New York, NY, 10176, USA
1 day ago
Internal Audit Model Risk-2025 Summer Intern
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 (https://www.cibc.com/en/about-cibc.html) The CIBC Summer Internship Program is designed to offer great work experience to complement students’ classroom training and career goals. Throughout the summer, interns will meet with our executive leadership team, network with employees and fellow interns, and participate in community outreach. We are devoted to finding, selecting, and training interns who will make a positive impact on our company while offering a full learning experience. Our Interns will work alongside a lean, proven team of investment professionals, gaining technical and analytical skills. CIBC’s Summer Internship program runs for 10 weeks beginning in June 2025 through August 2025. During this time, you will have access to training opportunities, mentorship, and leadership support. Our leaders are invested in your success during your internship. Our goal is to ensure you have all tools necessary to take advantage of the robust opportunities at hand, resulting in a great summer experience. **What You’ll Be Doing** + Assisting with Model Risk Audit testing + Learning about different types of models used in banking + Documentation of testing results + Helping with project coordination **Who You Are** + Majoring in a quantitative field (e.g. Math, Statistics, Data Science, Financial Engineering, etc.) + 3.3 GPA minimum + Exceptional interpersonal, communication, analytical and problem-solving skills + Excellent organizational skills and ability to multitask + To be eligible for this position, you must be authorized to work in the U.S. + Pursuing a bachelor’s degree, with an expected graduation date between December 2025 and June 2026 **How You Succeed** + You’re digitally savvy. You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends. + 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 understand that success is in the details. You notice things that others don't. Your critical thinking skills help to inform your decision making. + You have passion and are motivated with high career aspirations. Must be capable of assuming significant levels of responsibility for assignments to be completed within short time frames. + You're driven by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to create a shared vision. + 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, our people are our greatest asset. You’ll become part of a diverse community that acknowledges everyone’s unique talents, and empowers teams to do what’s right for the client, and to do it well. As part of our team, you will: + **Thrive:** Benefit from an open and approachable culture that provides the flexibility and support you need to integrate your life at work and at home. + **Connect:** Work in a place where the right technology and infrastructure fosters innovation, collaboration and creativity. + **Develop:** Grow your skills and career through our best-in-class onboarding experience, ongoing learning opportunities, individual development planning, and comprehensive product training. + **Prosper:** Share in our collective success with a competitive salary, incentive pay, banking benefits, health benefits program, and employee share purchase plan. At CIBC, we offer a competitive total rewards package.  This role has an expected hourly rate of $25.00 per hour for the State of New York market based on experience, qualifications, and location of the position. CIBC offers a full range of benefits and programs to meet our intern's needs; including 401(k) contribution, Paid Time Off (including Sick Leave and Vacation), and Holidays, in addition to other special perks reserved for our team members.   California residents — your privacy rights regarding your actual or prospective employment (https://us.cibc.com/en/about-us/california-consumer-privacy-act-employment.html) At CIBC, your goals are a priority. We start with your strengths, ambitions and strive to create opportunities to tap into your potential. **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. **Expected End Date** 2025-09-19 **Job Location** NY-300 Madison Ave., 5th Floor **Employment Type** Temporary (Fixed Term) **Weekly Hours** 40 **Skills** Quantitative Data, Quantitative Economics, Quantitative Methods, Quantitative Models, Quantitative Risk At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability. Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel. Every day, our 44,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.
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