- Equity Research
- Classroom Experience
- Communication Skills
- Microsoft Excel
- Microsoft Word
CIBC is a leading North American financial institution with 10 million personal banking, business, public sector and institutional clients. CIBC offers a full range of advice, solutions and services in the United States, across Canada and around the world. In the U.S., CIBC Bank USA provides commercial banking, private and personal banking and small business banking solutions and CIBC Private Wealth Management offers investment management, wealth strategies and legacy planning.
CIBC works to help you make your ambitions a reality with a team that is committed to being always professional, genuinely caring and collaborates to find simple solutions as we build our relationship-focused bank for the modern world.
Every year, CIBC is recognized for its business success, community commitment and employee initiatives. We are proud of this success and are committed to creating an inclusive workplace and an environment where all of our team members can excel.
OUR SUMMER INTERNSHIP PROGRAM is designed to offer great work experience to compliment your classroom training and career goals. We are devoted to finding, selecting and training interns who will make a positive impact on our company. Intern Program activities allow you an opportunity to meet and network with company executives, employees, and fellow interns, as well as learn more about banking and the financial industry.
Interns are assigned to a CIBC Private Wealth equity analyst for the summer, and placement decisions are based on interests, skills, and position availability. Throughout the summer, interns are provided with direction, coaching and mentoring so they may perform at their personal best.
Specific internship responsibilities determined closer to start date and depend on the needs of the hiring department. Responsibilities may include, but are not limited to:
Learning the basics of equity investment research and portfolio management
Researching multiple public companies, including reading SEC filings, sell side reports, industry research, and web-based research. Writing a detailed investment report and preparing a financial model of one or more public companies.
Learning the basics of the industry that your host analyst covers
Listening to and summarizing earnings conference calls of public companies.
Learning how to use Factset to assist in the investment research.
ACTIVITIES (anticipated, subject to change): Weekly, June - early August
Orientation Kickoff featuring panel of former interns
Social networking event with internal intern program alumni
Informational Session series with Bank executives from across the organization
Introduction and meeting with our President & CEO, Mike Capitides
Commercial Banking Training Program (CBTP) Workshop & Shadow Day - learn more about post-graduate career opportunities
Shadowing Program with departments across the organization
Volunteer opportunity with a local non-profit organization
Networking opportunities to connect you with other interns and employees
Attend meetings with public company management teams, sell side equity analysts, and weekly investment team meetings.
10-12 week duration desired, flexible start and end dates
40-hour work week, Monday through Friday
Located Chicago Loop or Chicago suburbs
Opportunity to attend weekly intern program activities
College student pursuing Bachelors degree
Accounting, Finance, Business, Economics major preferred, but not required
Strong verbal and written communication skills
Good attention to detail
Ability to multi-task in a fast-paced environment
Strong knowledge of MS Office - Word, Excel, PowerPoint
Graduation Date of June 2021 or earlier
Minimum cumulative GPA of 3.0 preferred
Enthusiastic to learn and grow from their internship experience
Willing to ask questions, as needed
Interest in equity research and investment management
APPLICATION DEADLINE: October 31, 2019