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 (https://www.cibc.com/en/about-cibc.html)
What you'll be doing
Join CIBC's Capital Markets team as an Executive Director, Cash Equities, where you'll play a key role in expanding our Institutional Equities presence in the US market. As part of a dynamic and growing team, you'll cover US cash accounts trading Canadian equities, prospect for and open new US accounts, and help shape the identity of CIBC in the US market for northbound flow. You'll be responsible for cross-selling CIBC products, and acting as a business analyst to support the development and enhancement of our trading products. Your strong relationships with US accounts and ability to generate trading ideas based on research and desk insights will be essential. You'll also have the opportunity to contribute strategically to the direction of the Equity desk, and leverage AI tools to drive performance.
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
Client Coverage & Relationship Management - Cover US cash accounts trading Canadian equities, build and maintain strong relationships with institutional clients, and prospect for new US accounts.
Business Development - Identify and open new US accounts, cross-sell CIBC products, and find innovative ways to institutionalize CIBC within client segments.
Strategic Contribution - Help create an identity for CIBC in the US market for northbound flow and contribute to the strategic direction of the Equity desk, especially in an AI-enhanced environment.
Trading Execution & Risk Management - An ability to trade different styles such as risk-arbitrage and special situations, traditional cash/block trading and generate trading ideas based on research sales input and desk color.
Product Development & Integration - Act as a business analyst for technology, supporting the development and enhancement of trading products, and collaborate closely with the Program Trading Team.
Innovation & Analytics - Leverage generative AI, Bloomberg, EMS & OMS platforms, and analytical tools such as Excel, Python, and Tableau to drive insights and performance.
Who you are
You have deep industry experience. You bring at least 8 years of experience in institutional equities, with a proven track record covering US accounts trading Canadian equities.
You're a relationship builder. You have strong, established relationships with US institutional clients and excel at building trust and credibility.
You're a strategic thinker. You contribute to the broader direction of the Equity desk and understand how to position CIBC for growth in the US market.
You're technically adept . You have hands-on experience with generative AI, Bloomberg, EMS & OMS platforms, and are comfortable using Excel; experience with Python and Tableau is an asset.
You're collaborative and adaptive. You thrive in a team environment, integrate seamlessly with program trading teams, and adapt quickly to evolving business needs.
You have a strong educational foundation. You hold a Bachelor's degree in STEM, Business, Economics, or Philosophy; an MBA, MSc, or CFA designation (considered an asset)
Values matter to you. You bring your real self to work, and you live our values - trust, teamwork, and accountability.
California residents - your privacy rights regarding your actual or prospective employment (https://us.cibc.com/en/about-us/california-consumer-privacy-act-employment.html)
At CIBC, we offer a competitive total rewards package. This role has an expected salary of $275,000 for the New York, NY market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit's incentive compensation plan, which also may include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employee's needs; including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave, and Vacation), Holidays, and 401(k), in addition to other special perks reserved for our team members.
Candidates hired to work in other locations will be subject to the pay range associated with that location. Additional total compensation and benefits details will be provided during the hiring process.
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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*, 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 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.
We may ask you to complete an attribute-based assessment and other skills tests (such as simulation, coding, 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
NY-300 Madison Ave., 5th Floor
Employment Type
Regular
Weekly Hours
40
Skills
Business, Business Processes, Capital Markets, Client Consultations, Equity Markets, Global Market, Group Problem Solving, Leadership, Process Improvements, Sales, Strategic Thinking, Wealth Management
At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability.
Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel.
Every day, our 48,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.
