Executive Director, Economics

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
 

The Executive Director, Economics is responsible for undertaking economic analysis and forecasts with a focus on their implications for financial markets, and delivering our findings to external and internal clients in written reports, presentations, conference speeches and media appearances. Reporting to the Chief Economist, this position works closely with other members of CIBC’s award-winning economic team, as well as with those in allied research groups, including equity research and our fixed income and foreign exchange strategists. Clients for our economics research and forecasts include portfolio managers, corporate executives, government finance ministers, and CIBC’s senior management.

At CIBC we enable the work environment most optimal for you to thrive in your role. To successfully perform the work, you’ll be on-site full-time.

The expected annualized base salary range for this role is $175,000.00. In addition to base pay, compensation for this role includes participation in an annual discretionary incentive or bonus program, which can represent a significant share of total compensation for candidates who demonstrate strong performance in the role.

The base salary is determined by a variety of factors, including the candidate’s skills, experience, and job-related knowledge, as well as geographic location and specific business needs. Our compensation philosophy supports ongoing growth and development, enabling progression within the total compensation range as team members advance in their roles.
 

How You’ll Succeed

• Presentation – Deliver presentations on economic issues to external audiences, including institutional clients and participants at CIBC conferences. Present to CIBC executives and officers on the economic outlook and its implications for capital markets, such as interest rates, exchange rates, equity markets, and credit conditions.
• Monitor and Deliver – Monitor, analyze, and prepare forecasts for the Canadian, U.S., and global economies, as well as federal and provincial fiscal outlooks and capital markets. Oversee thematic research and develop tactical trade ideas for institutional clients and CIBC’s sales and trading teams. Manage the release of CIBC Economics research in collaboration with Communications and Public Affairs. Prepare and deliver speeches and presentations for associations, trade groups, and client organizations - such as the Toronto Real Estate Forum and the Society of Financial Analysts - typically at the request of a CIBC account representative.
• Collaboration – Contribute to and manage the writing of key economics research publications, such as Economic Insights, Forecast, Provincial Budget Briefs, The Week Ahead, and In Focus. Support other CIBC publications, including those from equity research, fixed income strategy, and retail banking. Liaise with teams across CIBC, such as Corporate Communications, to enhance the Bank’s public relations efforts. Assist in briefing senior executives for presentations and external meetings, in partnership with Government Relations.

Who You Are

• Please include a cover letter with your application. This will help us learn more about your experience and your interest in joining CIBC.
• You can demonstrate advanced knowledge of Economics generally attained at post-graduate level, and an excellent general knowledge of current economic issues.
• You have 5-7+ years of experience in an economics research role. Candidates with fewer years of relevant experience may be considered for a Director-level position.
• You have exceptional communication skills. You’re comfortable delivering both formal and impromptu presentations, and you excel in leading in-depth discussions and complex debates to support accurate forecasting. Your strong written communication skills include the ability to edit technical material, which is essential for producing clear and effective reports.
• You have a solid understanding of CIBC and the banking sector. You’re able to interpret economic and political developments, assessing their potential impact on the Bank. You also consider the sensitivity of various issues and communications, ensuring CIBC’s public image is protected when participating in press interviews or reviewing written publications.
• Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.
   

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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*, 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

• 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.

• We may ask you to complete an attribute-based assessment and other skills test (such as simulation, coding, French proficiency).

• We use artificial intelligence tools during the recruitment process. 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-161 Bay St., 4th

Employment Type

Regular

Weekly Hours

37.5

Skills

Analytical Thinking, Economic Analysis, Economic Forecasting, Group Problem Solving, People Management, Researching, Work Collaboratively