Associate, Equity Derivatives Trading (Corporate)

CIBC•New York, NY

2d•Onsite

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. As a junior trader, you will help run and grow our Corporate/Issuer Equity Derivatives franchise. You will assist in pricing, hedging, booking, and risk-managing the full corporate product suite, including Forward Sales, Convertible-linked Call Spreads and Capped Calls, Prepaid Variable Forwards and Collars, and Accelerated Share Repurchases. Additionally, you will support institutional notes business lines such as Buy-Writes and Synthetic Convertibles.

Requirements

Resourceful junior based in New York, with exposure to corporate and equity derivatives and real trade-lifecycle fluency, who wants to sit on a desk, learn the book thoroughly, and help build the business.
Values matter to you.
Bring your real self to work and live our values – trust, teamwork, and accountability.
Legally eligible to work at the location(s) specified and, where applicable, must have a valid work or study permit.
May be asked to complete an attribute-based assessment and other skills tests (such as simulation, coding, MS Office).

Nice To Haves

A strong risk-taking instinct is a genuine plus, but it is a secondary concern rather than the primary requirement.

Responsibilities

Run the book day-to-day, supporting pricing and marks, and executing and managing delta and other hedges.
Own the trade lifecycle end-to-end, from execution through settlement, including physical-share/144A mechanics and the segregated physical-shares account.
Partner with the structurer and quant teams to implement new instruments and validate their pricing, booking, and lifecycle.
Work alongside Trade and Product Control to reconcile bookings and P&L across the client, hedge, and funding legs.
Coordinate with Financial Resources and Treasury to ensure borrow and funding costs don’t quietly erode deal P&L.
Build the desk’s operational infrastructure—deal database, hedging and payout tools, and automated daily reporting—replacing manual workarounds with reliable, repeatable tooling.