2027 Summer Intern - Private Equity Chicago

Canadian Imperial Bank of Commerce•Chicago, IL

1d•Onsite

About The Position

CIBC’s Summer Internship Program gives students hands-on experience to complement their academic studies, build practical skills, and explore careers in financial services. As an Equity Research Intern, you will work alongside experienced investment professionals and gain direct exposure to fundamental research and the investment process. You will develop analytical, financial modeling, and communication skills while researching publicly traded companies and learning how investors assess businesses, industries, competitive positioning, financial performance, valuation, and investment opportunities. The approximately 10-week program runs from June through August. Interns receive training, mentorship, and support from the investment team, with opportunities to learn from experienced professionals, connect with organizational leaders, network with fellow interns, and participate in professional development and community activities. The position is based in CIBC’s Chicago office and is scheduled for 40 hours per week.

Requirements

Minimum cumulative GPA of 3.2.
Demonstrated interest in equity research, investing, or financial markets through activities such as investment clubs, coursework, internships, personal investing, stock pitches, or independent learning.
Currently pursuing a bachelor’s degree, with an expected graduation date of December 2027 or June 2028.
Foundational understanding of financial statements, accounting, corporate finance, and/or valuation.
Proficiency in Microsoft Office, particularly Excel, PowerPoint, and Word.
Authorization to work in the United States; the position does not offer visa sponsorship.
Legally eligible to work at the specified location and, where applicable, hold a valid work or study permit.

Nice To Haves

Bachelor’s degree in finance, accounting, economics, business, or another relevant field is preferred.

Responsibilities

Learn the fundamentals of equity research, security analysis, valuation, and portfolio management.
Conduct fundamental research on publicly traded companies using SEC filings, earnings materials, company presentations, sell-side research, industry publications, and other relevant sources.
Build and maintain financial models to analyze company performance, earnings, valuation, and key investment drivers.
Develop an investment thesis on one or more public companies and present research and conclusions to members of the investment team.
Learn about the industries and companies covered by the host analyst, including competitors, industry dynamics, and business and financial drivers.
Listen to and analyze company earnings calls, investor presentations, and other corporate events, and summarize key investment takeaways.
Learn to use FactSet and other research resources to support fundamental investment analysis.
Participate in weekly learning sessions on investment research, financial markets, portfolio management, and careers in financial services.
Participate, when available, in meetings with public-company executives, investor relations teams, sell-side research analysts, and other investment professionals.