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 .
CIBC is a leading North American financial institution with 10 million personal banking, business, public sector and institutional clients. CIBC offers a full range of advice, solutions and services in the United States, across Canada and around the world. In the U.S., CIBC Bank USA provides commercial banking, private and personal banking and small business banking solutions and CIBC Private Wealth Management offers investment management, wealth strategies and legacy planning.
CIBC works to help you make your ambitions a reality with a team that is committed to being always professional, genuinely caring and collaborates to find simple solutions as we build our relationship-focused bank for the modern world.
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 of our team members can excel.
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 during your interview.
Job Description
This mid-level position is responsible for supporting the Community Development Team with Community Reinvestment Act (CRA) investments portfolio administration and management, including, but not limited to, preparing investment presentations for committee approval, community development financial analysis, and monitoring the investments portfolio.
What you'll be doing
- Financial Analysis & Reporting: Collect and analyze financial reports, including income statements, balance sheets, cash flow reports, quarterly reports, and capital account statements. Ensure compliance with financial regulations, policies, and other requirements. Develop and manage financial models for community development projects. Conduct due diligence, risk assessments, and analyze trends in community development funding, grants, and resources.
- Investment Activity Transactions Processing: Facilitate capital call and distribution payments. Process investment onboarding workflow tasks and systems recordkeeping.
- Stakeholder Engagement: Work with investment managers to coordinate data reporting collection. Provide financial analysis and insight in investment presentations to inform decision-making at leadership and committee levels.
- Collaboration & Team Support: Collaborate with CRA Investments team members and other departments such as finance, lending, and client specialists, to ensure financial alignment. Participate in community and customer engagement as well as bank-wide volunteerism activities.
Who you are
- Bachelor's Degree in community development, urban planning, real estate finance, accounting or related field required.
- Professional experience in community development finance, real estate finance, urban planning, or commercial banking required. Two to three years of progressive experience preferred.
- Commercial credit training or commercial banking experience strongly desirable.
- Advanced Excel, Word and PowerPoint skills preferred.
- Strong critical thinking ability; detail oriented; and able to independently manage multiple projects and timelines necessary for success.
- Excellent customer service and interpersonal skills, including verbal and written communications skills required.
- Knowledge of Community Reinvestment Act and community development finance preferred.
- Strong commitment to community development and relationship building is desirable.
What CIBC Offers
- 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
Job Location : IL-120 S LaSalle St
Employment Type : Regular
Weekly Hours : 40
Skills : Accounting, Analytical Thinking, Communication, Data Analysis, Financial Reporting and Analysis, Management Reporting, Microsoft Applications, Personal Initiative, Report Analysis, Researching
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