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 role will be critical to assisting the CLO desk with structuring analysis and portfolio reviews as well as providing marketing product for the sales force to discuss and distribute to clients. This information should have direct positive impact on the desk’s P&L. This candidate will be responsible for modeling and documentation negotiation.. This role will also work closely with our Warehouse Team in Toronto to discuss the CLO warehouses. As the U.S. GCF team grows, it is possible this role may expand to other products.
How You’ll Succeed
- Follow and analyze CLO Market
- Learn CLO Documentation
- Work with the sales force to get documentation stips on time and learn what clients need
- Work with structuring leads to learn how to model CLO Deals
- Work with managers to analyze portfolios
- Learn how to work with Rating Agencies and Law Firms on our deals
- Work with Syndicate to achieve optimal results on our delas
- Help differentiate CIBC and elevate our research profile.
Cross-Functional Relationships
- Sales and trading groups within FICC, particularly the GCF and Sales teams in New York.
- Peers within FICC and within World Markets.
- Other key infrastructure groups supporting the equity and fixed income derivatives, such as Middle Office, Finance, Risk, Technology and Operations.
- Credit Trading in Canada and Europe
- Sales Globally
Who You Are
Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.
You can demonstrate experience with:
- Undergraduate or graduate degree in related field (Economics, Finance, Business, Computer Science)
- Series 7 and 63 is required.
- Thorough understanding of the financial markets and market influences, including general current affairs.
- Ability to deal with the inherent conflict between the sales and trading functions, and maintain a strong position in the face of opposition.
- Interpersonal skills to deal effectively with clients and staff.
- Ability to relay complex news/developments in a concise/clear manner.
- Ability to work under pressure.
California residents — your privacy rights regarding your actual or prospective employment
At CIBC, we offer a competitive total rewards package. This role has an expected salary of $225,000 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.
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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 FloorEmployment Type
RegularWeekly Hours
40Skills
Analytical Thinking, Client Consultations, Finance, Financial Markets, Financial Modeling, Global Market, Investments, Market Trading, ResearchingTop Skills
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
