Executive Director, US Low-Touch Electronic Trading Desk Head
CIBC
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**
CIBC’s Electronic Trading Group is a leader in electronic execution, offering clients algorithmic equity trading products, direct market access (DMA) and advanced trading tools for strategy implementation and best execution. We are seeking an experienced US electronic and algorithmic trading product and coverage person to manage the US low-touch trading desk and accelerate the growth and expansion of our US Electronic Trading platform. This high-impact role will be responsible for overseeing all aspects of electronic trading, driving strategic growth and new product development, managing risk, and ensuring the highest standards of execution and client service. The successful candidate will play a pivotal role in shaping our electronic trading capabilities and strengthening our market presence.
**How You’ll Succeed**
+ **Leadership & Strategy**
+ Develop and execute the strategic vision for the US Electronic Trading Desk in alignment with CIBC’s Capital Markets objectives.
+ Lead, mentor, and manage a team of electronic trading professionals, fostering a culture of innovation, collaboration, and performance.
+ Identify market trends, emerging technologies, and regulatory changes to inform trading strategies and business development.
+ **Trading Operations**
+ Oversee day-to-day electronic trading activities across equities, fixed income, and other asset classes as applicable.
+ Ensure optimal execution quality, liquidity management, and risk controls.
+ Monitor and analyze trading performance, implementing enhancements to algorithms and trading platforms.
+ **Client Coverage & Relationship Management**
+ Build and maintain strong relationships with institutional clients, ensuring exceptional service and responsiveness.
+ Collaborate with sales, research, and other trading desks to deliver integrated solutions and drive client engagement.
+ **Technology & Innovation**
+ Collaborate with trading, technology, and product teams to deliver innovative, best-in-class client solutions including advanced trading infrastructure, algorithmic strategies, market connectivity, and data analytics.
+ Champion the adoption of cutting-edge tools and processes to maintain competitive advantage.
+ **Risk Management & Compliance**
+ Ensure strict adherence to compliance and operational risk controls in accordance with company and regulatory standards.
+ Liaise effectively with internal stakeholder groups including Legal, Operations, Compliance, Technology, Credit and Risk to manage all aspects of the business.
+ Proactively identify and mitigate operational, market, and reputational risks.
+ **Global Collaboration:**
+ Work closely with the Global Electronic Trading sales team to identify and onboard net new opportunities and help manage the electronic trading prospect pipeline.
+ Partner with global sales and trading teams to ensure seamless client coverage and execution.
+ Collaborate with the broader CIBC Capital Markets franchise – including High Touch Equities Sales Trading, Program Trading, Prime Brokerage, and Derivatives teams – to advance CIBC market share across all products.
+ **Business Development**
+ Serve as a trusted advisor to clients, understanding their trading needs and delivering tailored electronic and algorithmic trading solutions.
+ Champion a culture of responsible finance, sound governance and supervision, expense discipline and ethical conduct.
**Who You Are**
+ **Values matter to you.** You bring your real self to work and you live our values – trust, teamwork, and accountability.
+ **Experience:**
+ Minimum of 10+ years of experience in electronic and algorithmic trading within a major investment bank, broker-dealer, or trading platform.
+ Demonstrated track record of originating and managing relationships with US hedge funds and institutional asset managers.
+ **Technical & Market Knowledge:**
+ Deep expertise in electronic trading products, market microstructure, and algorithmic strategies.
+ Established network and strong reputation among buy-side trading and investment professionals.
+ Exceptional communication, negotiation, and presentation skills.
+ Entrepreneurial mindset with demonstrated success in building and scaling businesses.
+ **Education:**
+ Bachelor’s degree required, preferably in Business, Mathematics, Engineering, Computer Science, or a related field.
+ **Certifications:**
+ US regulatory registrations (Series 7, 63, etc.) required.
+ Canadian regulatory registrations (CSC, DFC, CPH, etc.) are an asset.
+ **Skills:**
+ Highly proactive, motivated, and detail-oriented with the ability to work independently.
+ Excellent oral and written communication skills, with the ability to engage effectively at all levels of the organization.
+ Strong organizational skills and ability to manage multiple priorities and deadlines.
+ Flexible schedule, with the ability to travel regularly as required.
California residents — your privacy rights regarding your actual or prospective employment (https://us.cibc.com/en/about-us/california-consumer-privacy-act-employment.html)
At CIBC, we offer a competitive total rewards package. This role has an expected salary of $275,000 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.
\#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*, 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 Mailbox.careers-carrieres@cibc.com
+ 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 Coverage, Client Service, Customer Engagement, Financial Modeling, Global Market, Investments, Leadership, Market Trading, Process Improvements, Researching, Solution Strategies
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.
Confirmar seu email: Enviar Email
Todos os Empregos de CIBC