Global Markets Equity Research, Winter 2027 Associate (4 months)

Praxy; Toronto; Hybrid; CAD 113,000 - 138,000; Full time

Job summary

CIBC is seeking MBA-level students to join its Global Markets Equity Research team in Toronto for a 4-month term (Jan 2027–Apr 2027). You’ll gain hands-on experience across Financial Institutions, Mining, and Technology coverage, supporting forecasting, research reports, and market analysis.

On-site role with compensation details provided during interviews. The program emphasizes strong quantitative skills, academic excellence, and teamwork, with a focus on building client relationships and

Qualifications

• Must be enrolled in an MBA or Master’s program with a graduation date no sooner than August 2027.
• Strong understanding of financial reporting preferred.
• Include resume, cover letter, and unofficial transcript with application in PDF format.

Responsibilities

• Join Equity Research within Global Markets and gain exposure to industry and sector coverage.
• Perform financial analysis, forecasting, and reporting for assigned coverage areas.
• Prepare research reports and present insights to teams and stakeholders.
• Collaborate with Sales, Trading, and Research to understand market dynamics and client needs.

Skills

Financial markets interest

Analytical skills

Quantitative skills

Teamwork

Communication

Education

MBA or Master’s program enrollment

Job description

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

As a member of the Global Markets team, you’ll be delivering innovative banking and investment solutions to CIBC’s retail, wealth and business clients including corporates, governments and institutional clients around the world. Our goal remains to be the leading Capital Markets franchise in Canada and to work as one team to build our brand across North America and the world - proudly living our values as we work toward our vision to be the leader in client relationships. CIBC is committed to a fair and inclusive work environment where diverse ideas and perspectives are valued.

Our Global Markets business comprises our Sales, Trading, Structuring and Research teams spanning cash and derivative products in foreign exchange, commodities, rates and equities in addition to securitization, money markets and more. We will also be leveraging our trading and technology to deliver innovative, market-leading payment and fintech solutions through our Alternate Solutions Group. We are widely recognized for our capabilities and leadership in these areas and remain committed to investing in technology and talent to advance our vision.

You’ll be joining our Equity Research team and will be provided the opportunity to gain experience in a variety of our industry and sector coverage teams:

• Financial Institutions
• Mining
• Technology

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 $125,000.

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.

• You must be currently enrolled in an MBA or Master’s program, with a graduation date no sooner than August 2027. Please indicate your expected graduation date on your resume.
• Students with a technical undergraduate or graduate degree (e.g. Mathematics, Engineering, Computer Science, etc.), along with a strong understanding of financial reporting preferred.
• Include your resume, cover letter, and your most recent unofficial transcript with your application. These should all be uploaded into the resume section of your application in a PDF format.

Work Location: Toronto.

Duration of work term: 4 months (January 2027 – April 2027)

This job posting closes on September 18th 2026, at 11:59 pm EST.

How you’ll succeed

• Passion for financial markets – Demonstrate strong technical, quantitative, and analytical skills, with keen interest in the financial markets and proven record of academic success, teamwork and extracurricular involvement.
• Project management – Take the lead with projects and tasks that will provide the opportunity to learn about the Capital Markets industry and to develop the skills required for solid financial analysis.
• Reporting and analysis - Gain valuable knowledge of the process involved in writing research reports, forecasting, researching and analyzing companies, industries, and market trends.
• Communication – Partner with your team to make an impact by applying a technical skillset to help generate insights and/or optimize processes. Showcase highly effective written, oral, and presentation skills with the ability to explain complex concepts.

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 have a proven record of academic success, teamwork, and extracurricular involvement.
• It’s an asset if you can show a strong understanding of financial reporting.
• You are organized and work gracefully under pressure. You can juggle multiple tasks and prioritize work to make timely decisions and take appropriate action.
• You're passionate about people. You find meaning in relationships and surround yourself with a diverse network of partners. You build trust through respect and authenticity.
• You give meaning to data. You enjoy investigating complex problems and making sense of information. You have highly effective written and oral communication skills as well as excellent presentation skills. You're confident in your ability to communicate detailed information in an impactful way.
• You understand that success is in detail. You notice things that others don't. Your critical thinking skills help to inform your decision making.
• 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 [email removed]
• 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.