Senior Financial Analyst, Treasury Product Control

CIBC • Toronto, ON

5d • Hybrid

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 Senior Analyst, Treasury Product Control, you’ll be mainly responsible for producing daily P&L and Risk reporting to Front Office, Finance, and Risk Management using multiple systems and sophisticated analysis and modeling techniques. Additionally, you’ll be reviewing the accuracy of booked trades, investigating discrepancies and resolving diverse number of issues/problems to ensure daily reporting requirements are met. You’ll contribute to the achievement of departmental goals and objectives by supporting the execution and maintenance of key initiatives and projects when required.

Requirements

• Some understand or experience working with Treasury products in a previous role in Finance, Accounting, Product Control environment.
• Proficiency in data analytics and programming tools eg. Python, SQL, Alteryx, VBA.
• Superior analytical and enjoy investigating complex problems, and making sense of information.
• Confident in your ability to communicate detailed information in an impactful way.
• Embrace and champion change.
• Continuously evolve your thinking and the way you work in order to deliver your best.
• Know that collaboration can transform a good idea into a great one.
• Bring your real self to work and live our values – trust, teamwork and accountability.

Nice To Haves

• Working towards a professional designation (CPA, CFA, FRM, MFin, etc.).
• Previous experience related to project management would be a plus.

Responsibilities

• Provide timely and accurate analyses for business’s profit and loss, risk and economic revenue reporting and any ad-hoc requests from business and Finance.
• Apply daily control procedures to ensure accuracy of reporting.
• Obtain Front Office P&L sign-off.
• Confirm and reconcile closing market positions to ensure Front Office has accurate information for hedging its portfolios.
• Partner with Accounting by producing reconciliations as required.
• Meet and/or exceed all documented Service Level Agreements with business partners to ensure service excellence is achieved.
• Maintain and understand the various organizational controls and processes as they relate to assigned books to adhere to regulatory requirements.
• Review and verify that adequate supporting documentation exists to ensure month-end attestation package completeness.
• Coordinate resolution of reporting issues across multiple teams to ensure accurate reporting and effective problem solving.
• Summarize findings and any recommendations to management in a clear and concise manner and taking preventative action to head off anticipated problems.
• Actively support assigned project streams or responsibilities, provide BA support in ensuring both internal projects and CIBC wide projects are partnered effectively, and executed upon.
• Gather business requirements from concerned team members, brainstorm how to best deliver improvements and/or provide recommendations to enhance efficiencies, and capture that through proper documentation.
• Stay current on tools and information available to contribute to improving the effectiveness of data analysis.
• Carry out enhancements for efficiency gains in order to provide more business support.
• Work closely with Treasury Front Office, Technology, Accounting Policy, Treasury Controllership teams, Finance Modernization team and GPO, to support launch of new products and strategies.
• Develop some understanding of potential economics and mechanics of the new products and strategies.
• Identify and document the implications for hedge accounting, technology and DFE processes.
• Document and communicate resulting business requirements.
• Assist with any testing for readiness.
• Interact with teams across Finance and Front Office, as well as partner with other infrastructure groups on initiatives.
• Try to anticipate challenges and stay committed to deliver quality results in a timely fashion.
• Be able to see the “big picture” in a complex environment and translate your understanding and insights into a workable project plan.

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: Senior
• Education Level: No Education Listed