Analyst, Trade Control - 6 month term
at CIBC
Toronto, ON, Canada -
Start Date | Expiry Date | Salary | Posted On | Experience | Skills | Telecommute | Sponsor Visa |
---|---|---|---|---|---|---|---|
Immediate | 15 Feb, 2025 | Not Specified | 19 Nov, 2024 | 1 year(s) or above | Good communication skills | No | No |
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Description:
We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s 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
CIBC.com
What You’ll Be Doing
The Trade Control group provides support to CIBC’s businesses through effective governance and control processes for all derivative products. Individuals are required to monitor and verify trade flows through various source systems in a timely and precise manner in order to ensure accuracy for downstream stakeholders.
As Analyst, Trade Control, you will be accountable for providing day-to-day support for global derivative trading. This includes ensuring all transactions executed by the front office have been completely and accurately booked into the requisite applications. This role is an opportunity to learn about a wide array of derivatives and general Capital Markets processes.
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 You’ll Succeed
- Trade Verification - Verify all trade details against blotters, broker confirms, external trading platforms, trade tickets and trader’s files, in accordance with accepted daily control procedures designed to detect errors and omissions in trade capture.
- Reporting - Running daily reports associated with the Trade Control group as part of the groups control processes.
- Reconciliation - Reconcile trades between internal and external systems.
- Business Acumen - Must maintain a high level of knowledge of Capital Markets business products while partnering with peers to deliver timely results for numerous stakeholders. Must have the ability to transfer this knowledge in an accurate and clear manner to junior staff.
- Fast Paced - Work within a challenging, fast paced environment where time pressures demand a rapid response to requests from the trading floor. Work in a dynamic team environment where sharing of skills and knowledge is critical.
- Focused - Focused attention to detail when reviewing trade information in booking systems.
- Record keeping - Organized approach to record keeping of daily controls for audit purposes.
- Representation – Acts as the secondary point of contact and conduit for all internal departments, traders, and marketers for all trade control related matters. The incumbent will also participate in key initiatives and projects.
Who You Are
- You have undergraduate university degree in Mathematics, Economics, Finance, Commerce, Accounting. You possess 1-3 years of relevant experience.
- You can demonstrate experience in various systems. Knowledge of MarkitWire, Bloomberg terminal, Wall Street Systems. Harmony experience is an asset.
- You have the business acumen. Knowledge of derivatives and fixed income products - operational and settlement practices of bonds, swaps, options, futures, and foreign exchange.
- You have the technical knowledge. Intermediate Excel knowledge, specifically for reconciling datasets from different sources.
- You have strong understanding of the division of major departments in a bank and the flow of information. You have the ability to accurately respond to queries regarding trade details and discrepancies in a timely manner.
- You are a strong communicator. Strong communication skills required when dealing with the back office, investigations officers, traders, marketers and middle office with regards to trade bookings and amendments.
- You are a problem solver. Solid problem solving, analytical thinking and ability to use initiative while responding to non-routine queries.
- You are passionate about people. Effective interpersonal skills, including good teamwork and relationship building.
- You know the details matter. Confident and thorough, using good judgment, decision making and attention to detail.
- Values matter to you. You bring your real self to work, and you live our values – trust, teamwork and accountability.
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 work to recognize you in meaningful, personalized ways including a competitive compensation, a banking benefit*, wellbeing support and additional offers such as employee and family assistance programs 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.
- Subject to 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
Mailbox.careers-carrieres@cibc.com
- 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, French proficiency, 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.
Expected End Date
2025-06-02
Job Location
Toronto-161 Bay St., 4th
Employment Type
Temporary (Fixed Term)
Weekly Hours
37.5
Skills
Analytical Thinking, Auditing, Business Effectiveness, Capital Markets, Client Service, Customer Experience (CX), Detail-Oriented, Teamwor
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Responsibilities:
Please refer the Job description for details
REQUIREMENT SUMMARY
Min:1.0Max:3.0 year(s)
Banking/Mortgage
Banking / Insurance
Other
Graduate
Proficient
1
Toronto, ON, Canada