Senior Private Banking Associate

Canadian Imperial Bank of Commerce (Canada); Vaughan; Hybrid; CAD 120,000 - 160,000; Full time

Benefits offered by this job

Competitive compensation

Banking benefits and wellbeing support

Employee assistance programs

Job summary

CIBC Private Wealth Management is hiring a Senior Private Banking Advisor to manage a portfolio of cash management, lending and investment products for High Net Worth clients. You will support Wealth Advisory services including Investment, Retirement and Estate Planning, delivering exceptional service and building trusted relationships.

The role involves client portfolio reviews, business development, and holistic financial planning within a hybrid on-site/remote work arrangement.

Qualifications

• Experience in private banking or wealth management with a holistic financial planning mindset.
• Strong knowledge of banking, investment and credit products and services.
• Experience building client relationships and delivering personalized advisory services.

Responsibilities

• Review client portfolios and financial needs from a holistic perspective and identify opportunities to broaden product offerings.
• Meet regularly with clients to conduct portfolio reviews and propose new solutions.
• Acquire new clients with sophisticated financial needs and promote global financial solutions.
• Build and maintain high-quality relationships across internal and external networks.
• Provide exceptional service at all client touch points and resolve issues promptly.
• Perform risk assessment and financial analysis to ensure guidance aligns with risk standards.

Skills

Customer Experience

Customer Service

Office Administration

Prioritization

Private Banking

Product Knowledge

Reception Duties

Job description

What You'll Be Doing

You will be responsible for effectively managing and growing a portfolio of cash management, lending and investment products and services which increases overall profit contribution to CIBC Private Wealth Management. As a Senior Private Banking Advisor, you will provide exceptional service to Private Banking clients by assisting them with their transactional banking needs and responding to their queries. You also support overall client needs for broader Wealth Advisory services including Investment, Retirement and Estate Planning services.

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.

How You'll Succeed

Client Service – Review client portfolios and financial needs from a holistic perspective and identify opportunities to broaden the client’s suite of products and services.

Meet regularly with clients to conduct portfolio reviews and introduce new product and service solutions. Understand wealth generation by small to medium business enterprises and the complexity of monetizing their value.

Business Development - Through business development activities, acquire new clients who have sophisticated financial needs, are people of influence and/or who require complex global financial solutions.

Search for and develop untapped opportunities to promote CIBC Private Wealth Management within the High Net Worth market. Develop and maintain high quality, effective relationships with internal and external networks. Contribute to the group’s High Net Worth (HNW) business by building a portfolio of HNW clients whose needs are primarily banking, credit and investment based (i.e. mutual funds, fixed income products, GICs, Imperial Investor Services, PPS, etc.)

Relationship Building - Increase retention and consolidation of CIBC Private Wealth Management clients’ business by understanding the clients and developing strong relationships and action plans to provide appropriate investment, credit, banking solutions and wealth advisory services.

Provide consistent service excellence at all client touch points to meet High Net Worth client’s expectations for service delivery and issue resolution.

Analysis - Ensure quality of account portfolio by performing risk assessment and in-depth financial analysis on all potential or existing High Net Worth clients on an ongoing basis.

Ensure that all recommendations and actions adhere to all Bank risk standards and guidelines. Assess performance through review of Local Level Reporting (LLR) and build target plans to enable achievement of required business objectives and to support execution of annual portfolio plan.

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 concepts of personal financial planning and strong knowledge of all banking, investment and credit products and services and financial services experience (private client, private banking, advisory, brokerage, etc.) You have 3-5 years experience as a Private Banker would be preferred. 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. 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.

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.

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 2026-11-30

Job Location Thornhill-123 Commerce Valley

Employment Type Regular

Weekly Hours 37.5

Skills Customer Experience (CX), Customer Service, Office Administration, Prioritization, Private Banking, Product Knowledge, Reception Duties

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.