Analyst, Global Markets Trading

Canadian Imperial Bank of Commerce•New York, NY

1d•$115,000 - $135,000

About The Position

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 What You’ll Be Doing The Analyst role will be critical to assisting the Equity Derivatives desk with corporate/macro analysis and trade ideas as well as providing daily marketing materials for Sales to discuss and distribute to clients. This information should have direct positive impact via commercial outcomes with our clients and the Trading desk’s P&L. This candidate will be responsible for supporting senior sales in all aspects of client coverage, including trade execution, disseminating trade recaps, liaising with Middle Office to ensure timely trade settlement, and maintaining databases that track our commercial activity. In addition to learning from senior salespeople, this role will also be working closely with our Trading desk on ideas and risk sharing. As product knowledge increases, the role will expand to include direct client coverage responsibilities. How You’ll Succeed Demonstrate a working knowledge of Equity Derivatives and apply it to actionable trade ideas. Work with Research, Strategy, and Trading to help the desk generate content for Sales distribution. Help the team embrace technology that will lead to improvements in our daily workflow. Liaise with Trading to find risk sharing opportunities for our clients.

Requirements

Values matter to you. You bring your real self to work, and you live our values – trust, teamwork and accountability
Series 7 and 63 is required
Thorough understanding of the financial markets and market influences, including general current affairs
Ability to deal with the inherent conflict between the sales and trading functions and maintain a strong position in the face of opposition
Interpersonal skills to deal effectively with clients and staff
Ability to relay complex news/developments in a concise/clear manner
Ability to work under pressure
You embrace and champion change. You'll continuously evolve your thinking and the way you work in order to deliver your best
Your influence makes an impact. You know that relationships and networks are essential to success. You inspire outcomes by making yourself heard.
You’re digitally savvy. You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends.
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 create a shared vision.

Responsibilities

Assisting the Equity Derivatives desk with corporate/macro analysis and trade ideas
Providing daily marketing materials for Sales to discuss and distribute to clients
Supporting senior sales in all aspects of client coverage, including trade execution, disseminating trade recaps, liaising with Middle Office to ensure timely trade settlement, and maintaining databases that track our commercial activity
Working closely with our Trading desk on ideas and risk sharing
Demonstrate a working knowledge of Equity Derivatives and apply it to actionable trade ideas
Work with Research, Strategy, and Trading to help the desk generate content for Sales distribution
Help the team embrace technology that will lead to improvements in our daily workflow
Liaise with Trading to find risk sharing opportunities for our clients

Benefits

At CIBC, we offer a competitive total rewards package.
This role has an expected salary range of $115,000-$135,000 for the New York, NY market based on experience, qualifications, and location of the position.
The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which also may include a discretionary bonus component.
CIBC offers a full range of benefits and programs to meet our employee’s needs; including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave, and Vacation), Holidays, and 401(k), in addition to other special perks reserved for our team members.
Candidates hired to work in other locations will be subject to the pay range associated with that location.
Additional total compensation and benefits details will be provided during the hiring process.
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, 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.

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