Temporary Analyst, Corporate Banking (1 Year Contract)

Job description

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 (https://www.cibc.com/en/about-cibc.html)

BUSINESS UNIT DESCRIPTION

Corporate Banking in Asia is the division within Capital Markets which is responsible for originating, and managing investment and non-investment grade lending and credit-related products for CIBC Capital Market’s corporate clients in specific industry sectors (namely infrastructure, energy, power & utilities, mining/natural resources and selected diversified industries) and specific regions

JOB PURPOSE

Reporting to the Director, Corporate Banking Asia, the successful candidate will provide credit analysis, documentation and transactional support within Corporate Banking and assists with managing existing credit relationships with CB HK’s clients.

This necessitates maintaining an awareness of the client, company, industry, regulatory issues, relevant economic/political trends and client needs as well as tailoring coverage and financing solutions to meet client needs.

KEY ACCOUNTABILITIES

+ Assist in credit and financial analysis, both for existing clients and on new financing opportunities
+ Assist in research and analysis of information and draft credit proposals
+ Assist in liaising with officers of Operations, Settlement, Financial Control, Technology, Legal, Financial Crime Compliance, Client Services and Corporate Banking Business Management group
+ Assist in liaising with other units of CIBC, including Risk Management in preparing credit reviews and proposals for clients’ financing needs
+ Assist in liaising with existing relationships with CB HK’s clients, as well as potential clients
+ Assist in day-to-day management of credit files, including annual reviews, monthly and ad hoc updates required.

Ensures that CIBC’s lending activities with local clients align with CIBC’s AML/KYC due diligence process.
+ Work with the Director to ensure the KYC and AML procedures for new account opening and periodic review of existing account management compliance.

Assists in transaction monitoring tasks/reports.
+ Support the Director for day-to-day account management and deposit booking.
+ Support the Director to develop new client relationships to generate loan commitments

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 as well as confidentiality

**KNOWLEDGE AND SKILLS**

+ Bachelors degree in Business
+ Excellent analytical ability including demonstrated knowledge of valuation techniques and practices, including cash flow analysis
+ Ability to work well in a team environment
+ Thorough understanding of Corporate Finance theories and practices, financial analysis skills, including financial modeling capability using Excel
+ High proficiency in MS Office applications (MS Word, Excel, PowerPoint, Outlook) and strong data analysis skill
+ Good understanding of financial statements and accounting principles
+ Demonstrated organizational skills in order to respond to shifting priorities on several simultaneous projects
+ Demonstrated job commitment including a willingness to work extended hours and personal flexibility and adaptability in order to meet client and organizational requirements
+ Basic understanding of financial models to assist in structuring transactions and perform sensitivity analysis
+ Basic understanding of derivative products for cross-selling opportunities
+ Written and spoken fluency in English is a must, Mandarin and Cantonese preferred
+ Excellent interpersonal, presentation, oral and written communication skills in order to convey factual and conceptual information to others and promote the interests of CIBC

**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**

2 Queens Road Central

**Employment Type**

Temporary (Fixed Term)

**Weekly Hours**

37.5

**Skills**

Capital Markets, Corporate Finance, Credit Analysis, Due Diligence

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 44,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.

Required Skill Profession

Other General