Toronto, ON, M5R 1A6, CAN
2 days ago
Senior Risk Manager, Trading Credit Risk
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** As the Risk Manager, Trading Credit Risk, you will fulfill the mandate to ensure that all trading credit risks incurred globally within CIBC’s Capital Markets activities, namely, Foreign Exchange, Fixed Income, Equities, Commodities, GCF, Treasury, portfolios are properly identified, measured, reported and disclosed in a consistent manner. As part of a team that is the focal point of all credit related inquiries originating from the trading room, you will be a representative of the various credit groups that are required to measure, monitor and adjudicate trading room credit. You will also ensure that all credit risk issues relating to the strategic development of these businesses are appropriately addressed. This role will include statistical modeling in a portfolio context, as well as ad hoc analysis of specific risks/transactions. In addition, you will participate in group-wide projects, contributing innovative thinking and an advanced analytical approach. You will interface with traders, relationship mangers, credit adjudicators, finance, audit, technology, and other departments within Trading Credit Risk, Capital Markets Risk Management, and will form a key part of the team supporting the Trading Credit Risk, CMRM. _At CIBC we enable the work environment most optimal for you to thrive in your role. You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 1-3 days per week on-site, while other days will be remote._ **How you’ll succeed** + **Apply Counterparty Credit Risk Expertise** – You will cultivate and apply broad knowledge of the Trading Credit Risk, including a deep understanding of the interaction between Counterparty Credit Risk, OTC Derivatives products, Securities Financing, and key regulatory capital measures. Keep up to date with pertinent regulatory requirements and new product knowledges. + **Represent the Team** – You will ensure that the business leadership perceives the TCR Exposure & Capital team as added value and the first point of contact for their businesses through the development of new tools/methods and the efficient delivery of solutions to day-to-day problems relating to credit risk. Assist the trading floor on the successful execution of transactions through prioritization and utilization of credit and capital. Provide accurate and timely measurement of all relevant contingent credit risk – at a transaction and counterparty portfolio level to help facilitate credit adjudicator decisions. You will be the intermediation point between Relationship Management (CCP), Credit Risk Management Adjudication and trading floor personnel on credit facilities by ensuring that facilities are set up to reflect the various dimensions of risk appetite. + **Forward and Strategic Thinking** – Identify area to enhance counterparty credit risk measurements and processes, work closely among Trading Credit Team, Credit Solution team and Quantitative Risk team for measurement system and reporting enhancement. Provide credit expertise and guidance to Senior Management within Risk Management and various members in the trading room on specific portfolios and counterparties, assist in the introduction and success of new product categories and new transactions that satisfy business and client needs. **Who you are** + **You can demonstrate experience.** Familiarity with methodologies for quantifying and analyzing market and credit risks and in-depth knowledge of OTC derivatives products (FX, IR, Credit, Equities and Commodities). Proficiency in Microsoft Excel VBA, SQL database and Python. Experience delivering presentations to an audience. + **You can demonstrate knowledge.** Understanding of key finance/investment management concepts as well as strong skills in analytical research and pricing/statistical modeling. + **It's an asset.** Practical trading and/or risk analysis experience is an asset. A FRM designation is an asset. Knowledge of regulatory requirements pertaining to the Counterparty Credit Risk is an asset. + **You have a degree.** In quantitative finance, mathematics, and/or related discipline. + **You give meaning to data.** You enjoy investigating complex problems and making sense of information. You communicate detailed information in a meaningful way. + **You’re goal oriented.** You’re motivated by accomplishing your goals and delivering your best to make a difference. + **You're motivated by collective success.** You know that teamwork can transform a good idea into a great one. You know that an inclusive team that enjoys working together can bring a vision to life. + **You know that details matter.** You notice things that others don't. Your critical thinking skills help to inform your decision making. + **Values matter to you.** You bring your real self to work and you live our values – trust, teamwork and accountability. **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 work to recognize you in meaningful, personalized ways including a competitive compensation, a banking benefit*, wellbeing support and additional offers such as employee and family assistance programs 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. *Subject to 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, 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. **Expected End Date** 2025-09-15 **Job Location** Toronto-81 Bay, 29th Floor **Employment Type** Regular **Weekly Hours** 37.5 **Skills** Analytical Thinking, Decision Making, Long Term Planning, Market Risk Analysis, Market Risk Management, Microsoft Excel VBA Programming, People Management, Python (Programming Language), Regulatory Requirements, Risk Management Framework 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