Market Head, Illinois Private Banking

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

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401(k) plan

Paid time off

Job summary

CIBC is seeking a Market Head, Illinois Private Banking in Chicago to lead our largest private banking market, guiding banker teams and overseeing client growth, deposits, lending, and revenue with executive presence.

You will shape integrated strategies with US Commercial Banking, Capital Markets, and Wealth Management, drive private equity partner coverage, and align market priorities with the broader franchise.

Qualifications

• Bachelor's degree required; MBA or JD strongly preferred.
• 15+ years in private banking, wealth management, or private client banking.
• Experience leading a large regional team with market-level profit and loss accountability.
• Strong client and credit judgment.
• Established Chicago market presence or ability to build quickly.

Responsibilities

• Lead the Illinois market strategy and performance, with accountability for client growth, deposits, lending, revenue, and market execution across Chicago and Illinois submarkets.
• Build, coach, and grow the franchise's largest banker team with focus on development and performance.
• Deepen executive client relationships, managing top clients and complex opportunities.
• Drive franchise integration with US Commercial Banking, Capital Markets, and Wealth Management through coordinated coverage.
• Advance private equity partner coverage across the Chicago market with internal coordination.
• Contribute as a senior franchise leader, shaping business direction and aligning market strategy with franchise priorities.

Skills

Executive Leadership

Private Banking

Client Relationships

Market Strategy

P&L Ownership

Market Knowledge

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,and401(k), in addition to other special perks reserved for our team members.

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

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_, 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

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.