Opportunity Scholarship, Private Wealth, Summer 2026 Co-op

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

What you'll be doing

At CIBC, we are on a mission to build a client-focused, connected, and performance-driven team and are seeking applicants who can help us transform our bank.

The CIBC Opportunity Scholarship helps match talent opportunities for students facing barriers to entry into careers in financial services. Eligible students enrolled in full-time undergraduate programs in Canada can receive a scholarship and paid internships in Global Asset Management and Commercial Banking and Wealth Management.

This scholarship is available at the bachelor's degree level valued at $10,000 CAD, available for one academic year. In addition to the scholarship, the successful applicant will be offered a paid summer internship in Private Wealth.

As an intern or co-op student, you will support the branch from an operational perspective, gaining broad exposure to how the branch functions day-to-day. You will collaborate with the branch operations team, which serves as the first point of contact for clients, greeting visitors, booking meetings, and handling a variety of ad-hoc administrative tasks.

The office relies on the branch operations team for approvals and various requests, and you will play a key role in ensuring these processes run smoothly.

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 $50,840–$60,000.

The base salary is determined by a variety of factors, including the candidate's skills, experience, and job-related knowledge, as well as geographical 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

• CIBC reserves the right to modify or amend the CIBC Opportunity Scholarship at any time without further notice.
• Applications are assessed on:
• Academic performance;
• Volunteer/community involvement and/or extracurricular activities;
• Essays demonstrating barriers faced to entry and scholarship impact; and
• Resumes and interviews.
• The selection of scholarship recipients is made by CIBC.
• Preference will also be given to students whose field of study aligns with business needs. All applicants will receive confirmation by email of the results of the selection process, once available.
• If a recipient decides not to complete their internship with CIBC, they will no longer be eligible to receive scholarship funds. The scholarship must be paid out in the same year that they intern with CIBC.
• Recipient must return to academic studies in September 2026; once accepted, scholarship payment and/or summer internships cannot be deferred to a later year.

How you'll succeed

• Summer Internship – You are legally eligible to work in Canada, participate in and complete a full-time Summer 2026 internship with CIBC Private Wealth (Wood Gundy) - Waterloo
• Eligible Institution – You are part of a Canadian university and/or college which has recognized provincial degree granting powers.
• Apply – You can submit an online application no later than Friday, February 6, 11:59 PM Eastern Time.
• Required Documents – You must provide a copy of your resume and submit two (2) essays under the 'My Experience' portion of your application. These should all be uploaded into the 'Resume/CV' section as one PDF document. Essays should be on the following:
• Describe the challenge you face pursuing a career in financial services? How do you feel your identity or background (e.g., gender, socioeconomic status, ethnicity, sexual orientation, etc.) have created barriers to opportunity? (250 words or less)
• Why would you like to work for CIBC? (250 words or less)

Remember, your application must be complete to be evaluated, and deadline extensions will not be granted. If any of the requirements noted above are not met, the application will be considered incomplete. Deadline extensions will not be granted.

Please note
: The student is considered the owner of the application and must be eligible for the scholarship according to the program guidelines.

Who you are

• You are entering second or third year towards a first bachelor's degree in the academic year from any field of study.
• Values matter to you. You bring your real self to work, and you live our values – trust, teamwork and accountability.

If you are a successful recipient:

• Successful Applicants – You will receive confirmation of your scholarship by April 2026 along with internship placement (business unit and internship start/end dates). Recipients will be required to complete an online scholarship acceptance process and forward any required documentation such as proof of registration from the institution they will be attending. Scholarship payment will be supported by Scholarship Partners Canada (SPC).
• Your payment will be issued between May-August 2026, at the start of the student's internship with CIBC. It can take six to eight weeks, depending on the method of payment chosen. Funds will be sent to your educational institution on behalf of the sponsor.
• You will make sure to pay your tuition fees within the defined time frame, regardless of the timing of scholarship payment. Your institution will reimburse you according to their normal practices.

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 work to recognize you in meaningful, personalized ways including a competitive compensation, a banking benefit*, wellbeing support and additional offers such as employee and family assistance programs 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.
• Subject to 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 Mailbox.careers-
• 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.

Expected End Date

Job Location
Waterloo-150 Caroline St. S,3

Employment Type
Temporary (Fixed Term)

Weekly Hours
37.5

Skills
Communication, Customer Service, Financial Services