Senior Financial Analyst at CIBC Chicago, IL

CIBC; Chicago (IL); Hybrid; USD 95,000 - 115,000; Full time

Benefits offered by this job

Well-being support

MomentMakers program

Career growth & training

Competitive salary and incentives

Job summary

CIBC in Chicago, IL is seeking a Senior Financial Analyst to develop financial models, support FP&A, and drive business insights.

The role offers a hybrid work arrangement with 2–3 days on-site and 2–3 days remote, a starting salary range of $95,000 to $115,000, and eligibility for incentive compensation.

Ideal candidates have 6–8 years of experience in financial planning and analysis in financial services, plus a BA/BS in Finance or related field; MBA or CFA/CPA is a plus.

Qualifications

• Bachelor’s degree in Finance, Accounting, Economics or related field. MBA or CFA/CPA is a plus.
• 6–8 years of experience in financial planning and analysis, preferably in financial services.
• Proficiency in financial modeling, Excel, and financial software (e.g., SAP, Oracle, Power BI, Microsoft Suite).
• Strong analytical and problem-solving skills with ability to interpret complex data and provide actionable insights.

Responsibilities

• Develop and manage financial models to forecast revenues, expenses, and profitability for Wealth Management units.
• Coordinate and consolidate annual plans, quarterly forecasts, and long-term financial plans.
• Prepare and present detailed financial reports, including variance analysis and KPIs.
• Provide financial guidance and support to business leaders for strategic planning and decision-making.
• Analyze expense structures and identify opportunities for optimization and efficiency improvements.
• Monitor market trends and competitive landscape to inform business strategies.
• Ensure adherence to regulations, internal controls, and company policies.
• Identify and implement process improvements for better reporting and analysis.

Skills

Accounting

Analytical Thinking

Communication

Expense Forecasting

Financial Reporting and Analysis

Market Analysis

Process Improvements

Education

Bachelor's degree in Finance, Accounting, Economics

MBA or CFA/CPA is a plus

Tools

SAP

Oracle

Power BI

Microsoft Excel

Microsoft Suite

Job description

Senior Financial Analyst job at CIBC. Chicago, IL. We are building a relationship‑oriented bank for the modern world and we need talented, passionate professionals who are dedicated to doing what’s right for our clients. At CIBC, you are empowered at work and have the support you need to make a meaningful impact and to be valued for what you contribute.

Key Responsibilities

• Financial Planning and Analysis: Develop and manage financial models to forecast revenues, expenses, and profitability for the Wealth Management business units.
• Budgeting and Forecasting: Coordinate and consolidate annual plans, quarterly forecasts, and long‑term financial plans.
• Reporting: Prepare and present detailed financial reports, including variance analysis and key performance indicators (KPIs).
• Business Support: Provide financial guidance and support to business leaders to aid in strategic planning and decision‑making.
• Expense Management: Analyze expense structures and identify opportunities for expense optimization and efficiency improvements.
• Market Analysis: Monitor market trends and competitive landscape to provide insights that influence business strategies.
• Compliance: Ensure adherence to financial regulations, internal controls, and company policies.
• Continuous Improvement: Identify and implement process improvements to enhance financial reporting and analysis capabilities.

Qualifications

• Education: Bachelor’s degree in Finance, Accounting, Economics, or a related field. MBA or a relevant professional certification (e.g., CFA, CPA) is a plus.
• Experience: Minimum of 6–8 years of experience in financial planning and analysis, preferably in the financial services industry.
• Technical Skills: Proficiency in financial modeling, Excel, and financial software (e.g., SAP, Oracle, Power BI, Microsoft Suite).
• Analytical Skills: Strong analytical and problem‑solving skills with the ability to interpret complex data and provide actionable insights.

Work Environment

We offer a hybrid work arrangement with 2–3 days per week on‑site and the remaining days remote, allowing flexibility to manage your work activities.

Compensation, Incentives, and Benefits

Expected salary range: $95,000 – $115,000 based on experience, qualifications, and location. Eligible to participate in the relevant business unit’s incentive compensation plan, which may include a discretionary bonus component.

CIBC provides a comprehensive benefits package that includes:

• 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)
• Additional perks such as Well‑being support and MomentMakers, our social, points‑based recognition program
• Access to a competitive salary, incentive pay, and a career‑growth path with ongoing learning opportunities and comprehensive product training

Additional Information

California residents – your privacy rights regarding your actual or prospective employment.

Commitment to Inclusion

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 provide an accessible candidate experience. If you need accommodation, please contact [e-mail].

Location: IL-120 S LaSalle St, 5th Floor, Chicago, IL.

Employment Type: Regular | Weekly Hours: 40

Skills: Accounting, Analytical Thinking, Communication, Expense Forecasting, Financial Reporting and Analysis, Market Analysis, Process Improvements