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
What You’ll Be Doing
The SNS team supports the Structured Notes business with daily operational support surrounding the Calculation Agent function, enhanced reporting, and FP&A requirements. SNS’s accountabilities are multi-faceted (ranging from trade capture review to regulatory reporting to new initiatives delivery) and are continuously evolving to meet the requirements of an expanded business both in terms of volume and complexity of the products offered, and of an enhanced regulatory and reporting environment.
As an Associate, you will be mainly accountable for accurately calculating & validating the performance and payouts of structured notes as well as the delivery of new SNS initiatives impacting Trading and Finance, supporting the launch of new products, automation of current processes and FP&A activities.
This role requires a deep understanding of financial instruments, market dynamics, and complex mathematical models. The ideal candidate will have strong analytical skills, attention to detail, and the ability to work effectively in a fast-paced environment.
At CIBC we enable the work environment most optimal for you to thrive in your role. You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 1-3 days per week on-site, while other days will be remote.
How You’ll Succeed
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Deliver on key initiatives - Actively support assigned project streams or responsibilities, providing SME, BA support, ensuring both internal projects and CIBC wide projects are partnered effectively, and executed upon.
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Automation - Gather business requirements from impacted team members, brainstorm how to best deliver improvements and/or provide recommendations to enhance efficiencies, and capture that through proper documentation.
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Support the launch of new products - Work closely with Trading and Structuring to support process for new structured notes products. Review the booking in source (valuation) system, and coordinate with Trading, Advisory, Trade Control, and DFE/Accounting teams to ensure completeness of bookings across various lines of business impacted, and accuracy of accounting parameters driving GL journal entries.
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Support with FP&A activities and various ad-hoc requests - Provide timely and accurate analyses for business’s financial plans and any ad-hoc requests from business and Finance. Stay current on tools and information available to contribute to improving the effectiveness of data analysis and business initiatives
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Develop and maintain relationships - Interact with Finance and Capital Markets senior management, as well as partner with other infrastructure groups on initiatives
Who You Are
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You can demonstrate experience working with Capital Markets products in a previous role in Finance, Accounting or Product Control environment. It’s an asset if you have or are working towards a professional designation (CPA, CFA, FRM, MFin, etc.). Previous experience related to project management would be a plus.
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You give meaning to data. You enjoy investigating complex problems, and making sense of information. You're confident in your ability to communicate detailed information in an impactful way.
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You embrace and champion change. You'll continuously evolve your thinking and the way you work in order to deliver your best.
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You're driven by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to bring a shared vision to life.
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Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.
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 aspire to give you a career, rather than just a paycheck.
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We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program*, defined benefit pension plan*, an employee share purchase plan, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program.
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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.
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We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.
*Subject to plan and program terms and conditions
What you need to know
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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 [email protected]
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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.
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We may ask you to complete an attribute-based assessment and other skills tests (such as simulation, coding, French proficiency, 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.
Job Location
Toronto-161 Bay St., 9th
Employment Type
Regular
Weekly Hours
37.5
Skills
Accountability, Business Initiatives, Capital Markets, Detail-Oriented, Financial Instruments, Management Reporting
CIBC Toronto, Ontario, CAN Office
Square, 81 & 141 Bay, Toronto, Ontario, Canada