Analyst, Oil & Gas, Corporate Banking
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
The Analyst/Associate for Corporate Banking provides corporate credit analysis and transactional support within Corporate Banking and assists with managing the credit relationship between CIBC’s wholesale bank and clients primarily with US Oil & Gas - E&P companies as well as Midstream companies, including both reserve-based lending, covenant-based lending and trading lines for energy/commodity derivatives. This necessitates maintaining an awareness of the client, company, industry, regulatory issues, relevant economic/political trends and client needs as well as tailoring coverage and financing solutions to meet client needs. Experience with U.S. based oil and gas companies is highly desired.
How You’ll Succeed
- Conducts credit and financial analysis, both for existing clients and on new financing opportunities
- Researches and analyses information and drafts credit proposals in conjunction with Directors, Executive Directors and/or the Managing Director
- Establishes and maintains contact with clients throughout the due diligence process to obtain/provide information and advice, conduct interviews and relay information regarding the process and CIBC’s requirements
- Assists in analyzing, structuring and documenting new loan transactions
- Is familiar with appropriate due diligence criteria and effectively conducts such analysis and investigation to provide CIBC with an appropriate “due diligence defense” under applicable securities legislation
- Organizes presentations to potential clients, assisting in the development of presentation information
- Follows up credit-related customer queries and customer service-related matters not otherwise covered by Credit Processing Services. Acts as liaison with officers of Credit Processing Services
- Liaises with other units of CIBC, CIBC Wholesale Banking and Risk Management in preparing credit reviews and proposals for clients’ financing needs
- Oversees and/or participates in the conduct of research and collection of information to assist in the identification and analysis of potential business transactions
- Assists in the on-going monitoring of the terms and conditions of approved credit arrangements and appropriately identifies any relevant changes in the financial condition/business of a client
- Ensures that recommendation and opinions offered to clients are in compliance with legislation and at all times maintains the professional standards and policies of CIBC
Who You Are
Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.
You can demonstrate experience with:
- Bachelor’s degree in Business, C.P.A. or C.F.A.; previous corporate finance, energy-specific corporate lending experience is preferred
- Knowledge of the U.S. energy sector (upstream, midstream, refining) and US reserve based lending practices is preferred
- Excellent analytical ability including demonstrated knowledge of valuation techniques and practices, including cash flow analysis
- Ability to work well and excel in a team environment
- Thorough understanding of Corporate Finance theories and practices, well-developed financial analysis skills, including financial modeling
- Excellent understanding of financial statements and accounting principles
- Well-developed organizational skills in order to respond to shifting priorities on several simultaneous projects
- Demonstrated job commitment including a willingness to work extended hours and personal flexibility and adaptability in order to meet client requirements
- Develop financial models to assist in structuring transactions and perform sensitivity analysis
- Excellent interpersonal, presentation, oral and written communication skills in order to convey factual and conceptual information to others and promote the interests of CIBC
You embrace and champion change. You'll continuously evolve your thinking and the way you work in order to deliver your best.
Your influence makes an impact. You know that relationships and networks are essential to success. You inspire outcomes by making yourself heard.
You’re digitally savvy. You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends.
You're driven by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to create a shared vision.
What CIBC Offers
At CIBC, our people are our greatest asset. You’ll become part of a diverse community that acknowledges everyone’s unique talents, and empowers teams to do what’s right for the client, and to do it well. As part of our team, you will:
Thrive: Benefit from an open and approachable culture that provides the flexibility and support you need to integrate your life at work and at home
Connect: Work in a place where the right technology and infrastructure fosters innovation, collaboration and creativity
Develop: Grow your skills and career through our best-in-class onboarding experience, ongoing learning opportunities, individual development planning, and comprehensive product training
Prosper: Share in our collective success with a competitive salary, incentive pay, banking benefits, health benefits program, and employee share purchase plan
Conduct and Culture Risk
Our CIBC risk culture is based on employees striving to exceed the expectations of ourselves and our leadership’s identification and mitigation of risks in their daily responsibilities, not just in quarterly or annual monitoring/assessments. We all are accountable for managing risk.
As an employee of CIBC the incumbent must conduct themselves (and foster an environment for others) in a manner consistent with our strong risk culture. This includes:
- Following all aspects of the CIBC Code of Conduct, as well as all applicable CIBC policies, frameworks, guidelines, processes and controls
- At all times acting in accordance with our Purpose and shared values, to achieve our Bank’s strategic goals
- Understanding and following the qualitative and quantitative components of our Risk Appetite Statements
- Completing all annual Corporate Mandatory Training and Testing modules, as well as any additional business-specific modules, as required and employing the learnings in daily activities and undertakings
- Escalating matters through one of the appropriate channels identified in the CIBC Code of Conduct (i.e., HR, management, Ethics Hotline, Whistleblower, etc.) upon observing activities that may be inconsistent with CIBC’s policies, frameworks, guidelines, processes and controls, and where applicable, assist in the resolution of same
- Speaking up if witnessing behaviors that drive poor or unfair outcomes for clients, team members or other stakeholders
- Escalating matters that can result in adverse market practices and outcomes, thereby negatively impacting CIBC’s reputation as a leading financial institution
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 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
- CIBC is committed to doing our part to protect our team, our clients and our communities. We want to ensure we have a safe and healthy workplace, and we want to do our part to get through this pandemic. In keeping with this commitment, and as a condition of employment, CIBC requires all successful candidates to be fully vaccinated against COVID-19 as of their start date, or provide written proof of a medical exemption, or other substantiated accommodation request under applicable human rights legislation.