Specialist, Capital Markets Operations

CIBC•Toronto, ON

1d•Hybrid

About The Position

In support of NY Repos and Collateral Management, the Specialist will participate in various operational activities which include but are not limited to Collateral Management, covering of exposures, borrowing and pledging securities, Margin Calls, Settlements and Corporate Actions. You become a subject matter expert and understand numerous complex products, associated trade events (including accounting activities) and other related process flows. Coordinate with counterparties and lenders daily to manage collateral. The role will require frequent professional engagement with clients, traders, regulators, senior leaders and other support staff. At CIBC we enable the work environment most optimal for you to thrive in your role. To successfully perform the work, details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.

Requirements

Exceptional attention to detail, ensuring all trades are fully collateralized, client agreements and trade commitments are adhered to, and are fully balanced and settled by specified SLAs without errors or breaks.
Regularly participate in research and analysis of discrepancies between internal records, custodians and counterparties.
Strong focus on process improvement. Regularly identify, develop and implement operational process enhancements with the goal of improving efficiencies and synergies between internal and external partners.
Operate within multiple daily settlement deadlines across international jurisdictions (ie: Europe, UK, US and Canada). Ensure all trades, margin requirements and other daily operational activities are settled prior to end of business in respective jurisdictions without any risk exposure.
Previous experience in Capital Markets & Wealth Management Operations, with an understanding of Securities Lending, Repo Trading, Prime Brokerage, OTC Derivatives and Collateral Management.
Ability to analyze and process data quickly and efficiently with a strong technical and analytical mindset.
Advanced knowledge of Excel.
Experience with CDS, Arrow, APEX, FEDWIRE, DTC/FICC, Broadridge/ADP.
Act like an owner. Thrive when empowered to take the lead, go above and beyond, and deliver results.
Be driven by collective success. Understand that collaboration can transform a good idea into a great one.
Understand the power of an inclusive team that enjoys working together to bring a shared vision to life.
Understand that success is in the details. Notice things that others don't.
Use critical thinking skills to inform decision making.
Embrace and champion change. Continuously evolve thinking and the way of working in order to deliver your best.
Put clients first. Engage with purpose to find the right solutions.
Go the extra mile, because it's the right thing to do.
Values matter. Bring your real self to work and live values – trust, teamwork and accountability.
Be legally eligible to work at the location(s) specified and, where applicable, have a valid work or study permit.
Analytical Thinking
Business Operations
Customer Service
Operations Management
Prioritization
Quality Assurance (QA)
Technical Knowledge

Responsibilities

Participate in various operational activities including Collateral Management, covering of exposures, borrowing and pledging securities, Margin Calls, Settlements and Corporate Actions.
Become a subject matter expert on complex products, associated trade events, accounting activities, and related process flows.
Coordinate with counterparties and lenders daily to manage collateral.
Engage professionally with clients, traders, regulators, senior leaders, and other support staff.

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