Toronto, ON, Canada
1 day ago
Associate, Commercial Banking (Public Sector and Not-For-Profit)

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

What you’ll be doing

For more than a century, CIBC Commercial Banking has been helping organizations reach their full potential. As an Associate, Commercial Banking, Public Sector and Not-for-Profit Group, you can begin preparing to build a challenging and rewarding career as a world-class Commercial Banker and strategic partner to some of Canada’s leading public sector and not-for-profit organizations.

Commercial Banking’s Public Sector and Not-for-Profit Group is a specialized team of professionals dedicated to providing comprehensive financial solutions to public sector entities and not-for-profit organizations. With offices in Toronto, London, Hamilton, Barrie and Ottawa, the team is a leading provider of credit, cash management and other banking services to the Ontario public and not-for-profit sector. Our clients include hospitals, universities, colleges, school boards, municipalities, government agencies, local distribution companies, charities and not-for-profit organizations.

As an Associate, you will join CIBC’s Public Sector and Not-for-Profit Group to provide support to account teams through client acquisition, relationship management and credit management processes as well as providing transactional support for client specific financing solutions.  

This is a development role for the Commercial Banking Line of Business providing an opportunity to learn the products, processes, networks and functions to enable and equip the candidate to eventually progress to the Relationship Manager role.

At CIBC we enable the work environment most optimal for you to thrive in your role. You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 2-3 days per week on-site, while other days will be remote.

How You’ll Succeed

Business development support – Assist Relationship Managers, Commercial Banking in coordinating activities through the sales cycle and liaising with other units of CIBC as necessary. Assist with the execution of business development initiatives and contribute to the achievement of growth targets by identifying business opportunities and developing financing solutions to meet the needs of the client.Research & evaluation – Assist in evaluating business growth opportunities through comprehensive industry, client and prospect research. Prepare analyses in support of credit submissions including structuring and documentation.Client experience - Proactively assess your clients’ needs and propose solutions to meet those needs. Interact with assigned clients to facilitate prompt responses to questions, enquiries or issues in order to provide “best in class” service. Apply acquired industry/company knowledge to the development of client/prospect proposals for financial and strategic solutions to meet client needs.

Who You Are

You have a Degree in Business, Finance, Accounting, or related field.You have 1-3 years of lending experience.You have a solid understanding of financial statements and accounting principles including valuation techniques and cash flow analysis. Knowledge of commercial banking products and service offerings is an asset.You are a team player and have the ability to work well within a group setting. Must have the ability to work on teams that generate ideas and implement solutions for clients.You put our clients first. You have strong client and relationship management skills. You engage with purpose to find the right solutions.You're driven to succeed. You are motivated by accomplishing your goals and delivering your best to make an impact. You have strong client and relationship management skills, and can demonstrate an aptitude for business development (sales) skills.Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.

#LI-TA

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.

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, French proficiency, 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

Toronto-81 Bay, 10th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Business Banking, Business Development, Business Opportunities, Client Service, Customer Experience (CX), Lending, Portfolio Management
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