Total 4 job vacancies by CIBC World Markets Corp

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

BUSINESS UNIT DESCRIPTION

Capital Markets and Direct Financial Services provides integrated services and products aimed at serving investors as well as corporate and institutional clients globally. The Capital Markets business is a recognized leader in the industry specializing in investment banking advisory services, corporate lending and research. In addition, the Direct Financial Services arm provides alternate services and solutions such as direct investing, direct banking and unique international payment solutions. Collectively, these lines of business are achieving CIBC’s core purpose: to help make our clients’ ambitions a reality.

JOB PURPOSE 

Global Credit Financing (GCF) is a financing business focused on the origination, financing, and securitization activities of various debt based products for the Bank’s core clients. GCF is a product vertical under the Global Markets Financing and Resource Management Group (GMF-RMG) which manages the allocation, deployment, and optimization of financial resources such as capital and balance sheet on behalf of and across the Global Markets Division.

The successful candidate will help originate and structure U.S. residential mortgage financing and ultimately help execute residential mortgage-backed securities (RMBS) securitizations.  The role operates in a fast-paced trading floor environment. The incumbent’s mandate is to focus on activities that will help drive the growth of the GCF business in the US. 

KEY ACCOUNTABILITIES

Major Activities:

• Preparing any necessary documentation and assisting in the process for internal deal review and approval.

• Responsible for helping with the growth of the desk’s strategy and efforts by developing and executing strategic plans to expand our product market-share and develop potential new products

• Initiate and manage the execution of structured transactions, evaluating and prioritizing transactions based on the rate of return on regulatory capital, probability of closing, ease of repeat transactions, and number of potential alternative applications.

• Monitor competitor activities, market conditions and report significant developments to relevant stakeholders

• Partner with internal and external clients to understand their objectives, identify and analyze the risks they face

• Work in tandem with structured marketers to identify specific client needs and opportunities and to build sector strategies.

• Improve CIBC’s ability to quickly respond to opportunities by developing transaction templates and seeking internal approvals for transactions, freeing marketers from labor-intensive product development responsibilities.

• Work effectively within CIBC’s corporate governance practices and policies (Risk Management, Finance, HR, Legal and Compliance) to ensure compliance with CIBC’s Governance and Control Framework and regulatory requirements.

KNOWLEDGE AND SKILLS

• In depth understanding of fixed income markets and bond fundamentals with demonstrated expertise in the U.S. residential mortgage market;

• Expertise in the RMBS, CLO, and CMBS market will also be an asset;

• Team player who excels at working collaboratively with others in a group setting;

• Strong oral communication skills, incorporating the ability to explain detailed financial analysis;

• Strong client relationship skills, with a demonstrated ability to foster and grow deep relationships with both issuer and investor clients;

• Strong attention to detail and ability to multi-task; and

• Efficient organizational skills to respond to shifting priorities on several simultaneous transactions.

WORKING CONDITIONS

• This role operates within a normal office environment;

• Open concept trading floor environment with exposure to noise and distractions;

• Ability to handle tight deadlines and heavy workload, the result of which is the requirement to work outside normal business hours;

• Ability to travel for work as required to support the origination and execution of mandates with clients; and

• Required to make frequent decisions in a fast paced work environment

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $200,000 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.

Job Location

Employment Type

Weekly Hours

Skills

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 Director of Credit Sales within Fixed Income Sales (under the guidance of the Head of Fixed Income Sales), significantly impacts the firm’s bottom line (i.e., trading revenue, deal flow, managing capital, client impact, external rankings, risk responsibility, business budget, external profile, etc.) and contributes to firm-wide priorities and business line initiatives. This is a critical position as it provides a lot of liquidity to the traders to both exit risk as well as source risk that we might be looking for on behalf of a customer.

At CIBC we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.

How You’ll Succeed

• Responsible for creating new sales and management of the assigned book of business

• Will be able to deliver on sales volume and revenue targets

• Acts as liaison when interacting with Business Banking segment relationships

• Maintain a thorough understanding of the client’s needs in order to build relationships, and supply additional products when possible

• Requires in depth knowledge of the organization, products, and/or services

• Fulfills Business needs via inbound/ outbound calling activities

• Analyze customer needs and makes suggestions about alternative products and services

• Act as a product specialist and maintain expert knowledge to meet the needs of the business to successfully establish rapport, and find a solution

• Hold accountability of risk and compliance process

Who You Are

• Comprehensive knowledge of financial markets, specifically IG Credit functions and products.

• Detailed working knowledge of the industry and market to assess impact of market conditions.

• Excellent interpersonal and relationship building skills in order to develop, manage and leverage relationships with clients, internal and/or external business partners.

• Significant presentation/interactive skills sufficient to clearly articulate complex conceptual information/ideas on issues involving extensive interpretation and opinion.

• Creativity skills sufficient to resolve complex problems and/or identify innovative alternatives or opportunities.

• Working knowledge of all Canadian and U.S. legislation and regulatory requirements in order to either advise clients or market transactions effectively.

• Developed understanding of CIBC World Markets businesses as well as significant knowledge of:

• FIC products and services.

• FIC-related competitive, legislative, and economic environment. 

• Comprehensive understanding of elements of profitability, risk, and cost control.

• Knowledge of business/finance typically acquired through University business degree or equivalent combination of education and industry experience and relevant post-graduate education as specified by US-FIC.

• Unquestioned professionalism, ethics and reputation and proven ability to exercise strong independent judgment when making business decisions and/or representing CIBC World Markets.

• Highly developed people management and team building skills.

• Strategic thinking capability with ability to identify and exploit trends and opportunities.

• Values matter to you. You bring your real self to work and you live our values – trust, teamwork, and accountability.

At CIBC, we offer a competitive total rewards package.  This role has an expected salary of $200,000 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.

Job Location

Employment Type

Weekly Hours

Skills

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

Regulatory Supervision is primarily responsible for the supervision of all U.S. sales and trading desks within Global Markets. The supervisory program is designed to reduce and manage regulatory risk by preventing violations from occurring as well as detecting when violations do occur. Regulatory Supervision is a business role (not Compliance) and is delegated the responsibility to supervise on behalf of Global Markets business heads.  Complementing the specific responsibilities below, the role is charged with providing highly specialized advice and guidance on regulatory requirements applicable to the business lines and performing specific written supervisory procedures to achieve regulatory compliance. Regulatory Supervision must be highly responsive in a business environment where decisions have to be made in stressful, time-sensitive situations where information is often ambiguous and incomplete. The role is also expected to keep abreast of developments in an ever-changing regulatory environment and their impact on the business.

At CIBC we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.

How You’ll Succeed

• Perform surveillance of the U.S. registered broker-dealer and OTC derivative/swap trading products with primary focus on Fixed Income. Other products include: Cash Equities, Program Trading, DMA, Listed Equity Derivatives, Delta1, Convertibles, Treasuries, Repo Financing, Prime Brokerage, Commodities, Interest Rate Derivatives, FX

• Assist with surveillance of various regulatory reporting obligations, including: CAT, TRACE, LOPR, Swap Dealer Trade Reporting

• Maintain and enhance the documentation of internal policies and Written Supervisory Procedures (WSPs) to comply with applicable trading regulations (SEC, FINRA, CFTC, NFA and others)

• WSPs must clearly indicate “evidence of review” and follow-up that will satisfy the regulatorsss and any Self-Regulatory Organization; including, Key Performance Indicators and escalation

• Provide specialized advice and guidance on transactional issues to trading floor personnel as well as Business Management

• Promptly escalate significant issues and material incidents of non-compliance to the relevant Global Markets business head, senior Compliance officer and, if appropriate, head of US Global Markets for resolution including recommendations for corrective action

• Collaborating with Project teams and infrastructure partners on the development and implementation of solutions to address existing and new regulatory requirements

• Primary  business  contact  responsible  for  assisting  Compliance  in  preparing  detailed responses to address regulatory inquiries on trading related matters

• Monitor new and changing regulatory requirements on a timely basis and assess their potential impact

• Ensure that employees responsible for trading securities are appropriately registered

• Participate in appropriate industry committees and working groups

• Work on special projects as assigned from time to time

Who You Are

• Bachelor’s degree

• Minimum 3+ years’ experience in handling securities and OTC derivative/swap compliance issues gained at an investment dealer, regulator or marketplace

• Knowledge of SEC/FINRA/CFTC/NFA and other US based regulatory rules

• Well-developed knowledge of trading practices and associated regulatory requirements

• Working knowledge of industry standard trading technologies

• Excellent relationship-building skills

• Effective written and oral communication and presentation skills

• Ability to work in a challenging environment while exhibiting poise under severe conditions

• Resourceful and creative problem-solving skills

• Series 7, 57, 63 preferred

• Good knowledge of MS Office (especially Excel), Bloomberg, Python or other languages

• Ability to manage competing priorities

• Values matter to you. You bring your real self to work and you live our values – trust, teamwork, and accountability.

At CIBC, we offer a competitive total rewards package.  This role has an expected salary of US$200,000 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.

Job Location

Employment Type

Weekly Hours

Skills

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

As the Senior Manager, Agency Syndication you will be accountable for providing specialized agency services as an independent intermediary between borrowers and lenders participating in syndicated credit facilities arranged by Wholesale or Retail Markets. This role applies solid knowledge of lending products and accepted syndication and loan administration practices in the following regions; Canadian Commercial Banking, Canadian Large Corporate, US Large Corporate or European Large Corporate.  You will manage all aspects of administration and monitoring of established credit facilities which includes the input, verification and escalation of any risk elements associated with the portfolio.  As a member of the Credit Processing Team, this role participates in process improvement and quality initiatives in order to enhance the quality of client service and increase operational efficiency. Specifically, the PF&I specialist needs to have a good understanding of the overall legal documentation and being in a position to review the borrowing certificates, among others, properly in order to allow funding. In order to do that the person needs to understand the mechanics of the transaction.

How you'll succeed

• Understand and manage all aspects of a number of assigned project finance accounts, including credit, legal, and compliance issues;

• Serve as one of the main point of contact for related stakeholders (i.e. sponsors, borrowers, other lenders in the syndicate, and external consultants such as external legal counsel, technical consultant etc.);

• Perform agent duties that require active communication with related stakeholders;

• Organize and participate in all-Lender / sponsor calls if required;

• Coordinate the action of the lenders as agent in accordance with the financing agreements;

• Provide prompt service to all stakeholders with all work being completed in a timely manner and accurate;

• Distribute required information and/or reports to each participant;

• Control conditions precedent, drawdowns and repayments of the assigned transactions;

• Negotiate and co-ordinate amendment and waiver requests;

• Coordinate the lenders' action for amendment, waiver or consent requests;

• Take prompt action upon request from the participants;

• Update, discuss, and answer credit and deal-structure related questions from other lenders in the syndicate on a daily basis;

• Review legal documentation and manage legal due diligence process, direct the work of, and co-ordinate with, appointed external lawyers.

• Relationship Management - Liaise with borrowers, lenders, external and internal legal counsel, and other business units within the Bank on all activities related to the syndication.

• Provide guidance - Act as an industry expert in local market funding and operational standards for all loan products and services with the responsibility of offering recommendations and solutions to complex funding issues.

• Ensure accuracy

• Manage the flow of funds to mitigate risk to the Bank as agent.

• Negotiate - Collect revenues on behalf of the Agent and syndicate and distribute them accordingly.  On an annual basis, review and recommend/negotiate Agency Fee.

• Update business processes - Act as an agent for continuous improvement and identify opportunities to improve or enhance processes, procedures and service for clients

• Manage and lead processes

• Ensure compliance – For both internal controls and procedures

• Maintain correct data – Establish and maintain current expert knowledge of the credit agreement to accurately and effectively administer the contractual arrangements while mitigating execution risks inherent in the duties of the Administration Agent.

• Facilitate closings of new/amended credit facilities to include sign-off on deal structure, setup and population of ledgers, SyndTrak, review flow of funds memorandum with responsibility for mitigating execution risk, co-ordinate Initial advance in accordance with established procedures.

• Ensure compliance to internal controls and procedures.

Who you are

• You have a University degree / College diploma in Business, Accounting or Finance with 3-5 years of relevant working experience.

• You have a Solid knowledge of various Lending and Deposit Products and Services

• You bring strong knowledge of Commercial Credit industry and/or General Banking; knowledge of Branch Operations / Trade finance

• You give meaning to data. You enjoy investigating complex problems and making sense of information. You communicate detailed information in a meaningful way.

• Your influence makes a difference. You know that relationships and networks are essential to success. You inspire outcomes by sharing your expertise.

• You’re goal oriented. You’re motivated by accomplishing your goals and delivering your best to make a difference.

• You know that details matter. You notice things that others don't. Your critical thinking skills help to inform your decision making.

• Values matter to you. You bring your real self to work and you live our values - trust, teamwork, and accountability.

At CIBC, we offer a competitive total rewards package.  This role has an expected salary range of $125,000 - $175,000 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.

Conduct and Risk Culture

Our CIBC risk culture is based on employees striving to exceed the expectations of ourselves and our leadership’s identification and mitigation of risks in their daily responsibilities, not just in quarterly or annual monitoring/assessments.  We all are accountable for managing risk.

As an employee of CIBC the incumbent must conduct themselves (and foster an environment for others) in a manner consistent with our strong risk culture. This includes:

• Following all aspects of the CIBC Code of Conduct, as well as all applicable CIBC policies, frameworks, guidelines, processes and controls
• At all times acting in accordance with our Purpose and shared values, to achieve our Bank’s strategic goals
• Understanding and following the qualitative and quantitative components of our Risk Appetite Statements
• Completing all annual Corporate Mandatory Training and Testing modules, as well as any additional business-specific modules, as required and employing the learnings in daily activities and undertakings
• Escalating matters through one of the appropriate channels identified in the CIBC Code of Conduct (i.e., HR, management, Ethics Hotline, Whistleblower, etc.) upon observing activities that may be inconsistent with CIBC’s policies, frameworks, guidelines, processes and controls, and where applicable, assist in the resolution of same
• Speaking up if witnessing behaviors that drive poor or unfair outcomes for clients, team members or other stakeholders
• Escalating matters that can result in adverse market practices and outcomes, thereby negatively impacting CIBC’s reputation as a leading financial institution

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.

Job Location

Employment Type

Weekly Hours

Skills