Data Analyst, Alternate Solutions Group

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 Will Be Doing
 

CIBC’s Global Markets business focuses on delivering expert financial and economic analysis and savvy deal-making capabilities to clients in Canada and around the world. The Global Markets team supports fixed income, foreign exchange, commodities, derivatives, equities, and growth markets and is focused on building a strong, innovative relationship-oriented bank.

Within CIBC Global Markets, the Alternate Solutions Group (ASG) was launched in 2013 with a mandate to develop innovative and creative technology-driven capital markets solutions. This group is an unconventional capital markets organization that combines the innovative spirit and agility of a FinTech startup with the financial strength and strong governance protocol of a major financial institution. ASG has been recognized as a global leader in providing disruptive technological capital markets solutions in several product areas including Cross Border Payments, Dynamic Currency Conversion, and Foreign Cash . ASG’s client base stretches from some of the largest banks in the world, to corporates to CIBC’s retail clients.

We are hiring on the Global Payment  Services (GPS) team, a leading  product in ASG. GPS offers Retail & Corporate clients the ability to send and receive funds globally in their preferred payment method and currency.

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

How You'll Succeed

• Data Engineering, Development and Delivery: You will play a crucial role in clearly communicating goals to stakeholders and collaborating closely with cross-functional teams, including engineering, design, and risk partners. You will translate business requirements into actionable user stories and specifications, facilitating sprint planning, reviews, and retrospectives to ensure that the development team remains aligned and focused on delivering high-quality features. By monitoring product performance metrics and user feedback, you will leverage insights to drive continuous improvement and innovation. Your efforts will maximize the value of our products through development work, identifying ways to drive efficiencies and scale with every release. Additionally, you will support discussions with risk partners to align on requirements and approvals essential for successful development.

• Advancing the Data Analytics Pipeline: You will collaborate with Product teams to distill feedback into prioritized features and enhancements that drive new revenue streams and operational efficiencies. You will identify new use cases and revenue opportunities through team interactions and market analysis, while analyzing the market and competitive solutions to design best-in-class offerings. Your ability to effectively communicate the unique value proposition of your work will be essential, as will your assessment of new technology platforms and tools to support the design of scalable and stable systems.

• Leveraging Analytical Skills: You will utilize data analytics tools to identify, analyze, and interpret patterns in complex data sets, providing actionable insights and recommendations that inform product strategy. You will monitor and track product performance and client portfolio metrics, responding proactively to any anomalies and trends that arise. Additionally, you will conduct comprehensive research to identify business trends and opportunities that align with our product development goals.

• Collaboration and Team Support: You will foster a collaborative environment by supporting and mentoring your team members through knowledge sharing and effective problem-solving. You will build strong internal relationships with stakeholders to ensure alignment and support for product initiatives. Additionally, you will establish clear context and direction when assigning work to your team, ensuring that everyone is aligned with the product goals and objectives.

Who You Are

• You have an undergraduate university degree in STEM (Computer Science, Technology, Engineering or Mathematics) or related fields.

• You can demonstrate a strong understanding of technology, foreign exchange, payments, and capital markets. 

• You can demonstrate 1-2 years of experience in data science,  data analytics,  or in a similar role.

• You thrive in a fast-paced environment. You’re able to manage competing priorities in a fast-paced, high-pressure, results-oriented work environment.

• You are tech savvy. You have the ability to independently pull, manipulate, and manage large datasets from enterprise-level relational databases (e.g., SQL Server, Oracle, PostgreSQL); very strong in data cleaning, transformation, and preparation using Python (libraries such as pandas, numpy etc.) or R.

• You give meaning to data. You have demonstrated experience in machine learning / AI modelling workflow and  building insightful dashboards using PowerBI. It is an asset if you are familiar with common AI frameworks such TensorFlow, PyTorch or Scikit-Learn.

• 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., 4th

Employment Type

Regular

Weekly Hours

37.5

Skills

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