Analyst, PWM US Operations

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

The Operations Analyst will be responsible for the review and processing monthly and quarterly valuations, capital activity and pricing for our sponsored funds. The analyst will process all capital and pricing updated for client held alternative assets. The employee will provide client statement support, assist with the annual audit and support the fund’s annual tax responsibilities. The analyst will resolve any issues and identify and implement controls. The analyst will participate in various ad hoc assignments including new projects.

How you'll succeed

• Client engagement – Meet with clients to understand their priorities, advise them on solutions, and provide a forward-looking financial plan. Use your knowledge of cash management, credit, investment, and wealth protection to help clients meet their goals.

• Relationship building - Engage in marketing and outreach activities to show clients you value them and their communities. Grow your network, deepen existing relationships, and collaborate with others to ensure clients are connected to the right people and opportunities.

• Leveraging technology - Become a technology expert. Share your knowledge by introducing clients to our mobile banking applications, enabling them to better manage their banking needs.

Key Accountabilities

• Assist in the management of all procedures and controls within the Operations team

• Resolve issues and implement controls

• Train/mentor junior analysts

• Subject Matter expert on operational functions for the firm

• Review quarterly and monthly valuations for our Sponsored Funds

• Coordinate and review all audit and tax reports

• Review annual investor K-1s and fund returns

• Assist in the review of subscription agreements and redemption requests

• Assist in the oversight over the Sponsored Funds key vendors

• Process capital and pricing updates on alternative asset investments

Who you are

• You put our clients first. You engage with purpose to find the right solutions. You go the extra mile because it's the right thing to do.

• You’re goal-oriented. You’re motivated by accomplishing your goals and delivering your best to make a difference.

• You're passionate about people. You find meaning in relationships and surround yourself with a diverse network of partners. You connect with others through respect and authenticity.

• You love to learn. You're passionate about growing your knowledge. You have a strong sense of curiosity.

• You’re a certified professional. You have current accreditation and good standing Mutual Funds License (Canadian Securities Course or Investment Funds in Canada).

• Values matter to you. You bring your real self to work and you live our values - trust, teamwork, and accountability.

Knowledge & Skills

• Bachelor’s degree with a focus on Accounting, Finance, Economics, or Business.

• 2 – 5 years of Investment Operations, Tax Accounting and/or Accounting experience.

• Proficiency in Microsoft Excel is a must. 

• Computer literacy skills are required. 

• Experience with Hedge Funds and Private Equity Funds.

• Experience with Hedge Fund or Private Equity tax reporting preferred.

• Expanded knowledge of investments, security analysis and industry related expertise.

• This position requires strong verbal, written and interpersonal skills; exceptional analytical and organizational skills, an attention to detail and the ability to work in a team environment, with a positive and professional attitude. 

• Must have the ability to work in a fast-paced environment and to effectively multi-task.

California residents — your privacy rights regarding your actual or prospective employment 

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $65,000- $80,000 for the Boston, MA 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. 

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 [email protected]

• 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

MA-100 Federal Street, 37th Fl

Employment Type

Regular

Weekly Hours

40

Skills

Analytical Thinking, Business Operations, Customer Service, Financial Products, Operations Management, Prioritization, Processing, Quality Assurance (QA), Regulatory Compliance, Technical Knowledge