CIBC
Job title:
Sr. Private Banking Advisor
Company
CIBC
Job description
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
What You’ll Be Doing
You will be responsible for effectively managing and growing a portfolio of cash management, lending and investment products and services which increases overall profit contribution to CIBC Private Wealth Management. You will also support overall client needs for broader Wealth Advisory services including Investment, Retirement and Estate Planning Services.
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
- Relationship and Portfolio Management – Contribute to CIBC Private Wealth Management’s High Net Worth business by building a portfolio of High Net Worth (HNW) clients whose needs are primarily banking, credit ad investment based (i.e. mutual funds, fixed income products, GIC’s, Imperial Investor Services, PPS, etc.). Ensure quality of account portfolio by performing risk assessment and in-depth financial analysis on all potential or existing High Net Worth clients on an ongoing basis. Resolve extremely complex credit issues for clients by working closely with Credit Specialists and Commercial Banking/Capital Markets. Provide specialized services to key HNW markets like professional services to partners of major law, accounting and medical businesses and provide banking services to HNW clients of Wood Gundy. .
- Planning and Advice – Review client portfolios and financial needs from a holistic perspective and identify opportunities to broaden the client’s suite of products and services. Meet regularly with clients to foster strong relationships and identify multi-generational opportunities across cash, credit, investments and planning.
- Business Development – acquire new clients who have sophisticated financial needs, are people of influence and/or who require complex global financial solutions. Search for and develop untapped opportunities to promote CIBC Private Wealth Management within the HNW market. Represent CIBC on Boards, participate in charitable organizations and engage in appropriate social networks. The Advisor is responsible for bringing all of the appropriate PWM advisory offers (Private Banking, trust, Wealth Advisory and Investment Counsel) to clients, along with other appropriate HNW advisory offers like Wood Gundy, Investment Specialists and Commercial Banking. Play an active role, and in some cases lead, in large deal teams focusing on HNW clients, especially with introductions from Commercial Banking.
- Continuously update your knowledge and skills – Demonstrate a commitment to keep up-to-date with current events, overall economic and financial environment, trends, product developments, legislative changes, etc. and proactively communicate developments or changes to client of all ages as applicable. Be involved in the community through participation in business and industry associations, and aid in the development of a professional network comprised of the target client segment.
Who You Are
- You’re a certified professional. You have successfully completed the Canadian Securities Course, Professional Financial Planning Course and continuing education to Certified Financial Planners Designation.
- You have experience with concepts of personal financial planning and strong knowledge of all banking, investment and credit products and financial services (private client, private banking, advisory, brokerage, etc.)
- You put our clients first. You have existing strong relations with HNW Private Banking clients and can demonstrate the management skills sufficient to build strong relationships with new HNW clients, to identify opportunities and consolidation opportunities. You have clearly demonstrated success in ability to build and maintain client relationships.
- Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.
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*, defined benefit pension plan*, an employee share purchase plan, 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
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.
Job Location CIBC Square Banking Centre
Employment Type Regular
Weekly Hours 37.5
Skills Private Banking
Expected salary
Location
Toronto, ON
Job date
Sun, 28 Jan 2024 02:03:17 GMT
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