Private Wealth Business Development Officer

CIBC•West Palm Beach, FL

3d•$150,000 - $190,000•Hybrid

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. As a Private Wealth Business Development Officer (BDO), you are responsible for sourcing and acquiring new private wealth clients (individuals, family offices, endowments and foundations). You will leverage your industry expertise and network to identify opportunities, foster partnerships, and deliver bespoke wealth solutions in collaboration with our talented team. You will work closely with Relationship Managers, Investment and Wealth Specialists, Bankers, Business Development Team Members, and other internal partners. 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.

Requirements

Experienced wealth management professional with 10+ years of experience in wealth management, private banking or a related field.
Dynamic sales professional with a proven track record of acquiring and maintaining HNW relationships.
Strong network and demonstrated ability to effectively raise assets.
Market intelligence by staying abreast of industry trends, competitor activity and industry updates impacting HNW clients.
Strong communicator with exceptional communication (oral and written), presentation and interpersonal skills.
Delivery style reflects an entrepreneurial spirit and a passion for growth.
Results oriented with a drive to exceed targets.
Motivated by accomplishing your goals and delivering your best to make an impact.
Knows that teamwork can transform a good idea into a great one.
Exceptional organizational skills, with the ability to multi-task, problem solve and meet deadlines.
Active FINRA Series 7 and 66 (or 63/65) required or must be obtained within 90 days.
Legally eligible to work at the location(s) specified and, where applicable, must have a valid work or study permit.

Nice To Haves

Put our clients first.
Engage with purpose to find the right solutions.
Go the extra mile because it's the right thing to do.
Bring your real self to work and live our values - trust, teamwork, and accountability.

Responsibilities

Proactively identify, engage, and convert prospective clients.
Curate and partner with a multidisciplinary team of professionals to design and deliver solutions tailored to client needs.
Develop, maintain and grow relationships with intermediaries, centers of influence and existing clients to generate referrals.
Lead and organize promotional events, educational seminars and roundtables to develop new alliances and formal networks to grow CIBC’s presence in the wealth management space.
Establish and maintain effective partnerships and teamwork to ensure a level of service delivery that is professional, seamless and timely.

Benefits

Competitive total rewards package
Eligible to participate in the relevant business unit’s incentive compensation plan, which also may include a discretionary bonus component.
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)
Other special perks reserved for our team members
Competitive salary
Incentive pay
Banking benefits
Benefits program
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