CIBC

Analyst/Associate, Commodities Trading

CIBC$115K — $150K *
Energy & Utilities
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Undergraduate degree in a quantitative discipline and 0-2 years of experience.
  • Strong understanding of programming languages, especially Python.
  • Keen attention to detail and critical thinking skills.
  • Passionate about continuous learning and knowledge growth.
  • Goal-oriented and motivated to accomplish set goals.
  • Ability to build meaningful relationships with a diverse network.
  • Strong alignment with core values of trust, teamwork, and accountability.

Responsibilities

  • Assist trading staff with operations across all commodity products.
  • Support desk operations and automate processes using Python and VBA.
  • Contribute to new product onboarding through risk assessment.
  • Develop deep understanding of commodities markets.
  • Create trading analytics and strategies using programming and analysis.
  • Engage with clients to provide tailored solutions and financial plans.
  • Participate in marketing activities to grow network and relationships.

Benefits

  • Comprehensive medical, dental, and vision coverage.
  • Health Savings Account and life insurance options.
  • Paid time off including vacation and parental leave.
  • 401(k) savings plan with employer contributions.
  • Diverse perks for team members to enhance workplace experience.
Full Job Description

What You’ll Be Doing

As a member of the Commodities Trading team, you will work in a fast-paced environment, contributing to the trading desk’s operations and assisting in trading and managing risk positions. You will:

  • Learn about the trading of commodities and support the trading staff across all commodity products, including energy, metals, agriculture, and index products.

  • Support desk operations, including end-of-day, end-of-month, and end-of-year processes, and help automate these processes using Python and VBA.

  • Contribute to the growth of the business by assisting in the onboarding of new products through established risk assessment and onboarding processes.

  • Gain a deep understanding of the commodities markets and develop subject matter expertise in trading to support staff and client transactions.

  • Develop trading analytics and strategies, leveraging programming and statistical analysis.

  • Engage with clients to understand their priorities, provide solutions, and offer forward-looking financial plans.

  • Participate in marketing and outreach activities to grow your network and deepen relationships.

How You’ll Succeed:

  • Risk Management: Support the trading desk in risk management of commodities positions. Grow into a role where you will be relied upon to quote and trade commodities risk from clients.

  • Collaboration: Work with stakeholders in middle and back office to ensure best practices.

  • Technical Skills: Utilize various programming languages to develop trading strategies, automate processes, and perform analysis. A high level of proficiency in Python is preferred.

  • Communication: Clearly communicate trade ideas and hedging solutions to the sales desk to support the client franchise.

  • Client Engagement: Meet with clients, understand their needs, and provide tailored solutions.

  • Relationship Building: Engage in outreach activities, deepen relationships, and connect clients with the right opportunities.

  • Leveraging Technology: Become a technology expert and help clients utilize our digital tools.

Who You Are

  • You have a Undergraduate degree in a quantitative discipline and 0-2 years of experience. You are comfortable with numbers and have strong analytical skills.

  • You have a strong understanding of one or more programming languages, with a high level of proficiency in Python preferred.

  • You know that details matter. You notice things that others don't. Your critical thinking skills help to inform your decision making.

  • You love to learn. You're passionate about growing your knowledge. You have a strong sense of curiosity.

  • You’re goal oriented. You’re motivated by accomplishing your goals and delivering your best to make a difference.

  • You find meaning in relationships and surround yourself with a diverse network of partners. You connect with others through respect and authenticity.

  • Values matter to you. You bring your real self to work and you live our values – trust, teamwork, and accountability.

#LI-TA       

At CIBC, we offer a competitive total rewards package.  This role has an expected salary range of $115,000 - $150,000 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.

Job Location

NY-New York, 300 Madison Ave Fl 5

Employment Type

Regular

Weekly Hours

40

Skills

Accountability, Analytical Thinking, Client Consultations, Communication, Critical Thinking, Financial Markets, Financial Modeling, Global Market, Investments, Market Trading, Researching, Teamwork

About CIBC

The Canadian Imperial Bank of Commerce is a Canadian multinational banking and financial services corporation headquartered in Toronto, Ontario. The bank is headquartered at Commerce Court in the city's Financial District. CIBC's Institution Number is 010, and its SWIFT code is CIBCCATT. It is one of two Big Five banks founded in Toronto, the other being the Toronto-Dominion Bank. The Canadian Imperial Bank of Commerce was formed through the June 1, 1961, merger of the Canadian Bank of Commerce and the Imperial Bank of Canada, the largest merger between chartered banks in Canadian history. The bank has four strategic business units: Canadian Personal and Business Banking, Canadian Commercial Banking and Wealth Management, U.S. Commercial Banking and Wealth Management, and Capital Markets. It has international operations in the United States, the Caribbean, Asia, and United Kingdom; Globally. CIBC serves more than eleven million clients, and has over 40,000 employees. The company ranks at number 172 on the Forbes Global 2000 listing.
Learn more about CIBC
Market Cap
$43.5 billion
Industry
Founded
1867
5 Year Trend
+8.8%

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