Senior Associate, Non-Banking Financials, Corporate Banking

CIBC•New York, NY

6d•$150,000 - $185,000•Onsite

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. The Senior Associate – Financial Institutions: Insurance, Specialty Finance, & Asset Managers will sit within US Corporate Banking’s Financial Institutions Group and report to the senior coverage bankers. In this role the Senior Associate will be responsible for deal execution, credit underwriting, maintaining existing credit relationships, and supporting senior coverage bankers for client engagement. The Associate will cover a diversified portfolio of FIG Clients with an emphasis on Insurance sectors and Specialty Finance. This role requires maintaining an awareness of the client, company, and industry, as well as regulatory issues, relevant economic and political trends, and client needs in order to tailor coverage and financing solutions.

Requirements

Minimum 4+ years’ experience
Demonstrated knowledge within the Financial Institutions sector
Understanding of the relevant core banking products for Financial Institution clients (Corporate Finance, Hedging, Trade Finance, Debt Capital Markets, Equity Capital Markets, Global Markets products, etc.)
Well-developed organizational skills and attention to detail in order to respond to shifting priorities on several simultaneous projects
Strong skills in corporate finance, credit underwriting and analysis, and ability to manage deal processes and engagement with risk, legal and other deal support providers.
Strong Microsoft Office Suite (Excel / PowerPoint) skills with the ability to lead the production of supporting materials with a high attention to detail (pitch decks, internal presentations, deal related committees, etc.).
Ability to work independently and proactively within a fast paced environment and collaborate with senior partners across Capital Markets.
Proven ability to engage with business leadership and stakeholders in credit risk management to appropriately evaluate risks and provide insight on mitigating those risks.
Liaises with other CIBC units and relationship stakeholders within CIBC Capital Markets and across the broader CIBC platform.
Highly effective team player, both functionally and regionally, and able to work well in a matrix structure and with cross-border stakeholders.
Maintain or obtain within 90 days of hire: FINRA Series 79, 63 and SIE registrations
Values matter to you. You bring your real self to work and you live our values – trust, teamwork, and accountability.

Nice To Haves

CIBC is committed to bringing a technically strong, commercially astute and culturally aligned banker who will help support CIBC’s Financial Institutions franchise. The role is commercially hands-on and requires strong credit underwriting and communication skills and industry engagement to support client relationship development.

Responsibilities

As a key member of the team, the Associate will assist in developing and advancing the US Financial Institution Group’s strategy in alignment with CIBC’s overall strategic objectives for growing the Capital Markets business
Managing the deal execution process and supporting senior bankers in client coverage
Support, and lead where appropriate, engagement for developing and cultivating new client relationships in order to expand CIBC’s US Financial Institution’s brand and franchise