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 Senior Financial Analyst position within the Financial Planning & Analysis group will be member of the consolidation team. This role supports the US Strategic Business Unit (SBU) consolidated views of forecasting, reporting, capital planning, RWA analysis, as well as SBU investor and shareholder reporting and Board reporting.
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 at least 3 days per week on-site in our Chicago office, while other days will be remote.
How you'll succeed
Reporting & Analysis
Preparation of the quarterly SBU financial reports, Board reports and analyses for Investor relations
Provide insightful analysis that identifies the business drivers during the quarter and “tells the story” of the financials
Collaborate with the broader team to produce in-depth analysis of expenses. Become the expense SME of the team
Assist with creation of quarterly earnings memo
Review competitor results to identify industry trends and benchmark company performance
Forecasting and Planning
Monitor on-going business activities for considerations that could result in potential impact to planning & forecasting deliverables, and where applicable communicate these changes to the VP, Financial Planning & Analysis, US Region
Prepare executive level presentations summarizing SBU forecasts with targeted financial information, interpretation and analysis to the CFO, US Region
Own certain top of the house forecasting activities
Develop relationships within the global finance team to gather and understand inputs into the forecast.
Ad Hoc Analysis
Assist in ad hoc requests from various stakeholders including but not limited to senior finance managers, Investor Relations, Corporate Treasury, Risk functions, etc.
Who you are
You are knowledgeable in MS Excel (lookups, pivot tables and data manipulation)
You can prepare executive level PowerPoint presentations to “tell the story” of the financials and the business
You have Essbase experience with business intelligence tools such as Tableau, or Power BI though not required
You understand banking basics, understand a Bank’s balance sheet and P&L
You are a self-starter with the ability to work independently
You possess 5+ years of experience, including Financial Planning or Financial Reporting, preferably in banking industry
You can prioritize and manage multiple requests, frequently working under tight time constraints
Due to the nature of financial reporting, during quarter end reporting cycles, occasional weekend work may be required. Employees receive floating vacation days when weekend work is conducted. Candidates need to be comfortable with such an arrangement.
At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $95,000 - $115,000K for the Chicago, IL 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 may also 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.
This position does not offer visa sponsorship.
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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*, 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
IL-120 S LaSalle StEmployment Type
RegularWeekly Hours
40Skills
Accounting, Analytical Thinking, Communication, Deposit Products, Expense Forecasting, Financial Reporting and Analysis, Lending Products, Market Analysis, Process Improvements