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 Commodities Trading team, you will work in a fast-paced environment, contributing to the trading desk’s operations and assisting in trading and managing risk positions. You will:
Learn about the trading of commodities and support the trading staff across all commodity products, including energy, metals, agriculture, and index products.
Support desk operations, including end-of-day, end-of-month, and end-of-year processes, and help automate these processes using Python and VBA.
Contribute to the growth of the business by assisting in the onboarding of new products through established risk assessment and onboarding processes.
Gain a deep understanding of the commodities markets and develop subject matter expertise in trading to support staff and client transactions.
Develop trading analytics and strategies, leveraging programming and statistical analysis.
Engage with clients to understand their priorities, provide solutions, and offer forward-looking financial plans.
Participate in marketing and outreach activities to grow your network and deepen relationships.
How You’ll Succeed:
Risk Management: Support the trading desk in risk management of commodities positions. Grow into a role where you will be relied upon to quote and trade commodities risk from clients.
Collaboration: Work with stakeholders in middle and back office to ensure best practices.
Technical Skills: Utilize various programming languages to develop trading strategies, automate processes, and perform analysis. A high level of proficiency in Python is preferred.
Communication: Clearly communicate trade ideas and hedging solutions to the sales desk to support the client franchise.
Client Engagement: Meet with clients, understand their needs, and provide tailored solutions.
Relationship Building: Engage in outreach activities, deepen relationships, and connect clients with the right opportunities.
Leveraging Technology: Become a technology expert and help clients utilize our digital tools.
Who You Are
You have a Undergraduate degree in a quantitative discipline and 0-2 years of experience. You are comfortable with numbers and have strong analytical skills.
You have a strong understanding of one or more programming languages, with a high level of proficiency in Python preferred.
You know that details matter. You notice things that others don't. Your critical thinking skills help to inform your decision making.
You love to learn. You're passionate about growing your knowledge. You have a strong sense of curiosity.
You’re goal oriented. You’re motivated by accomplishing your goals and delivering your best to make a difference.
You find meaning in relationships and surround yourself with a diverse network of partners. You connect with others through respect and authenticity.
Values matter to you. You bring your real self to work and you live our values – trust, teamwork, and accountability.
#LI-TA
At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $115,000 - $150,000 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-New York, 300 Madison Ave Fl 5Employment Type
RegularWeekly Hours
40Skills
Accountability, Analytical Thinking, Client Consultations, Communication, Critical Thinking, Financial Markets, Financial Modeling, Global Market, Investments, Market Trading, Researching, TeamworkSkills Required
- Undergraduate degree in a quantitative discipline
- 0-2 years of relevant experience
- Strong analytical skills and comfort with numbers
- Strong understanding of one or more programming languages
- High level of proficiency in Python
- Experience automating processes using VBA
- Ability to communicate trade ideas and engage with clients
- Interest or knowledge in commodities markets and trading
What We Do
CIBC is here to help all our clients reach their goals. We know the importance of reliable financial products and services, and we’re dedicated to providing them in a way that lets you bank however you want, whenever you want. With innovative tools designed around your priorities and a team fully focused on your success, you’ll get the insights you need to get even closer to achieving your goals. This culture of innovation and shared values of trust, teamwork and accountability are why we’ve been named a top employer in Canada. They’re also why a career at CIBC is more than a job—it’s an opportunity to grow and work alongside some of the brightest in Canada. La Banque CIBC est là pour aider tous nos clients à atteindre leurs objectifs. Nous connaissons l'importance de produits et services financiers fiables, et nous nous engageons à les fournir d'une manière qui vous permette d'effectuer vos opérations bancaires comme vous le souhaitez, quand vous le souhaitez. Avec des outils innovants conçus autour de vos priorités et une équipe entièrement centrée sur votre réussite, vous obtiendrez les informations dont vous avez besoin pour vous rapprocher encore plus de vos objectifs. Cette culture de l'innovation et les valeurs partagées de confiance, de travail d'équipe et de responsabilité sont la raison pour laquelle nous avons été nommés l'un des meilleurs employeurs au Canada. C'est aussi pourquoi une carrière à la Banque CIBC est plus qu'un emploi : c'est une occasion de grandir et de travailler aux côtés de certaines des personnes plus brillantes au Canada
