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 The Capital Markets division at CIBC delivers innovative solutions to corporate, government, and institutional clients throughout North America and key financial centres globally. As an Associate in Institutional Equity Research, you’ll join the Equities team, which is dedicated to providing original ideas, exceptional service, and performance to institutional investors. In this role, you’ll work closely with the Research Analyst covering the Real Estate or Industrials sectors. You’ll develop and maintain financial models and databases, and other critical administrative tasks. In addition, you will develop and deepen foundational knowledge in equity research and capital markets, support the Research Analyst in industry and company analysis, and contribute to research and client deliverables while building skills in financial modelling, reporting writing and forecasting. At CIBC we enable the work environment most optimal for you to thrive in your role. To successfully perform the work, you’ll be on-site full-time. The expected annualized base salary for this role is $100,000. The base salary is determined by a variety of factors, including the candidate’s skills, experience, and job-related knowledge, as well as geographic location and specific business needs. Our compensation philosophy supports ongoing growth and development, enabling progression within the salary range as team members advance in their roles. In addition to base pay, compensation for this role includes participation in an annual discretionary incentive or bonus program. We are committed to providing fair, equitable, and competitive compensation opportunities for all employees and we encourage open conversations about compensation throughout the recruitment process. How You’ll Succeed Research & Analysis – Assists the Research Analyst in preparing research reports, presentations, and supporting materials. Building foundational knowledge and skills related to the sectors and companies under coverage. Executes assigned research tasks, including updating financial models, forecasting of company cash flows and earnings, inputting and analyzing data, conducting channel checks with industry contacts, and sector databases, with guidance from Analyst and Senior Associates. Monitors news, market developments, and research consumption trends relevant to covered companies and sectors, escalating significant findings to the Analyst and identifying high-readership topics for further exploration. Maintains records of research data, documentation, and historical reports in accordance with team protocols. Operates financial software and research tools (e.g., Excel, Bloomberg, FactSet) to assemble and analyze data as required. Report Writing – Prepares draft sections of research reports and presentations, ensuring accuracy and adherence to templates, with Analyst review. Client Engagement – Participates in presentations and client meetings as required, under Analyst supervision. Collaboration – Communicates with the sales & trading desk about significant company or industry developments, under direction from the Analyst. Attention to Detail – Verifies the accuracy of data inputs, calculations, and report content, flagging discrepancies for Analyst review. Ensures all work is completed accurately, on time, and in compliance with CIBC policies and procedures. Who You Are You’re a certified professional. You hold a Bachelor of Commerce degree in Finance or business-related discipline preferred. Enrollment in the CFA program (or the designation) would be an asset. You can demonstrate one to two years of relevant experience and interest in Capital Markets through education. As well as excellent knowledge of PC applications (i.e. Excel, Word, PowerPoint, Access). AI, programming and automation skills are also valued. You demonstrate interest in the capital markets industry through school courses, clubs and/or related work experience. You're motivated by collective success. You know that teamwork can transform a good idea into a great one. You know that an inclusive team that enjoys working together can bring a vision to life. You know that details matter. You notice things that others don't. Your critical thinking skills help to inform your decision making. 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 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 CIBC is committed to clarity in our hiring process. All roles posted are opportunities we’re actively recruiting for, unless stated otherwise. 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 test (such as simulation, coding, French proficiency). We use artificial intelligence tools during the recruitment process. 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-161 Bay St., 4th Employment Type Regular Weekly Hours 37.5 Skills Analytics Insights, Business Direction, Client Service, Collaboration, External Clients, Finance, Financial Analysis, Global Market, Marketing Strategies, Portfolio Management, Researching, Sales, Structured Products, Written Communication 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 48,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.