Job Information
CIBC Sr. Financial Analyst, Product Control (18 months) 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
The Daily Financial Estimates (DFE) Product Control Team is accountable for the integrity and timeliness of gross revenue for management records and reporting; namely Profit and Loss (P&L) reconciliation and decomposition to trader’s Same Day Estimates (SDE). You will embody the One Finance Vision and Guiding Principles.
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
Relationship managemen t – possess good teamwork, partnership and relationship building skills sufficient to act in a collaborative manner given team members and stakeholders different backgrounds and experiences. You will liaise daily with Finance, Front Office and other Capital Markets stakeholder groups.
C *orroboration * – provide supporting activities to Front Office, Risk Management and Finance, which includes decomposition of P&L by risk factors to ensure business partners understand the underlying drivers of P&L. Review and consolidate daily commentary and analyses for stakeholders
Business focus – be accountable for the Daily Financial Estimate for a Capital Markets Trading Line of Business. The incumbent is accountable to ensure that the control framework is operating efficiently. You will act as the main point of contact for peer and stakeholders in Capital Markets CFO Group, Front Office, Global Operations, Finance, Risk Management, etc. to ensure resolution of all related issues.
Who You Are
You understand that success is in the details . You notice things that others don't. Your critical, analytical thinking skills and sound judgement help to inform your decision making.
You embrace and champion change. You'll continuously evolve your thinking and the way you work in order to deliver your best.
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.
Y ou’re a certified professional. You have accreditation and good standing CFA Level 1, with 2+ years of relevant Product Control or related work experience. MBA, FRM, Master's of Finance are a plus.
You can demonstrate experience in concepts and processes for the PnL reporting of complex and/or sensitive nature; derivative products, customized securities, cross currencies, forwards, options and other vanilla and non-standard derivative transactions.
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
2025-03-31
Job Location
Toronto-81 Bay, 26th Floor
Employment Type
Temporary (Fixed Term)
Weekly Hours
37.5
Skills
Accounting Policies, Accounting Processes, Analytical Thinking, Balance Sheet Account Reconciliations, Finance, Financial Reporting and Analysis, Group Problem Solving, Management Reporting, Reconciliations
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.