Director, Trading Documentation (12M Contract)

CIBC•Toronto, ON

9d•Hybrid

About The Position

As Director, Trading Documentation, you’ll negotiate and execute master agreements for over-the-counter and centrally cleared derivatives, securities financing transactions, and other trading products on behalf of the bank and its affiliates. You’ll also maintain and update key information on online platforms that support trading, regulatory compliance, and collateral management activities. Working closely with trading desk personnel, relationship managers, senior risk management partners, and colleagues across Legal, you’ll help ensure executed agreements align with the bank’s documentation policies and procedures. In this role, you’ll contribute to effective risk mitigation and support the bank’s capital markets business through thoughtful, accurate, and timely documentation. At CIBC we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.

Requirements

Deep expertise in trading documentation.
Strong experience in transactional derivatives and structured products.
Advanced drafting, communication, and analytical skills.
Strong understanding of ISDA Master Agreements and other derivatives and securities financing documentation, as well as treasury trading products.
Thoughtful problem-solver.
Highly detail oriented and comfortable working through complex issues with sound judgment.
Ability to explain technical concepts clearly to internal partners and clients.
Digitally confident, comfortable learning and using internal and third-party online platforms that support trading, regulatory compliance, and collateral management activities.
Ability to use technology effectively to manage documentation workflows and maintain accurate records.
Relevant legal and regulatory knowledge.
Familiarity with credit agreements, security documents, intercreditor agreements, and related documentation, and ability to review these materials efficiently to assess the bank’s security position.
Understanding of regulatory requirements related to onboarding derivatives clients, including Know Your Client (KYC) and Dodd-Frank requirements.
A law degree.
Experience working at a law firm or as in-house counsel at a financial institution is considered an asset.
Bring your real self to work, and live our values - trust, teamwork, and accountability.

Nice To Haves

Experience working at a law firm or as in-house counsel at a financial institution.

Responsibilities

Negotiate International Swaps and Derivatives Association (ISDA) Master Agreements, Credit Support Annexes (CSAs), pledge agreements, and other master agreements related to derivatives and securities financing transactions, including repurchase and securities lending transactions.
Support CIBC’s capital markets activities by negotiating trade confirmations and documentation for securitization and structured finance programs, particularly those with a derivative component.
Apply and communicate the bank’s documentation policies and procedures for trading products in alignment with internal standards and applicable regulatory and industry requirements.
Help identify practical solutions to support regulatory change and promote consistency across documentation practices.
Review credit agreements, security agreements, intercreditor agreements, and related lending documentation to confirm the bank’s security position before trading activity begins.
Help ensure the most appropriate documentation is in place to mitigate credit risk and manage capital implications.
Use internal and third-party online platforms to negotiate client-facing contracts and to access, update, and maintain information in support of the bank’s trading, regulatory compliance, and collateral management requirements.
Ensure information is accurate, current, and maintained in accordance with established guidelines and procedures.
Build strong working relationships with trading desk personnel, relationship managers, senior risk management partners, corporate clients, peer institutions, and regulators.
Provide clear guidance, negotiate effectively, and support stakeholders across a range of complex documentation matters.