2026 Summer Intern - Payment Operations
Company: Canadian Imperial Bank of Commerce
Location: Chicago
Posted on: April 2, 2026
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Job Description:
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 CIBC.com CIBC’s Summer
Internship Program is a dynamic, 10-week experience (June through
August) designed to complement your academic training and support
your career aspirations. Centered around the core theme of Learn,
Connect, Grow, the program offers a comprehensive blend of
opportunities to expand your skills and professional network. 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. As a Payment Operations Intern, you will: Wire Transfer
Processing: Assist with the input, review, and release of incoming
and outgoing wire transfers in compliance with bank policies. ACH
Operations : ProcessACH suspensions , handling Proof of
Authorizations, and managing notifications of change. Compliance &
Risk Management: Screen transactions for potential OFAC (Office of
Foreign Assets Control) hits, conducting callbacks to verify wire
details, and adhering to Anti-Money Laundering (AML) policies.
Documentation & Systems: Organize and maintain SharePoint libraries
for payment procedures, uploading/tagging documents, and migrating
confidential information. Support & Troubleshooting : Provide
support for internal staff regarding payment status, inquiries, or
discrepancies. ? HOW YOU’LL SUCCEED : ?? Project Leadership:
Ability to lead projects, develop project management skills, and
collaborate with various stakeholders. Analytical Skills: Ability
to analyze data and research payment issues. Attention to Detail:
Strong analytical skills and a keen eye for accuracy. Adaptability
and agility in dynamic situations Strong teamwork and partnership
mindset Who you are: Currently enrolled student (rising junior or
senior) pursuing a degree in Finance, Accounting, Business
Administration, or a related field. Minimum 3.0 GPA Proficiency in
MS Office Suite, particularly Excel, and familiarity with or
ability to learn banking software/systems. Detail-Oriented:
Exceptional attention to detail to ensure accuracy in high-stakes
financial transactions. Communication: Strong written and verbal
communication skills for interaction with team members and
potentially clients. At CIBC, we offer a competitive total rewards
package. This role has an expected hourly rate of $25.00 per hour
for the State of Illinois market based on experience,
qualifications, and location of the position. CIBC offers a full
range of benefits and programs to meet our intern's needs;
including 401(k) contribution, Paid Time Off (including Sick Leave
and Vacation), and Holidays, in addition to other special perks
reserved for our team members. California residents — your privacy
rights regarding your actual or prospective employment This
position does not offer visa sponsorship At CIBC, your goals are a
priority. We start with your strengths, ambitions and strive to
create opportunities to tap into your potential. 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-carrieres@cibc.com 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.
Expected End Date 2026-08-21 Job Location IL-70 W Madison St, 9th
Fl Employment Type Temporary (Fixed Term) Weekly Hours 37.5 Skills
Analytical Thinking, Communication, Data Trends, Microsoft
Excel
Keywords: Canadian Imperial Bank of Commerce, Wauwatosa , 2026 Summer Intern - Payment Operations, Administration, Clerical , Chicago, Wisconsin
