Senior Analyst, Team Rewards

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

Total Rewards delivers competitive, strategically aligned programs that attract, reward and inspire our employees. Our team achieves this through the design, implementation and delivery of compensation, benefits, and retirement/savings plans and by providing people analytics insights that inform our bank's people practices, programs and processes. As a Senior Analyst, Team Rewards, you will support the Enterprise Total Rewards team by completing analysis and developing recommendations related to new or modified compensation programs and practices that support business goals and market competitive practices.  You will also prepare and maintain reports, summaries, and program documentation, facilitate meetings and manage centralized mailboxes.

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 1-3 days per week on-site, while other days will be remote.

How you’ll succeed

• Compensation Analysis – Conduct quantitative and qualitative analyses of compensation programs to ensure they are competitive, equitable, cost-effective, and aligned with CIBC’s strategy. This includes evaluating trends, modeling financial impacts, and documenting insights and recommendations for business leaders.
• Communication – Prepare and maintain clear, concise reports, summaries, presentation materials and program documentation. Facilitate meetings, manage centralized mailboxes, and foster strong relationships with internal partners through collaborative and responsive communication.
• Data Integrity – Monitor and address data integrity issues by reviewing regular reports and ensuring accuracy in compensation-related data. 
• Market Research – Perform internal and external market research by analyzing compensation survey results and conducting ad-hoc studies to provide actionable insights. 
• Technical Advice – Support HR Business Partners and Total Rewards Partners by provide guidance on pay decisions, policy interpretation, regulatory compensation requirements (e.g., Pay Equity) and year-end compensation processes.
• Project Participation – Contribute to enterprise-wide compensation initiatives by analyzing data, preparing documentation, and coordinating deliverables with internal stakeholders.

Who you are

• You excel at making sense of data. You enjoy solving complex problems and presenting detailed information in a clear and impactful way. 
• You have a keen eye for detail. Your critical thinking skills and ability to notice what others might miss help you make informed decisions. 
• You thrive in collaborative environments. You believe in the power of teamwork to transform good ideas into great outcomes and value working with inclusive, supportive teams. 
• You are a lifelong learner. You’re passionate about growing your knowledge and continuously improving your skills. 
• You have hands-on experience with Microsoft Excel, including VLOOKUP and Pivot Tables, and familiarity with other Microsoft Office tools. Experience with MS Access is an asset. 
• You are a strong communicator. You can clearly articulate ideas, findings, and recommendations through both verbal and written communication. 
• You live your values. 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

• 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-81 Bay, 34th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Business Objectives, Communication, Compensation Plans, Long Term Planning, Personal Initiative, Reporting and Analysis, Rewards Programs