"Alerted.org

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 (https://www.cibc.com/en/about-cibc.html)

What You’ll Be Doing:

The US Business Management group provides direct day-to-day support for CIBC’s US Global Markets business. The group’s primary role is to assist in achieving the mandate to be a premier, client-focused global bank.

The Business Management group serves as the primary liaison between the Front Office Trading groups and the Sales desks, as well as their internal and external vendors, brokers and suppliers. Our group supports the US Trade Floor businesses with revenue generating initiatives and internal projects in an effort to drive and sustain profitability. US Business Management also strives to ensure a sound control environment and provides sound advice in support of business strategy. This role will be the lead Business Manager for multiple Trading Product areas but will focus on our growing Securitization business. As such, the ideal candidate will have a background in some securitized products, namely CLO, ABS, RMBS and CRE.

How You’ll Succeed:

+ Prioritize, direct and implement assignments / projects / initiatives, and resolve issues / problems to ensure Traders and Sales staff can focus on the specialized roles for which they have been employed;

+ Manage and drive product and desk expansions in support of US strategic growth plans; coordinate and draft project plans and business requirements for new initiatives while ensuring compliance with CIBC’s Change Initiative Risk Assessment (CIRA) process as mandated;

+ 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;

+ Build and maintain working relationships with stakeholders across the different businesses our team supports (e.g., Equity Markets, Commodities, Fixed Income, Treasury, etc), including up to Senior Management levels;

+ Partner with cross-functional groups (Middle Office, Finance, Operations, Human Resources, Technology, Compliance, Legal, and Internal Audit) to resolve issues, improve efficiencies, promote business objectives, and execute positive results; help identify and escalate issues/risks/dependencies and facilitate communication across teams;

+ Coordinate and contribute to responses of various internal and external auditor / regulator requests, findings and reports; remain apprised of the ever changing and applicable regulations and laws; ensure regulatory requirements and CIBC policies are understood, implemented and monitored successfully;

+ Manage an effective and documented internal control structure is in place, as evidenced through updates and maintenance of desk policies and procedures 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;

+ Manage and analyze Financials on behalf of the US Trade Floor; coordinate with Business Management partners in Toronto to produce revenue, expense, and headcount budgets, including updating forecasts and latest estimates throughout the fiscal year. Review and control operating and allocated expenses to identify and recommend opportunities for cost reduction. Provide accurate and detailed financial reports to desk heads and management on a periodic basis;

+ Partner with technology to ensure design and build requirements meet business needs; assist with technology projects by prioritizing and participating in technology discussion; synchronize and integrate the US Trade Floor’s strategic technology deliverables with those of CIBC Global Markets;

+ Support and organize technology infrastructure initiatives for the U.S. Trade Floor, which include, but are not limited to the following: trade floor moves, voice (turret) / communication, network, new user set-up, new infrastructure technology initiatives, application initiatives, hardware and market data. Focus on maximizing efficiencies and minimizing costs;

+ Liaise with external vendors and third party providers to coordinate market data services, execution platforms, broker contracts, etc.; coordinate with technology, legal, compliance, and other CIBC stakeholders to ensure approval and/or on-boarding of such is acceptable to CIBC;

+ Work with various risk groups to ensure an understanding of credit, market and operational risk for all businesses; ensure Traders have an understanding of their applicable market risk limits, approved products list, etc.;

+ Create a positive work environment and be an effective role model by championing CIBC’s mission, vision and values.

Who You Are:

+ 5 - 10 years of demonstrated experience as a Business or Front Office Project Manager;

+ Subject matter expertise in Securitized Products;

+ Highly motivated, self-starter; able to work in a fast paced, results driven environment, with limited management oversight;

+ Ability to articulate complex issues concisely and communicate effective and comfortably with senior people; excellent relationship building and stakeholder management skills;

+ Strategic thinker, with proven leadership;

+ 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 (i.e., Microsoft Office, including PowerPoint, Excel, Visio, and Essbase);

+ Trading COO experience preferred;

Series 7, 63, 24 are a plus

WORKING CONDITIONS

+ Hybrid work environment

+ Fast-paced Trade Floor environment;

+ Ability to thrive in a changing work environment;

+ **Values matter to you.** You bring your real self to work and you live our values – trust, teamwork, and accountability.

\#LI-TA

California residents — your privacy rights regarding your actual or prospective employment (https://us.cibc.com/en/about-us/california-consumer-privacy-act-employment.html)

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $150,000 - $180,000 for the NY,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 [email protected]

+ 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). 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.

Job Location

NY-300 Madison Ave., 5th Floor

Employment Type

Regular

Weekly Hours

40

Skills

Accountability, Business, Business Effectiveness, Business Management, Business Objectives, Business Operations, Business Processes, Capital Markets, Communication, Company Policies, Critical Thinking, Customer Experience (CX), Customer Service, Decision Making, Global Market, Hiring, Judgement, Leadership, Long Term Planning, Proposal Writing, Strategic Objectives, Waterfall Model

At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability.

Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel.

Every day, our 44,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.