Analyst/Associate, Investment Banking - Financial Institutions Group

CIBC•New York, NY

3d•$125,000 - $175,000•Onsite

About The Position

Our Investment Bank supports corporate and private capital clients with strategic advice and corporate finance advisory services (such as mergers and acquisitions) as well as debt and equity capital raising. Our vision is to be a key investment banking and capital markets banking partner to our clients, across multiple products and services. The Financial Institutions Investment Banking ("FIG") team has deep sector expertise and proven deal execution capabilities, combined with a full suite of investment banking capital markets solutions, as well as corporate banking, treasury services and risk management solutions from other groups within CIBC Capital Markets, which allow us to assist at every stage of our FIG clients' business lifecycle. As an experienced FIG team in this dynamic and rapidly changing industry, we have the capabilities to advise, structure and finance a broad array of notable and complex transactions in the US. Our group focuses on a broad set of financial institutions clients in a variety of subsectors, including insurance, specialty finance, and asset & wealth management, among others. Our ecosystem is fast-changing and the successful applicant will assist our clients in many capacities including strategic mergers and acquisitions and financings across debt and equity markets. With guidance from Managing Directors and/or Executive Directors, you will complete assignments that impact the firm's bottom line through deal execution, client relationship support, industry and company analysis, and overall communication and collaboration with banking partners across our global offices. The role will provide you with significant learning opportunities and an ability to observe and influence the strategic direction of our clients' businesses, with direct exposure to client executives and boards of directors as well as senior CIBC leadership.

Requirements

Bachelor’s degree in Business, Economics, Engineering or related discipline
Knowledge of corporate finance / M&A through education, training and experience
At least 1–2 years of FIG (insurance / specialty finance) investment banking coverage experience; candidates with FIG M&A (insurance / specialty finance) experience are also encouraged to apply
Demonstrated quantitative, computational, and financial modeling skills, including a thorough understanding of valuation techniques, cash flow analysis, and corporate finance theories and practices
Excellent understanding of financial statements, credit analysis, and accounting principles
Strong interest in and knowledge of financial markets and the financial institutions sector, including specialty finance, financial technology, insurance, and asset & wealth management
Well-developed time management skills with the ability to manage shifting priorities across multiple simultaneous projects and meet tight deadlines
Excellent interpersonal, presentation, and written communication skills, with the ability to convey complex information clearly and represent CIBC's interests professionally
Proven ability to contribute to and thrive within high-performance teams
Results-oriented with the initiative to take ownership of projects and drive them forward
Values matter to you. You bring your real self to work and you live our values – trust, teamwork, and accountability.
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.

Nice To Haves

FIG M&A (insurance / specialty finance) experience

Responsibilities

Lead the execution of all facets of the group's mandates and overall priorities
Conduct industry research and analysis to identify and evaluate investment banking opportunities across FIG subsectors, including insurance, specialty finance, and asset & wealth management
Act as the central point of contact between the deal team and client team members throughout transaction execution
Conduct deal-related due diligence activities and present findings internally and directly to clients
Lead and oversee financial modeling and other financial analyses, providing recommendations to internal and client stakeholders
Assist senior investment banking colleagues in identifying opportunities for fee-paying mandates
Ensure all recommendations and opinions offered to clients comply with applicable legislation and uphold CIBC's professional standards and policies
Identify and anticipate client needs, delivering excellent service through coverage and transaction execution
Research, develop, and maintain a thorough understanding of clients' businesses, investments, and industries to support the identification and analysis of investment banking opportunities
Liaise with other CIBC units in preparing client RFPs and proposals
Keep the team informed of material developments in the industry and markets in which our clients operate
Conduct client meetings alongside other CIBC team members
Coordinate client- and deal-focused internal brainstorming sessions with relevant team members and product specialists
Develop relationships and actively communicate with key contacts at client organizations
Build and maintain an internal network across product groups and other business lines
Cultivate and maintain an external network with key market stakeholders and prospects
Support CIBC's profile through involvement in community activities
Actively manage and mentor Analysts, providing regular coaching, teaching, and feedback

Benefits

Medical
Dental
Vision
Health Savings Account
Life Insurance
Disability
Other Insurance Plans
Paid Time Off (including Sick Leave, Parental Leave, and Vacation)
Holidays
401(k)
competitive salary
incentive pay
banking benefits
a benefits program
a vacation offering
wellbeing support
MomentMakers, our social, points-based recognition program
Purpose Day; a paid day off dedicated for you to use to invest in your growth and development