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Canadian Imperial Bank of Commerce

Analyst, PWM US Operations

Canadian Imperial Bank of Commerce, Boston, Massachusetts, us, 02298


Analyst, PWM US OperationsApply locations: Boston, MA

Time type: Full time

Posted on: Posted 2 Days Ago

Time left to apply: End Date: December 2, 2024 (25 days left to apply)

Job requisition id: 2423748

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.

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 updates 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.

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

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