Payments (Product & Design Cash Management) - Winter 2027 (4 or 8 Months)

At CIBC we enable the work environment most optimal for you to thrive in your role. To successfully perform the work, you’ll be on-site full-time.

The expected annualized base salary for this role is $100,000

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.

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.

Important information

• You are enrolled in an undergraduate or graduate degree in Commerce, Mathematics, Engineering, or related at the time of the internship and are on track to complete your undergrad or grad program no sooner than August or December 2027

• Applications should include your resume (no more than 1 page), cover letter (no more than 1 page), and an unofficial transcript all uploaded to the Resume/CV section of the application in one single document.

• Location: Toronto.

• Duration of Work Term: 4 months or 8 months (January 2027 – April 2027 or December 2027).

• This job posting closes on September 18th at 11:59PM EST. Applications may be reviewed on a rolling basis. We encourage you to apply as soon as possible

How you’ll succeed

• Market and competitive analysis. Research and track relevant market trends, regulatory developments, and emerging technologies. Compare payment offerings across the market—including digital assets, cash management, liquidity and global transaction banking solutions.

• Product-development support. Assist with ad hoc research, data gathering, presentation materials and other activities that support payments product development and team initiatives

• Team collaboration and insights. Partner with teammates across Payments to synthesize findings, share insights, and contribute to recommendations that help inform product priorities and business decisions.

Who you are

• You have demonstrated interest in Capital Markets. You are highly motivated, accomplished and success-oriented individual who has a keen interest in pursuing a career in the financial services industry demonstrated through school courses, clubs and/or related work experience.

• You’re digitally savvy. You are proficient in MS-office suite of tools (Word, PowerPoint, Excel). 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 are organized and work gracefully under pressure. You can juggle multiple tasks and prioritize work to make timely decisions and take appropriate action.

• 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 understand that success is in the details. You notice things that others don't. Your critical thinking skills help to inform your decision making.

• Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.