Sr Business Development Officer

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

What You’ll Be Doing

As a Senior Business Development Officer, you will drive the growth of new business by acquiring high-net-worth individuals, family offices, endowments, and foundations as clients. Working closely with Relationship Managers, Investment and Wealth Specialists, and other sales professionals, you will implement business development strategies and cultivate relationships with key referral sources. You will also play a lead role in promotional events and seminars, enhancing CIBC’s market presence and expanding the client base. This role operates in an office environment, with frequent travel required.

How You’ll Succeed

• Grow new business: Develop and acquire new client relationships with individuals and institutions that have complex financial needs.
• Manage and retain key relationships: Oversee select client accounts, ensuring strong retention and business growth while aligning with investment policies and strategies.
• Collaborate with internal partners: Work with Relationship Managers, Investment and Wealth Specialists, and other sales professionals to execute national sales strategies.
• Expand referral networks: Build a pipeline of business prospects by developing relationships with attorneys, accountants, bankers, and other key intermediaries.
• Strengthen channel partnerships: Identify and cultivate opportunities within existing channels to drive additional business.
• Lead strategic initiatives: Organize and facilitate promotional events, seminars, and networking opportunities to expand alliances and grow CIBC’s presence in the wealth management space.

Who You Are

• Experienced in wealth management: You have a minimum of 10 years of experience in wealth management or a closely related field.
• Financially savvy: You possess extensive knowledge of investment strategies, trust administration, and wealth management solutions.
• Proven business developer: You have a track record of successfully raising assets and driving new client acquisition.
• Exceptional communicator: Your verbal and written communication skills allow you to confidently engage clients, prospects, and professional networks.
• Skilled presenter: You excel at delivering compelling presentations in both one-on-one and group settings, effectively marketing complex financial solutions.
• Entrepreneurial and growth-focused: Your approach to business development reflects an entrepreneurial mindset and a passion for building lasting client relationships.
• Well-credentialed: A Bachelor’s degree is preferred, along with advanced designations such as MBA, CFP, CFA, JD, CTFA, or CPA.

What Success Looks Like

• A growing pipeline of high-net-worth individuals, family offices, and institutional clients.
• Strong partnerships with internal teams and external referral sources, leading to increased new business.
• High client retention and expanded relationships through exceptional service and strategic financial solutions.
• Effective execution of promotional events and seminars that enhance CIBC’s visibility and market leadership.
• A reputation as a trusted advisor within the wealth management space, driving long-term client success.

California residents — your privacy rights regarding your actual or prospective employment 

At CIBC, we offer a competitive total rewards package.  This role has an expected salary range of $165,000 - 185,000 for the St. Louis, MO market based on experience, qualifications, and location of the position.  The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which also may include a discretionary bonus component.  

CIBC offers a full range of benefits and programs to meet our employee’s needs; including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave, and Vacation), Holidays,  and 401(k), in addition to other special perks reserved for our team members.  

Candidates hired to work in other locations will be subject to the pay range associated with that location. Additional total compensation and benefits details will be provided during the hiring process. 

This position does not offer visa sponsorship.  

#LI-TA

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*, 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, 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

MO-1401 South Brentwood Blvd.

Employment Type

Regular

Weekly Hours

40

Skills

Business Development, Client Service, Competitive Intelligence (CI), Customer Retentions, Investment Research, New Business Acquisition, People Management, Promotional Activities, Relationship Management

Salary : $165,000 - $185,000