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 Market Risk Positional Data Team are responsible for ensuring that the data required by Capital Markets Risk Management (CMRM) are correct and complete. You will achieve this by reconciling CMRMs data against Front Office systems; identifying suspect data records and correcting data issues. Youll work to automate routine tasks to free up time for more in-depth investigations; identify common failures and recommend improvements; and you will work closely with stakeholders in the front office Risk and technology to support CIBCs strategic initiatives.
As a member of CMRMs data group you will work in accordance with CIBCs data governance framework and ensure that data governance standards (including data quality monitoring and metadata management) and appropriate risk control procedures are followed throughout your daily work.
At CIBC we enable the work environment most optimal for you to thrive in your role. Youll have the flexibility to manage your work activities within a hybrid work arrangement where youll spend 2-3 days per week on-site while other days will be remote.
How youll succeed
Daily Market Data Integrity Youll proactively ensure that market risk data is captured in CMRMs systems in a complete and timely manner. Where potential gaps or errors exist youll work with Risk Managers to understand the impact and appropriate resolutions and with Solutions teams to implement protection against reoccurrence. Youll ensure that data received from internal and external sources are properly captured processed and delivered to downstream systems.
New initiatives - Youll support CIBCs strategic and Business as Usual initiatives to ensure that CMRMs systems can support new trading initiatives and can meet new regulatory requirements
Communication Youll work to identify impactful data movements and adjustments record these clearly and to communicate these changes and the impact on risk calculations to the risk managers. As data issues are identified and resolved youll help track agree resolution and acquire related approvals.
Documentation and Governance Youll write concise and specific procedure instructions as well as preparing detailed governance documents to describe decisions that control critical day to day operations. Youll assist in providing daily summaries of production data issues and help provide ad-hoc data reports as requested. Youll support analysis of new and alternative sources of data.
Automation and Projects - Youll help improve the automation of regular processes and controls with a focus on enhancement of existing methodologies. Youll develop improvements that reduce operational risk and increase efficiency while retaining critical human decision making and expertise. Youll help define the requirements for changes to our Market Data systems and perform UAT testing on enhancements prior to production.
Controls and Governance You understand the importance of effective risk management through operational stability documentation and procedure. You will follow CIBCs governance processes and recommend improvements to Control procedures as appropriate.
Who you are
You can demonstrate financial knowledge You are familiar with key areas and facets of trading positions and Capital Markets products (Money Market FX Commodities Equities Credit Derivatives Futures OTC). You have knowledge of key risk concepts including Greeks Value at Risk FRTB and CVA.
You have technical Skills Youll have a good understanding of financial derivatives and common trading strategies. Youll have experience in the area of relational databases (such as SQL) and be adept in the use of scripting languages such as Python for data analysis; and youll be experienced with the use of Excel and VBA for data visualisation.
You have certifications - You are in financial economics/ financial risk management or quantitative discipline such as mathematics physics statistics computer science or mathematical finance / financial engineering. A CFA or FRM accreditation would be an asset.
You are an effective communicator - Youll have excellent communication skills both written and verbal and will be adept at breaking complex issues into simple outlines.
You are a team player Able to work effectively and without close supervision in setting commitments and priorities you thrive as part of a team in a collegiate culture helping contribute to team priorities.
You are process driven - Youre always seeking to enhance and speed up processes. You seek out innovative solutions and embrace evolving technologies.
You are detail oriented - You understand that success is in the details and that data has meaning. You notice things that others dont and enjoy investigating complex problems. Your critical thinking skills help to inform your decision making.
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
CIBC is committed to clarity in our hiring process. All roles posted are opportunities were actively recruiting for unless stated otherwise.
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 test (such as simulation coding French proficiency).
We use artificial intelligence tools during the recruitment process. 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 29th FloorEmployment Type
RegularWeekly Hours
37.5Skills
Analytical Thinking Data Management Data Quality Decision Making Market Risk Quality Management Risk Analytics Risk Management Risk MeasurementRequired Experience:
Contract