Market Head, Illinois Private Banking

CIBC US; Chicago (IL); On-site; USD 275,000 - 350,000; Full time

Benefits offered by this job

Competitive salary

Incentive pay

Wellbeing support

MomentMakers recognition program

Banking benefits

Job summary

CIBC US Private Banking in Chicago seeks an accomplished Market Head, Illinois Private Banking, to lead the Illinois market, oversee client growth, deposits, lending, and revenue across Chicago and surrounding submarkets.

This executive role requires 15+ years in private banking or wealth management, proven leadership of a large regional team, and ability to build strategic partnerships across banking, capital markets, and wealth management.

Qualifications

• 15+ years of experience in private banking, wealth management, or private client banking.
• Direct experience leading a large regional market with P&L accountability.
• Deep fluency in complex banking and bespoke lending for high-net-worth clients.

Responsibilities

• Lead the Illinois business, strategy, and performance across Chicago and Illinois submarkets.
• Build and develop the franchise's largest banker team and attract senior talent.
• Deepen executive client relationships with the market's top clients and opportunities.
• Drive franchise integration with US Commercial Banking, Capital Markets, and Wealth Management.
• Advance private equity partner coverage across the Chicago market with internal partners.
• Contribute as a senior franchise leader on the leadership team to shape strategy.

Skills

Analytical Thinking

Business Development

Business Growth Strategies

Client Service

Customer Experience

Group Problem Solving

Investment Advising

People Management

Wealth Management

Education

Bachelor's degree

MBA or JD 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’ll Be Doing

CIBC US Private Banking serves high-net-worth and ultra-high-net-worth clients through tailored banking, lending, and advisory solutions, with Chicago playing a critical role in the franchise's growth and connectivity across the broader bank. As Market Head, Illinois Private Banking, you'll lead our largest private banking market, with accountability for the Illinois business, including banker leadership, client acquisition, deposit growth, and market performance. You'll also operate as a franchise-level leader by shaping integrated relationship strategies with US Commercial Banking, Capital Markets, and Wealth Management, helping deliver a more connected client experience across CIBC US. In addition, you'll drive private equity partner coverage across the Chicago ecosystem while representing CIBC in the market and strengthening our presence in one of our most strategically important communities. This is a highly visible executive leadership role where you'll influence business direction as a member of the leadership team and help build the next chapter of our US Private Banking franchise. 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’ll Succeed

• Lead the Illinois business - Oversee the Illinois market strategy and performance, with accountability for client growth, deposits, lending, revenue, and overall market execution across Chicago and broader Illinois submarkets.
• Build and develop a high-performing team - Lead, coach, and grow the franchise's largest banker team, including attracting senior talent, developing team capability, and fostering a strong performance and client-focused culture.
• Deepen executive client relationships - Own acquisition and relationship management for the market's most significant clients, bringing executive presence and sound judgment to complex, high-value client needs and opportunities.
• Drive franchise integration - Establish and strengthen strategic partnerships with US Commercial Banking, Capital Markets, and Wealth Management by defining referral protocols, joint coverage strategies, and cross-sell approaches for shared clients and prospects.
• Advance private equity partner coverage - Lead private equity partner client acquisition and relationship growth across the Chicago market, while coordinating with internal partners on shared opportunities and strategic client relationships.
• Contribute as a senior franchise leader - Act as a key member of the leadership team, partnering closely with peers and internal stakeholders to shape business direction, support operational effectiveness, and align market strategy with broader franchise priorities.

Who You Are

• You're an experienced executive leader. You bring 15+ years of experience in private banking, wealth management, or private client banking, with a strong track record of leading and growing a client-facing business at scale.
• You know how to lead a market. You have direct experience managing a large regional team with market-level profit and loss accountability, and you can balance growth, talent, client experience, and disciplined execution.
• You bring strong client and credit judgment. You have deep fluency in complex banking and bespoke lending solutions for high-net-worth and ultra-high-net-worth clients, and you're comfortable engaging directly with senior clients, family office principals, and executive stakeholders.
• You're a connector across businesses. You know how to build trusted partnerships across banking, wealth, and capital markets teams, and you can align multiple stakeholders around an integrated client relationship strategy.
• You have the credibility to lead in Chicago. You bring established market presence and relationships in the Chicago area, or a demonstrated ability to build them quickly, with experience navigating a competitive private banking and wealth landscape. Experience across the Chicago private equity ecosystem is an asset.
• You have the education to support the role. You hold a bachelor's degree, and an MBA or Juris Doctor is strongly preferred.
• Values matter to you. You bring your real self to work, and you live our values - trust, teamwork, and accountability.

California residents — your privacy rights regarding your actual or prospective employment

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $275,000- $350,000 for the Chicago, IL market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which also may include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employee’s needs; including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave, and Vacation), Holidays, and 401(k), in addition to other special perks reserved for our team members.

What CIBC Offers

• We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program*, 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]
• 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, 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.

Job Location

IL-Chicago, 120 S LaSalle St Fl 2

Employment Type

Regular

Weekly Hours

40

Skills

Analytical Thinking, Business Development, Business Growth Strategies, Client Service, Customer Experience (CX), Group Problem Solving, Investment Advising, People Management, Wealth Management