Associate, Institutional Equity Research, Wholesale Banking

Employment type: Full-time
City: Toronto
Last visit: 2014-10-29
Author's ads: 1

Posted: 2014-10-29


Real opportunity to grow

As one of Canada's largest employers, CIBC offers a variety of career opportunities. Our people are the key to achieving our vision of being the leader in client relationships, which is why we work hard to create an environment where all employees can excel.

We are proud to have been recently recognized as Strongest Bank in Canada, Strongest Bank in North America, and third Strongest in the world. We have also been named one of Canada's Best Diversity Employers, a Best Employer for New Canadians, one of Canada's 10 Most Admired Corporate Cultures and one of the 50 Most Socially Responsible Corporations in Canada. In addition, we have eight strong Employee Affinity Networks focused on supporting the professional and personal development of more than 3,000 members

Take a moment to picture yourself working for one of Canada's leading financial institutions, where a spectrum of possible career paths offers you remarkable choice, flexibility - and a real opportunity to grow.

Explore the possibilities


Institutional Equity Research

Wholesale Banking

CIBC is a leading Canadian-based global financial institution. Through our three major businesses - Retail and Business Banking, Wealth Management and Wholesale Banking - we provide a full range of financial products and services to 11 million individual, small business, commercial, corporate and institutional clients in Canada and around the world. We invest in our businesses, our clients, our people and our communities to deliver consistent and sustainable earnings to our shareholders. To learn more about CIBC's Lines of Business, please visit our website.

CIBC focuses on what matters to our employees - access to career and development opportunities, safe and healthy workplaces, effective training, and positive work-life balance - so that employees are able to perform at their best, contribute to their communities and focus on cultivating deeper relationships with our clients.

Every year, CIBC is recognized for its business success, community commitment and employee initiatives. We are proud of this success and are committed to creating an inclusive workplace and an environment where all employees can excel.

To learn more about CIBC and the CIBC Group of Companies please visit


Job Overview

CIBC wholesale Banking

The wholesale banking arm of CIBC provides corporate, government and institutional clients with innovative solutions to help them raise capital, and grow and invest actively throughout North America and key financial centers around the world. To deliver on its mandate to be the premier client-focused wholesale bank in Canada, CIBC's wholesale banking business focuses its strengths to deliver outstanding service and value to its clients. Our mission is to bring Canadian Capital Markets products to Canada and the rest of the world, and also bring the world to Canada.

Institutional Equity Research


The Equities team at CIBC wholesale banking understands what institutional investors value most: original ideas, top service and performance. Whether it's Bay Street or Wall Street, CIBC World Markets Inc. is there with the depth and breadth of product to advise on and execute the decisions of the investment community anywhere in North America.

Job Requirements

As an Associate the incumbent will work closely with the Research Analyst covering Strategic and Quantitative Analysis. In the role, you will gain valuable experience developing and maintaining financial models and databases, and researching strategic and quantitative factor performance for stock-selection, industry rotation and country/asset-class selection, among other projects. The incumbent will have an opportunity to work directly with the Analyst on research projects and the publication of research reports, and can expect to provide support for the production of research reports, create and build quantitative analysis models and tools, and research and back-test equity investment strategies.

What We're Looking For

Successful candidates must exhibit CIBC's values of trust, team work, and accountability

We are seeking highly motivated, results-driven, and accomplished candidates who should demonstrate the following:

. Please include a writing sample along with your cover letter, resume and transcripts (if recent graduate)

. Education: preference is given to candidates who possess an undergraduate degree in economics, mathematics, or engineering. An MBA, CFA, or university degree in business, economics, and/or capital market theory would be a further asset.

. Strong background in mathematics/statistics and finance is required

. Excellent knowledge of standard business PC applications (i.e. Excel, Word, PowerPoint, Access, Compustat or SQL Server and other database software products.

. Ability to understand detailed financial and statistical analysis

. Excellent analytical and quantitative skills

. Excellent verbal and written communication skills

. Solid interpersonal skills to deal effectively with internal and external clients

. Strong multi-tasking and time management skills

. A self-starter with an ability to work independently in a deadline oriented environment

. Demonstrated interest in capital markets industry through school courses, clubs and/or related work experience


Other Information

. Often required to work beyond normal business hours.

. Required to make frequent decisions in a fast paced work environment

CIBC is committed to providing employees with competitive compensation that reflects individual contribution, business performance and the markets in which we compete for talent. We pay-for-performance; employee total compensation is linked to CIBC's goals and performance.

Total compensation is made up of several components that may include base salary, cash incentive awards, commission earnings, and deferred equity awards as well as pension and benefits. Join CIBC and share the success of the business.

CIBC is an equal opportunity employer. It is the Company's policy to recruit and select applicants for employment solely on the basis of their qualifications, with emphasis on selecting the best-qualified person for the job. CIBC does not discriminate against applicants based on race, color, religion, sex, national origin, or disability or any other status or condition protected by applicable federal, state or local law.

Rewards and Recognition


At CIBC, we're committed to providing employees with fair and competitive compensation that reflects individual contribution, business performance and related markets. Our total compensation programs are comprised of direct and indirect components. Together they reward employee capability and performance and promote employee well-being.


Employee Share Purchase Plan

Employee Banking Offer


At CIBC, there are formal and informal methods available to acknowledge employee and team contributions throughout the year. Formal recognition programs recognize outstanding performance by individuals and teams at CIBC. CIBC's formal programs include the CIBC Achievers Program, eAchievers and the Chairman's Council and President's Council Awards in Wood Gundy. We developed these programs to reward those who demonstrate our core values of Trust, Teamwork and Accountability.

Industry: Financial Services and Banking

Job Function: Financial Services