This role pays less than
98%
of similar roles. Most pay
$111,000–$159,406
— the shaded band above.
At the midpoint, this role pays about
$80k
versus about
$135k
for comparable roles.
Based on 240 similar postings.
Employer
About CIBC
CIBC (Canadian Imperial Bank of Commerce) is a leading North American financial institution offering personal, business, public sector, and institutional banking, investment banking, and wealth management services. Industry: Banking & Financial Services
CIBC currently has
6 open roles
on FindRole.
Listed pay typically runs
$120,000–$140,000
across 6 roles with salary data.
As a Business Analyst, you will join the team to manage the full project lifecycle within the banking and financial services industry. You will collaborate with stakeholders, including business users, project managers, and developers, to gather, analyze, and document detailed requirements through interviews and workshops. Your daily responsibilities include creating process flow diagrams, identifying gaps, and managing test planning, execution, and defect reporting. You will also produce critical artifacts like business requirements documents and functional specifications while coordinating with cross-functional teams such as Legal and Compliance. To succeed, you must be proficient in MS Office Suite, Visio, and potentially JIRA or Confluence. The role requires strong analytical skills to translate complex business needs into actionable project tasks while ensuring all activities align with established project management methodologies and internal risk standards.
What does a Business Analyst earn?
Median $119050 from 32 postings across 11 companies.
Gather and document detailed business requirements through interviews, workshops, and brainstorming sessions with stakeholders.
Create clear process flow diagrams to map current and future state operations while identifying gaps and inefficiencies.
Develop comprehensive test plans, including test cases and negative scenarios, to ensure alignment with business requirements.
Manage the full testing lifecycle, including coordinating environments, executing tests, managing defects, and overseeing User Acceptance Testing (UAT).
Support project managers by tracking progress, managing documentation, and identifying risks or issues throughout the project lifecycle.
Act as a liaison between business units, IT departments, legal teams, and external vendors to ensure clear communication.
Create and maintain project artifacts such as Business Requirements Documents (BRD), functional specifications, and status reports.
Propose improvements for project management methodologies and workflows to enhance overall team efficiency.
What we're looking for
A college degree is required for this position.
Minimum of 3 years of experience as a Business Analyst, preferably in the banking or financial services industry.
Proficiency in requirements gathering techniques including interviews, workshops, and documentation analysis.
Proficiency in process flowcharting using industry standard tools to create clear and detailed diagrams.
Experience leading test planning and management, including test case creation, execution coordination, and defect management.
Strong communication and collaboration skills to engage with stakeholders at all levels.
Proficiency in MS Office Suite and Visio.
Legal eligibility to work at the specified location is required.