CIBC

Associate, Technology & Innovation Investment Banking

CIBC$135K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Undergraduate degree in Finance, Accounting, Mathematics, Computer Science, or Economics; CA or CFA preferred, MBA or Masters in Finance is advantageous.
  • 2 to 4 years of experience in Corporate Finance, Investment Banking, or related fields, including financial modeling and analysis.
  • Strong analytical skills with knowledge of valuation techniques and financial statement preparation.
  • Proficiency in technical tools (Excel, Word, PowerPoint) and familiarity with technology sectors like AI and quantum computing.
  • Excellent interpersonal and communication skills for client relationships and collaboration.
  • A highly motivated individual with the ability to handle significant responsibilities quickly.
  • Demonstrates values of trust, teamwork, and accountability.

Responsibilities

  • Conduct industry research and analysis to identify investment banking opportunities.
  • Prepare client proposals and pitchbooks, developing and auditing financial models.
  • Assist in company due diligence for executing group mandates.
  • Leverage industry knowledge to generate transaction opportunities.
  • Build and maintain client relationships through networking and collaboration.
  • Mentor Analysts, providing feedback and supporting their development.
  • Participate in community activities to support CIBC's reputation.

Benefits

  • Personalized recognition through competitive salary and incentive pay.
  • Access to banking benefits, a comprehensive benefits program, and a defined benefit pension plan.
  • Participation in an employee share purchase plan and vacation offerings.
  • Wellbeing support and a program for social recognition.
  • Opportunities for career growth through initiatives like Purpose Day, a paid day for personal development.
Full Job Description
What You'll Be Doing

Our Global Investment Banking group supports corporate, government and institutional clients with strategic advice, equity and debt fundraising, and corporate finance advisory services such as mergers and acquisitions. Our vision is to be the preferred capital markets banking partner to our clients, across multiple products and services.

The Toronto-based Global Technology & Innovation ("T&I") Investment Banking office has deep sector expertise and proven execution capabilities combined with a full suite of capital market solutions, allowing our team to assist at every stage of our technology clients' business lifecycle. As a leader in this dynamic and rapidly changing industry, we pride ourselves on having advised, structured and financed many of the industry's most notable and complex transactions for Canada's leading technology participants, both private and public.

Our group focuses exclusively on technology and technology-enabled clients that operate in traditional sectors such as Enterprise Hardware and Software, SMB software, Business Services, Supply Chain Management, and Cloud Infrastructure, as well as emerging sectors including E-Commerce and Payments, Cybersecurity, Internet of Things (IoT), Artificial Intelligence (AI) and Educational Technology (EdTech).

Our ecosystem is fast changing and the successful applicant will help assist our clients in many capacities including initial public offerings (IPO), strategic mergers and acquisitions (M&A), and growth financings and/or public follow-on financings.

With guidance from Managing Directors or Executive Directors, you will complete assignments that impact the firm's bottom line through transaction and financing execution, client relationship support, industry and company research, and contributing to the overall communication flow across our global offices. The role of an Associate is challenging and fast-paced. It requires dedication, passion for the industry and a very solid work ethic. You must be able to accept flexibility in required personal time commitments to complete work assignments.

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 for this role is $135,000.

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 salary range as team members advance in their roles.

In addition to base pay, compensation for this role includes participation in an annual discretionary incentive or bonus program.

We are committed to providing fair, equitable, and competitive compensation opportunities for all employees and we encourage open conversations about compensation throughout the recruitment process.

How You'll Succeed
  • Industry research and analysis - Conduct industry research and analysis to assist in the identification and/or analysis of investment banking business opportunities. Participate in cross functional teams and liaising with other units of CIBC Capital Markets in executing mandates or preparing proposals for clients. Associates will be expected to provide a broad range of analytical, research and presentation preparation support to all the professionals within their group. Typically, Associates are assigned to a variety of transactions and advisory projects and must have strong prioritization and multi-tasking capabilities. Prepare industry and financial analysis to assist with the development of client recommendations. Lead industry comparable value and transaction precedent analyses.
  • Client proposals - Play a key role in the preparation of client proposals and "pitchbooks" and the execution of client mandates by developing and auditing sophisticated financial models.
  • Due Diligence - Assist in company due diligence investigations and in executing all facets of the group's mandates.
  • Technical knowledge - Take advantage of in depth technical and industry knowledge, as well as the geopolitical environment to generate transaction ideas/opportunities that can be discussed with the relevant relationship manager and deal/coverage teams.
  • Relationship building - Grow your internal and external networks by participating in the following activities by coordinating client-focused and/or deal-focused "brainstorming" sessions with relevant team members and product specialists. Liaising with other units of CIBC Capital Markets in preparing proposals for clients. Developing relationships and actively communicate with various appropriate contacts at our clients. Developing and maintaining an internal network with product groups, other business groups, etc. Developing and maintaining an external network with the market (i.e. key stakeholders, prospects, etc.)
  • Mentoring - Actively managing and mentoring the Analysts that work with you and providing regular feedback to them. Supporting CIBC's image through involvement in community activities.


Who You Are
  • You have completed relevant education. Finance, Accounting, Mathematics, Computer Science or Economics undergraduate degree. Completion of CA or CFA is preferred and an MBA or Masters in Finance is an asset. It would be greatly appreciated if all applicants could submit the most recent academic transcript as part of their application.
  • You can demonstrate 2 to 4 years of industry experience in one or more of Corporate Finance, Investment Banking, Private Equity, Project Financing, and Investment Review. Experience must have included meaningful financial modeling and analysis.
  • You have acquired the necessary financial skills. Excellent analytical ability including demonstrated knowledge of valuation techniques and practices, including cash flow and returns analysis. Knowledge of accounting principles relating to financial statement preparation and business combinations.
  • You are technically savvy. Strong quantitative technical skills as they relate to basic computer applications (Excel, Word, PowerPoint). Working knowledge of software, AI, technology services, hardware, quantum computing, and other technology sectors would be an asset.
  • You're motivated by collective success. Well-developed interpersonal and relationship building skills in order to develop, manage and leverage relationships with clients, and internal and/or external business partners. Well-developed written and verbal communication skills sufficient to provide detailed explanation and interpretation of factual and conceptual information and ideas related to complex technical and conceptual issues. Unquestioned professionalism, ethics and reputation and proven ability to exercise strong independent judgment when making business decisions and/or representing CIBC Capital Markets.
  • You are goal-oriented. Extremely dedicated and motivated individual with high career aspirations. Must be capable of assuming high levels of responsibility within short time frames. Success to you is helping solve and execute on the complex financial and strategic needs of our clients.
  • 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 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., 6th

Employment Type
Regular

Weekly Hours
37.5

Skills
Advisory Services, Analytical Thinking, Business Development, Customer Experience (CX), Financial Research, High Net Worth Individuals, Investment Banking, Investment Management, Investment Valuation, Wealth Management

About CIBC

The Canadian Imperial Bank of Commerce is a Canadian multinational banking and financial services corporation headquartered in Toronto, Ontario. The bank is headquartered at Commerce Court in the city's Financial District. CIBC's Institution Number is 010, and its SWIFT code is CIBCCATT. It is one of two Big Five banks founded in Toronto, the other being the Toronto-Dominion Bank. The Canadian Imperial Bank of Commerce was formed through the June 1, 1961, merger of the Canadian Bank of Commerce and the Imperial Bank of Canada, the largest merger between chartered banks in Canadian history. The bank has four strategic business units: Canadian Personal and Business Banking, Canadian Commercial Banking and Wealth Management, U.S. Commercial Banking and Wealth Management, and Capital Markets. It has international operations in the United States, the Caribbean, Asia, and United Kingdom; Globally. CIBC serves more than eleven million clients, and has over 40,000 employees. The company ranks at number 172 on the Forbes Global 2000 listing.
Learn more about CIBC
Market Cap
$43.5 billion
Industry
Founded
1867
5 Year Trend
+8.8%

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