About the Company
CIBC World Markets is the wholesale banking arm of CIBC, a leading North American financial institution. We provide a full range of investment banking, corporate banking, capital markets, and global markets products and services to corporate, government, and institutional clients. Our team in Nanaimo plays a crucial role in supporting our regional clients and contributing to our broader analytical capabilities, fostering a collaborative and dynamic work environment committed to excellence and innovation.
Job Description
We are seeking a highly motivated and detail-oriented Macroeconomic Research Intern to join our Investment Banking team in Nanaimo. This internship offers a unique opportunity to gain practical experience in macroeconomic analysis within a fast-paced financial markets environment. The successful candidate will contribute to our research efforts by assisting senior economists and strategists in analyzing global and domestic economic trends, preparing research reports, and supporting investment decisions. This is an excellent opportunity for students passionate about economics and finance to apply their academic knowledge in a real-world setting.
Key Responsibilities
- Assist in collecting, cleaning, and analyzing macroeconomic data from various sources (e.g., Bloomberg, Refinitiv, national statistics agencies).
- Support senior researchers in monitoring key economic indicators and market developments relevant to investment banking activities.
- Contribute to the preparation of regular macroeconomic research reports, presentations, and client-facing materials.
- Conduct literature reviews and synthesize findings on specific economic topics or policy changes.
- Verify data accuracy and consistency across different datasets and reports.
- Participate in team meetings and contribute to discussions on economic forecasts and market strategy.
- Undertake ad-hoc research projects as required by the team.
Required Skills
- Strong analytical and quantitative skills.
- Proficiency in Microsoft Excel and PowerPoint.
- Excellent written and verbal communication skills.
- Ability to work independently and as part of a team.
- Demonstrated interest in macroeconomics, financial markets, and investment banking.
- Currently enrolled in an undergraduate or graduate program in Economics, Finance, Business, or a related field.
Preferred Qualifications
- Familiarity with financial databases such as Bloomberg or Refinitiv.
- Basic understanding of statistical software (e.g., R, Python, Stata).
- Previous experience with data visualization tools.
- Strong academic record.
Perks & Benefits
- Opportunity to work with experienced professionals in the investment banking sector.
- Exposure to real-time macroeconomic research and market analysis.
- Mentorship and professional development opportunities.
- Networking opportunities within CIBC World Markets.
- Potential for future career opportunities based on performance.
- A supportive and inclusive team environment.
How to Apply
If you are interested in this position, please click the "Apply Now" button below. To ensure your application is properly considered, please prepare the following:
- An up-to-date Resume or CV
- A brief cover letter summarizing your experience and motivation
Applications are reviewed on a rolling basis. Only shortlisted candidates will be contacted for an interview.
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