2026 Summer Intern - Payment Operations at CIBC US in Chicago, IL

Summary: CIBC is building a relationship-oriented bank for the modern world, seeking talented professionals dedicated to client service. As a Payment Operations Intern, you will assist with wire transfer processing, compliance and risk management, and provide support for internal staff regarding payment inquiries. Responsibilities: - Assist with the input, review, and release of incoming and outgoing wire transfers in compliance with bank policies - Process ACH suspensions, handling Proof of Authorizations, and managing notifications of change - 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 - Organize and maintain SharePoint libraries for payment procedures, uploading/tagging documents, and migrating confidential information - Provide support for internal staff regarding payment status, inquiries, or discrepancies Required Qualifications: - 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 - Exceptional attention to detail to ensure accuracy in high-stakes financial transactions - Strong written and verbal communication skills for interaction with team members and potentially clients - Ability to lead projects, develop project management skills, and collaborate with various stakeholders - Ability to analyze data and research payment issues - Strong analytical skills and a keen eye for accuracy - Adaptability and agility in dynamic situations - Strong teamwork and partnership mindset Required Skills: Wire Transfer Processing, Compliance & Risk Management, Analytical Skills Important Skills: MS Office Suite Internship Start Date: Start in 2026 Summer Benefits: 401(k) contribution, Paid Time Off (including Sick Leave and Vacation), Holidays