CIBC

Executive Director, Electronic Trading Sales

CIBC$275K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 8+ years in electronic/algorithmic trading sales within investment banking or trading platforms
  • Proven history of managing US hedge fund and institutional asset manager relationships
  • In-depth knowledge of electronic trading products and algorithms
  • Strong communication, negotiation, and presentation skills
  • Bachelor's degree in Business, Mathematics, Engineering, Computer Science, or related field
  • US regulatory licenses (Series 7, 63, etc.) required; Canadian licenses beneficial
  • Proactive, detail-oriented with independent work capability

Responsibilities

  • Develop and execute client acquisition and growth strategies
  • Build and maintain relationships with US hedge funds and institutional investors
  • Advise clients on tailored electronic and algorithmic trading solutions
  • Drive sales growth through promotion of trading capabilities and analytics
  • Collaborate with internal teams to deliver client solutions
  • Provide market insights to inform product development
  • Partner with global teams for cohesive client coverage and execution

Benefits

  • Comprehensive medical, dental, and vision insurance
  • Health Savings Account and Life Insurance options
  • Paid Time Off including vacation and parental leave
  • Holidays and 401(k) plan
  • Additional perks exclusive to team members
  • Commitment to diversity and inclusion in the workplace
Full Job Description
What You’ll Be Doing

CIBC’s Electronic Trading Group is a leader in electronic execution, offering clients algorithmic equity trading products, direct market access (DMA) and advanced trading tools for strategy implementation and best execution. We are seeking an experienced US electronic and algorithmic trading salesperson to accelerate the growth and expansion of our US Electronic Trading platform. The successful candidate will be responsible for originating, developing, and managing new client relationships with US long/short hedge funds and institutional asset managers and will play a pivotal role in broadening our client coverage and elevating our platform’s market presence.

How You’ll Succeed

  • Client Origination & Coverage:

    • Develop, implement and execute effective client acquisition, coverage, and growth strategies.

    • Proactively build and maintain strong relationships with US hedge funds and institutional asset managers.

    • Serve as a trusted advisor to clients, understanding their trading needs and delivering tailored electronic and algorithmic trading solutions.

  • Sales Execution & Revenue Growth:

    • Drive sales growth by promoting CIBC’s electronic trading capabilities, including algorithmic strategies, smart order routing, and analytics.

    • Collaborate with trading, technology, and product teams to deliver innovative, best-in-class client solutions.

    • Consistently achieve and exceed revenue and activity targets.

  • Strategic Platform Development:

    • Provide market intelligence and client feedback to guide product development and platform enhancements.

    • Shape the strategic direction and go-to-market approach for the US electronic trading business.        

  • Global Collaboration:

    • Partner with global sales and trading teams to ensure seamless client coverage and execution.           

    • Collaborate with the broader CIBC Capital Markets franchise – including High Touch Equities Sales Trading, Program Trading, Prime Brokerage, and Derivatives teams – to advance CIBC market share across all products.

  • Compliance & Operational Management:

    • Champion a culture of responsible finance, sound governance and supervision, expense discipline and ethical conduct.

    • Liaise effectively with internal stakeholder groups including Legal, Operations, Compliance, Technology, Credit and Risk to manage all aspects of the business.

    • Ensure strict adherence to compliance and operational risk controls in accordance with company and regulatory standards.

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

Who You Are

  • Experience:

    • Minimum of 8+ years of progressive sales experience in electronic and algorithmic trading within a major investment bank, broker-dealer, or trading platform.

    • Demonstrated track record of originating and managing relationships with US hedge funds and institutional asset managers.

  • Technical & Market Knowledge:

    • Deep expertise in electronic trading products, market microstructure, and algorithmic strategies.

    • Established network and strong reputation among buy-side trading and investment professionals.

    • Exceptional communication, negotiation, and presentation skills.

    • Entrepreneurial mindset with demonstrated success in building and scaling businesses.

  • Education:

    • Bachelor’s degree required, preferably in Business, Mathematics, Engineering, Computer Science, or a related field.

  • Certifications:

    • US regulatory registrations (Series 7, 63, etc.) required.

    • Canadian regulatory registrations (CSC, DFC, CPH, etc.) are an asset.

  • Skills:

    • Highly proactive, motivated, and detail-oriented with the ability to work independently.

    • Excellent oral and written communication skills, with the ability to engage effectively at all levels of the organization.

    • Strong organizational skills and ability to manage multiple priorities and deadlines.

    • Flexible schedule, with the ability to travel regularly as required.

#LI-TA

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.

Expected End Date

2026-03-25

Job Location

NY-300 Madison Ave., 5th Floor

Employment Type

Regular

Weekly Hours

40

Skills

Analytical Thinking, Customer Engagement, Financial Modeling, Global Market, Investments, Leadership, Market Knowledge, Market Share, Market Trading, Process Improvements, Researching, Solution Strategies

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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