CIBC
Job title:
Manager, Alternative Products
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 visitWhat you’ll be doingAs a Manager, Alternative Products, you will report to Senior Manager, Investment Fund Specialist. You will work collaboratively with various internal and external core business partners to assist with valuation and operational tasks for all alternative products offered by CIBC. These could include products offered in our limited partnerships, retail mutual funds, institutional pools and exchange traded funds to ensure all valuation components, and accounting rules, are applied correctly, and that the alternative products are valued appropriately by our vender.This role requires close collaboration with our major service provider, CIBC Mellon, while implementing monitoring controls to ensure internal and external valuation/reporting policies are adhered to; thus, timely, accurate and reliable information is produced. The person in this role is expected to perform review, analysis and production of the alternative product valuations with support from the Senior Manager and Director of the Fund Valuations team.At CIBC we enable the work environment most optimal for you to thrive in your role. You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 1-3 days per week on-site, while other days will be remote.How you’ll succeedPreparation and reporting – Monitor the daily valuation and pricing for CIBC’s entire retail investment fund offer and prepare financial statements (annual & semi-annual basis) and month-end reporting summaries for the funds.Legislation – Ensure the distributions (interest, dividends, return on capital, etc.) to clients are accurate and that all tax reporting is completed on time. Also ensure that all funds are able to invest and meet local market requirements related to taxation and market documentation.Process improvements – Support the business in product enhancements and new product launches.Who you areYou can demonstrate 5 to 8 years of experience in Investment Fund Accounting experience, ideally in the Asset Management industry. You have knowledge of securities products and valuation including derivatives.You have a degree/diploma in a relevant field of study (Business management/Accounting etc.). It is an asset if you have or are working towards a professional accounting designation.You give meaning to data. You enjoy investigating complex problems and making sense of information. You communicate detailed information in a meaningful way.You know that details matter. You notice things that others don’t. Your critical thinking skills help to inform your decision making.You look beyond the moment. You know what you do will make a difference today and tomorrow. You look for new opportunities to define what’s possible.Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.What CIBC OffersAt 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 conditionsWhat you need to knowCIBC 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 contactYou need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit.We may ask you to complete an attribute-based assessment and other skills tests (such as simulation, coding, French proficiency, MS Office). Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us.Job Location Toronto-161 Bay St., 11thEmployment Type RegularWeekly Hours 37.5Skills Accounting, Analytical Thinking, Asset Management, Business, Business Processes, Communication, Financial Analysis, Financial Analysis and Reporting, Financial Statements, Investments, Management Reporting, Market Analysis, Mutual Funds, Process Improvements, Reporting Systems, Valuating
Expected salary
Location
Toronto, ON
Job date
Wed, 05 Jun 2024 05:35:11 GMT
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