Market Head, Illinois Private Banking

Canadian Imperial Bank of Commerce•Chicago, IL
•Onsite

About The Position

CIBC US Private Banking serves high-net-worth and ultra-high-net-worth clients through tailored banking, lending, and advisory solutions, with Chicago playing a critical role in the franchise's growth and connectivity across the broader bank. As Market Head, Illinois Private Banking, you'll lead our largest private banking market, with accountability for the Illinois business, including banker leadership, client acquisition, deposit growth, and market performance. You'll also operate as a franchise-level leader by shaping integrated relationship strategies with US Commercial Banking, Capital Markets, and Wealth Management, helping deliver a more connected client experience across CIBC US. In addition, you'll drive private equity partner coverage across the Chicago ecosystem while representing CIBC in the market and strengthening our presence in one of our most strategically important communities. This is a highly visible executive leadership role where you'll influence business direction as a member of the leadership team and help build the next chapter of our US Private Banking franchise. At CIBC we enable the work environment most optimal for you to thrive in your role. To successfully perform the work, you'll be on-site full-time.

Requirements

  • 15+ years of experience in private banking, wealth management, or private client banking, with a strong track record of leading and growing a client-facing business at scale.
  • Direct experience managing a large regional team with market-level profit and loss accountability.
  • Deep fluency in complex banking and bespoke lending solutions for high-net-worth and ultra-high-net-worth clients.
  • Ability to build trusted partnerships across banking, wealth, and capital markets teams, and align multiple stakeholders around an integrated client relationship strategy.
  • Established market presence and relationships in the Chicago area, or a demonstrated ability to build them quickly, with experience navigating a competitive private banking and wealth landscape.
  • Bachelor's degree.

Nice To Haves

  • MBA or Juris Doctor is strongly preferred.
  • Experience across the Chicago private equity ecosystem is an asset.

Responsibilities

  • Lead the Illinois business - Oversee the Illinois market strategy and performance, with accountability for client growth, deposits, lending, revenue, and overall market execution across Chicago and broader Illinois submarkets.
  • Build and develop a high-performing team - Lead, coach, and grow the franchise's largest banker team, including attracting senior talent, developing team capability, and fostering a strong performance and client-focused culture.
  • Deepen executive client relationships - Own acquisition and relationship management for the market's most significant clients, bringing executive presence and sound judgment to complex, high-value client needs and opportunities.
  • Drive franchise integration - Establish and strengthen strategic partnerships with US Commercial Banking, Capital Markets, and Wealth Management by defining referral protocols, joint coverage strategies, and cross-sell approaches for shared clients and prospects.
  • Advance private equity partner coverage - Lead private equity partner client acquisition and relationship growth across the Chicago market, while coordinating with internal partners on shared opportunities and strategic client relationships.
  • Contribute as a senior franchise leader - Act as a key member of the leadership team, partnering closely with peers and internal stakeholders to shape business direction, support operational effectiveness, and align market strategy with broader franchise priorities.

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
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