Associate III, Global Investment Banking

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 Job Description Who We Are Founded in 1867, CIBC is a leading North American financial institution with total assets of $806 billion as of July 31, 2021. From Personal, Business and Commercial Banking to Wealth Management and Capital Markets businesses, CIBC’s 44,000 employees provide a full range of financial products and services to 10 million clients in Canada, the United States and around the world. CIBC’s goal is to deliver superior client experience and top-tier shareholder returns while maintaining the firm’s financial strength. To achieve this, CIBC is executing on 3 strategic priorities: Focusing on key client segments to accelerate earnings growth Simplifying and transforming to deliver a modern relationship-banking proposition Advancing its purpose-driven culture CIBC Capital Markets provides integrated global markets products and services, investment banking advisory and execution, corporate banking solutions, and top-ranked research to corporate, commercial, government and institutional clients around the world. CIBC Capital Markets’ goal is to deliver leading capital markets solutions to North American and international clients by providing best-in-class insight, advice and execution. To enable CIBC’s strategy and priorities, Capital Markets teams collaborate with partners across the bank to deepen and enhance client relationships. CIBC Capital Markets’ 3 key strategic priorities are: Being the leading capital-markets platform in Canada for core clients Building a North American client platform with global capabilities Increasing connectivity across CIBC to deliver greater value and a better experience for clients Business Unit Description CIBC is a leading Canadian-based financial institution with over 45,000 employees globally and annual revenue in excess of $14 billion. CIBC World Markets is the Capital Markets arm of CIBC, which provides a wide range of investment banking, global markets, credit, and research products and services to government, institutional, corporate and retail clients in North America and in key markets around the world. CIBC World Markets employees work in highly disciplined cross-functional teams to leverage industry knowledge and deliver innovative capital solutions and advisory expertise across a wide range of sectors. The Energy, Infrastructure, & Transition (“EIT”) practice provides investment banking services to targeted clients in the infrastructure, renewable and thermal power, utility, midstream, and upstream energy clients headquartered throughout North America, Europe, Latin America, Asia, and Australia. Our client-centric strategy leads with financial advisory and extends to the provision of financing (bond, institutional, and bank) and hedging products with our business partners throughout CIBC World Markets. EIT manages a market leading platform from our offices in New York, Houston, Toronto, Calgary, Vancouver and London. The New York team is a rapidly expanding and entrepreneurial team, providing an exciting opportunity for career growth and sector leadership. We primarily support our clients through a variety of transactions including M&A (buy-side and sell-side), capital structure advisory, construction and term financings, refinancings, strategic advisory / alternatives mandates, and public-private partnerships. The team’s coverage mandate is focused in the following industries: Infrastructure, Renewable Energy, and Regulated Utilities. Our core commitment is to support our clients as they navigate the energy transition from carbon-intensive fuels to sustainable solutions, and impacts this transition will have on connected industries. CIBC was named North American Financial Advisor of the year in 2019 by IJGlobal and is the leading North American Renewables M&A Advisor since 2017 by both gross deal value and number of transactions closed (per Inframation). What You’ll Be Doing The EIT Associate will work with Managing Directors, Executive Directors, Directors, Associates, and Analysts to continue to expand the presence of CIBC World Markets in the project finance, infrastructure and power markets. The individual will provide financial modeling, analytical, structuring, research and transaction support and will assist with the execution of transactions and advisory projects such as: mergers & acquisitions, divestitures, equity and debt financings, strategic advisory/alternatives projects and full capital structure solution projects. The individual will be expected to maintain an awareness of our clients, industry, regulatory issues and relevant economic/political trends. A team approach to executing coverage and financing assignments is designed to provide progressive on the job training. How You’ll Succeed Research and analyze information and draft infrastructure and power proposals in conjunction with Directors, Executive Directors and/or Managing Directors Conduct financial analysis, both for existing clients and on new mandates/opportunities Develop financial models, determining the assumptions and methodology Establish and maintain contact with clients throughout the due diligence process to obtain/provide information and advice, conduct interviews and relay information regarding the process and CIBC’s requirements Assists in analyzing, structuring, and negotiating new M&A and related transactions Train and mentor Analysts and Associates in financial modeling and investment banking best practices Liaise with other units of CIBC in preparing infrastructure and utility and power reviews and proposals for clients’ financing needs Prepare industry and financial analysis to determine the feasibility of potential financing and M&A transactions Organize presentations to potential clients, assisting in the development of presentation information Perform industry comparative analysis Conduct industry research to help the group better understand developments in the infrastructure and power spaces Compliance Requirements & Responsibilities As an employee of CIBC, the incumbent must comply with all applicable CIBC and Line of Business policies, standards, guidelines and controls. Ensures that recommendation and opinions offered to clients are in compliance with legislation and at all times maintains the professional standards and policies of CIBC. Who You Are Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability. You can demonstrate experience with: Successful candidates must exhibit CIBC’s values of trust, teamwork, and accountability Relevant undergraduate degree (Business, Finance, Economics, Engineering or related discipline) preferred An interest in the infrastructure, energy (renewable, storage, and conventional), or other related sectors, along with a strong interest in and knowledge of financial markets 4 years of relevant experience in a banking, investment management or equivalent institution is preferred Strong technical, computational and quantitative skills Excellent analytical ability including demonstrated knowledge of valuation techniques and practices Excellent understanding of financial statements, credit analysis and accounting principles Extremely dedicated and motivated individual with high career aspirations. Must be capable of assuming significantly increased levels of responsibility within short time frames Excellent interpersonal, presentation, oral and written communication skills in order to convey complex factual and conceptual information to others and promote the interests of CIBC Well-developed organizational and time management skills in order to respond to shifting priorities on several simultaneous projects Demonstrated job commitment including a willingness to work, as well as personal flexibility and adaptability in order to meet client requirements Proven ability to pay close attention to detail and multi-task under tight deadlines Superior knowledge of the Microsoft Office suite (Word, PowerPoint, Excel) and the ability to quickly and independently learn a variety of industry software platforms Series 7, 63 or 79 equivalent is advantageous You embrace and champion change. You'll continuously evolve your thinking and the way you work in order to deliver your best. Your influence makes an impact. You know that relationships and networks are essential to success. You inspire outcomes by making yourself heard. You’re digitally savvy. You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends. You're driven by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to create a shared vision. What CIBC Offers At CIBC, our people are our greatest asset. You’ll become part of a diverse community that acknowledges everyone’s unique talents, and empowers teams to do what’s right for the client, and to do it well. As part of our team, you will: Thrive: Benefit from an open and approachable culture that provides the flexibility and support you need to integrate your life at work and at home Connect: Work in a place where the right technology and infrastructure fosters innovation, collaboration and creativity Develop: Grow your skills and career through our best-in-class onboarding experience, ongoing learning opportunities, individual development planning, and comprehensive product training Prosper: Share in our collective success with a competitive salary, incentive pay, banking benefits, and health benefits program 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 during the application or interview process, 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 Conduct and Culture Risk Our CIBC risk culture is based on employees striving to exceed the expectations of ourselves and our leadership’s identification and mitigation of risks in their daily responsibilities, not just in quarterly or annual monitoring/assessments. We all are accountable for managing risk. As an employee of CIBC the incumbent must conduct themselves (and foster an environment for others) in a manner consistent with our strong risk culture. This includes: Following all aspects of the CIBC Code of Conduct, as well as all applicable CIBC policies, frameworks, guidelines, processes and controls At all times acting in accordance with our Purpose and shared values, to achieve our Bank’s strategic goals Understanding and following the qualitative and quantitative components of our Risk Appetite Statements Completing all annual Corporate Mandatory Training and Testing modules, as well as any additional business-specific modules, as required and employing the learnings in daily activities and undertakings Escalating matters through one of the appropriate channels identified in the CIBC Code of Conduct (i.e., HR, management, Ethics Hotline, Whistleblower, etc.) upon observing activities that may be inconsistent with CIBC’s policies, frameworks, guidelines, processes and controls, and where applicable, assist in the resolution of same Speaking up if witnessing behaviors that drive poor or unfair outcomes for clients, team members or other stakeholders Escalating matters that can result in adverse market practices and outcomes, thereby negatively impacting CIBC’s reputation as a leading financial institution. 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. Job Location 300 Madison Avenue Employment Type Regular Weekly Hours 40 Skills Capital Markets