New York, NY, USA
8 days ago
Energy, Infrastructure and Transition Associate, Investment Banking

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

About Our Group 

The Energy, Infrastructure, & Transition (“EIT”) team provides investment banking services to existing and prospective clients in the renewable and conventional power, utilities, midstream, upstream energy, infrastructure, energy transition and climate technology sectors. The team has a global coverage strategy across North America, Europe, Latin America, Asia, and Australia. Our client-centric approach incorporates M&A and other financial advisory services with full access to the debt, equity and loan capital markets. The team also delivers complex risk and hedging solutions to clients. The EIT team manages a market leading platform from our offices in Toronto, New York, Houston, Calgary, London and Bogota.

The team’s coverage mandate includes renewable and conventional power (solar, wind, hydro, biomass, natural gas and storage), utility and utility infrastructure (regulated utilities, district energy), energy transition (hydrogen, CCUS, biofuels, climate technology), infrastructure (airports, roads, ports, rail and logistics, digital), midstream and upstream oil and gas. The EIT team supports our clients through a variety of transactions including M&A, capital structure and strategic advisory, equity and debt capital financings, and tax equity transactions. Through such transactions, our specialized global platform and subject matter expertise enables us to help our clients meet their goals, including net zero and climate goals.

With guidance from Managing Directors, Executive Directors or Directors, you will complete assignments that impact the firm's bottom line through transaction and financing execution, client relationship support, industry and company research, and contributing to the overall communication flow across our global offices. The role provides you with steep learning and an ability to observe and influence the strategic direction of our clients’ businesses with exposure to company executives and board of directors.

How You’ll Succeed 

Associates on the EIT team will be expected to provide a broad range of analytical, research and presentation preparation support to all the professionals within their group and play a critical role in mentoring and training Analysts on the team.  Typically, Associates are assigned to a variety of transactions and advisory projects, such as mergers & acquisitions, divestitures, equity and debt financings, and capital structure and strategic advisory projects, and must have strong prioritization and multi-tasking capabilities. You will also be expected to maintain an awareness of our clients, industry, regulatory issues and relevant economic/political trends.

Applying your strengths in quantitative analysis to create and direct complex financial analysis and models while extracting the “big picture” implications of such analysis will be critical to your success.

The role of an Associate is challenging and fast-paced.  It requires dedication, passion for the industry and a very solid work ethic. You must be able to accept flexibility in required personal time commitments to complete work assignments.

As part of the EIT deal team, you will gain exposure to working with individuals from various groups across the firm, globally. A team approach to executing coverage, M&A advisory and financing assignments is designed to provide progressive on the job training.

What You’ll Be Doing

Assist in executing all facets of the group’s mandates

Conduct industry research and analysis to assist in the identification and/or analysis of investment banking business opportunities

Play a key role in the preparation of client proposals, “pitchbooks” and the execution of new and existing client mandates, including overseeing Analyst work:

Develop and audit sophisticated financial models

Participate in cross functional teams and liaising with other units of CIBC Capital Markets in executing mandates or preparing proposals for clients

Prepare industry and financial analysis to assist with the development of client recommendations

Lead industry comparable value and transaction precedent analyses

Assist in company due diligence investigations

Support senior investment banking colleagues and directing and training analyst teammates

Take advantage of in depth technical and industry knowledge, as well as the geopolitical environment to generate transaction ideas/opportunities that can be discussed with the relevant relationship manager and deal/coverage teams

Relationship Building –  Grow your internal and external networks by participating in the following activities:

Coordinating client-focused and/or deal-focused “brainstorming” sessions with relevant team members and product specialists

Liaising with other units of CIBC Capital Markets in preparing proposals for clients

Developing relationships and actively communicating with various appropriate contacts at our clients

Developing and maintaining an internal network with product groups and other business groups

Developing and maintaining an external network with the market (i.e. key stakeholders, clients, prospects, etc.)

Supporting CIBC’s “Culture of Care” through involvement in community activities

Actively managing and mentoring the Analysts that work with you and providing regular feedback to them 

Who You Are

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

You are success-oriented. Extremely dedicated and motivated individual with high career aspirations. Must be capable of assuming high levels of responsibility within short time frames. Success to you is helping solve and execute on the complex financial and strategic needs of our clients.

Education You’ve Completed. Finance, accounting, mathematics, computer science or economics undergraduate degree. Completion of a CA or CFA, is preferred and an MBA or Masters in Finance is an asset.

Industry Experience. A minimum of 3 to 4 years of previous experience in one or more of investment banking, corporate finance, private equity, project financing, tax equity, or investment review.  Experience must have included meaningful financial modeling and analysis. Working knowledge of the power/renewables, utilities, infrastructure, midstream, and/or energy transition sectors as well as direct investment banking experience are assets.

Financial Skills. Excellent analytical ability including demonstrated knowledge of valuation techniques and practices, including cash flow and returns analyses. Knowledge of accounting principles relating to financial statement preparation and business combinations.

Technical Skills (Programs, Methodologies, Systems). Strong quantitative technical skills as it relates to basic computer applications (Excel, Word, PowerPoint), industry technology (FactSet, Bloomberg) and other applicable software.

Collaborative and Professional. Well-developed interpersonal and relationship building skills in order to develop, manage and leverage relationships with clients, and internal and/or external business partners. Well-developed written and verbal communication skills sufficient to provide detailed explanation and interpretation of factual and conceptual information and ideas related to complex technical and conceptual issues. Unquestioned professionalism, ethics and reputation and proven ability to exercise strong independent judgment when making business decisions and/or representing CIBC Capital Markets.

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $175,000-$225,000 for the New York, New York 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

NY-300 Madison Ave., 8th Floor

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
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