Director, Funding Plan

CIBC•Toronto, ON

5d•Hybrid

About The Position

As part of CIBC's Treasury team, you'll contribute to a wide range of activities that are essential to the bank's financial stability and strategic direction. These include liquidity and cash management, overseeing settlement system risks, and managing collateral at key institutions such as the Bank of Canada, Federal Reserve, and clearing corporations. You'll play a pivotal role in sourcing and executing cost-efficient term funding for the bank’s balance sheet, optimizing capital structure to meet regulatory requirements and support business goals, and maintaining an effective funds transfer pricing model. You’ll also help develop and implement bank-wide balance sheet strategies aligned with corporate objectives, drive balance sheet optimization initiatives, and measure and manage structural interest rate risk. Additionally, you'll manage relationships with regulators, central banks, government bodies, industry groups, and investors concerning capital instruments, financing vehicles, and treasury-related financial system risks. In this Director role, reporting to the Senior Director, Funding Planning & Liquidity Reporting, you'll develop, analyze, and manage funding strategies and liquidity forecasts, providing insights into liquidity metrics and optimizing funding plans while ensuring regulatory compliance.

Requirements

Bachelor’s degree in Finance, Economics, Accounting, or a related field
5+ years of experience in Treasury, Liquidity Risk Management, or a related role within the financial services industry.
Familiarity with regulatory frameworks such as Basel III and local liquidity regulations.
Strong proficiency in financial modeling and forecasting techniques.
Advanced knowledge of liquidity metrics, including LCR, NSFR, and stress testing methodologies.
Proficiency in data analysis tools (e.g., Excel, SQL).
Excellent analytical and problem-solving skills with attention to detail.
Strong communication and presentation skills to convey complex financial concepts to non-technical stakeholders.
Ability to work collaboratively across teams and manage multiple priorities in a fast-paced environment.
Strategic mindset with the ability to anticipate challenges and propose innovative solutions.

Nice To Haves

Master’s degree, CA or CFA designation is a plus.

Responsibilities

Build and maintain robust forecasting models for key liquidity metrics, including LCR (Liquidity Coverage Ratio), NSFR (Net Stable Funding Ratio), and internal liquidity stress tests.
Analyze historical trends and market data to improve the accuracy of liquidity forecasts.
Analyze funding needs and recommend optimal funding strategies to minimize costs and risks.
Monitor market conditions and assess the impact of external factors on funding strategies.
Leverage advanced data analytics tools to extract insights from large datasets and improve decision-making processes.
Develop dashboards and reports to communicate funding and liquidity metrics to stakeholders.
Conduct scenario analysis and stress testing to evaluate the organization’s resilience under various market conditions, including contributing to the bank’s Enterprise Wide Stress Test (EWST), Macro Stress Test (MST), and recovery and resolution plans.
Provide regular updates and insights on liquidity positions to senior management and relevant committees.
Identify potential liquidity risks and recommend mitigation strategies.
Develop and maintain the funding plan to support the organization’s strategic goals.
Collaborate with internal stakeholders, including Finance, Treasury, Risk, and Business Units, to align funding plans with business objectives.

Benefits

competitive salary
incentive pay
banking benefits
a benefits program
defined benefit pension plan
an employee share purchase plan
a vacation offering
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