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

Business Unit Description

The US Capital Markets Business Management group provides direct day-to-day support and coverage for CIBC’s US Capital Markets business. The group’s primary role is to assist in achieving the mandate to be a premier client-focused global bank.  The US Capital Markets Business Management group serves as the primary liaison between the Capital Markets business and their supporting infrastructure groups as well as their internal and external vendors, brokers and suppliers. The US Capital Markets Business Management also strives to ensure a sound control environment and provides sound advice in support of business strategy.

Job Purpose

To serve as an extension of the Corporate and Investment Banking revenue generating business team(s) we support by providing a strong level of support across several facets including but not limited to; new business initiatives, management reporting, governance and controls and internal audit/deficiency remediations.

What You’ll Be Doing

New Business Initiatives

Works with business sponsor to drive work effort

Takes ownership of CIBC’s Change Initiative Risk Assessment “CIRA” process:

Manages and drives product/strategy expansions in support of US strategic growth plans; coordinate and draft project plans and business requirements for new initiatives

Manages overall effort and establishes individual workstreams responsible for certain deliverables

Governance and Controls

Acts as the first line of defense for business

Engages with Enterprise Risk to deliver on Risk Appetite Statement and Product Risk Statement work

Establishes business operating procedures as related to regulatory findings

Coordinates and contributes to responses of various internal and external auditor / regulator requests, findings and reports; remains apprised of the ever changing and applicable regulations and laws; ensures regulatory requirements and CIBC policies are understood, implemented and monitored successfully.

Internal audits and controls testing point person

Manages an effective and documented internal control structure is in place, as evidenced through updates and maintenance of policies and procedures as well as adherence to, and successful testing of, internal controls and logical access reviews; maintain, support and enhance the information risk policies, standards, guidelines, processes and metrics

Management Reporting

Ad-hoc analyses in support of the businesses we support inclusive of requests from Business Head(s) and Capital Markets Head:

Revenue generation

Governance

Strategy

Regulatory

Relationship Management

Effectively manages juniors on team

Responsive and accessible to the business throughout the day

Builds and maintains working relationships with stakeholders across the different businesses our team supports  including up to Senior Management levels

Prioritizes, directs and implements assignments / projects / initiatives, and resolve issues / problems to ensure front office staff can focus on the specialized roles for which they have been employed

Partners with infrastructure groups on both internal and external facing initiatives on behalf of the business

At CIBC we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.

Who You Are

Direct experience working with Corporate Banking/Institutional Lending, preferably in a COO/Business Manager capacity

Knowledge of Investment Banking business a plus

Ability to execute tasks under aggressive targets and effectively manage to changes in plan

Highly motivated, self-starter; able to work in a fast paced, results driven environment, with limited management oversight

Strong interpersonal, written, verbal and presentation skills

Ability to articulate complex issues concisely and communicate effective and comfortably with senior people; excellent relationship building and stakeholder management skills

Strong knowledge of Microsoft applications (i.e., Microsoft Office, including PowerPoint, Excel, Visio)

10+ years of demonstrated experience in Capital Markets

Experience working in the financial services industry, or accounting, consulting and finance backgrounds preferred

Master’s degree in relevant field

Values matter to you. You bring your real self to work and you live our values – trust, teamwork, and accountability.

Cross-Functional Relationships (Legal, Compliance, External, etc.):

This role collaborates with peers from Business Management Groups across various regions (i.e., US, Canada, Europe, Asia) as well as with other Capital Markets infrastructure and support groups to identify, support and resolve business functions, issues and needs.  These groups include but are not limited to:

Legal

Compliance

Finance

Taxation

Technology

Human Resources

Treasury

Operations

Risk

AML/Client Onboarding

On a regular and ongoing basis, this position interacts with all functional areas of the firm up to, and including, the Senior Management level

Authorities/Decision Rights

As a key contributor to the business unit, this job has the authority to recommend changes to business processes in order to enhance operational efficiency and effectiveness.

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of USD$180,000-230,000 for the New York, NY 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 also may 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.

Candidates hired to work in other locations will be subject to the pay range associated with that location. Additional total compensation and benefits details will be provided during the hiring process.

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

NY-300 Madison Ave., 8th Floor

Employment Type

Regular

Weekly Hours

40

Skills

Analytical Thinking, Business Effectiveness, Business Growth, Business Objectives, Communication, Customer Experience (CX), Detail-Oriented, Leadership, People Management