CIBC

Director (VP Level), Equity Derivatives Sales

CIBC$225K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in equity derivatives sales or financial markets
  • Existing relationships with insurance clients in equity derivatives
  • Strong understanding of fixed-strike and light-exotic options
  • Proven strategic thinking skills to adapt to market changes
  • Excellent presentation and negotiating skills to influence senior-level decisions
  • Knowledge of profitability, risk, and cost control
  • University degree in business or finance with relevant experience

Responsibilities

  • Execute strategic financial plans for Equity Derivatives Sales targeting U.S. investor clients
  • Collaborate with trading, risk, and origination teams to enhance capabilities
  • Monitor and analyze market trends to inform strategy
  • Develop and maintain relationships with clients and business partners
  • Contribute to the evolution of CIBC’s commercial strategy

Benefits

  • Comprehensive medical, dental, and vision insurance
  • Health Savings Account
  • Life and disability insurance options
  • Paid time off including vacation and parental leave
  • 401(k) retirement plan with company contributions
  • Flexible work environment with discussions on remote and on-site arrangements
  • Inclusive corporate culture promoting teamwork and collaboration
Full Job Description
What You’ll Be Doing

The Director, Equity Derivatives Sales, will focus on insurance clients for fixed-strike and light-exotic options. This candidate should have existing client relationships that they can bring to our platform. This candidate would require a deep understanding of the equity and equity derivatives markets, trading experience, and client relationships. Lastly, the candidate will help us evolve our commercial strategy and therefore needs to be a strategic thinker capable of adapting to changes in the product and client landscapes.

At CIBC we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.

How You’ll Succeed

  • Execute strategic business and financial plans for distribution of Equity Derivatives Sales products across U.S. investor clients.

  • Partner with trading, risk, origination, and other teams across the firm to enhance CIBC’s functional capabilities.

  • Keep up to date with market trends.

Who You Are

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

  • Comprehensive knowledge of financial markets, specifically, Equity Derivatives functions and products.

  • Detailed working knowledge of the industry and market to assess impact of market conditions.

  • Excellent interpersonal and relationship building skills in order to develop and leverage relationships with clients, internal and/or external business partners.

  • Significant presentation/interactive skills sufficient to clearly articulate complex conceptual information/ideas on issues involving extensive interpretation and opinion.

  • Negotiating and influencing skills to shape decision-making processes at senior levels and resolve situations where compromise solutions are often negotiated.

  • Creativity skills sufficient to resolve complex problems and/or identify innovative alternatives or opportunities.

  • Comprehensive understanding of elements of profitability, risk, and cost control.

  • Knowledge of business/finance typically acquired through university business degree or equivalent combination of education and industry experience and relevant post-graduate education as specified by US-FIC.

  • Unquestioned professionalism, ethics and reputation and proven ability to exercise strong independent judgment when making business decisions and/or representing CIBC World Markets.

  • Attention to detail, strategic thinking capability with ability to identify and exploit trends and opportunities.

  • You embrace and champion change. You will continuously evolve your thinking and the way you work in order to deliver your best.

Your influence makes an impact. You know that relationships and networks are essential to success.  You inspire outcomes by making yourself heard.

You’re digitally savvy. You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends.

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 create a shared vision.

#LI-TA

At CIBC, we offer a competitive total rewards package. This role has an expected salary of $225,000 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

Analytical Thinking, Business, Client Consultations, Client Onboarding, Client Service, Customer Engagement, Decision Making, Driven, Global Market, Identifying Opportunities, Sales, Standard Operating Procedure (SOP), Wealth Management

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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