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
CIBC Private Wealth and Wood Gundy are focused on providing excellence in relationship-based advice, service and product solutions that meet our clients' needs. We have a comprehensive offer that addresses the full spectrum of wealth building clients - from self-directed investors, to high-net-worth private wealth individuals, to institutional clients.
Portfolio management is a foundational pillar of modern advisory practice. The Fee-Based Solutions team is a strong advocate for disciplined portfolio management across both discretionary and non-discretionary advisory business models, working collectively to help advisors strengthen client outcomes through scalable portfolio construction, that are aligned to client needs and practice goals.
At the heart of this work is the CIBC Unified Account (UA) platform, which serves as the underlying portfolio management and trading system for fee-based solutions. This platform provides a single account solution that holds multiple investment solutions or sleeves, while automating rebalancing and day-to-day cash flow management — bringing greater efficiency, consistency, and precision to the advisory process.
By championing fee-based solutions and disciplined portfolio management, we empower advisors to deliver unbiased, client-centric advice that aligns with long-term goals. This commitment to transparency and excellence not only strengthens client satisfaction but also reinforces the foundation of trusted, enduring advisory relationships.
The Consultant, as part of a centralized team, services and supports Wood Gundy advisor needs as they accelerate their growth through scalable portfolio management practices and Fee Based Solutions. The Consultants will support Advisor book reviews, optimize practices, support pricing optimization, launch new strategies and act as a hub for all fee based support and inquires from Advisory teams. The incumbent will work closely alongside the senior members of the Fee Based Solutions team to identify and execute strategic initiatives across varying functional areas to improve and enhance the Fee Based Solutions programs and Unified Account initiative for investment advisors and clients.
At CIBC we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.
The expected annualized base salary range for this role is $75,870 to $104,320.
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
- Business Development. Uncover and identify opportunities to improve the client and Advisor experience and business effectiveness across the Fee Based Solutions and the Unified Account initiative. Provide critical Advisor practice reviews in support of transitioning into fee based solutions and leveraging scalable portfolio management practices including Discretionary and Unified Accounts. Assist in developing project plans and executing program wide initiatives in areas such as investment management, investment strategy and account type launches, trading and operations, reporting, taxation and marketing. Coordinate project planning across cross functional teams to ensure smooth execution of initiatives (stakeholder partners include Compliance, Legal, Operations, Marketing, Investment Management Research, Sales Specialists, etc.). Become a go to resource for Senior Management in the creation of presentations to support strategic initiatives, management committees such as Discretionary Intakes or training sessions.
- Relationship Management. Serve as subject matter expert for inquiries from internal and external stakeholders (e.g. Advisors, Operations, Sales, Marketing) on Advisory, Discretionary and Unified Accounts. Assist in the on-going management of sub-advisory relationships. Solicit and collect feedback from Wood Gundy Advisors to identify opportunities for improvements (efficiencies, Advisor/client experience). Manage vendor relationships and activities in areas including proxy voting, class action settlement and litigation, as well as performance/tax reporting, and client/advisor complaints relating to the administration, and account maintenance of Fee Based Solution accounts.
- Operational Support. Review current process and procedures for opportunities to optimize, rationalize or transform. Develop, maintain and advisor and client facing documents such as tax, factsheet and performance reporting documents in conjunction with cross-functional teams. Understand regulatory risks and requirements to prepare and validate data relating to fee-based audits. Participate in the management of the Fee Based Solution Mailbox(es), effectively and efficiently resolving and re-routing queries and requests received from Wood Gundy branches. Provide monthly support to Fee Billing and Client Reporting teams, and handle escalations as they arise. Assist in transitioning the Fee Based Solutions onto the Unified Account program through analysis of pricing, Advisor activities and reviews of current processes for potential improvements.
Who You Are
- You can demonstrate experience in financial services working within a brokerage platform and/or knowledge of the Canadian wealth management industry (5+ years). You ideally have knowledge of Fee-Based Solutions such as Separately Managed Accounts, Advisor Managed Discretionary programs, Non-Discretionary programs and/ or Unified Account programs. Preference is if the experience is with CIBC’s offering.
- You put our clients first. You have a strong commitment to client service and the ability to communicate effectively and efficiently to advisors and associates as well as a variety of internal/external stakeholders
- You give meaning to data. You enjoy investigating problems, and making sense of information. You synthesize information quickly and accurately. You're confident in your ability to communicate detailed information in an impactful way. You leverage your problem solving skills to creatively develop new approaches and solutions necessary to resolve financial problems.
- 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 bring a shared vision to life. You have demonstrated project management experience; you can plan, prioritize and organize work effectively, to meet deadlines, while managing competing priorities.
- Strong technical knowledge You are an expert in MS Office tools, advanced knowledge of Excel, VBA Macros, PowerPoint are mandatory. Experience with Power BI, Tableau and Alteryx would be an asset. The ability to leverage Artificial Intelligence applications such as ChatGPT, Gemini or Claude would be vital. MyClient, Broadridge, MPower, FBS, CGI Wealth 360, or have previous experience with other wealth management platforms and industry applications would be a differentiator.
- Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability. You build and maintain effective working relationships with internal groups, other business units and internal partners within CIBC.
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 [email protected]
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.
