Global Investment Banking Analyst, Summer 2027 Advancement Program

Canadian Imperial Bank of Commerce; Toronto; On-site; CAD 95,000 - 116,000; Full time

Job summary

Canadian Imperial Bank of Commerce (CIBC) invites undergraduates to join the Global Investment Banking Advancement Program in Toronto. This on-site fixed-term program blends real deal exposure with structured mentorship and learning across equity and debt underwriting and advisory services.

The two-year program features paid Summer 2027 and Summer 2028 work terms, networking, and opportunities for progression to full-time roles.

Qualifications

• Scheduled to complete undergraduate program no sooner than December 2028.
• Identify as a member of underrepresented communities as listed.
• Pursuing an undergraduate degree in Commerce, Mathematics, Engineering, Economics or related.

Responsibilities

• Provide analytical, research and presentation support to the team.
• Assist with mergers & acquisitions, divestitures, equity and debt financings.
• Build relationships across the firm and participate in mentoring and training.

Skills

Research

Analytics

Project management

Relation ship management

Education

Undergraduate student in Commerce/Math/Engineering/Economics

Tools

Microsoft Excel

PowerPoint

Job description

What you’ll be doing

As a student on our Global Investment Banking team, you will be making a real difference to our clients by helping to provide customized financing and advisory solutions. With offices located in Canada, the United States, Europe, Asia and Australia, our Global Investment Banking group provides equity and debt underwriting as well as corporate finance advisory services to corporations and institutions through a number of industry and product groups. This is a great opportunity to be a part of a group of professionals ranging from Analysts to Managing Directors who are dedicated to advising clients.

You will be working in one of the following industry or product groups within Investment Banking:

• Global Diversified Industries
• Energy, Infrastructure and Transition
• Financials & Private Capital
• Real Estate Equity Capital Markets
• Mergers & Acquisitions
• Technology & Innovation Debt Capital Markets

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 $105,000. 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. 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.

The Advancement Program

CIBC is focused on developing and retaining top talent within the industry. The Global Investment Banking Advancement Program is one of our newest initiatives to connect post-secondary top talent to exciting CIBC career-building opportunities! If you are a 2nd year undergraduate student from one or more groups traditionally under-represented in financial services, including people of colour, members of the Black Community, Indigenous people (i.e., First Nations, Métis or Inuit Peoples), persons with disabilities, members of the LGBTQ+ community, and/or women, the Investment Banking Summer Advancement Program will give you the opportunity to accelerate your career development over a two-year program. The two-year Advancement Program is structured with the following components:

• Mentorship and career development programming from November 2026 – April 2027. The program will consist of virtual monthly group learning sessions with senior leaders, as well as one-to-one mentoring with an Investment Banking team member. This is an opportunity for you to learn from and be mentored by members of the Global Investment Banking team and is not a paid work term.
• Summer 2027 IB Analyst Internship comprising of the formal work term within the Global Investment banking team [May to August 2027; paid work term]. Upon successful completion of the Summer 2027 work term, join CIBC for a second Global Investment Banking Internship during Summer 2028 [May to August 2028; paid work term].

Through the Investment Banking Summer Advancement Program, you will also have the opportunity to:

• Gain business knowledge and leadership skills through formal training and hands‑on experience.
• Learn through program-only sessions with leaders from various areas of Capital Markets.
• Build your professional network with direct support from leaders in Investment Banking through a formal mentorship program.
• Successful completion of the full two-year program secures you advanced eligibility to future full-time Investment Banking opportunities.

Program eligibility

To qualify for this program, you must match the following criteria:

• You are scheduled to complete your undergrad program no sooner than December 2028.
• You identify as a member of the following communities: women, Black community, First Nations, Métis or Inuit, persons with disabilities, and/or LGBTQ+ community.
• You are enrolled in an undergraduate degree in Commerce, Mathematics, Engineering, Economics or related at the time of the internship.

Duration of development programming prior to work term: 6 months (November 2026 – April 2027)

Duration of Work Terms: 4 months (May 2027 – August 2027) plus 4 months (May 2028 – August 2028).

This job posting closes on September 27th at 11:59PM EST. Applications may be reviewed on a rolling basis.

How you’ll succeed

• Research and Analytics – Provide a broad range of analytical, research and presentation preparation support to the team.
• Project Management – Assigned to a variety of transactions and advisory projects such as mergers & acquisitions, divestitures, equity and debt financings, strategic advisory/alternatives projects and full capital structure solution projects.
• Relationship Management – Gain exposure to working with individuals from various groups across the firm and our team approach to executing coverage and financing assignments is designed to provide progressive on the job training.

Who you are

You have demonstrated interest in Capital Markets. You are highly motivated, accomplished and a success-oriented individual who has a keen interest in pursuing a career in the financial services industry demonstrated through school courses, clubs and/or related work experience. You understand success is in the details. You can multi-task with the best of them, constructively push the status quo, and deliver competing project-based and operational demands in a dynamic environment. You're driven by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to bring a shared vision to life. You’re digitally savvy. Your analytical skills are top notch and combine them with strong technical and computational skills help complete financial and data analysis. You practice effective communication. Your verbal and written communication skills are second to none which allow you to be able to explain complex concepts in a meaningful way. You're driven to succeed. You are motivated by accomplishing your goals and delivering your best to make an impact. Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.

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 work to recognize you in meaningful, personalized ways including a competitive compensation, a banking benefit*, wellbeing support, and additional offers such as employee and family assistance programs 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.

*Subject to 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 (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: Temporary (Fixed Term)

Weekly Hours: 37.5

Skills: Analytics, Data Analytics, Interpersonal Relationships, Investment Banking, Leadership, Mentorship, Microsoft Excel, PowerPoint Presentations, Project Management, Teamwork, Time Management

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 48,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.