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
What you'll be doing
Our Sales Reporting and Analysis team plays an important role in supporting variable compensation programs through accurate reporting, strong controls, and effective partner support. As a Business Analyst, you'll support the Manager, Sales Reporting and Analysis with the validation of sales for a seasoned Financial Planning Consultant sales force. You'll review and validate reported sales activity to ensure it is accurate, complete, and submitted on time, while aligning to the applicable compensation plan requirements. You'll conduct independent audits and pre-audits to confirm the appropriate actions have taken place for transactions to qualify for compensation. You'll also investigate potential discrepancies, prepare queries, and support reporting and communications for management and business partners. In everything you do, you'll help ensure regulatory requirements are met and that the integrity of the sales validation process is maintained.
At CIBC we enable the work environment most optimal for you to thrive in your role. You will 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.
The expected annualized base salary range for this role is $51,500 to $57,300.
The base salary is determined by a variety of factors, including the candidate’s skills, experience, and job-related knowledge, as well as geographic location and specific business needs. Our compensation philosophy supports ongoing growth and development, enabling progression within the salary range as team members advance in their roles.
In addition to base pay, compensation for this role includes participation in an annual discretionary incentive or bonus program.
We are committed to providing fair, equitable, and competitive compensation opportunities for all employees and we encourage open conversations about compensation throughout the recruitment process.
How you'll succeed
- Sales validation and auditing - Review, audit, and validate sales reported by Financial Planning Consultants to ensure transactions are accurate, complete, timely, and aligned to compensation plan requirements.
- Pre-approval support - Support the front-end sales approval process by conducting pre-audits and confirming that required actions and documentation are in place before transactions are considered for payment.
- Issue identification and resolution - Identify potential discrepancies, generate queries, and follow up with the appropriate partners to support timely investigation and resolution.
- Reporting support - Assist the Manager, Sales Reporting and Analysis with recurring and ad hoc reporting, as well as communications related to sales reporting and validation activities.
- Risk and compliance focus - Apply due diligence and strong controls to help maintain sales integrity and ensure all activities comply with internal policies and regulatory requirements.
Who you are
- You give meaning to data. You enjoy investigating complex problems and making sense of information. You communicate detailed information in a meaningful way.
- You know that details matter. You notice things that others don't. Your critical thinking skills help to inform your decision making.
- You're motivated by collective success. You know that teamwork can transform a good idea into a great one. You know that an inclusive team that enjoys working together can bring a vision to life.
- You can demonstrate experience in sales reporting, auditing, validation, and data analysis. It’s an asset if you have experience supporting compensation programs or working in financial services.
- You have a degree/diploma in business, finance, accounting, analytics, or a related field.
- Values matter to you. You bring your real self to work, and you live our values - trust, teamwork, and accountability.
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*, defined benefit pension plan*, an employee share purchase plan, 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
CIBC is committed to clarity in our hiring process. All roles posted are opportunities we’re actively recruiting for, unless stated otherwise.
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 test (such as simulation, coding, French proficiency).
We use artificial intelligence tools during the recruitment process. 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
Toronto-81 Bay, 34th Floor
Employment Type
Regular
Weekly Hours
37.5
Skills
Analytical Thinking, Business Effectiveness, Communication, Data Analysis, Data Reporting, Prioritization, Problem Analysis, Reporting and Analysis, Teamwork, Troubleshooting
