Job Information
CIBC Analyst, Leveraged Finance in Toronto, Ontario
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.
To learn more about CIBC, please visit CIBC.com (https://www.cibc.com/en/about-cibc.html)
What You’ll Be Doing
Operating under a national mandate, the Leveraged Finance team provides solutions such as mezzanine financing, acquisition financing and other structured financings to mid-market clients in a diversified set of Canadian industries.
CIBC Leveraged Finance is a team of professionals and support staff with expertise in senior and subordinated cash-flow lending to Canadian middle-market businesses. The team has a three-pronged mandate: i) providing national coverage of private equity sponsors; ii) leading financing of highly-structured, event-based transactions; and iii) providing ongoing support to our existing client base. Our focus is on providing our clients creative financing solutions, value-added ideas and industry leading quality service, by delivering the full suite of CIBC’s product offerings to clients.
As an Analyst, Leveraged Finance you will lead the preparation of annual review of existing clients across the portfolio, prepare deal announcements and presentation powerpoints and manage the team excel database of deal metrics. Analysts will also partner with other Leveraged Finance team members on new deals to complete industry research, comparable and precedent transaction metrics, pricing and returns analysis and powerpoint pitch decks. Through these workstreams, Analysts will gain exposure to transactions of different sizes, end-markets and structures.
Analysts will participate in ongoing training and development sessions and receive ongoing coaching from Leveraged Finance team members with the goal of progressing and becoming a Leveraged Finance Associate in 24-36 months.
This position will be located in the Toronto office, primarily covering a portfolio of clients and evaluating new opportunities while also interacting with the wider team members across the country.
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.
How You’ll Succeed
Client First –You will attend discussions with client management (executive, financial and operational) in order to assess client’s financing needs. Perform comprehensive financial/non-financial analysis and risk assessment of credit proposals. Assist in preparation of financing proposals (structuring terms and conditions including security, covenants and pricing) to properly reflect and compensate CIBC for assessed risk. Prepare draft recommendations on credit submissions and investment proposals to present to senior management. Assist with comprehensive due diligence on all transactions.
Relationship Building – Develop good relations with internal customers, external customers and general industry contacts to generate new referrals and business opportunities and to maintain a window on the market.
Collaboration - Partner with your team to connect clients with opportunities. Monitor and supervise a portfolio of senior and subordinated debt accounts. Manage relationships with borrowers and Relationship Managers. Monitor account performance and industry trends. Maintain a proactive approach to continuous risk assessment and report observations. Assist in negotiation of terms and conditions of proposals.
Business acumen. You have working knowledge of commercial lending, including a focus on specialized senior and subordinated lending products (i.e., structured/acquisition financings, project financings, loan syndication) and other CIBC group core products and services. Knowledge of business, legal, tax, banking and regulatory framework affecting financial requirements of customers. You have strong written and verbal communication skills to present financial information to clients.
Who You Are
You have a BBA or similar undergraduate degree . Specialization in Finance or Accounting are considered an asset, as well as if you are working towards other financial designations (i.e. MBA, CA, CBV, CMA, CFA etc.) but not necessary.
You have prior experience in a commercial credit and/or equity investment environment. You understand lending principles, procedures and practices, credit assessment and industry and competitive analysis.
You are able to work in a dynamic environment , prioritizing tasks to meet client demands and changing market conditions.
You are a strong communicator . You have strong written and verbal communication skills
You have strong organizational skills with the ability to meet tight deadlines and demonstrate attention to detail
Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.
What CIBC Offers
At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career, rather than just a paycheck.
We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a health benefits program, defined benefit pension plan, an employee share purchase plan and MomentMakers, our social, points-based recognition program.
Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.
We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.
What CIBC Offers
At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career, rather than just a paycheck.
We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program, defined benefit pension plan, an employee share purchase plan, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program.
Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.
We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.
*Subject to plan and program terms and conditions
What you need to know
CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact Mailbox.careers-carrieres@cibc.com
You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit.
We may ask you to complete an attribute-based assessment and other skills tests (such as simulation, coding, French proficiency, MS Office). Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us.
Job Location
Toronto-81 Bay, 10th Floor
Employment Type
Regular
Weekly Hours
37.5
Skills
Analytical Thinking, Business Banking, Business Development, Client Relationship Management, Credit Management, Ensure Compliance, Financial Analysis, Proposal Writing, Researching, Risk Management and Mitigation
At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability.
Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel.
Every day, our 44,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.