Job Information
CIBC Associate, Equity Markets Trading (Corporate Retail Block) in Toronto, Ontario
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 part of the Institutional Equity Trading team at CIBC, your key responsibilities will include supporting the Retail Block Desk, which serves investment advisors, portfolio managers, and retail brokers affiliated with CIBC. Additionally, you will execute normal course issuer bids and manage at-the-market offerings for our corporate clients. This role involves cultivating relationships with both retail and corporate clients of CIBC, emphasizing the importance of relationship building, business development, and collaboration with internal stakeholders such as Legal, Operations, and Banking departments.
At CIBC we enable the work environment most optimal for you to thrive in your role. To successfully perform the work, you’ll be on-site full-time.
How You’ll Succeed
Trading strategies - Demonstrated ability to manage large Canadian and US block orders by utilizing complex trading strategies for CIBC’s corporate and retail clients.
Relationship management - Cultivating relationships with new and existing clients through a strong knowledge of financial markets and products, along with a comprehensive understanding of client needs.
Client focused - Delivering market commentary, insights, and guidance to clients.
Collaboration and problem solving- Collaborating closely with internal partners to ensure seamless client coverage and identify cross-selling opportunities. Skillfully breaking down complex tasks into manageable components.
Risk mitigation - Conducting day-to-day monitoring of associated inventories to maintain limited risk exposure.
Who You Are
You have attained a university degree in Economics, Finance, Commerce, or Business, with a preference for a Master’s degree.
You can demonstrate 3-5 years of relevant industry experience.
You can demonstrate a strong knowledge of the Equity Markets business including share buybacks and at-the-market offerings.
You embrace and advocate for change. Ability to quickly acquire new knowledge, demonstrate competence, and add value to transactions and client relationships. You have natural ability to thrive in a fast-paced, transaction-driven environment.
You’re passionate about people . Excellent interpersonal and presentation skills to effectively develop and maintain productive client relationships.
You can demonstrate exceptional oral and written communication skills. Additionally, you have strong analytical and conceptual skills and are comfortable with managing legal documentation and contracts.
You know that details matter . Proven attention to detail and accuracy.
You’re a certified professional . Completion of the Canadian Securities Course, Trader Training, and Conduct and Practices Handbook is mandatory.
You are technically savvy . Proficiency with Fidessa and Bloomberg platforms. Experience with Python, VBA, and C# is considered an asset.
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 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.
Job Location
Toronto-161 Bay St., 5th
Employment Type
Regular
Weekly Hours
37.5
Skills
Analytics Insights, Business Direction, Client Service, Communication, Finance, Global Market, Marketing Strategies, Portfolio Management, Sales, Structured Products, Taking Ownership
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.