Full Job Description
Canadian Imperial Bank of Commerce seeks an Associate, Global Markets, to analyze commodities market risk and optimize risk-adjusted revenue. Communicate trade ideas and hedging solutions to the sales desk to support the client franchise. Provide timely and accurate pricing to clients to meet market goals. Utilize programming languages, such as Python and VBA, to develop trading strategies, automate processes, and perform market analysis. Conduct fundamental analysis and regression modeling to build forecasting models. #LI-DNI
Position requires a Master's degree in Finance, Economics, Business Analytics, or a related quantitative field and 3 years of experience with preparing quantitative analyses of market risks using Excel and VBA. Experience must include a minimum of: 3 years of experience with using Python to create trading strategies, automate processes, and perform market analysis; 3 years of experience with preparing daily management updates and performance reports for commodities financial markets; 3 years of experience with using automated systems to support finance teams' operational needs; and 3 years of experience with reviewing SQL queries to ensure accuracy of financial data.
Job location: New York, NY. RATE OF PAY: $150,000.00 - $200,000.00 per year. To apply, please visit https://www.cibc.com/en/about-cibc/careers.html and enter Job Requisition ID [redacted]. Alternatively, please send your resume, cover letter, and a copy of the ad to: CIBC, Attn.: H. Lazzaro, 300 Madison Avenue, New York, NY 10017.
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
• 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-New York, 300 Madison Ave Fl 5
Employment Type
Regular
Weekly Hours
40
Skills
Business Processes, Capital Markets, Client Service, Communication, Data Analysis, Equity Derivatives, Global Market, Interest Rate Derivatives, Market Analysis, Market Trading