Job Information
CIBC CIBC - Senior Quantitative Analyst - Montreal - Bilingual in Montréal, Quebec
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 Asset Management (CIBC AM) is one of Canada's largest asset management firms with approximately $180 billion in assets under management and possess over forty-five years of experience designing and implementing client solutions. We are leaders in providing a broad range of high-quality global investment management solutions to retail and institutional clients. Our assets include those under institutional money management for pension funds, endowments and insurance funds, private wealth management, and those that are part of the CIBC family of mutual funds such as CIBC Mutual Funds and Renaissance Investments family of funds and the CIBC family of managed portfolio solutions such as Managed Portfolio Services (MPS), Personal Portfolio Services (PPS), Frontiers Pools, Axiom Portfolios.
At CIBC, our goal is to help our clients achieve what matters to them. Our philosophy is based on the CIBC values of Trust, Teamwork, and Accountability and we achieve results for our clients through an in-depth disciplined investing approach based on rigor and research.
As Senior Quantitative Analyst, you will apply your knowledge and experience of data modelling to solve challenging business problems and bring innovative solutions. This role is focused on the development and interpretation of practical Fixed Income quantitative strategies to be used as part of our Multi-Asset and Currency investment processes.The Multi-Asset and Currency Investment group is a Montreal based team with assets north of $40B. You will be responsible for maintaining and improving models that predict relative or absolute returns in country, currencies, equities, global fixed income, and alternative asset classes including commodities and volatility.
At CIBC we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.
How you’ll succeed
Quantitative Research. You will apply new and well established techniques to the problem of creating portfolios which add value for clients whilst controlling risk. You will draw on academic sources, industry research and insights from team members for new ideas to test. Research may include finding signals that help predict asset returns, applying new algorithms to our established factors, testing new portfolio construction algorithms and assessing the risk environment
Communication. You will have good interpersonal, verbal and written communication skills. Able to explain concisely highly technical information to audiences with varying technical expertise. You will have the ability to constructively challenge model methodologies, assumptions and validation approach.
Programming . You will write and run programs in Python. You will create functions, classes, modules or similar tools that other members of the quantitative research team can use. You will contribute to the on-going development of our back-testing, portfolio construction and risk architecture.
Problem solving and Critical thinking. You will be able to accurately identify a problem’s source, severity, and impact to determine possible solutions and required resources.
Who you are
You can demonstrate advanced knowledge and deep understanding of asset class, factor and portfolio modeling obtained through 10+ years of practical experience in FI research, PM Quant support or as Quant PM.
You have extensive hands-on experience in Python and a proven ability to quickly learn and adapt to new tools.
You love to learn and share your learning. You're passionate about growing your knowledge, and sharing your knowledge.
You understand that success is in the details. You notice things that others don't. Your critical thinking skills help to inform your decision making.
You have a post-graduate degree or diploma with significant math or stats emphasis and advanced knowledge of financial markets.
You put our clients first. You engage with purpose to find the right solutions. You go the extra mile, because it's the right thing to do.
You're driven by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to bring a shared vision to life.
Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.
You're fluent in French and English to serve our clients in the community.
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
2024-08-20
Job Location
Non-Trader-1000 Gauchetière O
Employment Type
Regular
Weekly Hours
37.5
Skills
Fixed Income Investments, Investment Research, Mathematical Finance
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.