Job Information
CIBC Associate, Energy, Infrastructure, & Transition, Global Investment Banking in Houston, Texas
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 (https://www.cibc.com/en/about-cibc.html)
What You’ll Be Doing
The Energy, Infrastructure & Transition (EIT) team is the largest investment banking team at CIBC and focuses on clients in the United States, Canada and Europe across broad sector coverage including traditional sectors of power generation, utilities, upstream and midstream energy, transportation, and social infrastructure, plus emerging energy transition sectors including renewable power, carbon capture, hydrogen, renewable fuels, among other emerging low-carbon solutions. CIBC was named North American ESG Financial Advisor of the year in 2022 and North American Financial Advisor of the year in 2019 by Infrastructure Journal Global (IJGlobal).
This role is based in Houston and primary focus is on the midstream and pipeline, LNG and carbon capture sectors, with increasing focus on other emerging energy transition sectors. The primary roles and responsibilities for this Associate position include working with Managing Directors, Executive Directors, Directors, Associates and Analysts to complete financial modeling and analysis, research, transaction structuring and to generally support the senior professionals with business development and transaction execution activities. The Associate will be trained to maintain an awareness of our clients, industry, regulatory Must include the relevant NWOW information, including the following sentence and one of the below clauses.
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
Develop and audit sophisticated financial analyses and financial models
Prepare industry and financial analysis to determine client opportunities and recommendations
Lead industry valuation analysis including discounted cash flows, comparable company, and precedent transaction analyses
Assist in developing proposals to clients and potential clients for equity and debt placements, mergers, asset or company divestitures or acquisitions, and other financial products and advisory services
Organize presentations to potential clients, assisting in the development of presentation information
Conduct industry research and analysis to assist in the identification and/or analysis of investment banking business opportunities
Participate in cross functional teams and liaising with other units of CIBC Capital Markets in executing mandates or preparing proposals for clients
Assist in company due diligence investigations
Prepare offering memoranda and marketing materials
Participate in external client interaction
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:
Undergraduate degree in Math, Engineering, Business, Economics, or related discipline
Minimum of 3 years experience
Previous investment banking or corporate finance experience, combined with other relevant corporate finance training
Extremely dedicated and motivated individual with high career aspirations. Must be capable of assuming significant levels of responsibility for assignments to be completed within short time frames
Excellent analytical ability including demonstrated knowledge of valuation techniques and practices, including cash-flow analysis
Strong technical, computational and quantitative skills
Strong interest in and knowledge of financial markets and the energy or energy infrastructure sectors
Excellent understanding of financial statements, credit analysis and accounting principles
Knowledge of accounting principles relating to financial statement preparation and business combinations
Proven ability to pay close attention to detail and multi-task under tight deadlines
Excellent interpersonal and presentation skills
Well-developed organizational skills in order to respond to shifting priorities on several simultaneous projects
Demonstrated job commitment including a willingness to work, as well as personal flexibility and adaptability in order to meet client deliverables and timelines
Excellent interpersonal, presentation, oral and written communication skills in order to convey factual and conceptual information to others and promote the interests of CIBC Capital Markets
Working Conditions
This role operates within a normal office environment with little exposure to adverse working conditions.
Some travel may be required.
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
At CIBC, we offer a competitive total rewards package. The Associate I - Associate III role has an expected salary range of $175,000 - 225,000 for the Houston, TX 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.
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.
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 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.
Job Location
TX-1001 Fannin St
Employment Type
Regular
Weekly Hours
40
Skills
Advisory Services, Analytical Thinking, Customer Experience (CX), Financial Modeling, Financial Research, High Net Worth Individuals, Investment Banking, Investment Valuation, Private Equity, Wealth Management
At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability.
Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel.
Every day, our 44,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.