Sr. Financial Analyst, Wealth Finance

Job title: Sr. Financial Analyst, Wealth Finance

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

Job Description

What You’ll Be Doing
The Sr. Financial Analyst is responsible for the financial oversight of Wood Gundy LOB within Wealth Management and is accountable to consult with business partners to support effective business decisions and strategic direction. The Sr. Financial Analyst will assist in the oversight of all financial aspects of the line of business and will maintain relationship with key business partners including Wood Gundy sales leaders and the business heads of the business and across Wealth Management.

At CIBC we enable the work environment most optimal for you to thrive in your role. You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 1-3 days per week on-site, while other days will be remote.

How You’ll Succeed

Analysis – Evaluate business unit performance through detailed monthly variance analysis of financial and management accounting revenues/expenses and key business metrics (including FTE, cost savings initiatives etc.), with comparisons to prior year, plan and forecast. This includes working closely with the Reporting and Accounting teams under Finance Controllership and Operations, Wealth Management Finance and key functional groups within the business to resolve financial and management issues and communicate their impact on the businesses including all adhoc inquiries and analysis including business case review and the plan transfer process

Forecasting – Responsible for the preparation of the quarterly forecast (latest estimates) and the annual budget and planning process (including strategic and transformational initiative plans) for the business, which includes ensuring the financial models, key drivers and assumptions are accurate and presenting updates to senior management in the business and Wealth Management Finance

Reporting – Provide accurate in-depth reporting/analysis on Direct Operating Expenses, Cost Allocations from Service Partners across the bank and FTE to the senior management teams within Wood Gundy and Wealth Management Finance including the overview and management of the LOB’s CCIS hierarchy

Who You Are

• Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.
• 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 act like an owner. You thrive when you’re empowered to take the lead, go above and beyond, and deliver results.
• You embrace and champion change. You’ll continuously evolve your thinking and the way you work in order to deliver your best.
• You give meaning to data. You enjoy investigating complex problems, and making sense of information. You’re confident in your ability to communicate detailed information in an impactful way.
• You’re a certified professional. You have a professional designation in accounting (CPA) and/or MBA and have good working knowledge of CIBC’s reporting structure and systems (EBI, Essbase, FAR/MAR, GL:M etc.).

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 health benefits program, defined benefit pension plan, an employee share purchase plan 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.

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

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.

Job Location Toronto-81 Bay, 12th Floor

Employment Type Regular

Weekly Hours 37.5

Skills

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