Associate U.S. Treasury Cash Management

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 Associate - U.S. Treasury Cash Management position is responsible for projecting cash balances for assigned retail and Nostro accounts ensuring daily closing balances remain within prescribed limits. Maintains optimal levels to minimize overdraft interest and compensation costs proactively resolving issues in collaboration with supervisors and stakeholders. Produces management reports to identify trends problems and assess process effectiveness. Supports ongoing cash management projects as assigned.

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

• Manage all Nostro clearing accounts ensuring daily closing balances remain within required limits and overdraft costs are minimized while maximizing revenue.

• Calculate and accrue interest income and expenses; ensure clearing banks charge or pay anticipated amounts promptly investigate and resolve discrepancies to safeguard revenue.

• Project daily closing positions of all accounts compare projections to actuals analyze variances and recommend process improvements.

• Provide backup support within the Cash Management unit as needed.

• Participate in banks disaster recovery and contingency funding plan testing to ensure business continuity.

• Coordinate with operation support units to gather cash flow information resolve settlement issues and rectify account discrepancies.

• Identify analyze and streamline business processes to improve efficiency and implement automation solutions that reduce manual effort and enhance operational performance.

Who you are

• You have a Bachelors degree.

• You possess at least 3 years of relevant experience.

• You articulate strong analytical and investigative skills; detail-oriented.

• You have the ability to work independently under pressure and meet deadlines.

• You show effective oral and written communication skills.

• You portray strong problem-solving and organizational abilities.

• You are proficient in Microsoft Office suite.

• You are familiar with back office operations industry mechanics and process automation tools.

• You understand basic accounting principles and transaction processing.

• You have knowledge of US and foreign settlement procedures.

At CIBC we offer a competitive total rewards package. This role has an expected salary range of $94400 - $115000K for the New York NY market based on experience qualifications and location of the position. The successful candidate may be eligible to participate in the relevant business units incentive compensation plan which may also include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employees needs; including Medical Dental Vision Health Savings Account Life Insurance Disability and Other Insurance Plans Paid Time Off (including Sick Leave Parental Leave and Vacation) Holidaysand 401(k) in addition to other special perks reserved for our team members.

This position does not offer visa sponsorship

#LI-TA

California residents your privacy rights regarding your actual or prospective employment

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* 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 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

Employment Type

Weekly Hours

Skills