Private Wealth Business Development Officer
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.
- Client-first approach: engage with purpose to find the right solutions, go the extra mile because it's the right thing to do.
- Results oriented with a drive to exceed targets.
- Motivated by accomplishing goals and delivering best to make an impact.
- Motivated by collective success; 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.
- Values matter: bring your real self to work and live 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
- Incentive compensation plan
- 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
- Recognition in meaningful, personalized ways
- 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
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
No Education Listed
