Associate/Director (VP Level), Structured Equity Finance

CIBC•New York, NY

1d•Onsite

About The Position

CIBC is building a relationship-oriented bank for the modern world, seeking talented, passionate professionals dedicated to clients. The company empowers its team members to make a meaningful impact and values their contributions. This role is crucial for the continued expansion of Structured Equity Finance (SEF) and the portfolio of Corporate Equity Derivative transactions in North America for CIBC's core clients. CIBC prioritizes employee goals, fostering a career-oriented environment with opportunities for growth and development. The company offers meaningful recognition, a competitive salary, incentive pay, banking benefits, a comprehensive benefits program, vacation, wellbeing support, and a social, points-based recognition program called MomentMakers. CIBC provides modern spaces and technological tools to facilitate innovative solutions for clients and cultivates a culture that encourages ambition, including a paid day off (Purpose Day) for personal growth and development. CIBC is committed to creating an inclusive and accessible environment for all team members and clients, driven by values of Trust, Teamwork, and Accountability. With 48,000 employees, CIBC helps clients achieve their financial goals daily.

Requirements

Undergraduate degree
Work experience analyzing, presenting, and implementing structured financings, margin loans, NAV financings, and equity derivatives
Highly motivated, good team player
Attention to detail and proven financial analysis and structuring capability
Strong preexisting client relationships
Approximately 5-10 years of relevant SEF product experience at a bank including syndicated financings and volatility-based Corporate Equity Derivative transactional experience
Legally eligible to work at the location(s) specified
Must have a valid work or study permit, where applicable

Nice To Haves

Graduate degree/MBA preferred

Responsibilities

Identify new transaction opportunities for CIBC leveraging existing client relationships, including with corporates, private equity funds, family offices, insurance companies, mutual fund companies and other asset managers
Manage the approval, negotiation and execution processes of SEF transaction
Focus on NAV financings, margin loans, and Corporate Equity Derivatives, as appropriate
Manage transaction bookings, hedges and risk management for SEF products
Coordinate with EQD trading on the approval, execution and risk management aspects of vol-based Corporate Equity Derivative products
Coordinate with Delta1 trading and other teams on transaction approval and execution
Execute transactions within CIBC’s risk framework and achieve target returns associated with the SEF transaction portfolio
Manage the complete transaction lifecycle, including transaction origination, securing internal committee approvals, client negotiations and overseeing the transaction execution, booking and risk management
Provide timely support to Capital Markets Sales Teams associated with SEF transaction opportunities, including partnering in pitches, transaction assessment and structural proposals
Ensure close cooperation with other CIBC Capital Markets financing activities across Investment Banking, Equity Derivatives, Prime Brokerage and Global Credit Finance, to maximize CIBC Client opportunities and cross product capabilities