Senior Credit Analyst, Portfolio Management & Research

Canadian Imperial Bank of Commerce; Toronto; On-site; CAD 80,000 - 120,000; Full time

Job summary

The Canadian Imperial Bank of Commerce is seeking a Senior Credit Analyst for their Toronto office. In this role, you will contribute to credit research and provide investment recommendations to Fixed Income Portfolio Managers, leveraging your expertise in credit analysis and capital markets. The ideal candidate will have a strong background in finance or related fields, with the ability to analyze complex financial information and communicate insights effectively. CIBC creates an inclusive work environment and is committed to employee development and recognition.

Benefits

Competitive compensation

Banking benefits

Wellbeing support

Employee and family assistance programs

Qualifications

• 3+ years fixed income research and analysis experience.
• Strong understanding of capital markets and debt analysis.
• Ability to work under pressure in a trading environment.

Responsibilities

• Develop actionable investment recommendations based on credit fundamentals.
• Engage in dialogue with Portfolio Managers and collaborate with Credit Team members.
• Communicate insights and recommendations effectively to stakeholders.

Skills

Analytical Thinking

Decision Making

Financial Analysis

Fixed Income Investments

Researching

Education

Undergraduate or graduate degrees in management, finance, accounting, or STEM

Completion of CFA preferred

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 will be doing

As a Senior Credit Analyst you will be integral to CIBC Asset Management fixed income security selection and member of the Fixed Income Team reporting to the Head of Credit Research. You will contribute to the credit research of investment grade credit and high yield. You will provide the Fixed Income Portfolio Managers in-depth advice and consultation of a tactical and strategic nature regarding sector credit exposures and security selection. You will be responsible for developing and maintaining the investment thesis.

Recommendations emanating from research will drive investment decisions and contribute to achieving portfolio target value added objective from security selection through ongoing dialogue with our Fixed Income Portfolio Managers, and presentations to the Credit Committee.

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.

How you will succeed

• Investment Recommendations - Develop clear actionable investment recommendations based on underlying credit fundamentals and relative value. Differentiate and monitor key drivers for outperformance of industries and companies. Clearly articulate recommendations and views on a timely basis based on rigorous analysis. Develop and maintain financial models and forward-looking estimates for the companies under coverage.

• Collaboration - Engage in an open and ongoing dialogue with Portfolio Managers, and other Credit Team members to ensure that the best ideas are incorporated into the respective portfolios. Work collaboratively with equity analysts in the Equity team with respect to company and industry analysis.

• Relationship Building - Develop strong working relationships within CIBC GAM to collaborate and share knowledge, develop industry views, and to promote and utilize a common research framework.

• Communication - Present and communicate both internally, to the team and externally, as appropriate, with prospects and clients of the firm.

Who you are

• You demonstrate experience with +3 years fixed income research and analysis experience, and long/short trade ideas. Strong understanding and experience with debt/fixed income analysis, capital markets knowledge. You have quantitative skills relating to signal and model development and familiarity with macro and micro economic data environments. You can perform under pressure in a trading environment.

• You have demonstrated experience in credit markets analyzing a variety of industries and with an established professional network across global credit markets.

• You have an undergraduate, graduate and/or post-graduate degrees in management, finance, accounting, or a STEM discipline. Strong financial and accounting skills. Completion of CFA preferred.

• You are highly driven, intellectually curious, and collaborative within a team culture while also able to work independently and have effective time management skills.

• Your influence makes an impact. Persuasive communication skills both written and verbal, effective to influencing colleagues.

• You give meaning to data. Ability to understand/explain/resolve complex issues, strong problem-solving and reasoning skills.

• You are diligent. A keen sense of responsibility and reliability; thorough and results oriented

• You are fueled by energy for investing in the credit markets.

• You have demonstrated ability to multi-task and work independently in a rapidly changing environment.

• You have the highest personal and professional integrity.

• Values matter to you. You bring your real self to work, and you live our values – trust, teamwork, and accountability.

#LI-TA

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]

• 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 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.

Expected End Date

2026-02-28

Job Location

Toronto-161 Bay St., 22nd

Employment Type

Regular

Weekly Hours

37.5

Skills

Analytical Thinking, Decision Making, Financial Analysis, Fixed Income Investments, Investment Policy, Professional Presentation, Researching, Research Reporting