Associate, Portfolio Manager

Canadian Imperial Bank of Commerce (Canada); Winnipeg; On-site; CAD 70,000 - 100,000; Full time

Benefits offered by this job

Competitive salary

Incentive pay

Banking benefits

Benefits program

Pension plan

Share purchase plan

Vacation offering

Wellbeing support

MomentMakers program

Job summary

CIBC is seeking an Associate, Investment Counsellor I to assist with fiduciary investment management for complex high net worth clients. You’ll support portfolio analysis, research, and client relationship management while aiding in strategy development and trade recommendations.

The role emphasizes relationship building, business development, and strict adherence to compliance. Employment is Regular with a mix of on-site and interview-discussed remote work options.

Qualifications

• Degree or diploma in Business or Economics; Master’s degree is an asset.
• Experience in client servicing in a financial institution (4–6 years), preferably with high net worth clients.
• CFA Level I completed or Canadian Investment Manager designation with 24 months investment management experience.

Responsibilities

• Client Engagement: ensure CPIC clients receive fiduciary investment management, including portfolio analysis and client relationship management.
• Portfolio Management: support development and execution of investment strategies and reviews; assist in trade recommendations.
• Business Development: support Private Investment Counsel targets and win new CPIC clients.
• Relationship Building: maintain partnerships with colleagues and business partners.
• Compliance: ensure activities comply with policies and regulations.

Job description

What You’ll Be Doing

Reporting to the Executive Director and Regional Head, the Associate, Investment Counsellor I (AIC I), provides assistance to the Investment Counsellor in servicing the investment needs of complex, sophisticated, high net-worth clients. 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 at the time of your interview.

How You’ll Succeed

• Client Engagement - You will play a key role in ensuring that CPIC clients receive outstanding fiduciary investment management. This includes portfolio analysis, investment research/recommendations, asset allocation, and client relationship management.
• Portfolio Management - Support the development and execution of investment strategies and portfolio recommendations, monitor client portfolios, prepare portfolio reviews, assist in formulating trade recommendations and support efficient trade execution.
• Business Development - Support the Private Investment Counsel business in achieving business development targets and win new CPIC clients.
• Relationship Building - Establish and maintain effective partnership and teamwork with colleagues and other business partners.
• Compliance - Ensure day-to-day activities are compliant with policies, procedures, guidelines, and legislation/regulations.

Who You Are

You have a degree or diploma in Business or Economics. A master’s degree would be an asset.

You can demonstrate experience in a client servicing role in a financial institution (4-6 years), preferably related to high net worth clients.

You’re a certified professional. You have committed to the Chartered Financial Analyst program, have completed Level 1, and have 12 months of relevant investment management experience, which is preferred, OR you have received the Canadian Investment Manager designation and have 24 months of relevant investment management experience.

Other qualifications include:

• Excellent verbal and written communication skills.
• Strong interactive skills to convey complex information.
• Strong financial analysis skills and understanding of investments and markets.
• Sales management skills with ability to execute sales strategies effectively.
• High standards and genuine care in relationships.

What CIBC Offers

• Competitive salary
• Incentive pay
• Banking benefits
• A benefits program*
• Defined benefit pension plan*
• An employee share purchase plan
• A vacation offering
• Wellbeing support
• MomentMakers, our social, points-based recognition program

*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 [e-mail].

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. We use artificial intelligence tools during the recruitment process.

Job Location MB-Winnipeg, 1 Lombard Place, 10th Floor

Employment Type Regular

Weekly Hours 37.5

Skills Business Development, Client Service, Customer Experience (CX), Investment Advising, Portfolio Management, Service Delivery, Wealth Management

About CIBC

At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our business culture is 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.