Manager, Repo Operations

CIBC • Toronto, ON

1d • Hybrid

About The Position

The Repo Operations team is responsible for providing efficient and accurate settlements for our Repo and Fixed income business for the firm in domestic and international markets. As the Manager, Repo Operations you will provide leadership to an experienced team with functions varying from Repo Settlements, Fixed Income Cash Settlements, Coupon Claims and Payments processing. Experience supporting Repo and Fixed income trading in CDS, DTC, Euroclear, Crest (BNP) and FED will be key in the successful leadership of the team, ensuring all Service Level Agreements (SLAs), risk management/compliance obligations, reconciliations, budgeting and succession planning are managed effectively. As the incumbent, you will be responsible for leading and executing the future operational framework and modernization of our internal processes as we continue to grow in product offerings, geographies, client base with a focus on automation and collaboration. You will frequently be responsible for resolving complex, high-risk issues with sound decisions. Please note, a preferred candidate has been identified, however, all interested and qualified candidates are still welcome to apply.

Requirements

• Experience supporting Repo and Fixed income trading in CDS, DTC, Euroclear, Crest (BNP) and FED.
• Previous experience in Capital Markets & Wealth Management Operations, with an understanding of Securities Lending, Repo Trading, OTC Derivatives and Collateral Management.
• Ability to analyze and process data quickly and efficiently with a strong technical and analytical mindset.
• Experience with Arrow, CDCC, DTC, Fed, Apex, Broadridge (ADP), Euroclear.
• Analytical Thinking
• Business Operations
• Operations Management
• Operations Support
• Prioritization
• Process Improvements
• Resource Allocation
• Legally eligible to work at the specified location(s) and, where applicable, must have a valid work or study permit.

Nice To Haves

• Leadership in a continuously improving and evolving environment.
• Strong focus on process efficiency and team development.
• Collaborating with internal partners to provide superior service to clients and business partners.
• People Leadership: Provide operational/process management expertise to ensure effective balances between service excellence, cost containment and risk avoidance.
• Develop strategic direction for team and implement related goals and objectives.
• Bold and authentic leader.
• Passionate about developing and coaching to bring out the best in people.
• Led diverse, high performing teams.
• Driven by collective success.
• Knows that collaboration can transform a good idea into a great one.
• Understands the power of an inclusive team that enjoys working together to bring a shared vision to life.
• Influence makes an impact.
• Knows that relationships and networks are essential to success.
• Inspires outcomes by making yourself heard.
• Puts clients first.
• Engages with purpose to find the right solutions.
• Goes the extra mile, because it's the right thing to do.
• Understands that success is in the details.
• Notices things that others don't.
• Critical thinking skills help to inform decision making.
• Values matter.
• Brings your real self to work and lives values – trust, teamwork and accountability.
• Mentoring Staff
• People Management

Responsibilities

• Provide leadership to an experienced team with functions varying from Repo Settlements, Fixed Income Cash Settlements, Coupon Claims and Payments processing.
• Ensure all Service Level Agreements (SLAs), risk management/compliance obligations, reconciliations, budgeting and succession planning are managed effectively.
• Lead and execute the future operational framework and modernization of internal processes.
• Resolve complex, high-risk issues with sound decisions.
• Manage production activities, including resource allocations, process adherence and compliance checks.
• Develop strategic direction for team and implement related goals and objectives.
• Provide in-depth advice and support on operational/product processes.
• Manage risk within the department by ensuring compliance to policies, procedures and standards.
• Manage effective partnerships and business relationships to facilitate communications and effective cooperation.

Benefits

• Competitive salary
• Incentive pay
• Banking benefits
• Benefits program
• Defined benefit pension plan
• Employee share purchase plan
• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: No Education Listed