Private Banking Associate Co-op – Winter 2027

CIBC US; Toronto; On-site; CAD 52,000 - 60,000; Full time

Job summary

CIBC in Toronto, ON is seeking an Associate Co-op, Private Banking to provide administrative and sales support to Private Banking Advisors while delivering excellent client service. This on-site, four-month term focuses on lending, borrowing, investing and daily banking needs for clients.

You must be enrolled in post-secondary studies and eligible for a full-time study period; familiarity with loans, mortgages and investments is a plus.

Qualifications

• Currently enrolled in post-secondary education and returning to full-time studies.
• Willingness to engage in attribute-based assessments and skills tests (e.g., French proficiency, MS Office).
• Ability to understand loan, mortgage and investment products to respond to client inquiries.

Responsibilities

• Greet clients and arrange meetings with Private Banking Advisors.
• Assist with client inquiries and day‑to‑day banking tasks including wires and payments.
• Support Private Banking Advisor in portfolio administration and regulatory compliance.

Skills

Client service

Attention to detail

Critical thinking

Education

Post-secondary education enrollment

Tools

MS Office

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

You will provide administrative and sales support to one or more Private Banking Advisors. As an Associate Co‑op, Private Banking, you will provide exceptional service to Private Banking clients by assisting them with their transactional banking needs and responding to their queries. This could include lending, borrowing, investing or commercial lending needs. 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 range for this role is $51,500 to $60,200.

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.

Important information

We may ask you to complete an attribute-based assessment and other skills tests (such as simulation, coding, French proficiency, MS Office). 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.

You must be currently enrolled in post-secondary education and returning to full-time studies to be eligible. However, you do not need to be in a registered Co‑Op program to be considered for a role.

Work Location: Toronto, ON.

Further clarity on the work location will be provided at the time of your interview.

Please note all employees must work within their current jurisdiction and must reside within Canada.

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

How you’ll succeed

• Client Service – Greet customers arriving for meetings and arrange contact with appropriate individual.
• Effectively deal with any client issues, concerns or problems promptly or refer to others as appropriate.
• Service the financial needs of existing clients when the Private Banking Advisor is not available (including sale of high value products and services within established guidelines).
• Operational Excellence – Respond to incoming telephone calls and clients requests to process wires/cables and visa, tax and bill payments, and ensure requests get completed.
• Manage all fax requests for money orders, drafts, currency exchanges, etc. and ensure all requests are ready for customer to pick up in the branch.
• Complete complex investigations for clients concerning account activity.
• Sales Support – Support Private Banking Advisor in the management of their portfolios by reviewing all customer documentation with respect to compliance with regulations and bank policies.
• Coordinate communication to customers regarding obtaining necessary financial information for completion of credit renewals, reviews and temporary overdraft protection.
• Monitor diary for upcoming maturities/renewals/expiries and advise the Private Banking Advisor.
• Administrative Support – Assist the Sr. Team Leader, Wealth Client Services or Manager, Private Banking Operations in rolling out special marketing or client events, and ensure the marketing material is current.
• Carry out a range of activities related to building and maintaining deposits as well as investment accounts.
• Process look‑ups and provide information on accounts, loans and process cheque orders, and input credit details and loan notes into system.

Who you are

You put our clients first. You engage with purpose to find the right solutions. You go the extra mile, because it's the right thing to do.

You can demonstrate experience with loan, mortgage, and investment products sufficient to respond to general customer inquiries.

Working knowledge of branch routine and operations of other departments and CIBC partners, sufficient to address client inquires adequately and/or refer to appropriate source.

You understand that success is in the details. You notice things that others don't.

Your critical thinking skills help to inform your decision making.

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.

Expected End Date 2027-04-23

Job Location Toronto-150 Bloor St W, 5th

Employment Type Temporary (Fixed Term)

Weekly Hours 37.5

Skills Banking, Business Education, Critical Thinking, Customer Service, Finance Education, Office Administration, Self-Starter

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.