CIBC is a relationship-oriented bank serving clients in the modern financial world. The Summer 2027 Associate will join the Alternate Solutions Group’s Global Payment Services team to support foreign exchange and cross-border payment product development, performance analysis, project execution, business strategy, and client engagement initiatives.
Responsibilities
You will be part of a team focused on developing market-leading foreign exchange and cross-border payment solutions that help clients move money globally, efficiently, and securely. Working alongside experienced professionals, you will support product development, business strategy, and client engagement initiatives across a diverse client base, including financial institutions, corporations, public sector organizations, and CIBC's retail banking network
You will be placed in our **Global Payment Services** (GPS) team, where you will focus on product development, performance analysis, project execution, and improving ASG’s product capabilities. Throughout your term, you will work closely with stakeholders across Capital Markets, Payments, Technology, and Operations, while contributing to meaningful projects that support ASG's strategic growth objectives
Partner with your team to make an impact by applying a technical skillset to help generate insights and/or optimize processes. Showcase highly effective written, oral and presentation skills with an ability to explain complex concepts in a simplified way
Formulate solution scope and objectives to meet the business need and validate requirements, testing, training and implementation of applications
Ensure execution of project control procedures and policies within a number of unrelated large projects
Analyze business opportunities and present recommendations to address through analysis, reporting and research
Qualification
Required
You are enrolled in a master's degree in commerce, Economics, STEM (Science, Technology, Engineering or Mathematics) or related program at the time of the internship, with a graduation date no earlier than December 2027
Location: Toronto
Passion for financial markets – Demonstrate strong technical, quantitative, and analytical skills, with keen interest in the financial markets and proven record of academic success, teamwork and extracurricular involvement
Communication – Partner with your team to make an impact by applying a technical skillset to help generate insights and/or optimize processes
Showcase highly effective written, oral and presentation skills with an ability to explain complex concepts in a simplified way
You have demonstrated interest in Capital Markets. You've built a strong knowledge of Capital Markets, FinTech and the financial services industries which allows you to analyze complex issues and identify & develop innovative opportunities, with a focus on FX & payments
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 digitally savvy. You are proficient in MS-office suite of tools (Excel, PowerPoint, Word, etc.) and are able to use them for financial modeling, presentations and technical project documentation
You're passionate about people. You find meaning in relationships and surround yourself with a diverse network of partners. You build trust through respect and authenticity
You understand that success is in the details. You notice things that others don't. Your critical thinking skills help to inform your decision making
Values matter to you. You bring your real self to work, and you live our values – trust, teamwork and accountability
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
Preferred
Candidates with a technical master's degree (e.g., Mathematics, Engineering, Computer Science, etc.) are highly valued, as well as those with strong analytical skills and relevant experience from non-STEM backgrounds
You're passionate about staying up-to-date with emerging technologies. Experience with Salesforce, Python, Power BI, and courses in Artificial Intelligence are preferred
Benefits
On-site full-time work environment
A banking benefit, subject to program terms and conditions
Wellbeing support
Employee and family assistance programs
MomentMakers, our social, points-based recognition program
Spaces and technological toolkit to bring together great minds to create innovative solutions
CIBC is a financial service company that offers business solutions.
