Impress employers and recruiters.
Choose from hundreds of resume examples.
Impress employers and recruiters.
Choose from hundreds of resume examples.
Target Resume Now
About the Role
As a junior trader, you will help run and grow our Corporate/Issuer Equity Derivatives franchise. You will assist in pricing, hedging, booking, and risk-managing the full corporate product suite. You will also support institutional notes business lines.
Responsibilities
- Run the book day-to-day, supporting pricing and marks, and executing and managing delta and other hedges.
- Own the trade lifecycle end-to-end, from execution through settlement, including physical-share/144A mechanics and the segregated physical-shares account.
- Partner with the structurer and quant teams to implement new instruments and validate their pricing, booking, and lifecycle.
- Work alongside Trade and Product Control to reconcile bookings and P&L across the client, hedge, and funding legs.
- Coordinate with Financial Resources and Treasury to ensure borrow and funding costs don’t quietly erode deal P&L.
- Build the desk’s operational infrastructure—deal database, hedging and payout tools, and automated daily reporting—replacing manual workarounds with reliable, repeatable tooling.
Requirements
- Resourceful junior based in New York, with exposure to corporate and equity derivatives and real trade-lifecycle fluency.
- Wants to sit on a desk, learn the book thoroughly, and help build the business.
- Values matter to you.
- Bring your real self to work and live our values – trust, teamwork, and accountability.
- Legally eligible to work at the specified location(s).
- May be asked to complete an attribute-based assessment and other skills tests.
Skills
- Corporate and Equity Derivatives
- Trade-lifecycle fluency
- Pricing
- Hedging
- Booking
- Risk-managing
- Delta hedging
- Reconciliation
- P&L
- Operational infrastructure development
- Deal database management
- Hedging tools
- Payout tools
- Automated reporting
- Analytics Insights
- Business
- Business Direction
- Client Service
- Compensation Plans
- End-to-End Testing
- Finance
- Global Market
- Marketing Strategies
- Portfolio Management
- Sales
- Structured Products
Location
- New York, NY
Work Type
- Full-time
Experience Level
- Junior
- Entry Level
Salary/Compensations
- $150,000
Benefits
- Medical
- Dental
- Vision
- Health Savings Account
- Life Insurance
- Disability
- Other Insurance Plans
- Paid Time Off (including Sick Leave, Parental Leave, and Vacation)
- Holidays
- 401(k)
- Competitive salary
- Incentive pay
- Banking benefits
- Benefits program
- Vacation offering
- Wellbeing support
- MomentMakers recognition program
About the Company
- CIBC is building a relationship-oriented bank for the modern world.
- 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.
- 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.
- 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.
- At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them.
- Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability.
- Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel.
- Every day, our 48,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.
Equal Opportunity
- 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 Mailbox.careers-carrieres@cibc.com