Executive Director / Director, Foreign Exchange Derivatives Structurer, ISG

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 Institutional Structuring Group supports the origination and maintenance of Structured Products in FX, Interest Rates and Commodities. 

This is an opportunity for a successful candidate to join as a Foreign Exchange Derivatives Structurer within the Institutional Structuring Group (ISG) in Toronto. ISG works closely with sales and trading to provide tailored derivative based solutions for clients looking to hedge exposures or express market views. We develop, price, market and execute trades across multiple asset classes with mutual benefit to the client and CIBC. The team also offers quantitative analysis, corporate finance solutions, financing solutions, quantitative/systematic strategy development, relative value solutions, portfolio hedging solutions among others.

Please note, we are open to hiring at either Director or Executive Director level based on skills and experience.

How You’ll Succeed 

• Relationship building – Become a leader within the structuring team and demonstrate excellence in performing daily activities and administrative tasks, including pro-actively generating product ideas that are value-add to our client-base and sales teams. Quickly and efficiently respond to pricing requests from sales and clients. Create and deliver presentations and educational seminars as well as perform various analytical tasks in support of new product development such as back-testing. Assist with the origination and management of the documentation process. Track noteworthy structured products released domestically and internationally

• Demonstrate initiative - On your own initiative, develop product knowledge through directed or self-directed study including the ability to price and structure solutions across multiple asset classes beyond FX. Build an internal/external profile as a trusted advisor and “go-to” structurer, all while you ideate solutions and coordinate the execution process across multiple desks including sales, trading, legal, risk and other internal functions.

Who You Are 

• You have an Undergraduate University degree (Engineering or Math preferred) with 5+ years of knowledge and work experience in Derivatives, Interest Rates, FX, Equity or other institutional products. International Capital Markets experience would be an asset

• You give meaning to data. Excellent quantitative skills. Excellent interpersonal and presentation skills. Excellent analytical and conceptual skills

• You know that details matter. Proven ability to pay close attention to detail. Efficient organizational skills to respond to shifting priorities on simultaneous projects

• You put our clients first. Able to quickly acquire knowledge, to demonstrate competence and to add value to the maintenance of internal processes and client relationships

• You communicate effectively. Proven ability to communicate complex financial information

• You are technically savvy. A working knowledge of PC applications (Excel, Word, Power Point, Salesforce, Bloomberg) with coding experience in VBA/Python an asset.

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

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At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $225,000-$275,000 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 [email protected]

• 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.

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