Director, Trading Credit

Job title:

Director, Trading Credit

Company

CIBC

Job description

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

What You’ll Be Doing

The Capital Markets arm of CIBC provides corporate, government and institutional clients with innovative solutions to help them raise capital, and grow and invest actively throughout North America, Latin America, and key financial centers around the world.

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.

How You’ll Succeed

The Director, Trading Credit position is responsible for managing the trading credit relationships of a portfolio of Bank and Non-Bank Financial Institutions, many of which represent high profile trading relationships for the Bank. Industry segments include banks, MDBs/supranationals, hedge funds, broker dealers, high frequency trading entities, pension funds, regulated/unregulated funds and insurance companies.

Client Relationships – Act as the Corporate Banking relationship manager for Bank and Non-Bank Financial accounts, and build relationships with clients in order to understand their trading requirements and/or anticipate future needs for CIBC Capital Markets products and services;

Risk Mitigation – Work with trading floor businesses and other internal partners (Legal, Risk) to mitigate credit risks inherent in derivatives and other trading floor business products. Assist in the ongoing monitoring of credit quality and global credit exposure of the portfolio by remaining current with counterparties’ financial condition, industry and economic trends;

Credit Expertise – Provide sound, timely, and well-communicated recommendations for credit facilities supported by a thorough analysis and well-executed interpretation of relevant financial, industry, business, and market information. Conduct counterparty credit due diligence and manage credit exposure;

Leadership – Coach and provide oversight to Associates/Analysts.

Who You Are

You are goal oriented. Extremely dedicated and motivated individual with high career aspirations. Must be capable of assuming high levels of responsibility within short time frames. Success to you is helping solve and execute on the complex financial and strategic needs of our clients.

You possess relevant industry experience. Minimum 6 years of related experience; MBA, CFA or other relevant professional designation required.

You can demonstrate knowledge of derivatives and other trading floor products. Ability to understand existing and potential clients’ needs sufficient to recommend trading credit structures given the state of credit markets and the credit quality assessment of the client. Well-developed knowledge of corporate credit. Experience in preparing and analyzing complex credit applications/proposals. Excellent understanding of financial statements and accounting principles.

You’re an effective communicator. Excellent presentation skills evidenced by ability to be a focused, confident and persuasive presenter. Well-developed written and verbal communication skills sufficient to provide detailed explanation and interpretation of factual and conceptual information and ideas related to complex technical and conceptual issues. Good relationship building capabilities for internal and external audiences.

You can demonstrate technical knowledge of multiple software applications, including Microsoft Word, Excel, Access and PowerPoint. You use your detail-orientation to ensure analysis and advice is accurate and thorough.

You’re motivated by collective success. Well-developed interpersonal and relationship building skills in order to develop, manage and leverage relationships with clients, and internal and/or external business partners. Unquestioned professionalism, ethics and reputation and proven ability to exercise strong independent judgment when making business decisions and/or representing CIBC Capital Markets.

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 aspire to give you a career, rather than just a paycheck.

We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program*, defined benefit pension plan*, an employee share purchase plan, a vacation offering, wellbeing support, 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.

We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.

*Subject to plan and 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

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.

Job Location Toronto-161 Bay St., 8th

Employment Type Regular

Weekly Hours 37.5

Skills Analytical Thinking, Business Banking, Business Development, Business Solutions, Credit Analysis, Customer Experience (CX), Financial Markets Analysis

Expected salary

Location

Toronto, ON

Job date

Sat, 27 Jan 2024 05:03:34 GMT

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