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.
To learn more about CIBC, please visit CIBC.com
What You’ll Be Doing
CIBC’s Global Markets business focuses on delivering expert financial and economic analysis and savvy deal-making capabilities to clients in Canada and around the world. The Global Markets team supports fixed income, foreign exchange, commodities, derivatives, equities, and growth markets and is focused on building a strong, innovative relationship-oriented bank.
Within CIBC Global Markets, the Alternate Solutions Group (ASG) was launched in 2013 with a mandate to develop innovative and creative technology-driven capital markets solutions. This group is an unconventional capital markets organization that combines the innovative spirit and agility of a FinTech startup with the financial strength and strong governance protocol of a major financial institution. ASG has been recognized as a global leader in providing disruptive technological capital markets solutions in several product areas including Cross Border Payments, Dynamic Currency Conversion, Multi-currency pre-paid cards, Foreign Cash & Precious Metals Online and white labeling thereof. ASG’s client base stretches from some of the largest banks in the world, to corporates to CIBC’s retail clients.
We are hiring on the Dynamic Currency Conversion (DCC) team, a leading FX product in ASG. DCC is a service enabled on ATMs that enables foreign cardholders to pay for their cash withdrawal in their home currency. This optional service provides foreign cardholders with the transparency of knowing exactly how much they will be debited. Since its inception, the DCC product team has built partnerships with 30+ financial institutions to enable this white label solution on 100,000+ ATMs worldwide.
At CIBC we enable the work environment most optimal for you to thrive in your role. To successfully perform the work, you’ll be on-site full-time.
How You’ll Succeed
We are looking for high-energy individuals with an entrepreneurial spirit, who will help us build our DCC business. You will operate in a fast-paced environment as part of a dynamic, hardworking, production-focused product team. Your key mandate will be to provide analytical and strategic support to the product team.
Leveraging Analytical Skills - Identify, analyze, and interpret patterns in complex data sets and provide recommendations on growth opportunities and business initiatives. Monitor, track and analyze client portfolio performance and economic factors, on an ongoing basis throughout the day, including routine reporting, to be able to respond to client requests and address anomalies. Conduct comprehensive research to assist in the identification and/or analysis of business trends and opportunities
Supporting our Client Relationships - Work with Associates and Directors to investigate, analyze and resolve issues impacting clients. Periodically present to clients (in English and Spanish) to review product performance, technical projects, and value-adding initiatives
Supporting our Sales Pipeline - Work closely with the distribution team to support sales cycle through the completion of client-facing presentations, analysis, and ad-hoc product expertise
Enhancing our Product and Processes - Seek concrete and practical ways to enhance our product and overall value-proposition to our clients. Understand and review our processes, identify areas for improvement, propose and execute productivity-enhancing solutions
Who You Are
You have completed an undergraduate university degree in business, STEM (Science, Technology, Engineering or Mathematics) or related field with a demonstrated record of academic excellence (preferred minimum 3.6 GPA)
You have strong interest in capital markets, foreign exchange, payments, and financial technology
You demonstrate 0-3 years of professional and/or extracurricular experience with a record of accomplishment of achievement, teamwork, and execution
You have previous management consulting, capital markets, and product management experience in FX payments is an asset
You are able to work autonomously with limited direction while being team player
You are able to manage competing priorities in a fast-paced, high-pressure, results-oriented work environment
You are a strong communicator and fluent in English & Spanish. You are comfortable presenting analyses and recommendations to senior executives in both languages.
You put your client first. You are effective at creating client-facing material including RFPs, pitchbooks, presentation decks, etc. Values matter to you. You bring your real self to work and you live our values - trust, teamwork, and accountability.
What CIBC Offers
At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential.
We work to recognize you in meaningful, personalized ways including a competitive compensation, a banking benefit*, wellbeing support and additional offers such as employee and family assistance programs and MomentMakers, our social, points-based recognition program.
Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.
*Subject to program terms and conditions
What you need to know
CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact Mailbox.careers-carrieres@cibc.com
You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit
Expected End Date
2024-11-01
Job Location
Toronto-161 Bay St., 4th
Employment Type
Temporary (Fixed Term)
Weekly Hours
37.5
Skills
Business Direction, Client Relationship Management, Communication, Customer Relationship Management (CRM), Data Analysis, Equity Derivatives, Global Market, Interest Rate Derivatives, Market Analysis, Market Trading
