About the Role
CIBC is building a relationship-oriented bank for the modern world, seeking talented and passionate professionals dedicated to client success. Team members are empowered to make a meaningful impact and are valued for their contributions.
Responsibilities
- Provide direct support to the Securities Lending Trading Desk, responsible for execution and revenue optimization through lending and borrowing of securities.
- Manage daily recalls and buy-ins, coordinate returns for efficient and accurate matching.
- Oversee collateral optimization, substitutions, and exposure management.
- Handle rate changes, contract compare, and rolling of term deals/evergreens.
- Serve as a liaison between Front Office and Back Office Operations to troubleshoot issues and provide internal reporting.
- Proactively analyze and recommend enhancements to existing business processes.
- Communicate rationale and negotiate solutions to enhance operational effectiveness.
Requirements
- 3+ years of experience in relevant industry roles with a strong understanding of capital markets and securities lending.
- Previous experience in Mid Office or Back Office support roles within securities lending is an asset.
- Ability to respond to client inquiries and requests, providing professional, high-quality customer service.
- Frequent professional engagement with clients, traders, regulators, senior leaders, and other support staff.
- Ability to liaise and manage both internal and external relationships.
- Knowledge of approaches, tools, and techniques for recognizing, anticipating, and resolving organizational, operational, or process problems.
- Ability to identify and document specific problems and alternative resolutions.
- Knowledge of major functional processes and associated operating requirements.
- Ability to seek efficiencies in operational functions.
- Ability to effectively transmit, receive, and accurately interpret ideas, information, and needs.
- Ability to communicate well downward, upward, and outward.
- Legally eligible to work at the specified location(s) and possess a valid work or study permit where applicable.
- Willingness to complete an attribute-based assessment and other skills tests.
Skills
- Attention to detail
- Analytical skills
- Relationship-Building
- Problem-Solving
- Technical skills
- SQL
- VBA
- Excel
- Global One
- BFS/ADP
- Settlement depositories (CDS, DTC, etc.)
- Tri-party agent-lending platforms
- Effective Communication
- Analytical Thinking
- Business Operations
- Communication
- Critical Thinking
- Customer Service
- Investigating
- Operations Management
- Operations Support
- Prioritization
- Process Improvements
- Technical Knowledge
Location
- NY-New York, 300 Madison Ave Fl 5
Work Type
- Regular
- Full-time
Experience Level
- Senior Analyst
- 3+ years of experience
Education Level
- Degree/diploma in Economics, Finance, Accounting, or another undergraduate degree
Salary/Compensations
- $115,000 - $130,000
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
- Purpose Day (paid day off for growth and development)
About the Company
- CIBC is building a relationship-oriented bank for the modern world.
- 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.
- CIBC offers a competitive total rewards package.
- CIBC offers a full range of benefits and programs to meet our employee’s needs.
- 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.
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.
