Business Analyst

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 Requirements Gathering Collaborate with stakeholders, including business users, project managers, and developers to gather and document detailed business requirements Conduct interviews, workshops, and brainstorming sessions to elicit requirements, ensuring a comprehensive understanding of business needs Analyze and validate requirements, ensuring they are feasible and aligned with project objectives Documentation of Process Flows Create clear and concise process flow diagrams, mapping out current and future state processes Identify and manage changes to key and non-key controls in project/program scope Identify process gaps, inefficiencies, and areas for improvement Collaborate with stakeholders to validate process flows and ensure accurate representation of business operations Test Planning and Management Develop comprehensive test plans with test objectives and test cases (including negative test scenarios) based on gathered requirements Coordinate with technology development teams to ensure appropriate test environments are set up and ready for testing activities Execute and manage test activities including test execution, defect management, and reporting Collaborate with stakeholders to perform User Acceptance Testing (UAT), ensuring alignment with business requirements Project Support Work closely with program/project manager(s), providing support throughout each project lifecycle phase Assist in project planning, tracking progress, and managing project documentation Contribute to project risk and issue management Collaborate with cross-functional teams to ensure smooth project delivery Creation and distribution of meeting meetings for meetings you lead Project Planning and Monitoring for BA-related Activities: Partner with program/project Manager(s) in developing detailed project plans including timelines, milestones, and resource allocations Monitor project progress against established plans, identify potential risks or issues, and propose mitigation strategies Stakeholder Management for BA-related Activities: Collaborate with cross-functional teams, including business units, functional groups, IT departments, and external vendors to ensure clear communication and coordination throughout the project Facilitate regular meetings, workshops, and presentations to update stakeholders on activity status, and risk and issue resolution Documentation and Reporting Create comprehensive project documentation, including business requirements, functional specifications, use cases, and process flows Develop and maintain project artifacts, such as the business requirements document (BRD), test plan, and process flows Assist the Program/Project manager(s) in preparing status reports, dashboards, and presentations to communicate activity status, risk, and issues to senior management and PMO as requested Process Improvement Continuously evaluate and improve project management methodologies, tools, and templates to enhance project efficiency and effectiveness Identify areas for process optimization and contribute to the development on best practices within the PMO Provide recommendations for streamlining workflows and implementing standardized project management practices CROSS-FUNCTIONAL RELATIONSHIPS (Legal, Compliance, External, etc.): Is a liaison between Lines of Business (LOB), Functional Groups (e.g. Compliance, Legal, Risk), technology teams, External Vendors, and support teams as it relates to scope of Business Analyst responsibilities and deliverables. COMPLIANCE REQUIREMENTS/RESPONSIBILITIES (if applicable) As an employee of CIBC, the incumbent must comply with all applicable CIBC and Line of Business policies, standards, guidelines and controls. CONDUCT & CULTURE RISK Our CIBC risk culture is based on employees striving to exceed the expectations of ourselves and our leadership’s identification and mitigation of risks in their daily responsibilities, not just in quarterly or annual monitoring/assessments. We all are accountable for managing risk. As an employee of CIBC the incumbent must conduct themselves (and foster an environment for others) in a manner consistent with our strong risk culture. This includes: Following all aspects of the CIBC Code of Conduct, as well as all applicable CIBC policies, frameworks, guidelines, processes and controls At all times acting in accordance with our Purpose and shared values, to achieve our Bank’s strategic goals Understanding and following the qualitative and quantitative components of our Risk Appetite Statements Completing all annual Corporate Mandatory Training and Testing modules, as well as any additional business-specific modules, as required and employing the learnings in daily activities and undertakings Escalating matters through one of the appropriate channels identified in the CIBC Code of Conduct (i.e., HR, management, Ethics Hotline, Whistleblower, etc.) upon observing activities that may be inconsistent with CIBC’s policies, frameworks, guidelines, processes and controls Speaking up if witnessing behaviors that drive poor or unfair outcomes for clients, team members or other stakeholders Escalating matters that can result in adverse market practices and outcomes, thereby negatively impacting CIBC’s reputation as a leading financial institution KNOWLEDGE AND SKILLS ( e.g., technical, programming language, management experience etc.) Proven experience as a Business Analyst in a Waterfall or Agile project management environment preferably within the banking or financial services industry Minimum 3 years experiences as a Business Analyst, preferably at a financial institution Strong understanding of project management principles and methodologies Proficient in requirements gathering techniques, including interviews, workshops, and documentation analysis Proficient in process flowcharting techniques, including the ability to create clear and detailed process flow diagrams using industry standard tools Experience leading the test planning and management process including test plan development, test case creation, traceability documentation that all business requirements have been met, coordination of test case execution and defect management Strong communication and collaboration skills with the ability to effectively engaged with stakeholders at all levels Strong analytical and problem-solving skills, with the ability to translate business requirements into actionable test cases, project tasks, and deliverables Ability to prioritize and manage multiple tasks simultaneously in a dynamic, fast-paced environment Detail-oriented mindset with a focus on accuracy and quality Proficient in MS Office Suite and Visio College degree required Experience with JIRA, Confluence, or other industry-standard test management tools is a plus Familiarity with banking operations, banking regulations, and financial systems is a plus Professional certification, such as CBAP (Certified Business Analysis Professional) is a plus. At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $70,000.00 - $90,000.00 for the market 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 may also 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. Work Environment: Hybrid, 2 days in office, 3 days remote 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 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 IL-120 S LaSalle St Employment Type Regular Weekly Hours 40 Skills Business Effectiveness, Communication, Data Mining, Data Reporting, Decision Making, Machine Learning (ML), Metrics Analysis, Process Improvements, Reporting and Analysis, Statistical Analysis