Associate, Mergers & Acquisitions (Global Investment Banking)

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 

CIBC Capital Markets provides corporate, government, and institutional clients with innovative solutions to help them raise capital, and grow and invest actively throughout North America, Latin America, and key financial centres around the world. Our mission is to bring Canadian Capital Markets products to Canada and the rest of the world, and also bring the world to Canada. CIBC Capital Markets Mergers & Acquisitions group of professionals are dedicated specifically to advising clients on mergers, acquisitions, joint ventures, hostile takeovers, buyouts, takeover defense and restructurings.  There is an extensive amount of interaction with other groups within the firm in order to provide clients with customized financing and advisory solutions.

You will be expected to provide a broad range of analytical, research and presentation preparation support to all the professionals within the group as well as mentoring the group’s analysts. As part of the M&A group, you will gain exposure to working with individuals from various groups across the firm. A team approach to executing coverage and financing assignments is designed to provide progressive, on-the-job training. The role of an Associate within CIBC’s Mergers & Acquisitions (M&A) Investment Banking group is challenging and fast-paced.  It requires dedication, a passion for excellence, and an exceptional work ethic.

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 $135,000.

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

• Client Proposals - Assist in analyzing and developing proposals to clients and potential clients for mergers, asset or company divestitures or acquisitions, and other financial products and advisory services
• Transaction Execution – Take a lead and active role in day-to-day transaction execution across sell-side, buy-side, fairness opinions, and other strategic assignments
• Financial Modeling - Develop and audit sophisticated financial models
• Collaboration - Participate in cross-functional teams and liaise with other units of CIBC Capital Markets in executing mandates or preparing proposals for clients
• Research - Prepare industry and financial analysis to determine client recommendations
• Analysis - Lead industry comparables and precedent transaction analyses
• Due Diligence - Assist in company due diligence investigations
• Marketing Materials - Prepare confidential offering memoranda and other marketing materials
• Relationship Building – Take advantage of in-depth technical and industry knowledge, as well as the geopolitical environment to generate ideas/opportunities that can be discussed with the relevant relationship manager and/or deal/coverage team. Coordinate client-focused and/or deal-focused “brainstorming” sessions with relevant team members and product specialists. Liaise with other units of CIBC Capital Markets in preparing proposals for clients. Develop relationships and actively communicate with various appropriate contacts at the client. Develop and maintain an internal network with product groups, other business groups, etc. Develop and maintain an external network with the market (i.e. key stakeholders, prospects, etc.) and support CIBC’s image through involvement in community activities
• Client Engagement – Play an active role in the execution of client mandates. Conduct deal-related due diligence activities and present findings internally. Work with outside working group members including legal advisors, accounting advisors, auditors, etc. Responsible for the overall information and communication flow on deal teams.
• Mentoring - Assist in the development of the M&A group’s analysts.

                       

Who You Are

• You MUST possess previous Investment Banking or M&A transaction advisory experience to be considered for this position. Detailed, professional-level knowledge of Canadian M&A processes across different mandate types (sell-side, buy-side, etc.) is considered an asset.
• You have completed an undergraduate degree in Finance or Engineering. Completion of a CPA or CFA, is beneficial.
• You know that details matter.  Extremely dedicated and motivated individual with high career aspirations. Must be capable of assuming high levels of responsibility within short time frames.  Ability to work well under pressure with multiple or competing deadlines while maintaining meticulous attention to detail. Must be able to accept flexibility in required personal time commitments to complete work assignments.
• You can demonstrate technical skills (Programs, Methodologies, Systems). Excellent analytical abilities, including demonstrated knowledge of valuation techniques and practices. Knowledge of accounting principles relating to financial statement preparation and business combinations. Strong technical skills as it relates to Microsoft Office applications (Excel, Word, PowerPoint), industry technology (Bloomberg, Factset) and applicable software.
• You have advanced internal and client-focused communication skills. Excellent oral and written communication skills are important to ensuring smooth transaction execution and timely delivery of materials. Ability to comfortably liaise with equivalent professionals on the client side is considered a strong asset.
• You’re motivated by collective success. Well-developed interpersonal and relationship-building skills in order to develop, manage and leverage relationships with clients, and internal and/or external business partners. Well-developed written and verbal communication skills sufficient to provide detailed explanation and interpretation of factual and conceptual information and ideas related to complex technical and conceptual issues. Unquestioned professionalism, ethics and reputation and proven ability to exercise strong independent judgment when making business decisions and/or representing CIBC Capital Markets.

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., 6th

Employment Type

Regular

Weekly Hours

37.5

Skills

Advisory Services, Analytical Thinking, Customer Experience (CX), Financial Modeling, Financial Research, High Net Worth Individuals, Investment Banking, Investment Valuation, Private Equity, Wealth Management