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Associate/Director, Commodities Trader
- CIBC (New York, NY)
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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:
As a member of the Commodities team, you’ll work in a fast-paced organization where you’ll make a meaningful difference in our clients’ lives. As an Associate, you’ll contribute to the trading desk’s operations and assist in trading and managing risk positions.
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:
+ Communicate trade ideas and hedging solutions to the sales desk to support the client franchise
+ Effectively quote clients and manage commodities market risk
+ Work with various stakeholders in middle and back office to ensure best practices
+ Utilize Python, VBA, and similar programming languages to develop trading strategies, automate processes, and perform analysis
Who You Are:
+ **You have a successful record managing risk in the commodities markets.** You have at least two years of experience trading in commodities markets and can articulate your trading strategies.
+ **You have a degree/diploma in a quantitative discipline.** You are comfortable with numbers and have strong analytical skills.
+ **You can demonstrate experience in Excel and at least one programming language.**
+ **You know that details matter.** You notice things that others don't. Your critical thinking skills help to inform your decision making.
+ **You give meaning to data.** You enjoy investigating complex problems and making sense of information. You communicate detailed information in a meaningful way.
+ **You put our clients first.** You engage with purpose to find the right solutions. You go the extra mile, because it's the right thing to do.
+ **You’re goal oriented.** You’re motivated by accomplishing your goals and delivering your best to make a difference.
+ **You're passionate about people.** You find meaning in relationships and surround yourself with a diverse network of partners. You connect with others through respect and authenticity.
+ **You love to learn.** You're passionate about growing your knowledge. You have a strong sense of curiosity.
+ **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 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 health benefits program, 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.
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At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $150,000-$200,000 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
Analytical Thinking, Client Consultations, Critical Thinking, Financial Markets, Financial Modeling, Global Market, Investments, Market Trading, Researching
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.
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