Analyst, Global Trading Credit, Corporate Banking

CIBC•New York, NY

12d•$115,000 - $135,000•Hybrid

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 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. At CIBC we enable the work environment most optimal for you to thrive in your role. 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

Requirements

Strong undergraduate (business) degree required and 1-3years related experience.
Unquestioned professionalism, ethics and reputation. Approach to the workplace that is based on open communication and a team atmosphere
Broad working knowledge of derivatives and other trading floor products preferred
Understanding of the credit risks associated with trading floor business products preferred
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
This job must effectively foster client relationships
Build and maintain relationships with CIBC World Markets marketers/traders, and respond quickly to requests for credit requests from the trading floor
This job supports senior bankers with regard to activities of many parties

Nice To Haves

Post-graduate degrees and/or certifications, such as a CFA, MBA are viewed favorably, but are not essential
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. Analyst/Associates develop their skills through on the job training, mentoring and industry training
Build and maintain relationships with CIBC World Markets marketers/traders, and responds 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

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, New York 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.
banking benefits
a benefits program
a vacation offering
wellbeing support
MomentMakers, our social, points-based recognition program.