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
To continue the expansion of SEF and the portfolio of Corporate Equity Derivative transactions in North America for CIBC core Clients. This will involve:
Identify new transaction opportunities for CIBC leveraging existing client relationships, including with corporates, private equity funds, family offices, insurance companies, mutual fund companies and other asset managers
Manage the approval, negotiation and execution processes of SEF transaction
The primary focus will including NAV financings, margin loans, and Corporate Equity Derivatives, as appropriate
Manage transaction bookings, hedges and risk management for SEF products
Coordinate with EQD trading on the approval, execution and risk management aspects of vol-based Corporate Equity Derivative products
Coordinate with Delta1 trading and other teams on transaction approval and execution
How You’ll Succeed
Responsible for executing transactions within CIBC’s risk framework and achieving target returns associated with the SEF transaction portfolio. The candidate will be expected to comfortably manage the complete transaction lifecycle. This includes transaction origination, securing internal committee approvals, client negotiations and overseeing the transaction execution, booking and risk management.
Providing timely support to Capital Markets Sales Teams associated with SEF transaction opportunities, including partnering in pitches, transaction assessment and structural proposals.
Ensure close cooperation with other CIBC Capital Markets financing activities across Investment Banking, Equity Derivatives, Prime Brokerage and Global Credit Finance, to maximize CIBC Client opportunities and cross product capabilities.
Who You Are
Undergraduate degree. Graduate degree/MBA preferred;
Work experience analyzing, presenting, and implementing structured financings, margin loans, NAV financings, and equity derivatives;
Highly motivated, good team player;
Attention to detail and proven financial analysis and structuring capability;
Strong preexisting client relationships;
Approximately 5-10 years of relevant SEF product experience at a bank including syndicated financings and volatility-based Corporate Equity Derivative transactional experience.
Values matter to you. You bring your real self to work and you live our values – trust, teamwork, and accountability.
#LI-TA
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At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $115,000-$225,000 for the New York, NY market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which also may include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employee’s needs; including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave, and Vacation), Holidays, and 401(k), in addition to other special perks reserved for our team members.
Candidates hired to work in other locations will be subject to the pay range associated with that location. Additional total compensation and benefits details will be provided during the hiring process.
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.
We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program*, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program.
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.
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
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.
Job Location
NY-300 Madison Ave., 5th FloorEmployment Type
RegularWeekly Hours
40Skills
Analytical Thinking, Business Finance, Capital Markets, Client Consultations, Financial Markets, Financial Modeling, Global Market, Investments, Market Trading, Researching