Analyst, Global Markets (Global FX Trading)

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 

The Capital Markets arm of CIBC serves corporate, government and institutional clients with innovative solutions and value-added services. From actionable ideas to highly tailored financing solutions, M&A advice and a strong line-up of capital markets and treasury services, CIBC Capital Markets teams can provide the capabilities the clients need to help capitalize on opportunities and manage risk.

The Global Foreign Exchange Trading group offers Spot, Short Term Interest Rate, Non-Deliverable Forward and FX Option solutions to CIBC’s top-tier institutional clients in Canada and around the world.  As a member of the G10/EM FX Trading team you will focus on servicing clients in the North American session covering G10/EM Spot and Asia Forward/NDF trading.

At CIBC we enable the work environment most optimal for you to thrive in your role. To successfully perform the work, you’ll be on-site full-time

How You’ll Succeed

• Execution - Provide market making, execution and orderbook management for the G10/EM spot and EMFX NDF voice business.

• Schedule - Work within of a global team that manages the FX risks for the bank 24 hours a day, 5.5 days a week.  Ability to work outside of normal office hours including rotating occasional Sunday afternoon shifts.

• Dedication - Ability to handle tight deadlines and heavy workload, the result of which is the requirement to work outside normal business hours.

• Market view - Provide daily and on demand market color for internal and external stakeholders when requested regarding overall market sentiment, liquidity conditions and macroeconomic views.

• Business growth - Work productively with the global sales team to help build the existing institutional franchise.

• Risk - Manage the firm’s risk and exposure in the most efficient and optimal way including working with the eFX business and colleagues in other centers and job functions.

• Reporting - Run, report and review daily P&L reports.

• Compliance - Ensure adherence to the firm risk limits, compliance and regulatory requirements.

Who You Are 

• You have an undergraduate/graduate degree in Mathematics, Finance, Technology, Engineering.

• You can demonstrate previous experience in market making FX Spot/NDF or related experience preferable and a genuine interest in global financial markets

• You can demonstrate ability to manage risk and monetize franchise value. Proven knowledge of the implications of global macroeconomics and geopolitics as it pertains to FX and financial markets.

• You are technically savvy. Highly proficient in the use of advanced functions in Excel, VBA. Coding proficiency is a plus and working knowledge of Bloomberg is required

• You’re motivated by collective success. Good interpersonal skills and a team player

• You’re goal oriented. Entrepreneurial mindset and the ability to work under one’s own initiative

• You embrace and advocate for change. Proven ability to excel in fast-paced environment with constantly changing priorities

• Values matter to you. You bring your real self to work and you live our values - trust, teamwork, and accountability.

#LI-TA

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*, defined benefit pension plan*, an employee share purchase plan, 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, French proficiency, 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

Toronto-161 Bay St., 5th

Employment Type

Regular

Weekly Hours

37.5

Skills

Business Direction, Client Service, Communication, Customer Relationship Management (CRM), Data Analysis, Equity Derivatives, Global Market, Interest Rate Derivatives, Market Analysis, Market Trading, Relationship Management