This job is closed

We regret to inform you that the job you were interested in has been closed. Although this specific position is no longer available, we encourage you to continue exploring other opportunities on our job board.

CIBCposted about 1 month ago
$105,000 - $115,000/Yr
Intern
NY
Resume Match Score

About the position

Join our Global Transaction Banking, Cash Management team as a Summer Analyst in this 10-week role (June 2026 – August 2026) based in New York. You will become part of a team focused on delivering innovative banking and investment solutions to CIBC’s US corporate and institutional clients. Our goal remains to be the leading Capital Markets franchise in Canada and to work as one team to build our brand across North America and the world - proudly living our values as we work toward our vision to be the leader in client relationships. The US Cash Management team provides cash management solutions to Corporate Banking clients for their treasury requirements for receivables, payables, managing liquidity via deposit account solutions and reporting. The team covers a cross section of industry verticals across the business including Energy, Diversified, Mining, Infrastructure, Power & Utilities, Sustainable Finance, Financial Institutions and Govt. sectors. Our clients are located across the US. We provide solutions in the US and Canada.

Responsibilities

  • Provide cash management solutions to Corporate Banking clients for their treasury requirements, including receivables, payables, liquidity management, and reporting.
  • Develop new client relationships through business development activities, leveraging referral sources and existing clients.
  • Assist in the preparation of information memoranda and client pitch books, and actively participate in the credit approval process, documentation, and closing of loan transactions.
  • Work closely with senior bankers and cross-functional teams to support the management of a large and growing portfolio of clients.
  • Conduct sound, timely, and well-communicated recommendations for credit facilities supported by thorough analysis.
  • Perform in-depth company, industry, and portfolio analysis to support credit relationships.
  • Run financial models focused on credit analysis and risk rating evaluation.
  • Proactively assess clients’ needs and propose tailored solutions.

Requirements

  • Enrolled in an undergraduate degree in business related discipline including Mathematics, Engineering, Economics or related at the time of the internship.
  • Expected graduation date of December 2026 – June 2027.
  • Proficient in MS-office suite of tools (Word, PowerPoint, Excel).

Nice-to-haves

  • Passionate about building relationships and trust.
  • Digitally savvy and adaptable to new tools and trends.
  • Strong analytical and critical thinking skills.
  • Ability to communicate detailed information effectively.
  • Collaborative mindset and appreciation for teamwork.

Benefits

  • Competitive total rewards package.
  • Expected salary range of $105,000 - $115,000 (pro-rated for the 10-week internship program).
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service