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BUSINESS UNIT DESCRIPTION
CIBC Capital Markets and the Global Markets division are committed to excellence in meeting the demands of our clients and to creating exceptional value in support of their business goals. That commitment is evidenced by the manner in which we execute our trading and distribution strategies and by our delivery of asset-related products. Global Markets provides a broad range of products and services including Global Markets origination and syndication Foreign Exchange/FXO Cash trading (including electronic and program trading capabilities) Options Derivatives as well as Commodity Structured Products. Our relationship management teams ensure that our clients have access to all of our product lines across the globe. This synergistic approach to coverage among our major accounts has had a dramatic positive impact on the dynamics within the Global Markets business. It is this highly efficient business platform coupled with our superior research capabilities that has brought us to the forefront of our industry.
JOB PURPOSE
CIBCs Foreign Exchange Group provides FX/FXO services to clients on a global basis with connectivity to Canada. This is consistent with the Wholesale Banks global strategy of bringing Canada to the World and the World to Canada.
The Associate will be expected to provide a broad range of analytical and research support services to all the professionals in the group. The incumbent will gain exposure to working with various product groups across the firm. This could include Debt Equity CCP and FLM. A team approach is designed to provide progressive on the job training.
KEY ACCOUNTABILITIES
- Assist in executing all facets of the FX/FXO groups mandates
- Working closely with Tech and Ops support to ensure smooth functioning of the day to day operations
- Working closely with the Sales team to better understand client needs and effect cross-sell across various Products
- Analysts are responsible for quantitative and qualitative data analysis and research.
- Maintaining the groups data bases in conjunction with the global team.
- Play a key role in the maintaining of pitch-books client data and Product knowledge content and sites.
- Assist in business/client calls as required
- Must be able to travel on short notice and be absent from the office for periods of time
- The role of an analyst is fast paced and. challenging. It requires dedication passion for the industry and a solid work ethic.
CROSS-FUNCTIONAL RELATIONSHIPS
- Interacts on a regular basis with internal Risk and Advisory staff to ensure that proposed transactions comply with internal risk policies and industry regulations.
- Collaborates with other traders and originators in the execution of transactions.
COMPLIANCE REQUIREMENTS/RESPONSIBILITIES
- As an employee of CIBC the incumbent must comply with all applicable CIBC and Line of Business policies standards guidelines and controls.
AUTHORITIES/DECISION RIGHTS
- This role initiates and manages the execution of FX transactions across major and minor currency pairs. The role is fully delegated to act as transactor/risk manager across all areas of the FX Product family.
JOB DIMENSIONS
- Asset classes: Foreign Exchange
- Client segment: Institutional clients and Corporate clients
- Geographic market: Primarily focused on the Asian client market with mandate to grow global capabilities.
KNOWLEDGE AND SKILLS
- Undergraduate degree in a business related discipline
- Knowledge of Business Economics or Finance acquired through education and experience. Strong Technical/Computer skills
- Working knowledge of the Financial Services Industry
- Ability to work in a demanding and dynamic environment
- Proven academic record
WORKING CONDITIONS
- Intense fast-paced work environment with tight deadlines and high demands.
- Transaction-driven work schedule with unpredictable and occasionally long hours.
- Some travel.
- Highly collaborative work environment; over 50% of role is team-based.
- Position is located on the open concept trading floor.
- Must be prepared to work outside normal working hours including 2am Starts Monday AM and 5am starts during the week.
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
Job Location
2 Queens Road Central
Employment Type
Regular
Weekly Hours
37.5
Skills
Analytical Thinking Capital Markets Client Consultations Derivatives Financial Markets Financial Modeling Global Market Investments Market Trading Researching