2026 Summer Intern - Change Initiatives Business Effectiveness

Canadian Imperial Bank of Commerce • Chicago, IL

5d

About The Position

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 CIBC’s Summer Internship Program is a dynamic, 10–12-week experience (June through August) designed to complement your academic training and support your career aspirations. Centered around the core theme of Learn, Connect, Grow, the program offers a comprehensive blend of opportunities to expand your skills and professional network. 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. As a Change Initiative & Business Effectiveness Intern, You Will: Learn Gain hands-on experience supporting the US Change Initiatives Team, working with Lines of Business (LOBs) leaders, Project Managers, and Business Sponsors to prioritize and plan strategic & operational change initiatives. Validate financial metrics within project business cases and provide ongoing financial metric oversight to ensure accuracy and consistency across change initiatives. Provide partnership to the Project Finance team to drive consistency with reporting, management and implementation of changes, ensuring data inputs are accurate Perform regular review and challenge of financial forecasts, business cases, strategic alignments, and identify any risks to project execution Update and maintain a portfolio-level financial forecast for executive review Connect Network across CIBC by engaging with employees, fellow interns, and executive leadership. Build meaningful professional relationships through collaborative project work and mentorship. Grow Build executive presentation and communication skills through executive meeting preparations Participate in process improvement projects to improve ways of working at CIBC Grow Excel skills through collecting, organizing, and analyzing relevant risk & performance metrics. Benefit from mentorship, leadership guidance, and community outreach initiatives while developing both technical and interpersonal skills.

Requirements

• Minimum 3.0 GPA.
• Pursuing a bachelor’s degree in Business Administration, Finance, Data Analytics, or a related field, with an expected graduation between December 2026 and June 2027.
• Interest in Banking and Project and Change Management
• Familiarity with Microsoft Office systems, especially Excel and PowerPoint; experience with Power BI is a plus.
• Exceptional interpersonal, communication, and relationship-building skills.
• Project Leadership: Ability to lead and support projects, develop project management skills, and collaborate with various stakeholders.
• Attention to Detail: Strong analytical skills and a keen eye for accuracy in reporting and process improvement.
• Risk Management Interest: Demonstrated interest in risk management functions, governance, and business effectiveness.

Responsibilities

• Gain hands-on experience supporting the US Change Initiatives Team, working with Lines of Business (LOBs) leaders, Project Managers, and Business Sponsors to prioritize and plan strategic & operational change initiatives.
• Validate financial metrics within project business cases and provide ongoing financial metric oversight to ensure accuracy and consistency across change initiatives.
• Provide partnership to the Project Finance team to drive consistency with reporting, management and implementation of changes, ensuring data inputs are accurate
• Perform regular review and challenge of financial forecasts, business cases, strategic alignments, and identify any risks to project execution
• Update and maintain a portfolio-level financial forecast for executive review
• Network across CIBC by engaging with employees, fellow interns, and executive leadership.
• Build meaningful professional relationships through collaborative project work and mentorship.
• Build executive presentation and communication skills through executive meeting preparations
• Participate in process improvement projects to improve ways of working at CIBC
• Excel skills through collecting, organizing, and analyzing relevant risk & performance metrics.
• Benefit from mentorship, leadership guidance, and community outreach initiatives while developing both technical and interpersonal skills.

Benefits

• At CIBC, we offer a competitive total rewards package.
• This role has an expected hourly rate of $25.00 per hour for the State of Illinois market based on experience, qualifications, and location of the position.
• CIBC offers a full range of benefits and programs to meet our intern's needs; including 401(k) contribution, Paid Time Off (including Sick Leave and Vacation), and Holidays, in addition to other special perks reserved for our team members.

What This Job Offers

• Career Level: Intern
• Number of Employees: 5,001-10,000 employees