CIBC

Senior Financial Analyst

CIBC$77K — $115K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Master’s degree in Accounting, Finance, or related quantitative field.
  • 3 years of experience in applying accounting, auditing, and financial reporting principles.
  • Proficient in preparing journal entries and reconciliations under U.S. GAAP.
  • Experienced in performing month-end close, variance analysis, and financial reporting.
  • Skilled in using Financial Edge, QuickBooks, and advanced Excel (PivotTables, VLOOKUP, SUMIFS, and Index Match).

Responsibilities

  • Prepare and review accounting entries for complex financial instruments and investment portfolios.
  • Perform financial and regulatory reporting in compliance with U.S. GAAP and IRFRS standards.
  • Monitor and maintain collateral positions and margin movements with trading counterparties and clients.
  • Provide and maintain documentation for internal and external audit requests.
  • Collaborate with risk, treasury, and operations teams to resolve accounting and reporting issues.
  • Analyze balance sheet and P&L variances across products.
  • Identify opportunities to enhance accuracy, automation, and efficiency in accounting and reporting processes.

Benefits

  • Competitive salary and incentive pay.
  • Banking benefits and a comprehensive benefits program.
  • Generous vacation offering and wellbeing support.
  • Opportunity for personal recognition through the MomentMakers program.
  • Paid day off for personal growth and development (Purpose Day).
Full Job Description

CIBC Bank USA seeks a Senior Financial Analyst to prepare and review accounting entries for complex financial instruments and investment portfolios. Perform financial and regulatory reporting in compliance with U.S. GAAP and IRFRS standards. Monitor and maintain collateral positions and margin movements with trading counterparties and clients. Provide and maintain documentation for internal and external audit requests. Collaborate with risk, treasury, and operations teams to resolve accounting and reporting issues. Analyze balance sheet and P&L variances across products. Identify opportunities to enhance accuracy, automation, and efficiency in accounting and reporting processes. #LI-DNI

Position requires a Master’s degree in Accounting, Finance, or a related quantitative field, and 3 years of experience with applying accounting, auditing, and financial reporting principles to track, analyze, reconcile, and report on financial activity. Experience must include a minimum of: 3 years of experience with preparing journal entries and reconciliations in accordance with U.S. GAAP; 3 years of experience with performing month-end close, variance analysis, and financial reporting; 3 years of experience with preparing financial reports and analyses utilizing Financial Edge, and QuickBooks; and 3 years of experience with Excel tools including PivotTables, VLOOKUP, SUMIFS, and Index Match. Part-time telecommuting permitted.

Job location: Chicago, IL. RATE OF PAY: $77,938.00 - $115,400.00 per year. To apply, please visit and enter Job Requisition ID 2613924 Senior Financial Analyst. Alternatively, please send your resume, cover letter, and a copy of the ad to: CIBC, Attn.: H. Lazzaro, 300 Madison Avenue, New York, NY 10017.

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

  • 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 St

Employment Type

Regular

Weekly Hours

40

Skills

Accounting, Analytical Thinking, Communication, Data Analysis, Financial Reporting and Analysis, Management Reporting, Microsoft Applications, Personal Initiative, Report Analysis, Researching

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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