Associate, Global Markets

What You’ll Be Doing 

The Capital Markets arm of CIBC serves corporate, government and institutional clients with innovative solutions and value added services. From actionable ideas to highly-tailored financing solutions, M&A advice and a strong line-up of capital markets and treasury services, CIBC Capital Markets teams can provide the capabilities the clients need to help capitalize on opportunities and manage risk.

The Global Foreign Exchange Trading group offers Spot, Forwards, Short Term Interest Rate Trading and FX Option solutions to CIBC’s top-tier institutional clients in Canada and around the world.  As a member of the STIR Trading team you will focus on market making STIR products for the European session.

How You’ll Succeed

• Market making STIR products in G10 currencies for the electronic and voice business.

• Demonstrating good risk management skills for the full range of STIR products

• Work within of a global team that manages STIR risks for the bank 24 hours a day, 5.5 days a week.  

• Provide daily and on demand market color for internal and external stakeholders when requested regarding overall market sentiment, liquidity conditions and macroeconomic views.

• Work productively with the global sales team to help build the existing franchise which includes real money accounts, pension funds, government institutions, corporate clients and hedge funds.

• Manage the firms risk and exposure in the most efficient and optimal way including working with the eFX business and colleagues in other centers and job functions.

• Run, report and review daily P&L reports.

• Ensure adherence to the firm risk limits, compliance and regulatory requirements.

Who You Are 

• Up to 3 years’ experience in risk taking and market making or related experience.

• Demonstrated ability to manage risk and monetize franchise value.  

• Demonstrated knowledge of the implications of global macroeconomics and geopolitics as it pertains to FX and financial markets.

• Undergraduate/graduate degree in Mathematics, Finance, Technology, Engineering.

• Very proficient in the use of advanced functions in Excel, VBA

• Good interpersonal skills and a team player

• Genuine interest in global financial markets

• Entrepreneurial mindset and the ability to work under one’s own initiative

• Working knowledge of Bloomberg

• Proven ability to excel in fast-paced environment with constantly changing priorities

What CIBC Offers

At CIBC, our people are our greatest asset. You’ll become part of a diverse community that acknowledges everyone’s unique talents, and empowers teams to do what’s right for the client, and to do it well. As part of our team, you will:

• Thrive: Benefit from an open and approachable culture that provides the flexibility and support you need to integrate your life at work and at home

• Connect: Work in a place where the right technology and infrastructure fosters innovation, collaboration and creativity

• Develop: Grow your skills and career through our best-in-class onboarding experience, ongoing learning opportunities, individual development planning, and comprehensive product training

• Prosper: Share in our collective success with a competitive salary, incentive pay, banking benefits, health benefits program, and employee share purchase plan