CIBC

Senior Financial Analyst

CIBC$80K — $100K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in Finance, Economics, Accounting, or related field; Master's degree, CPA, or CFA preferred.
  • 2+ years of experience in financial reporting, planning, analysis, or Treasury functions.
  • Advanced knowledge of financial reporting, forecasting, and planning in Treasury, Capital Management, or Strategic Investments.
  • Strong analytical and problem-solving skills for interpreting complex financial data.
  • Demonstrated ability to communicate effectively across business lines and present financial results to senior stakeholders.
  • Experience in collaborating effectively across business lines and stakeholder levels.
  • Proactive attitude towards innovation and continuous improvement in reporting processes.

Responsibilities

  • Maintain, enhance, and optimize management reporting packages for Treasury.
  • Provide accurate financial reporting and analysis regarding Treasury performance and strategic direction.
  • Prepare and update financial models and forecasts to support Treasury revenue projections.
  • Participate in bank-wide stress testing for Treasury and related business lines.
  • Support process improvements and present changes to stakeholders.
  • Collaborate with various departments to ensure accurate risk reporting and P&L management.

Benefits

  • Competitive salary and incentive pay.
  • Comprehensive benefits program and defined benefit pension plan.
  • Employee share purchase plan and banking benefits.
  • Generous vacation offering and wellbeing support.
  • Opportunities for professional growth through Purpose Day, dedicating a day for personal development.
Full Job Description

What You'll be Doing

As a Senior Financial Analyst, reporting to the Director, within CIBC's Treasury CFO Group, you will play a key role in supporting the bank’s financial strategy and performance. You’ll be responsible for ensuring that accurate and comprehensive financial modeling and forecasting analyses are completed in a timely manner. You will provide analytical support to help understand the key drivers of reported revenue and financial results. This role manages a complex portfolio that requires sound judgment and effective interaction with stakeholders, fostering ongoing learning and development. The incumbent is expected to take initiative and deliver high-quality insights and analysis to support strategic decision-making within Treasury.

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

How You'll Succeed

  • Reporting - Maintain, enhance, and optimize monthly, quarterly, and ad hoc reporting packages for management review across Capital Management, US Treasury, and Strategic Investments.

  • Analysis - Provide accurate, timely financial reporting, analysis, and actionable recommendations regarding Treasury performance, including plans, actuals, forecasts, trends, and strategic direction. Conduct Fund Transfer Pricing for US Treasury, including analysis of P&L drivers and variances to actual GL, and present findings to business leaders.

  • Modeling & Forecasting - Prepare, adapt, and update financial models and forecasts by incorporating key inputs such as interest rates and balance sheet changes to support reliable Treasury revenue projections; communicate results and insights to relevant stakeholders.

  • Stress Testing -  Participate in bank-wide stress testing exercises (e.g., Macro and Enterprise Wide Stress Testing) for Treasury and related business lines to ensure robust performance under varying stress scenarios.

  • Process Improvement -  Support the implementation of new methodologies and process improvements, and deliver presentations to stakeholders on changes and impacts.

  • Stakeholder Management - Collaborate with Central Reporting, Planning & Investor Relations, Finance Business Support (CFO Groups), Treasury, and Risk Management to ensure management and trading teams have accurate, complete information on risk positions, accounting/reporting requirements, and P&L accruals and fair value.

Who You Are

  • You are certified. Bachelor’s degree in Finance, Economics, Accounting, or a related field (Master’s degree, CPA, or CFA designation is a plus).

  • You can demonstrate experience. 2+ years ofrelevant work experience in financial reporting, planning, analysis, or Treasury-related functions. You possess advanced knowledge of financial reporting, forecasting, and planning, ideally within Treasury, Capital Management, or Strategic Investments.

  • You are analytical. Detail-oriented with strong analytical and problem-solving skills, able to interpret complex financial data and deliver clear, actionable insights.

  • You thrive in collaborative environments. Able to work effectively across business lines and with stakeholders at all levels.

  • You can demonstrate strong communication skills. Comfortable presenting financial results and methodologies to senior stakeholders, and able to communicate effectively across business lines and functions.

  • You embrace innovation and continuous improvement. Proactively identify opportunities to enhance reporting processes and implement new methodologies.

  • 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

Job Location

Toronto-141 Bay, 19th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Accounting, Analytical Thinking, Communication, Detail-Oriented, Financial Modeling, Financial Reporting and Analysis, Process Improvements

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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