment assets. EIT is committed to supporting CIBC’s clients as they navigate the energy transition from carbon-intensive fuels to sustainable solutions, and impacts this transition will have on connected industries.
CIBC was named North American Financial Advisor of the year in 2019 by IJGlobal and is the leading North American Renewables M&A Advisor since 2017 by both gross deal value and number of transactions closed (per Inframation).
What You’ll Be Doing
The EIT Analyst will work with Managing Directors, Executive Directors, Directors, and Associates to continue to expand the presence of CIBC World Markets in the project finance, infrastructure and power markets. The Analyst will provide financial modeling, analytical, structuring, research and transaction support and will assist with the execution of transactions and advisory projects such as; mergers & acquisitions, divestitures, equity and debt financings, strategic advisory/alternatives projects and full capital structure solution projects. The Analyst will be expected to maintain an awareness of our clients, industry, regulatory issues and relevant economic/political trends. A team approach to executing coverage and financing assignments is designed to provide progressive on the job training.
How You’ll Succeed
Research and analyze information and draft infrastructure and power proposals in conjunction with Directors, Executive Directors and/or Managing Directors
Conduct financial analysis, both for existing clients and on new mandates/opportunities
Develop financial models, determining the assumptions and methodology
Liaise with other units of CIBC in preparing infrastructure, utility and renewable power reviews and proposals for clients’ financing needs
Prepare industry and financial analysis to determine the feasibility of potential financing and M&A transactions
Organize presentations to potential clients, assisting in the development of presentation information
Perform industry comparative analysis
Conduct industry research to help the group better understand developments in the infrastructure and power space
Who You Are
Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.
You can demonstrate experience with:
Successful candidates must exhibit CIBC’s values of trust, team work, and accountability
Relevant undergraduate degree (Business, Finance, Economics, Engineering or related discipline) preferred
An interest in the infrastructure, the energy transition, urban development, or other related sectors, along with a strong interest in and knowledge of financial markets
1-2 years of relevant experience in a banking, investment management or equivalent institution is highly advantageous
Strong technical, computational and quantitative skills
Excellent analytical ability including demonstrated knowledge of valuation techniques and practices
Excellent understanding of financial statements, credit analysis and accounting principles
Extremely dedicated and motivated individual with high career aspirations. Must be capable of assuming significantly increased levels of responsibility within short time frames
Excellent interpersonal, presentation, oral and written communication skills in order to convey complex factual and conceptual information to others and promote the interests of CIBC
Well-developed organizational and time management skills in order to respond to shifting priorities on several simultaneous projects
Demonstrated job commitment including a willingness to work, as well as personal flexibility and adaptability in order to meet client requirements
Proven ability to pay close attention to detail and multi-task under tight deadlines
Superior knowledge of the Microsoft Office suite (Word, PowerPoint, Excel) and the ability to quickly and independently learn a variety of industry software platforms
Series 7, 63 or 79 equivalent is advantageous
You embrace and champion change. You'll continuously evolve your thinking and the way you work in order to deliver your best.
Your influence makes an impact. You know that relationships and networks are essential to success. You inspire outcomes by making yourself heard.
You’re digitally savvy. You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends.
You're driven by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to create a shared vision.
At CIBC, we offer a competitive total rewards package. This role has an expected salary range of USD$115,000-135,000 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.
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-300 Madison Ave., 8th Floor
Employment Type
Regular
Weekly Hours
40
Skills
Analytical Thinking, Capital Markets, Financial Markets Analysis, Investment Banking, Investment Valuation, Mergers and Acquisitions (M&A), Research Analysis, Wealth Management, Work Collaboratively
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.