Associate, Product Control at CIBC | NY, US | Rezi

Associate, Product Control at CIBC

Associate, Product Control

CIBC · NY, US

Today

Associate, Product Control

CIBC · NY, US

2 hours ago
Resume preview

Impress employers and recruiters.
Choose from hundreds of resume examples.

Target Resume Now
Resume preview

Tailor your resume to this Associate, Product Control role.

Rezi rewrites your resume against CIBC's job description. Free.

Resume score gauge reading 58 out of 100

Don't guess if your resume is good enough.

See how it scores against the Associate, Product Control posting at CIBC — free, in seconds.

About the Role

The Associate, Product Control will contribute to the US Finance team by collaborating with Finance and Wholesale Bank personnel, as well as partnering with other infrastructure groups on various initiatives, including global projects. This role will provide analytical and initiative support to the Wholesale Bank and Treasury businesses in the US.

Responsibilities

  • Produce Daily P&L Reports: Ensure accuracy of Daily P&L reports for Capital Markets and Treasury businesses, including analysis of revenue and fluctuations.
  • Month-End Reconciliation: Reconcile Daily P&L with actual results and ensure completeness and accuracy of month-end and quarter-end reporting.
  • Independent Price Verification (IPV): Review and communicate IPV results to stakeholders and manage the sign-off process.
  • Accounting Compliance: Ensure reporting is in line with IFRS and US GAAP; reconcile balance sheets and income statements, and resolve outstanding issues.
  • Process Improvements: Continuously seek opportunities to automate and improve processes; maintain and update procedures and documentation.
  • Cross-Functional Collaboration: Work with Front Office, Risk, Technology, and other teams to resolve issues and contribute to new product onboarding and strategic initiatives.

Requirements

  • Undergraduate degree in Economics, Finance, or Accounting, complemented by 3-5 years of relevant business experience.
  • Strong understanding of accounting principles, particularly IFRS and US GAAP, with the ability to ensure compliance in financial reporting and reconciliation processes.
  • In-depth experience with a broad range of Capital Markets products, including but not limited to Fixed Income, Margin Lending, Securities Lending, Options, Futures, and Derivatives. Familiarity with Treasury operations and financial instruments is essential.
  • Ability to analyze complex financial data and assess the implications on accounting and reporting, ensuring accuracy and integrity in financial statements.
  • Capacity to view issues from various perspectives (Line of Business, Legal Entity, Product, Source System, etc.) to provide comprehensive insights and solutions.
  • Well-developed organizational and prioritization skills to effectively manage multiple tasks and projects in a fast-paced, dynamic environment.
  • Strong interpersonal, communication, and influencing skills to develop and maintain productive working relationships with stakeholders across Front Office, Risk Management, Technology, and Finance.
  • Self-motivated team player with a flexible approach to problem-solving and a commitment to achieving team objectives.
  • Strong leadership skills are advantageous, with the ability to guide and mentor junior team members.
  • Ability to accept responsibility and work effectively under pressure to meet tight deadlines.
  • Detail-oriented with a thorough and analytical approach to financial processes and controls.
  • Advanced proficiency in Microsoft Excel, along with experience in automation tools such as Alteryx and Power BI. Ability to work with and manipulate large datasets from multiple sources, leveraging these tools to enhance reporting and analysis efficiency.
  • 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).

Skills

  • Accounting
  • Accounting Policies
  • Accounting Processes
  • Analytical Thinking
  • Balance Sheet Account Reconciliations
  • Balance Sheets
  • Capital Markets
  • Cross-Functional Teamwork
  • End Reporting
  • Finance
  • Financial Reporting and Analysis
  • Generally Accepted Accounting Principles (GAAP)
  • Group Problem Solving
  • Income Statements
  • Management Reporting
  • Product Controlling
  • Revenue
  • Taking Initiative
  • IFRS
  • US GAAP
  • Fixed Income
  • Margin Lending
  • Securities Lending
  • Options
  • Futures
  • Derivatives
  • Treasury operations
  • Microsoft Excel
  • Alteryx
  • Power BI

Location

  • NY-New York, 300 Madison Ave Fl 6

Work Type

  • Regular
  • 40 Weekly Hours

Experience Level

  • 3-5 years of relevant business experience

Education Level

  • Undergraduate degree in Economics, Finance, or Accounting

Salary/Compensations

  • $105,000 - $125,000

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, our social, points-based recognition program

About the Company

  • We’re 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.
  • To learn more about CIBC, please visit CIBC.com
  • 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.

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
  • California residents — your privacy rights regarding your actual or prospective employment