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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 Director/Executive Director for US Delta One trading operates under the guidance of the business leader, significantly impacts the firm’s bottom line (i.e., trading revenue, deal flow, managing capital, client impact, risk responsibility, business budget, external profile, etc.) and contributes to firm-wide priorities and business line initiatives.

How You’ll Succeed

+ Structuring creative solutions to clients financing / market access needs using delta-one product suite.

+ Daily management of derivatives products including life cycle, management of the market, set-ups etc.

+ Trading on the Delta One swap desk for trading GC swap and Index products

+ Creating, designing, and delivering new derivatives products.

+ Implement and improve the market models.

+ Interact on a daily basis with other internal teams such as support, technology, sales etc.

+ Structuring creative solutions to clients financing / market access needs using delta-one product suite, both Listed and OTC

+ Generation of trade ideas, flow color and other market commentary for Sales and client use.

+ Executing hedges to delta-one derivative trades in the cash, options, and futures markets.

+ Working with partners in Compliance, Tax, Legal, Credit and Risk to control and manage business risks.

+ Working with support partners in Middle Office, Documentation, Client Service and Electronic Trading to ensure a seamless client experience on each trade.

Who You Are

+ Comprehensive knowledge of financial markets, specifically, Equity Derivatives functions and products.

+ A strong academic background in Finance/Economics.

+ 10 plus years of relevant financial industry experience in a similar position ( Delta One, Listed Derivatives, Total Return Swaps, Index trading )

+ Extensive knowledge and experience in Equity Derivative products.

+ Excellent writing and verbal communication skills, able to present complex material in a simple manner.

+ Ability to work as part of a team with other traders and salespeople.

+ The ability to make quick decisions under pressure.

+ Detailed working knowledge of the industry and market to assess impact of market conditions.

+ Significant presentation/interactive skills sufficient to clearly articulate complex conceptual information/ideas on issues involving extensive interpretation and opinion.

+ Strong quantitative skills.

+ Strong programming and application skills: C++, VBA, Shell scripts, Excel, Access.

+ Strong analytic and problem solving skills

+ Strong interpersonal skills, results oriented and a team player

+ Strong written and oral communication skills

+ Ability to work well in a fast-paced environment with changing priorities

+ Negotiating and influencing skills to shape decision-making processes at senior levels and resolve situations where compromise solutions are often negotiated.

+ Creativity skills sufficient to resolve complex problems and/or identify innovative alternatives or opportunities.

+ Comprehensive understanding of elements of profitability, risk and cost control.

+ Knowledge of business/finance typically acquired through University business degree or equivalent combination of education and industry experience and relevant post-graduate education as specified by US-FIC.

+ Unquestioned professionalism, ethics and reputation and proven ability to exercise strong independent judgment when making business decisions and/or representing CIBC World Markets.

+ Strategic thinking capability with ability to identify and exploit trends and opportunities.

+ **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 (Director - $200,000) ,(Executive Director - $250,000) for 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 [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, Analytical Thinking, Bottom Line, Business, Business Decisions, Communication, Customer Engagement, Finance, Finance Industry, Financial Markets, Financial Modeling, Global Market, Investments, Leadership, Legal Practices, Market Trading, Process Improvements, Researching, Solution Strategies

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.