Senior Associate, Institutional Equity Research (Financial Institutions)

CIBC • Toronto, ON

5d • Onsite

About The Position

The Capital Markets division at CIBC delivers innovative solutions to corporate, government, and institutional clients throughout North America and key financial centres globally. As a Senior Associate in Institutional Equity Research, you’ll join the Equities team, which is dedicated to providing original ideas, exceptional service, and performance to institutional investors. In this role, you’ll work closely with the Research Analyst covering the Financial Institutions sector, including banks and insurance companies. You’ll leverage your expertise in financial analysis to support sector coverage, gather and analyze industry and company information, and contribute to thematic reports. You’ll also develop and maintain financial models and databases, gaining valuable experience in research and analysis that drives investment decisions. Your work will directly impact the team’s ability to advise clients and execute on key investment strategies. 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. The expected annualized base salary for this role is $125,000. The base salary is determined by a variety of factors, including the candidate’s skills, experience, and job-related knowledge, as well as geographic location and specific business needs. Our compensation philosophy supports ongoing growth and development, enabling progression within the salary range as team members advance in their roles. In addition to base pay, compensation for this role includes participation in an annual discretionary incentive or bonus program. We are committed to providing fair, equitable, and competitive compensation opportunities for all employees and we encourage open conversations about compensation throughout the recruitment process.

Requirements

• Certified professional.
• Bachelor of Commerce in combination with a CFA or MBA or CA, CPA (with a strong component of finance based course work) will be considered.
• Two years of experience in Capital Markets, ideally experience as a research associate within the financial sector.
• Excellent knowledge of PC applications (i.e. Excel, Word, PowerPoint, Access).
• AI, programming and automation skills are also valued.
• Demonstrate interest in the capital markets industry through school courses, clubs and/or related work experience.
• You know that teamwork can transform a good idea into a great one.
• You know that an inclusive team that enjoys working together can bring a vision to life.
• You know that details matter. You notice things that others don't.
• Your critical thinking skills help to inform your decision making.
• Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.

Responsibilities

• Conduct industry and company analysis, gather information from primary, secondary, and alternative sources, and recognize and analyze industry trends.
• Assist in writing company-specific and thematic reports, and maintain financial models and databases to support research coverage.
• Participate in regular and ad hoc calls with public company senior management, and attend industry events to gather direct data and insights.
• Liaise with Sales, Trading, Investment Banking colleagues, and clients as required to support research initiatives.
• Apply strong analytical and quantitative skills to complete and explain detailed financial and statistical analysis.

Benefits

• Competitive salary
• Incentive pay
• Banking benefits
• Benefits program
• Defined benefit pension plan
• Employee share purchase plan
• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Senior