Technology & Innovation Analyst, Investment Banking
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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.
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Business Unit Description
The Technology & Innovation (“T&I”) Investment Banking team has deep sector expertise and proven execution capabilities combined with a full suite of capital market solutions, including corporate banking and treasury services, allowing our team to assist at every stage of our technology clients' business lifecycle. As a leader in this dynamic and rapidly changing industry, we pride ourselves on having advised, structured and financed many of the industry's most notable and complex transactions for Canada's leading technology participants, both private and public.
Our group focuses exclusively on technology and technology-enabled clients that operate in sectors such as Enterprise Software, SMB software, e-Commerce and Payments and Marketplaces.
Our ecosystem is fast changing and the successful application will help assist our clients in many capacities including mergers and acquisitions (M&A), growth financings, initial public offerings (IPO), and/or public follow-on financings.
T&I manages our market leading platform from our offices in Toronto, Vancouver, San Francisco, Montreal, Calgary and Winnipeg. The San Francisco office was recently established as part of a planned broader build-out of CIBC’s T&I platform in the United States. The office will be led by our recently hired Head of U.S. T&I, working in close collaboration with our broader T&I team in Canada.
What You’ll Be Doing
The Investment Banking Technology Analyst will support the growth of CIBC’s T&I sector coverage in the United States. Responsible for the preparation of marketing materials and analysis for pitches and transactions, Analysts are expected to be active contributors during every phase of the deal process. They contribute to the writing and development of both initial pitch material and descriptive memoranda. They are expected to actively participate in drafting sessions and due diligence meetings. Analysts are also responsible for contributing to valuation analyses and other financial models.
How You’ll Succeed
- Conduct industry research and analysis to assist in the identification and/or analysis of investment banking business opportunities
- Participate in cross-functional teams and liaise with other units of CIBC Capital Markets in executing mandates or preparing proposals for clients
- Organize presentations to potential clients, assisting in the development of presentation information
- Prepare industry and financial analysis to determine client recommendations
- Assist in completing comparable public company, precedent transaction, and other valuation analyses
- Assist in company due diligence
- Prepare offering memoranda, management presentations, and other transaction marketing materials
- Coordinate and participate in calls and meetings with clients and potential buyers
- Develop and audit financial models
Who You Are
- Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.
- 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.
You can demonstrate experience with:
- Excellent analytical ability, including valuation techniques and practices.
- Knowledge of accounting principles relating to financial statement preparation.
- Strong knowledge of the Microsoft Office suite (Word, PowerPoint, Excel)
- Experience preparing high quality client deliverable documents and presentations.
- Extreme dedication and motivation with high career aspirations. Must be capable of assuming significant levels of responsibility for assignments to be completed within short time frames.
- Excellent interpersonal, presentation, and writing skills to effectively convey ideas and information and actively participate in developing and maintaining productive client relationships.
- Well-developed organizational skills in order to respond to shifting priorities on several simultaneous projects.
- Job commitment including a willingness to work, as well as personal flexibility and adaptability in order to meet client deliverables and timelines.
- A relevant undergraduate degree (Business, Finance, Economics, Engineering or related discipline) preferred
- 1-3 years of relevant experience in a banking, investment management or equivalent institution
- A strong and genuine interest in the technology sector
Who We Are
Founded in 1867, CIBC is a leading North American financial institution with total assets of $806 billion as of July 31, 2021. From Personal, Business and Commercial Banking to Wealth Management and Capital Markets businesses, CIBC’s 44,000 employees provide a full range of financial products and services to 10 million clients in Canada, the United States and around the world. CIBC’s goal is to deliver superior client experience and top-tier shareholder returns while maintaining the firm’s financial strength. To achieve this, CIBC is executing on 3 strategic priorities:
- Focusing on key client segments to accelerate earnings growth
- Simplifying and transforming to deliver a modern relationship-banking proposition
- Advancing its purpose-driven culture
CIBC Capital Markets provides integrated global markets products and services, investment banking advisory and execution, corporate banking solutions, and top-ranked research to corporate, commercial, government and institutional clients around the world. CIBC Capital Markets’ goal is to deliver leading capital markets solutions to North American and international clients by providing best-in-class insight, advice and execution. To enable CIBC’s strategy and priorities, Capital Markets teams collaborate with partners across the bank to deepen and enhance client relationships. CIBC Capital Markets’ 3 key strategic priorities are:
- Being the leading capital-markets platform in Canada for core clients
- Building a North American client platform with global capabilities
- Increasing connectivity across CIBC to deliver greater value and a better experience for clients
CIBC Cleary Gull is a US-based middle-market investment bank that advises private companies, private equity funds, and corporations on mergers & acquisitions, private debt and equity capital raises, and other transactions. CIBC Cleary Gull has successfully completed more than 200 middle-market transactions in the last five years representing more than $20 billion in transaction value. Its team brings expertise and relationships that extend across industries and borders.
CIBC Innovation Banking is a full-service business that delivers strategic advice and funding to North American technology and innovation clients at each stage of their business cycle, from start up to IPO and beyond. With 12 offices in Atlanta, Austin, Boston, Chicago, Denver, London, Menlo Park, Montreal, New York, Portland, Reston, Toronto and Vancouver, the Innovation Banking team builds long-term relationships with management teams and financial sponsors across the US and Canada by investing time to get to know each business. They leverage CIBC’s experience to structure credit and banking solutions to meet the unique needs of technology companies at all stages of development, as well as investing in Canadian and US-based venture capital and growth equity funds.
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, and health benefits program
Compliance Requirements & Responsibilities
- As an employee of CIBC, the incumbent must comply with all applicable CIBC and Line of Business policies, standards, guidelines and controls.
- 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.
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.