Sr. FP&A Analyst

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

U.S. Financial Planning & Analysis partners with the business lines and other functional groups to provide insight and analysis. Our core responsibilities include business performance measurement and assessment, analyzing results and recommending improvements; Provide strategic advice to senior management; and support the strategic planning and forecasting processes. Our bank relies on our group to make better decisions, plan for the future, and effectively manage its balance sheet and business as a whole.

What you'll be doing

The Sr. Financial Analyst position within the Financial Planning & Analysis group will be responsible for consolidating SBU quarterly and monthly forecast and annual plan, producing and coordinating on monthly and quarterly reporting and variance analysis, projecting risk weighted capital, and acting as backup for capital planning. 

At CIBC we enable the work environment most optimal for you to thrive in your role. To successfully perform the work, you’ll be on-site in our Chicago, IL office anywhere between one to three days a week.

How you'll succeed

Reporting & Analysis

• Preparation of the monthly and quarterly SBU reporting packs. Provide insightful analysis that identifies the business drivers during the quarter and “tells the story” of the financials.    

• Provide variance analysis to executive management as well as enterprise central planning team.

• Provide support to direct manager and Head of FP&A on ad hoc basis.

• Lead the effort to build and redesign reporting as part of our Finance Modernization program.

Forecasting and Planning

• Manage and coordinate on quarterly forecast schedule among LOB analyst, systems, and enterprise central planning team.

• Run quarterly forecasts for certain SBU top-of-the-house management rollups, including, but not limited to rates, FX, provisions, share-based compensation, etc.

• Reconcile and align forecast results between US local Essbase and enterprise Essbase.

• Under the direction of Head of FP&A, manage offline and off-cycle forecasts by maintaining LE Overlay template.

• Provide support to direct manager and Head of FP&A on ad hoc basis.

• Apply required control standard and maintain required documentation.

• Act as backup for Bank and BHC capital planning process.

Who you are

• You must demonstrate strong analytical skills, investigation stills, and problem solving skills.

• You are proficient in MS Excel (lookups, pivot tables and data manipulation).

• You can prepare executive level PowerPoint presentations to “tell the story” of the fi