Business Development Officer

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

The Business Development Officer is responsible for the creation of new business with high net worth individuals, family offices, endowments and foundations.

The Business Development Officer works closely with Relationship Managers, Investment and Wealth Specialists and other sales professionals to orchestrate activities to achieve business development strategies.

This position also takes a lead role in promotional events and seminars with existing clients, prospects and intermediaries.

How you'll succeed

Contribute to the growth of new revenues through the acquisition of new clients who have sophisticated financial needs, are people of influence or who require complex financial solutions through appropriate business development activities.

This includes establishing a high and positive profile within the market.

• Manage select client relationships to maximize retention and grow the business in accordance with the investment objectives of the individual clients, and the investment policies and strategies of the organization.
• In partnership with Relationship Managers, Investment and Wealth Specialists and other sales professionals deliver against the national sales strategies.
• Develop a personal referral source networks (attorney, accountant, banker, etc.), calling on individuals and institutions to build pipeline of business prospects.
• Responsible for developing relationships and opportunities with existing channel relationships.
• Identify areas to build strategic relationships, and create and facilitate forums such as promotional events, seminars and meetings to develop new alliances and formal networks.
• Establish and maintain effective partnerships and teamwork to ensure a level of service delivery that is professional, seamless and timely.

Who you are

• Bachelor's degree and / or MBA, CFP, CFA, JD, CTFA, CPA
• 10+ years of experience in wealth management or a closely related field
• Extensive knowledge of investment strategy, trust administration and wealth management solutions
• Highly dynamic sales professional with a successful track record of business development and relationship management experience
• Proven ability to effectively raise assets
• Exceptional verbal and written communication skills
• Excellent presentation skills in both one-on-one and group settings
• Proven ability to successfully market and present to sophisticated client
• Delivery style reflecting an entrepreneurial spirit and a passion for growth

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $125,000 - $150,000 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.

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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 M redacted

• 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

100 Saint Paul Street

Employment Type

Regular

Weekly Hours

Skills

Business Development, Client Relationship Management, Competitive Intelligence (CI), Customer Retentions, Investment Research, New Business Acquisition, People Management, Promotional Activities, Relationship Management