Job Information
CIBC Senior Treasury Analyst 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
CIBC Treasury actively manages balance sheet resources (capital, funding and investments), as well as balance sheet risks (interest rate, liquidity and foreign exchange) in support of our bank’s strategy. We are an independent advisor to our operating businesses in the analytical pricing of products and strategies. Treasury also manages regulatory, central bank, government, industry and investor relations related to capital and funding instruments, balance sheet regulation, and treasury related financial system risks. As a Senior Treasury Analyst, you will work closely with the team, and cross-functional teams including Finance, Taxation, Legal, and Corporate Secretary, to assist in capital planning, execution of capital initiatives, and providing analysis to support management decisions and obtaining regulators’ approvals.
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. 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
Execution and Analysis. Assist in the execution, analysis and regulatory reporting of capital initiatives, such as Normal Course Issuer Bid program, issuances and redemptions of CIBC capital instruments
Assist in support to CIBC subsidiaries, including capital contributions, parental guarantees, and lines of credits; and prepare annual reporting of such activities to the Risk Management Committee
Manage the traced capital portfolio , including cash flow forecasting, reviewing reinvestment instructions, and management reporting; Prepare quarterly variance analysis of our capital and TLAC positions; and periodic and ad hoc analysis related to CIBC’s capital position
Monitor and update structural foreign exchange sensitivity to our capital ratios;
Perform benchmarking analysis using CIBC and other banks' disclosures (MD&A, FS, Pillar 3 report, investor slides, quarterly calls), focusing on capital, including what has happened in the past quarter, future plans, management commentary. Summarize findings and send to internal stakeholders;
Providing support to the Bank’s the Balance Sheet Recourse Co
Who You Are
You have a degree in Business, Finance or a related discipline. If you have (or are working towards) a certification (CPA or CFA), it will be considered an asset.
You have a good knowledge of Financial Accounting and understand the concept of legal entity . Related work experience will be considered an asset.
You can demonstrate experience with analysis and problem solving. You have the ability to produce high quality work with ad hoc requests and under demanding conditions and timeframes. You possess a high proficiency with Microsoft Excel and Microsoft PowerPoint; and have strong communication skills and attention to detail.
You give meaning to data. You enjoy investigating complex problems, and making sense of information. You're confident in your ability to communicate detailed information in an impactful way.
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.
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., 11th
Employment Type
Regular
Weekly Hours
37.5
Skills
Analytical Acumen, Capital Planning, Capital Structure, Communication, Financial Modeling, Legal Entity Management, Microsoft Applications, Regulatory Experience, Reporting and Analysis
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.