Senior Financial Analyst, Reporting

CIBC; Chicago (IL); On-site; USD 100,000 - 115,000; Full time

Job summary

CIBC is seeking a Senior Financial Analyst in Chicago to prepare and analyze financial reports in our Private Wealth division. The role requires expertise in cash flow and AUM reporting, along with strong analytical and communication skills. Join a team that values trust, teamwork, and accountability, and offers a comprehensive benefits package along with a competitive salary.

Benefits

Competitive total rewards package

Medical, Dental, Vision benefits

401(k) plan

Paid Time Off

Vacation offerings

Qualifications

• 4+ years of related experience in financial services.
• Possess advanced Excel skills.
• Strong interpersonal and communication skills.

Responsibilities

• Prepare, interpret, and approve reports on operating results.
• Provide critical support on monthly compensation models.
• Update Senior Management on Firm Cash Flow activity.

Skills

Analytical Thinking

Microsoft Excel

Self-Organization

Time Management

Education

Bachelor’s degree in accounting, finance, economics, or similar field

Tools

Microsoft PowerPoint

Microsoft Word

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

As a Senior Financial Analyst, Reporting in our Private Wealth line of business,you are responsible for the preparation, interpretation and approval of reports presenting operating results and other performance information. You will apply comprehensive knowledge and skills to prepare consolidated daily, weekly, monthly, quarterly and annual accounting and financial reports and analysis, ensuring appropriate internal controls are in place. You will exercise independent judgement within defined procedures, liaising with business heads on accounting information requirements and monitoring business unit performance. In addition, you will apply professional analytical skills to interpret changes in accounting standards and develop, enhance or implement appropriate changes.

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

AUM and Cash Flow Reporting

• Update Senior Management on a weekly basis on Firm Cash Flow activity.

• Build and provide quarterly detailed AUM/Flow schedules for the business.

• Serve as backup support for monthly AUM/Cash Flow reporting to Senior Management/Accounting/Finance.

• Work with Marketing to provide information for RFPs, surveys, client retention, and Relationship Manager award submissions.

Formulaic Compensation

• Provide critical support on monthly basis for compensation models (both quarterly and annually).

• These models are very detailed and require attention to detail and accuracy.

Ad-Hoc Support

• Provide strategic business analysis for Senior Management (i.e., Growth Strategies, RM/BDP Growth analysis, etc.) including building financial models.

• Provide analysis regarding revenues/compensation/assets/cash flows/etc.

• Responsible for invoice coding/tracking/payment for Mutual Funds, Referral Programs (Schwab/Fidelity), and numerous miscellaneous vendors.

• Work with vendors and AP on any outstanding invoice/overdue issues.

• Work with Finance (FP&A/Accounting) to help answer miscellaneous questions for reporting (i.e., Client Accounts, Revenues, AUM/Flows, etc.).

Who you are

• You have a Bachelor’s degree in accounting, finance, economics, or a similar field.

• You have 4+ years of related experience in the financial services industry.

• You give meaning to data. You enjoy investigating complex problems and making sense of information. You communicate detailed information in a meaningful way.

• You know that details matter. You notice things that others don't. Your critical thinking skills help to inform your decision-making.

• You love to learn. You're passionate about growing your knowledge. You have a strong sense of curiosity.

• You possess advanced Excel skills.

• You are a strong communicator. You have excellent interpersonal, communication (oral and written) and problem-solving skills, including effective engagement with all levels of the organization.

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

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $100,000 - $115,000 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.

Additional total compensation and benefits details will be provided during the hiring process. Candidates hired to work in other locations will be subject to the pay range associated with that location.

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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

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 - 181 W Madison

Employment Type

Regular

Weekly Hours

40

Skills

Analytical Thinking, Finance, Microsoft Excel, Microsoft PowerPoint, Microsoft Word, Self-Organization (Business), Time Management