Associate, Global Markets Business Management

at  CIBC

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
As a member of the US Business Management group, you’ll provide direct day-to-day support for CIBC’s US Global Markets business. The Business Management team serves as the primary liaison between the Front Office Trading groups and the Sales desks, as well as their internal and external vendors, brokers, suppliers and infrastructure teams. The group supports the US Trade Floor businesses with new initiatives and projects in an effort to drive and sustain profitability. US Business Management also strives to ensure a sound control and governance environment.
As an Associate, you’ll be responsible for supporting the team to resolve day-to-day service or business related issues with a primary focus on coordination of governance and control requirements, while learning the trading products and eventually acting as business manager for a portfolio of products.
You’re flexible to work hours as needed to help deliver a great client experience, which may include evenings and weekends.
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

• Build and maintain working relationships with stakeholders across the different businesses our team supports (Commodities, Equity Derivatives, Fixed Income, Global Credit Finance, Distribution, Treasury, Structuring)
• Manage an effective and documented internal control structure, by maintaining desk policies and procedures, ensuring Volcker compliance, as well as adherence to, and successful testing of, internal controls and logical access reviews; maintain, support and enhance the information risk policies, standards, guidelines, processes and metrics
• Assist Business Management team with obtaining information and data responses to internal and external auditor / regulator requests;
• Partner with Trading desk and the Product Onboarding team to add new products to the various trading desk’s Authorized Product List
• Partner with Senior Business Managers to assist with new initiatives and projects
• Be responsive and accessible to the business throughout the day; be proactive in response to information requests and promptly resolve any day-to-day service or business related issues
• This role collaborates with peers from Business Management Groups across various regions (North America, Europe, APAC) as well as with Capital Markets infrastructure and support groups to identify, support and resolve business issues and needs
• On a regular and ongoing basis, this position interacts with all functional areas of the firm up to, and including, senior management

Who You Are

• Highly motivated, self-starter; able to work in a fast paced, results driven environment;
• 2–5 years of demonstrated experience in Capital Markets as a Business Manager or in some other cross-product discipline (e.g. Finance, Risk, Audit, IT)
• Excellent organizational skills with a good attention to detail
• Strong interpersonal, written, verbal and presentation skills
• Ability to execute tasks under aggressive targets and effectively manage to changes in plan
• Strong knowledge of Microsoft applications (Microsoft Office, including PowerPoint, Excel, Visio)
• Values matter to you. You bring your real self to work and you live our values – trust, teamwork, and accountability.

Conduct and Risk Culture

Our CIBC risk culture is based on employees striving to exceed the expectations of ourselves and our leadership’s identification and mitigation of risks in their daily responsibilities, not just in quarterly or annual monitoring/assessments. We all are accountable for managing risk.

• As an employee of CIBC the incumbent must conduct themselves (and foster an environment for others) in a manner consistent with our strong risk culture. This includes:
• Following all aspects of the CIBC Code of Conduct, as well as all applicable CIBC policies, frameworks, guidelines, processes and controls
• At all times acting in accordance with our Purpose and shared values, to achieve our Bank’s strategic goals
• Understanding and following the qualitative and quantitative components of our Risk Appetite Statements
• Completing all annual Corporate Mandatory Training and Testing modules, as well as any additional business-specific modules, as required and employing the learnings in daily activities and undertakings
• Escalating matters through one of the appropriate channels identified in the CIBC Code of Conduct (i.e., HR, management, Ethics Hotline, Whistleblower, etc.) upon observing activities that may be inconsistent with CIBC’s policies, frameworks, guidelines, processes and controls, and where applicable, assist in the resolution of same
• Speaking up if witnessing behaviors that drive poor or unfair outcomes for clients, team members or other stakeholders
• Escalating matters that can result in adverse market practices and outcomes, thereby negatively impacting CIBC’s reputation as a leading financial institution

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of USD$110,000 - $130,000 in the New York, NY market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which also may include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employee’s needs; including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave, and Vacation), Holidays, and 401(k), in addition to other special perks reserved for our team members.
Candidates hired to work in other locations will be subject to the pay range associated with that location. Additional total compensation and benefits details will be provided during the hiring process.
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 aspire to give you a career, rather than just a paycheck.

• We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program*, a vacation offering, wellbeing support, 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.
• 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.
• Subject to plan and 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.

Job Location
NY-300 Madison Ave., 5th Floor
Employment Type
Regular
Weekly Hours
40
Skills
Analytical Thinking, Auditing (Inactive), Business Effectiveness, Capital Markets, Client Onboarding, Client Relationship Management, Customer Experience (CX), Detail-Oriented, Strategic Initiatives, Teamwor

• As an employee of CIBC the incumbent must conduct themselves (and foster an environment for others) in a manner consistent with our strong risk culture. This includes:
• Following all aspects of the CIBC Code of Conduct, as well as all applicable CIBC policies, frameworks, guidelines, processes and controls
• At all times acting in accordance with our Purpose and shared values, to achieve our Bank’s strategic goals
• Understanding and following the qualitative and quantitative components of our Risk Appetite Statements
• Completing all annual Corporate Mandatory Training and Testing modules, as well as any additional business-specific modules, as required and employing the learnings in daily activities and undertakings
• Escalating matters through one of the appropriate channels identified in the CIBC Code of Conduct (i.e., HR, management, Ethics Hotline, Whistleblower, etc.) upon observing activities that may be inconsistent with CIBC’s policies, frameworks, guidelines, processes and controls, and where applicable, assist in the resolution of same
• Speaking up if witnessing behaviors that drive poor or unfair outcomes for clients, team members or other stakeholders
• Escalating matters that can result in adverse market practices and outcomes, thereby negatively impacting CIBC’s reputation as a leading financial institutio