Sr. Financial Analyst, Treasury Product Control at CIBC | CA | Rezi

Sr. Financial Analyst, Treasury Product Control at CIBC

Sr. Financial Analyst, Treasury Product Control

CIBC · CA

2 days ago

Sr. Financial Analyst, Treasury Product Control

CIBC · CA

2 days ago
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About the Role

As a Senior Financial Analyst, Treasury Product Control, you will be responsible for producing daily Risk and P&L reporting to Front Office, Finance, and Risk Management using multiple systems and sophisticated analysis and modeling techniques. You will also review the accuracy of booked trades, investigate discrepancies, and resolve issues to ensure daily reporting requirements are met. You will contribute to departmental goals by supporting key initiatives and projects.

Responsibilities

  • Provide timely and accurate analyses for business's profit and loss, risk and economic revenue reporting and any ad-hoc requests from business and Finance.
  • Apply daily control procedures to ensure accuracy of reporting and obtain Front Office P&L sign-off.
  • Confirm and reconcile closing market positions to ensure Front Office has accurate information for hedging its portfolios.
  • Partner with Accounting by producing reconciliations as required.
  • Meet and/or exceed all documented Service Level Agreements with business partners.
  • Maintain and understand organizational controls and processes as they relate to assigned books to adhere to regulatory requirements.
  • Review and verify adequate supporting documentation for month-end attestation package completeness.
  • Coordinate resolution of reporting issues across multiple teams.
  • Summarize findings and recommendations to management and take preventative action.
  • Conceive, plan and actively lead assigned project streams or responsibilities, providing SME and BA support.
  • Gather business requirements, brainstorm improvements, and provide recommendations to enhance efficiencies.
  • Stay current on tools and information available to contribute to improving data analysis effectiveness.
  • Review current processes and proactively recommend enhancements for efficiency gains.
  • Support the launch of new products and strategies by working closely with Treasury Front Office, Technology, Accounting Policy, Treasury Controllership teams, Finance Modernization team and GPO.
  • Develop an understanding of potential economics and mechanics of new products and strategies.
  • Identify and document implications for hedge accounting, technology and DFE processes.
  • Document and communicate resulting business requirements.
  • Lead any testing for readiness.
  • Interact with teams across Finance and Front Office, and partner with other infrastructure groups on initiatives.
  • Anticipate challenges and stay committed to deliver quality results in a timely fashion.
  • See the “big picture” in a complex environment and translate understanding and insights into a workable project plan.

Requirements

  • Solid understanding and experience in working with Treasury products in a previous role in Finance, Accounting, Product Control environment.
  • Proficiency in data analytics and programming tools eg. SQL, Python, VBA, Alteryx.
  • Previous experience related to project management would be a plus.
  • Superior analytical and problem-solving skills.
  • Ability to communicate detailed information in an impactful way.
  • Ability to continuously evolve thinking and the way of working.
  • Ability to collaborate effectively in a team environment.
  • High standards and genuine care in relationships.
  • Legally eligible to work at the specified location(s).
  • May be asked to complete an attribute-based assessment and other skills test (such as simulation, coding, French proficiency).

Skills

  • Accounting
  • Analytical Thinking
  • Communication
  • Data Analysis
  • Financial Reporting and Analysis
  • Management Reporting
  • Microsoft Applications
  • Personal Initiative
  • Report Analysis
  • Researching
  • SQL
  • Python
  • VBA
  • Alteryx

Location

  • Toronto

Work Type

  • Hybrid
  • Full-time

Experience Level

  • Senior

Education Level

  • Professional designation (CPA, CFA, FRM, MFin, etc.) is an asset

Benefits

  • Competitive salary
  • Incentive pay
  • Banking benefits
  • Benefits program
  • Defined benefit pension plan
  • Employee share purchase plan
  • 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, team members are empowered at work, have what they need to make a meaningful impact, and are truly valued for who they are and what they contribute.
  • CIBC offers a career rather than just a paycheck.
  • CIBC provides spaces and technological toolkit to make it simple to bring together great minds to create innovative solutions.
  • CIBC cultivates a culture where ambition can be expressed through initiatives like Purpose Day.

Equal Opportunity

  • CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong.
  • CIBC seeks applicants with a wide range of abilities and provides an accessible candidate experience.
  • If you need accommodation, please contact Mailbox.careers-carrieres@cibc.com.
  • CIBC is committed to clarity in our hiring process.
  • All roles posted are opportunities we’re actively recruiting for, unless stated otherwise.
  • We use artificial intelligence tools during the recruitment process.