2027 Summer Intern - Private Equity Chicago

CIBC•Chicago, IL

2d•$25 - $27•Onsite

About The Position

CIBC’s Summer Internship Program offers students a hands-on opportunity to complement their academic experience, build practical skills, and explore a career in financial services. The approximately 10-week program runs from June through August and provides training, mentorship, professional development, networking, and community activities. In this Chicago-based role, the intern works alongside experienced equity research and investment professionals, gaining exposure to fundamental research and the investment process. The intern researches publicly traded companies and develops analytical, financial modeling, and communication skills while learning how investors evaluate businesses, industries, competitive positioning, financial performance, valuation, and investment opportunities. The role is 40 hours per week and is a temporary fixed-term position.

Requirements

Minimum cumulative GPA of 3.2.
Demonstrated interest in equity research, investing, or financial markets through activities such as investment clubs, coursework, internships, personal investing, stock pitches, or independent learning.
Currently pursuing a bachelor’s degree, preferably in finance, accounting, economics, business, or another relevant field.
Expected graduation date of December 2027 or June 2028.
Foundational understanding of financial statements, accounting, corporate finance, and/or valuation.
Proficiency in Microsoft Office, particularly Excel, PowerPoint, and Word.
Authorized to work in the United States; the position does not offer visa sponsorship.
Intellectual curiosity about businesses, industries, financial statements, and market developments.
Ability to analyze financial and qualitative information, identify relevant insights, and communicate conclusions clearly and concisely.
Careful, critical approach to research, attention to detail, and ability to challenge assumptions.
Proactive, dependable ownership of assignments, with willingness to ask questions when context is needed.
Effective communication skills, including the ability to present and discuss an investment thesis.
Collaborative approach, openness to feedback, and appreciation for diverse perspectives and constructive debate.
Demonstrate CIBC’s values of trust, teamwork, and accountability.

Responsibilities

Work 40 hours per week in the Chicago office alongside experienced equity research and investment professionals.
Learn the fundamentals of equity research, security analysis, valuation, and portfolio management.
Conduct fundamental research on publicly traded companies using SEC filings, earnings materials, company presentations, sell-side research, industry publications, and other relevant sources.
Build and maintain financial models to analyze company performance, earnings, valuation, and key investment drivers.
Develop an investment thesis on one or more public companies and present the research and conclusions to members of the investment team.
Learn about the industries and companies covered by the host analyst, including competitors, industry dynamics, and business and financial drivers.
Listen to and analyze company earnings calls, investor presentations, and other corporate events, and summarize investment takeaways.
Learn to use FactSet and other research resources to support fundamental investment analysis.
Participate in weekly learning sessions covering investment research, financial markets, portfolio management, and careers in financial services.
Participate, when available, in meetings with public-company executives, investor relations teams, sell-side research analysts, and other investment professionals.
Collaborate, seek feedback, take ownership of assignments, and communicate research conclusions clearly.