What you'll be doingAs a Director, Capital Markets Finance, you will provide high quality reporting & advisory support to the Global Markets management team on financial and business performance, planning and forecasting. This includes reporting & analysis of the financial resources (e.g. revenue, expense, leverage, assets, liabilities, & FTE), planning and forecasting, performing/providing insights to Actual to Plan and DFE to GL variance analysis, and assessing the financial performance and developing financial plan for initiatives. This role will support Global Equities desks in Global Markets. It is an individual contributor role.
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 succeed- Reporting & analysis - Review daily, weekly, monthly and quarterly financial results and provide high quality, insightful and timely analysis of financial performance for Global Markets businesses. Identify opportunities for cost savings and support the effective management of Balance Sheet, Funding/Liquidity and Capital Resources (RWA, Leverage and Regulatory Capital). Ensure that reporting and analysis keep pace with the changing business and environment.
- Planning and forecasting - Coordinate and support the development of the financial strategic and business plans for Global Markets. Work closely with business heads, Risk and Capital Management, to ensure reasonableness of market assumptions and impact of expected regulatory changes to ensure successful execution. Understand and review allocations to the business and be able to work closely with the counterparts in other areas of the bank to challenge allocations and ensure they are reasonable.
- Business initiatives - Work closely with the business leader to provide sound financial advice on strategic and tactical initiatives and projects. Provide leadership, accountability and facilitate the implementation of business optimization/process reengineering, and strategic initiatives impacted supported businesses.
- Collaboration - Establish and build healthy working relations and partnerships with the business leaders in Global Markets, as well as peers in Risk Management, Operations, Technology, Treasury and other areas of Finance.
Who you are- You can demonstrate aminimum of 5 years experience in a Finance role, have a professional accounting designation and/or a post graduate business degree; good financial accounting knowledge and the ability to comprehend complex accounting issues and summarize them for the business; strong problem solving, analytical, judgment and change implementation capabilities.
- You act like an owner. You thrive when you're empowered to take the lead, go above and beyond, and deliver results.
- You're passionate about people. You find meaning in relationships, and surround yourself with a diverse network of partners. You build trust through respect and authenticity
- You're driven by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to bring a shared vision to life.
- You give meaning to data. You enjoy investigating complex problems, and making sense of information. You're confident in your ability to communicate detailed information in an impactful way.
- You live your values. You bring high standards, genuine care to your relationships, and want to grow with an employer that shares your values and brings out your best.
#LI-TA
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 conditions
Job LocationToronto-141 Bay, 20th Floor
Employment TypeRegular
Weekly Hours37.5
SkillsAnalytical Thinking, Creativity, Financial Advising, Financial Reporting and Analysis, Process Improvements, Project Support, Regulatory Requirements, Risk Assessments