Analyst, Environmental Trading (Commodities)
Analyst, Environmental Trading (Commodities)
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Job Description
Were building a relationship-oriented 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 Analyst Environmental Trading on the Commodities Trading team will learn to trade Environmental Commodities markets including Carbon Allowances (CCA RGGI EUA and UKA) and Renewable Energy Certificates (both voluntary and compliance) Carbon offsets (both voluntary and compliance) as permitted in Canada by OSFI. Candidate will build client relationships related to permitted products and structures.
You will support the desk operations including end of day end of month and end of year processes including building software to help automate these processes in both Python and VBA. Additionally you will support the Desk Head in growing the business by adding new products to the CIBC Approved Products List through the Change Initiative Risk Assessment (CIRA) and Product Onboarding Workstream (POW) process.
You will become a subject matter expert on Environmental products to educate staff and to work with clients on transaction specific opportunities.
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 Youll Succeed
Client engagement Communicating trade ideas and hedging solutions to the sales desk to support the client franchise. Effectively quoting clients and managing commodities market risk
Trading Strategies Utilizing python VBA and similar programming languages to develop trading strategies to automate processes and perform historical/time series analysis. Developing trading analytics including the development of spreadsheets
Internal partnerships Working with various stakeholders in middle and back office to ensure best practices
Who You Are
You have attained an undergraduate degree in a relevant STEM discipline
You must be able to demonstrate knowledge of numerical methods / statistical analysis plus knowledge of option theory and be comfortable managing volatility risk
You can demonstrate knowledge of trading systems back and middle office processes
You put our clients first. You engage with purpose to find the right solutions. You go the extra mile because its the right thing to do
Youre goal oriented. Youre motivated by accomplishing your goals and delivering your best to make a difference
Youre passionate about people. You find meaning in relationships and surround yourself with a diverse network of partners. You connect with others through respect and authenticity
You love to learn. Youre passionate about growing your knowledge. You have a strong sense of curiosity
Values matter to you. You bring your real self to work and you live our values trust teamwork and accountability
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 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
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 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
Toronto-161 Bay St. 5thEmployment Type
RegularWeekly Hours
37.5Skills
Accountability Analytical Thinking Business Capital Markets Client Consultations Client Presentations External Clients Financial Markets Financial Modeling Global Market Investments Market Trading ResearchingRequired Experience:
IC
Employment Type
Full-Time
