Associate Trade Control Capital Markets
Associate Trade Control Capital Markets
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Job Description
Were building a relationshiporiented bank for the modern world. We need talented passionate professionals who are dedicated to doing whats 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
What Youll Be Doing
The Trade Control group provides support to CIBCs businesses through effective governance and control processes for all derivative products. Individuals are required to monitor and verify trade flows through various source systems in a timely and precise manner in order to ensure accuracy for downstream stakeholders.
As an Associate in Trade Control you will be accountable for providing daytoday support for global derivative trading. This includes ensuring all transactions executed by the front office have been completely and accurately booked into the requisite applications. This role is an opportunity to learn about a wide array of derivatives and general Capital Markets processes.
At CIBC we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement (proportion of onsite and remote work) will be discussed at the time of your interview.
How Youll Succeed
Trade Control: You will engage in trade verification by meticulously verifying all trade details against blotters broker confirmations external trading platforms trade tickets and trader files adhering to established daily control procedures aimed at detecting errors and omissions in trade capture. You will thrive in a challenging fastpaced environment where time pressures necessitate a rapid response to requests from the trading floor. Collaborating within a dynamic team you will find that sharing skills and knowledge is essential for success. Your focused attention to detail will be crucial when reviewing trade information in booking systems and you will maintain an organized approach to record keeping of daily controls for audit purposes.
Reporting and Reconciliation: You will be responsible for running daily reports associated with the Trade Control group which are integral to the groups control processes. Additionally you will reconcile trades between internal and external systems ensuring accuracy and consistency in trade data. Your efforts in both reporting and reconciliation will contribute significantly to the overall effectiveness of the teams operations.
Business Acumen: You will maintain a high level of knowledge about Capital Markets business products while collaborating with your peers to deliver timely results for various stakeholders. You will also have the ability to effectively transfer this knowledge in an accurate and clear manner to junior staff members.
Representation: You will serve as the secondary point of contact and conduit for all internal departments traders and marketers regarding trade controlrelated matters. As needed you may also participate in key initiatives and projects to support the teams objectives.
Who You Are
You have an undergraduate university degree in Mathematics Economics or Finance.
You have 2 years of relevant experience working with Interest Rate and FX derivative products operational and settlement practices of bonds swaps options futures and foreign exchange. Having a strong understanding.
You have experience working in a financial institution with a strong understanding of the division of major departments in a bank and the flow of information.
You have the technical knowledge. You bring intermediate Excel knowledge specifically for reconciling datasets from different sources.
You act like an owner. You thrive when youre empowered to take initiative go above and beyond and deliver results. You respond to requests and handle discrepancies in an accurate and timely manner.
You communicate in a meaningful way. You demonstrate strong communication skills when interacting with the back office investigations officers traders marketers and the middle office regarding trade bookings and amendments.
You excel at finding solutions. You bring solid problem solving analytical thinking and ability to use initiative while responding to nonroutine queries.
You are passionate about people. You have strong interpersonal skills including good teamwork and relationship building.
You know the details matter. Youre confident and thorough using good judgment decision making and attention to detail.
Youre digitally savvy. You have experience or knowledge of MarkitWire Bloomberg Terminal Wall Street Systems. Harmony experience is an asset
Values matter to you. You bring your real self to work and you live our values trust teamwork and accountability.
#LITA
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* defined benefit pension plan* an employee share purchase plan a vacation offering wellbeing support and MomentMakers our social pointsbased 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
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 attributebased 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
Toronto161 Bay St. 4thEmployment Type
RegularWeekly Hours
37.5Skills
Business Monitoring Conflict Resolution Customer Queries Ensure Compliance Policy Procedures Prioritization Retail Credit Trade ControlRequired Experience:
IC
Employment Type
Full-Time
