At a Glance
- Tasks: Join a dynamic team to support businesses with tailored financial solutions and relationship management.
- Company: CIBC, a modern, relationship-oriented bank focused on client success.
- Benefits: Competitive salary, banking perks, wellness support, and opportunities for personal growth.
- Other info: Hands-on training and mentorship to help you thrive in your role.
- Why this job: Make a real impact in the community while developing your career in commercial banking.
- Qualifications: Final-year student in Business, Finance, or Accounting with strong analytical skills.
The predicted salary is between 90000 - 110000 $ per year.
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.
When you become a Commercial Banking Associate, you will be joining a team that for more than a century has been helping businesses reach their full potential. Through a structured and comprehensive training program that includes classroom and on-the-job training, you will have the opportunity to learn how to deliver flexible business solutions and provide dedicated and timely business expertise to help clients realize their goals. The Commercial Banking team supports our account teams through client acquisition, relationship management as well as transactional support for client-specific financing solutions.
As an associate on the team, you will have an opportunity to learn the products, processes, networks and functions to enable and equip you to eventually progress to the Relationship Manager role and oversee your own portfolio of clients. You will be assisting our Commercial Banking Managers with their existing client relationships as well as new financing transactions by providing quality financial and industry analysis as part of the deal team. You will also participate in all activities through the sales cycle in order to prepare you for the Relationship Manager role.
You’ll have a chance to assist with business development initiatives with a focus on meeting growth targets. This means that you will work in identifying business opportunities and financing solutions to meet the needs of the client. You’ll begin your journey with Orientation Activities to help you get acclimated to the team and role and will equip you with the skills and knowledge to provide the best possible experience to CIBC clients.
As an Associate you’ll complete a number of training sessions related directly to the role including credit structuring, risk assessment, and cash management. You will have ongoing coaching and mentoring by your leaders and will be supported by a Program Manager who will lead virtual learning sessions, host touchpoints and guide Associates through this structured program. You’ll have an opportunity to develop a number of soft skills including business development, negotiation and networking.
Important information:
- You must be in your final year of post-secondary education pursuing a degree in Business, Finance, Accounting, or related fields with an expected graduation date before May 31st, 2027.
- Applications should include your resume (no more than 2 pages) and cover letter (no more than 1 page) and academic transcript uploaded as 1 document to the “Resume/CV section” of the application.
- Work location: British Columbia and other surrounding locations. Exact city of work location will be confirmed later during the interview process taking into account the selected candidates’ preference. Mobility is an asset.
- Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.
How you’ll succeed:
- Client Engagement: Connect on a personal level to make every interaction meaningful. Enhance relationships by collaborating with your team and providing administrative support to ensure client needs are met.
- Relationship Building: Heighten CIBC brand awareness in your community by attending local events and participating in marketing and outreach activities.
- Research & Evaluation: Assist in evaluating business growth opportunities through comprehensive industry, client and prospect research.
- Innovation: Make an impact by assisting in problem solving and finding solutions.
Who you are:
- You can demonstrate experience in the field.
- You understand financial statements and accounting principles including valuation techniques and cash flow analysis.
- You enjoy analyzing business growth opportunities through comprehensive industry, client and prospect research.
- You’re passionate about people and enjoy building relationships.
- You’re a skilled communicator (written and spoken).
- You’re motivated by collective success and enjoy collaborating with a team.
- You consistently put the client first by proactively assessing your clients’ needs.
- You’re goal oriented and focused on meeting your goals.
- You live your values and bring high standards to your relationships.
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, defined benefit pension plan, an employee share purchase plan, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program.
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.
CIBC is committed to clarity in our hiring process. All roles posted are opportunities we’re actively recruiting for, unless stated otherwise. 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.
Associate, Commercial Banking Associate Program – New Undergraduates in Burnaby employer: CIBC
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