• Financial Analyst II

    Job Location US-IL-Chicago
    Posted Date 2 months ago(2 months ago)
    # of Openings
  • Overview

    CIBC provides tailored commercial, wealth management, personal, and small business financial solutions in the United States through 46 offices in 18 states, as well as cross-border banking services to clients with North American operations. Learn more at cibc.com/US.


    CIBC is a Toronto-based, global financial institution with a 150 year history, serving 11 million personal and business clients. We invest in our businesses, our clients, our people and our communities to deliver consistent and sustainable earnings to our shareholders. 


    CIBC delivers 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.


    CIBC Bank USA is an Equal Opportunity Employer M/F/Disability/Veteran


    Provide analytical financial support to assigned Line of Business (s) and Support Groups. Position involves interacting closely with employees of assigned groups and managing their financial planning, reporting and analytical needs. The incumbent will extract, analyze and report on data at the Primary Line of Business level, Profit Center level and Client level. Analysis will provide valuable decision support information to the Bank’s Executive Management team and provide a pivotal role in ensuring assigned Line of Business achieves their financial goals. The successful applicant will work closely with Line of Business Executive and their staff to provide performance measurement and solid financial guidance.  The ability to interact and manage successful and effective relationships at all levels throughout the organization is a critical component of this position.


    Essential Duties: The incumbent will be responsible for providing financial analysis and managing the budgeting/forecasting process for assigned areas as well as all miscellaneous reporting related to Wealth Management, client penetration, cross-sell and detailed financial performance.  This position is part of a larger coordinated team where ability to meet deadlines is essential.  Familiarity with management reporting concepts such as Funds Transfer Reporting, Client Level Profitability and variance analysis is a necessity as is numeracy and core analytical skills.  The candidate we seek will have managerial responsibilities, be involved in strategy, make formal presentations, and be a strong partner to the supported lines of business. Working knowledge of GAAP, IFRS and prior financial forecasting experience is preferred. 


    Required Skills:


    • Proficient with Microsoft Excel, Access and common add-ins such as Essbase (Oracle based).
    • Knowledge of profitability drivers within the financial services industry and management accounting processes a necessity.
    • Ability to manage relationships effectively at all levels throughout the organization is critical.
    • Ability to manage multiple tasks/projects and prioritize in a dynamic environment.
    • Strong work ethic and an inquisitive & analytical mind with a demonstrated ability to provide and interpret financial information.
    • Minimum of 3-5 years experience in a similar role, preferably within Financial Services Industry.
    • College dregree.


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