Director, Power Sales

CIBCNew York, NY
Onsite

About The Position

As a Power Sales Director within the Corporate Solutions Group, Global Markets, you'll play a pivotal role in shaping CIBC's presence in the power sector. You'll serve as the primary contact for clients, cultivating and maintaining senior-level relationships with key stakeholders. Your expertise in power derivatives will enable you to originate and execute complex transactions, delivering tailored solutions that meet client needs. You'll leverage your deep knowledge of North American physical and financial power markets to provide valuable insights and drive growth. Collaborating closely with colleagues and stakeholders, you'll thrive in high-pressure environments and ensure seamless deal execution. Your ability to communicate and present complex concepts clearly will be essential in translating strategies into actionable steps for clients and internal teams.

Requirements

  • 5+ years of experience and deep product knowledge in power derivatives, with a proven track record of executing transactions with skill and urgency.
  • Established senior relationships within the power community, including key players and stakeholders active in the sector.
  • Strong analytical and negotiation skills.
  • Fluent in the legal documentation, modeling, and negotiation processes associated with power transactions.
  • Solid understanding of North American physical and financial power markets.
  • Work well under pressure and tight deadlines, partnering effectively with colleagues and stakeholders to bring deals to execution.
  • Strong oral and written communication skills, including the ability to translate complex concepts into simple terms and actionable steps.
  • Proficient in PowerPoint and Excel.
  • Manage your time effectively.
  • Bring your real self to work, and live our values - trust, teamwork, and accountability.

Responsibilities

  • Build and maintain senior-level relationships with key stakeholders in the power sector, acting as the primary contact for clients.
  • Develop and execute marketing and growth strategies to expand CIBC’s footprint within the power sector.
  • Originate and execute power derivatives transactions, ensuring best-in-class coverage and solutions for clients.
  • Provide deep insights and analysis on North American physical and financial power markets, leveraging your product expertise to add value.
  • Partner effectively with colleagues and stakeholders throughout the deal process, thriving under pressure and tight deadlines.
  • Translate complex deal concepts into clear, actionable steps for clients and internal teams, utilizing strong oral and written communication skills.

Benefits

  • 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)
  • Competitive salary
  • Incentive pay
  • Banking benefits
  • Wellbeing support
  • MomentMakers, our social, points-based recognition program.
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