Analyst, Global Trading Credit, Corporate Banking

CIBC • New York, NY

1d • Hybrid

About The Position

The Analyst candidate for the Global Trading Credit provides counterparty credit analysis for non-bank financial institutions, working closely alongside a senior member of the team. The team manages the credit relationships for a portfolio of complex, demanding accounts, often involving a high level of profile within the Bank in a variety of industry segments. The role is located within the non-bank financial institutions section, which includes broker-dealers, asset managers, pension funds, hedge funds, private capital and insurance companies domiciled in the US, including Prime Brokerage. CIBC enables a work environment most optimal for employees to thrive in their role, and details on work arrangement (proportion of on-site and remote work) will be discussed at the time of the interview.

Requirements

• Strong undergraduate (business) degree required
• 1-3 years related experience
• Unquestioned professionalism, ethics and reputation
• Approach to the workplace that is based on open communication and a team atmosphere
• Solid understanding of specific industry, including fundamental market factors, and capital markets activity and influences
• Sophisticated analytical skills including extensive experience in analyzing financial statements in order to assess credit risks
• Ability to research and monitor large volumes of information from various sources, gather data and perform analyses on an ongoing basis
• Excellent oral and written communication skills to effectively communicate complicated concepts and financial data to senior management
• Excellent organizational and time management skills to deal with multiple and sometimes conflicting demands and time constraints
• Excellent adaptability and flexibility to deal with a rapidly changing environment
• Well-developed problem-solving and decision-making skills
• Strong Excel skills are a must

Nice To Haves

• Post-graduate degrees and/or certifications, such as a CFA, MBA are viewed favorably, but are not essential
• Broad working knowledge of derivatives and other trading floor products preferred
• Understanding of the credit risks associated with trading floor business products preferred
• Financial modeling experience is a plus

Responsibilities

• Provide a broad range of analytical and research support to all the professionals within the Global Trading Credit Team located in New York
• Complete specific tasks including financial statement and data analysis, financial modeling and industry research
• Develop skills through on the job training, mentoring and industry training
• Build and maintain relationships with CIBC World Markets marketers/traders, and respond quickly to requests for credit facilities from the trading floor
• Assist in the on-going monitoring of credit quality and global credit exposure of the portfolio by remaining current with counterparty’s financial condition, industry and economic trends
• Appropriately identify any relevant changes in the financial condition/business of a client
• Assist with due diligence activities and supports senior members on the team with regard to activities of many parties, including Legal and Documentation
• Provide sound, timely, and well-communicated recommendations for credit facilities supported by a thorough analysis and well-executed interpretation of relevant financial, industry, business, and market information
• Ensure that the portfolio meets with appropriate risk management guidelines and remains current with the changing methodologies
• Effectively foster client relationships
• Support senior bankers with regard to activities of many parties

Benefits

• Competitive total rewards package
• Competitive salary
• Incentive compensation plan
• Discretionary bonus component
• Medical
• Dental
• Vision
• Health Savings Account
• Life Insurance
• Disability
• Other Insurance Plans
• Paid Time Off (including Sick Leave, Parental Leave, and Vacation)
• Holidays
• 401(k)
• Banking benefits
• Wellbeing support
• MomentMakers, our social, points-based recognition program
• Purpose Day; a paid day off dedicated for you to use to invest in your growth and development

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 5,001-10,000 employees