CIBC Interview Questions
CIBC Interview Questions

If you are looking for CIBC Interview Questions you have come to the right place.

We all know interviews are stressful and competition is intense.

However, with a small amount of preparation you can ace the CIBC job interview.

Here we will discuss how to successfully answer CIBC Interview Questions.

Note these are practice questions, and we are not affiliated with the mentioned company or able to guarantee specific questions.

CIBC Interview Questions and Answers

1. Tell us about yourself?

  • It’s okay to talk about your hobbies and interests but keep it brief. Try and focus on related work experience. Remember having related work experience will put you ahead of the competition.

2. What can you tell us about CIBC?

Interviewers ask this question to weed out applicants who are hoping to get an interview by randomly applying to hundreds of jobs. Instead, they want to meet with applicants who have done their research about CIBC and want a challenging career in banking.

About CIBC

  • CIBC has three major businesses.  These businesses are retail and business banking, wealth management, and wholesale banking.
  • CIBC boasts 10 million clients, ~44000 employees, 1022 banking centers, and 3011 ATMs.
  • CIBC is considered to be one of Canada’s Five Big Banks.
  • In 1961, The Canadian Imperial Bank of Commerce was formed through the merger of the Canadian Bank of Commerce and the Imperial Bank of Canada.
  • CIBC supports many communities across the country including the Canadian Breast Cancer Foundation, CIBC Run for the Cure, the CIBC Children’s Foundation, CIBC YouthVision, and the United Way.

By The Numbers

  • Clients: 10 million
  • Employees: ~44,000
  • CIBC Banking Centres: 1,022
  • ATMs: 3,011
  • Founded: 1867
  • Headquarters: 199 Bay St., Toronto

Investor facts

* As of or for the year ended October 31, 2020

3. Why do you want to work for CIBC?

CIBC wants to hire someone who believes strongly in the company’s vision and wants to make a positive impact on the organization and its clients or customers.

Let us first review the vision statement, what not to say, and what to say.

Vision Statement at CIBC

Our vision is to be the leader in client relationships. We will build the most trusting and enduring client relationships by putting our clients at the centre of all that we do. We will listen intently to our clients, offering them what they need, and striving to exceed their expectations (*).

What not to say

  • Benefits and Pay.
  • You just need a job and are willing to take anything.
  • It is close to your home.

What to say

  • State what can you bring to this role given your prior work experience.
  • Mention how can you contribute to CIBC’s Vision
  • State you are impressed with awards CIBC has one in regards to top employers and best in banking.

4. What is your greatest strength?

  • The best way to respond to this question is to describe your skills and experience that directly correlate with the job you are applying for. Therefore review the job description and reassure the interviewer that you have the experience and skills to do the job.

5. What is your greatest weakness?

  • You should not deny you have a weakness or state strengths as a weakness (I am a perfectionist, or I work too hard and neglect my friends and family). Consider a weakness that is required but not critical for the job and state that as your weakness.
  • When you state your weakness make sure you say what you are doing to overcome that weakness. For example, I have a fear of public speaking and I have enrolled in a public speaking class to overcome my fear.

6. How would you deal with an upset customer?

  • Listen and let the customer vent.
  • Show the customer you care.
  • Don’t blame the customer or the company.
  • Try to solve the problem or find someone who can.
  • Don’t make promises you can’t keep.

7. Where do you see yourself in five years?

  • This question is designed to see if you have goals but more importantly if you are the right fit for CIBC.
  • Tip! If you don’t know what to say have a look at other CIBC careers and find a job you could see yourself doing in five years.

8. Why should I hire you?

The following tips are recommended when answering this question

  • Be straightforward and confident about your abilities.
  • Highlight the reasons why you are the right candidate.
  • Be enthusiastic about why you want this job.
  • Confirm your ability to work hard.

9. What motivates you?

Possible Answers are

Don’t Say

  • Meeting deadlines, targets, or goals
  • Mentoring and coaching others
  • Learning new things
  • Coming up with creative ideas to improve something, or make something new
  • Working well as part of a team
  • Finding a way to solve a problem, or overcome a challenge

Do Say

  • Money 
  • Employee Discounts

10. Who are CIBC’s competitors?

  • CIBC’s competitors include Bank of Montreal, TD Bank, Royal Bank, Scotiabank, and National Bank.

11. Questions to ask on a CIBC Interview?

  • What do you like best about working here? 
  • How would you describe your ideal candidate for this position? 
  • If I were to start tomorrow what would be my top priority? 
  • What is the history of this position? 
  • What about this position is the most important? 
  • How would you measure my success, and what could I do to succeed in your expectations? 
  • Which part of the position has the steepest learning curve? What can I do to get up to speed quickly?
  • What opportunities will I have to learn and grow?

See Also

Please note we cannot guarantee the questions asked during the interview as we are not affiliated with the company mentioned in this post. These practice questions are designed to increase confidence. Worknearyou.ca takes no responsibility for the success or failure of your interview.