CIBC Summer Associate
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.
CIBC is a leading North American financial institution with over 48,000 employees globally and assets of ~$700 billion. CIBC Capital Markets provides a wide range of investment banking, global markets, credit, and research products and services to institutional, corporate, and government clients in North America and in key markets around the world.
The Energy, Infrastructure, & Transition ("EIT") Investment Banking practice serves clients in the renewable energy and energy transition, conventional power, utility, infrastructure, midstream, and upstream energy sectors throughout North America, Europe, Latin America, Asia, and Australia. The EIT Investment Banking team primarily acts as M&A advisor (sellside and buyside) to our clients. We partner closely with our colleagues in corporate banking / project finance, debt capital markets, and equity capital markets, as well as our desks providing interest rate, currency, and commodity hedging solutions. EIT manages a market leading platform from our offices in New York, Houston, Toronto, Calgary, London, and Bogot.
The team's coverage mandate includes the following sectors, among others : renewables (including solar, onshore wind, offshore wind and hydro), battery storage, climate tech and energy transition technologies, conventional power generation, regulated utilities, infrastructure (including toll roads and bridges, seaports, light and heavy rail, airports, and other energy critical infrastructure). EIT is committed to supporting CIBC's clients as they navigate the energy transition from carbon-intensive fuels to sustainable solutions, and impacts this transition will have on connected industries.
CIBC is the #2 North American Renewables and Power M&A Advisor since 2020 by gross deal value (#1 by number of transactions closed), per Inframation, and was named North American Financial Advisor of the Year in 2023 and North American ESG Financial Advisor of the Year in 2022 by IJGlobal.
The EIT Summer Associate will work with Managing Directors, Executive Directors, Directors, Associates and Analysts to expand the presence of CIBC Capital Markets in our focus sectors. The Summer Associate will provide financial modeling, analytical, structuring, research and transaction support to senior professionals in the group and will assist with the execution of transactions. The Summer Associate will be trained to maintain an awareness of our clients, industry, regulatory issues and relevant economic / political trends.
How You'll Succeed
Who You Are
At CIBC, we offer a competitive total rewards package. This role has an expected salary of $75,000 (pro-rated for the 10-week internship program) for the New York, NY market based on experience, qualifications, and location of the position.
Candidates hired to work in other locations will be subject to the pay range associated with that location. Additional total compensation and benefits details will be provided during the hiring process.
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 Mailbox.careers-carrieres@cibc.com .
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.
Expected End Date : 2026-08-07
Job Location : NY-300 Madison Ave., 8th Floor
Employment Type : Temporary (Fixed Term)
Weekly Hours : 40
Skills : Accounting, Capital Markets, Corporate Finance, Financial Analysis, Financial Modeling, Investment Banking
Investment Banking Associate • New York, NY, US