Senior Analyst, Macro Research

CIBC; Toronto; On-site; CAD 103,000 - 133,000; Full time

Job summary

CIBC is seeking a Senior Analyst for Global Asset Management to shape applied macro research and currency perspectives. You will report to the Global Head of Research and contribute to decision-making across portfolio teams.

A base salary range is provided, with annual discretionary incentive opportunities. Ideal candidates bring seven-plus years of macroeconomic analysis experience, strong quantitative skills with Python and Power BI, and a CFA or progress toward.

Qualifications

• Seven years of experience producing high-quality macroeconomic or market analysis.
• Strong understanding of global macro dynamics, central banking, currencies, and capital markets.
• Proficient in Python and Power BI; use of quantitative models.
• Master’s degree in economics/related field; CFA asset.

Responsibilities

• Develop applied macro research and currency-focused portfolio perspectives.
• Provide high-quality research, recommendations, and investment insights.
• Turn research into actionable analysis for portfolio managers and clients.
• Ensure compliance with regulatory and internal policies.

Skills

Currency markets

Macroeconomic analysis

Python

Power BI

Investment research

Communication

AI in research

Team collaboration

Education

Master's degree in economics/finance/quantitative methods

CFA designation or progress toward

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

The Senior Analyst plays an important role in shaping CIBC Global Asset Management’s applied macro research and portfolio perspectives. As a core member of the Global Research team, you’ll report to the Global Head of Research and develop insightful research and strategy conclusions to inform the decision-making of various portfolio teams, with a particular focus on currency. 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.

The expected annualized base salary range for this role is $102,700 - $133,200. 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. In addition to base pay, compensation for this role includes participation in an annual discretionary incentive or bonus program. We are committed to providing fair, equitable, and competitive compensation opportunities for all employees and we encourage open conversation about compensation throughout the recruitment process.

How you’ll succeed

Provide high-quality, frequent, and timely research and recommendations, with a focus on currency markets. Assess global macroeconomic, policy, and market developments, interpret complex and sometimes conflicting signals, and identify the risks and opportunities that matter most for portfolio positioning. Turn rigorous research into informed and relevant investment insight. Produce clear, actionable and decision-ready analysis that helps portfolio managers assess scenarios, develop informed views, implement intentional and purposeful risk positions, and add value to client portfolios. Communicate with clarity and conviction based upon informed opinions. Apply models with judgment. Use econometric and quantitative tools to test ideas, challenge assumptions, and support currency research. Use AI as appropriate to enhance workflow efficiency. Demonstrate sound judgment under uncertainty, balancing analytical rigour with responsiveness as market conditions evolve. Meet regulatory and compliance requirements. Comply with all applicable CIBC and line-of-business policies, standards, guidelines, and controls, and maintain eligibility for registration with the relevant securities commissions across Canada.

Who you are

You bring strong market and macro experience. You have at least seven years of experience producing high-quality macroeconomic or market analysis within financial markets, with a strong understanding of global macro dynamics, central banking, currencies, and capital markets. You think like a strategist. You connect economic, policy, and market developments to investment implications, form independent views, and make well-supported recommendations in environments where information is incomplete and time matters. You use analytical tools effectively. You are proficient in quantitative and research tools such as Python and Power BI, and use models as part of a broader investment research process. You embrace innovation and AI. You are energized by emerging technologies and interested in applying AI to improve research depth, workflow efficiency, and communication. You communicate and influence well. You convey complex ideas clearly and succinctly, both in writing and verbally, adapt your message to different audiences, and contribute credibly to investment discussions. You demonstrate ownership and resilience. You take initiative, follow through on commitments, and deliver high-quality work under pressure, ambiguity, and limited guidance. You build strong relationships. You bring maturity, sound judgment, and strong interpersonal skills to a collaborative, team-oriented environment. You have strong academic credentials. You hold a master’s degree in economics, financial engineering, quantitative methods, or a related field. A CFA designation, or progress toward completion, is an asset. You live your values. You bring high standards, genuine care to your relationships, and want to grow with an employer that shares your values and brings out your best.

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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 aspire to give you a career, rather than just a paycheck. We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program*, defined benefit pension plan*, an employee share purchase plan, a vacation offering, wellbeing support, 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. We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development. *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 (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‑141 Bay, 18th Floor

Employment Type Regular

Weekly Hours 37.5

Skills

• Analytical Thinking
• Financial Analysis
• Investment Policy
• Investments
• Professional Presentation
• Researching
• Research Reporting
• Wealth 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, 48,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.