Commercial Banking Associate (New Grads only)

CIBC; Whitehorse; On-site; CAD 65,000 - 70,000; Full time

Job summary

A leading Canadian bank is seeking a Commercial Banking Associate in Whitehorse, Yukon. The role involves assisting in client relationships, delivering business solutions, and participating in business development initiatives. Ideal candidates are in their final year of business-related studies and have a passion for client engagement and financial analysis. Competitive salary and benefits offered.

Benefits

Competitive salary and benefits

Defined benefit pension plan

Employee share purchase plan

Paid vacation and wellbeing support

Qualifications

• Experience understanding financial statements and accounting principles.
• Knowledge of commercial banking products is a plus.
• Strong communication and relationship-building skills.

Responsibilities

• Assist Commercial Banking Managers with client relationships.
• Participate in business development initiatives.
• Conduct research evaluating business growth opportunities.

Skills

Business Banking

Business Development

Client Service

Portfolio Management

Education

Degree/diploma in Business, Finance, Accounting

Job description

Overview

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

When you become a Commercial Banking Associate, you will join a team that has helped businesses reach their full potential for more than a century. Through a structured and comprehensive training program that includes classroom and on-the-job training, you will learn how to deliver flexible business solutions and provide dedicated and timely business expertise to help clients realize their goals.

The Commercial Banking team supports our account teams through client acquisition, relationship management and transactional support for client-specific financing solutions. As an associate, you will learn the products, processes, networks and functions to enable you to progress to the Relationship Manager role and oversee your own portfolio of clients.

You will assist Commercial Banking Managers with existing client relationships and new financing transactions by providing quality financial and industry analyses as part of the deal team. You will participate in all activities through the sales cycle to prepare you for the Relationship Manager role. You will also assist with business development initiatives focused on meeting growth targets and identifying business opportunities and financing solutions to meet client needs.

You’ll begin with Orientation Activities to help you acclimate to the team and role, gaining hands-on experience to rise to the challenge. You will complete a number of training sessions related to the role, including credit structuring, risk assessment and cash management, with ongoing coaching and mentoring from leaders and a Program Manager who will lead virtual learning sessions and guide Associates through the program.

You’ll have opportunities to develop soft skills such as business development, negotiation and networking.

Important information

• You must be in your final year of post-secondary education pursuing a degree/diploma in Business, Finance, Accounting, or related fields with an expected graduation date before May 31, 2026.
• Applications should include your resume (no more than 2 pages), cover letter (no more than 1 page) and academic transcript uploaded as 1 document to the “Resume/CV section” of the application.
• Work location: Exact city of work location will be confirmed later during the interview process taking into account the selected candidates’ preference. Mobility is an asset. Primary location is Whitehorse, Yukon but candidates from other regions will be considered.

At CIBC we enable the work environment most optimal for you to thrive in your role. This role will be in office with occasional off-site meetings with clients. Salary Range for this role is $65,000 - $70,000.

How you'll succeed

• Client Engagement - Connect on a personal level to make every interaction meaningful. Provide administrative support to ensure client needs are met and respond to requests with exceptional service.
• Relationship Building - Increase CIBC brand awareness in your community by attending local events and participating in marketing and outreach activities. Grow your network to create lasting connections that generate future opportunities and connect clients with the right opportunities.
• Research & Evaluation - Assist in evaluating business growth opportunities through industry, client and prospect research. Prepare analyses in support of credit submissions including structuring and documentation.
• Innovation - Help solve problems and find solutions, often going above and beyond to reach a resolution.

Who you are

• You have experience in the field and understand financial statements and accounting principles, including valuation techniques and cash flow analysis. Knowledge of commercial banking products and services is a plus.
• You are data-driven and enjoy researching business growth opportunities, organizing analysis to support credit submissions including structuring and documentation.
• You are passionate about people, enjoy building relationships, and engage in marketing and outreach to develop new relationships.
• You collaborate well with a team and help provide guidance on treasury and cash management solutions that meet client needs.
• You put clients first, proactively assessing needs and proposing solutions to deliver best-in-class service and proposals.
• You are goal-oriented and focused on delivering results for clients and the team.
• You are a skilled communicator, open to ideas, and able to listen and engage effectively with coworkers.
• You value inclusion and bring your whole self to work, contributing to an empowering culture.

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.

• Competitive salary and benefits, including banking benefits, a benefits program, a defined benefit pension plan, an employee share purchase plan, paid vacation and wellbeing support.
• A collaborative environment with tools to create innovative solutions for clients.
• Initiatives that support growth and development, including Purpose Day (a paid day off for growth and development).
• Subject to plan and program terms and conditions.

What You Need To Know

• CIBC is committed to an inclusive environment. We welcome applicants with a wide range of abilities and provide an accessible candidate experience. If you need accommodation, please contact [e-mail].
• You must be legally eligible to work at the specified location(s) and, where applicable, have a valid work or study permit.
• We may ask you to complete attribute-based assessments and other tests (e.g., simulations, language, MS Office). The goal is to learn more about you and help you learn about us.

Job Location: Whitehorse

Employment Type: Regular

Weekly Hours: 37.5

Skills

Business Banking, Business Development, Business Opportunities, Client Service, Customer Experience (CX), Lending, Portfolio Management