Associate/Director (VP Level), Structured Equity Finance

Canadian Imperial Bank of Commerce • New York, NY

1d • Onsite

About The Position

This position is focused on expanding the Structured Equity Finance (SEF) portfolio and Corporate Equity Derivative transactions in North America for CIBC's core clients. The role involves identifying new transaction opportunities by leveraging existing client relationships with various entities such as corporates, private equity funds, family offices, insurance companies, mutual fund companies, and other asset managers. Key responsibilities include managing the approval, negotiation, and execution processes for SEF transactions, with a primary focus on NAV financings, margin loans, and Corporate Equity Derivatives. The role also entails managing transaction bookings, hedges, and risk management for SEF products, and coordinating with EQD trading and Delta1 trading teams on the approval, execution, and risk management aspects of volatility-based Corporate Equity Derivative products.

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
• Bring your real self to work and live our values – trust, teamwork, and accountability

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
• 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 achieving 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

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 (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: Mid Level
• Number of Employees: 5,001-10,000 employees