Head office: Toronto (Ontario)
Year of creation: 1961
Type of company: public
Sector of activity: banking and financial services
CIBC is a Canadian financial institution providing banking and financial services to over 11 million clients in Canada and around the globe. It operates in retail, business and wholesale banking, as well as wealth management. It is one of Canada’s five largest banks.
CIBC relies on many diverse roles within its organization to achieve its mandate. Account officers, collection agents, managers, investment consultants, customer service representatives, mortgage advisors, and analysts are among the more than 44,000 employees it engages.
CIBC provides its employees with a competitive salary as well as a benefits package that includes performance incentive programs, health, dental and disability insurance, a wellness plan, a pension, a three week paid vacation and tuition assistance. Additionally, it offers flexible work schedules, telecommuting and compressed work weeks.
CIBC invests in its communities through corporate donations and sponsorships, and by encouraging employees and former employees (retirees) to volunteer their time by participating in various CIBC programs, such as runs, walks and donations. Employees may use specific work days for the activities. In 2017, CIBC invested more than $70 million in 2200 charitable organizations across Canada and the U.S. CIBC also prides itself on its innovation, diversity and inclusiveness. It is one of Canada’s Best Diversity Employers.