Consultant, OTC Derivatives Documentation
Consultant, OTC Derivatives Documentation
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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
Youll be joining CIBCs Capital Markets OTC Derivatives Operations. Reporting to the Director OTC Derivatives Documentation Group of CIBC Capital Markets Operations the Consultant OTC Derivatives Documentation will play a key role in supporting the daily activities of OTC Confirmations and Mark-to-Market Client Statements across a comprehensive range of derivative products including Equities Interest Rates Commodities and FX Options. This position demands an analytical professional with expertise in derivatives quantitative finance and a commitment to operational excellence. You will interpret analyze and resolve complex issues and disputes collaborating with stakeholders such as Front Office Legal and Technology teams. If you have a passion for derivatives and a proven ability to drive change we invite you to join our team and make a meaningful impact.
At CIBC we enable the work environment most optimal for you to thrive in your role. You can effectively perform all work activities remotely and will only be required to be on-site on an occasional basis (1-4 days per month).
How Youll Succeed
- Expertise in OTC Derivatives: Demonstrate advanced knowledge of OTC derivative structures including complex and exotic products. You develop review and match ISDA trade confirmations for a diverse range of OTC derivatives with a high degree of attention to detail. Experience with ISDA Derivatives Definitions and their applicability to OTC derivatives is essential to ensure accurate and compliant documentation in line with industry standards and regulatory requirements. Apply advanced skills to review Mark-to-Market valuations across asset classes working with internal teams to verify pricing understand models and ensure data accuracy.
- Analytical and Quantitative Excellence: Leverage your strong mathematical skill to analyze and interpret the algorithms and equations that govern option payoffs and cash settlements. You will assess our booking model features price sensitivities and reconcile booking system data with legal documentation ensuring valuations are accurate and defensible. Familiarity with industry-standard pricing models and the ability to dissect and explain payoff structures are essential.
- Technical Proficiency: Utilize advanced analytical techniques and automation tools to synthesize and interpret large datasets from multiple sources. Proficiency in VBA Power Automate Tableau Power BI and advanced Excel is required to streamline processes and enhance reporting capabilities. Bring a creative mindset to exploring and piloting artificial intelligence solutions contributing to the ongoing transformation and adoption of AI-driven processes within our operations
- Process Innovation and Improvement: Leverage technology and innovative methods to enhance operational processes and deliver superior client outcomes. Identify design and implement automation solutions that streamline documentation and improve operational efficiency creating a more agile and dynamic environment. Champion a culture of trust open communication and creative problem-solving.
Who You Are
- 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. Your relationship skills and ability to work with multiple stakeholders is what sets you apart.
- You are digitally savvy. You seek out innovative solutions and embrace evolving technologies.
- Youre driven by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to bring a shared vision to life.
- You are flexible and able to adapt to changing situations. You thrive in a fast paced & demanding environment developing problem solving and issue resolution skills.
- You have a degree/diploma in Finance Business and/or a related field and previous contribution in an operations role directly supporting clients and involving agile methodology projects and solutions.
- Values matter to you. You bring your real self to work and you live our values trust teamwork and accountability.
#LI-TA
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-81 Bay 28th FloorEmployment Type
RegularWeekly Hours
37.5Skills
Analytical Thinking Business Operations Mentoring Staff Operations Management Operations Support People Management Prioritization Process Improvements Resource AllocationRequired Experience:
Contract
Employment Type
Full-Time
